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CLARKE - Teeing itself up for a big rise

Consolidated-Tomoka Land stock quotes

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CockneyRebel - Wed, 02 Jan 02 :

Oh yes!

Do the calculations. At 375p they are on a PE of 9.5 if the meet consensus expectations. Today they say they will beat them 'significantly' that probably sits them on a PE below 8.

Forward PE is probably more like 5-6.

Pays a healthy divi too - Final divi likely to be 15p, and they paid a special divi in H1 of 10p, might get that again, who knows how much this lot are making.

Well undervalued even after todays trading statement.

I added even more today - for a nice cheap, safe long term hold these look a must.

I expect this one to be trading on a PE around 12-15 as the results approach in March - think about it - we are talking a fiver or more.

Still currently trading at around their intra-day high at the interims thanks to Sep 11th events.

An absolute no-brainer!

Check out CCG too - a nice brace imo.




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