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The Accident Exchange Group - An ACE Investment

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CockneyRebel - Fri, 31 Dec 04 :

I expect the chart to continue it's general trend for some time.

Still very undervalued imo. I expect these to do 22p eps next year with the way the brokers have been upping estimates and the way the company said November was ahead of expectations. So we are looking at a growth rate of over 100%. That's still a forward PE of 13 if you accept they will beat the 18p forecast at this current time. That would still be a PEG of 0.13. Even on the current forecast of 18p eps next year the PEG is 0.16. A PEG 0.65 is generally considered as very cheap so what are these? ! !

CR




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