noad

2007 The Doubler Thread for the Year Ahead


doubleorquits - Sat, 30 Dec 06 :

My third choice is Stockcube (SKC). Earnings forecasts for 2006 of 3.8p per share and 4.8p for 2007 put this share on a reasonable PE rating of only 13.5 at the current price of 67p. What makes this stock special and gives it the potential to double in my opinion is that it is awash with cash. Indeed, a lot of the earnings at the moment comes in from interest At the close of the interim stage, the company boasted cash of 4.242 million pounds, equating to 44.1p per share. This suggests that a careful investment of the cash could see an acquisition or two which will add to the growth of the company and share price. Strip out the cash and at present the share is rated on a PE of about 4.75.

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