Sporting Bet. P/E of 10 growth of 723% and more to come!

miami put me down for £31.5m. The market must be looking for about £23m otherwise the full year forecasts don't add up. It looks like NFL results may have taken a few million dollars off the bottom line but SBT can cope with that and it always comes back anyway, that's the nature of sportsbetting. Last year exactly the same happened and BetonSports issued a warning but SBT came in ahead of expectations for the umpteenth time. We actually traded higher than this in March, 9 months ago, when profit forecasts were for £45m, now many are going for over £100m and we are 5p lower! The shares are lagging the profit performance but that has been a feature of this stock for years, then all of a sudden they rocket to a new level. I can see that happening in the first few months of 2006, the shares could be trading at over £7 and still only be in line with the growth in profits.

Good luck in 2006.