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ADVFN Where will the shareprice go now.....
mylands - Fri, 31 Dec 04 :
Happy New Year to one and all.
2005 saw afn's price rise from below 4p to 5p, which is a gain of over 25%. If only all my stocks had done that!
My 'tip' for 2005 is another tiddler that I started backing early this year when it was called Proactive Sports, now renamed Formation Group (FRM). Making good profits, pays a dividend (nearly twice covered), EPS of 0.95p per share. House broker forecasting profit growth of 20% plus in 2005, which would put it on a prospective p/e of 5.
IMO the shares have a good chance of rising from 7p to 10p plus in 2005.
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