The Accident Exchange Group - An ACE Investment

Well happy New Year one and all.

Couldn't get much closer to the predictions of £3 by the end of the year could we! :-)

My next target 14th of June = 440p. I base this on what I think will be 22p eps expectations for next year by then and a forward PE of 20 to account for the growth running at around 150%+ pa. I actually think these could trade on a PE higher than 20 and may well do so as we work through the next financial year and as eps expectations are raised.

Have to remember that all stock carry risk tho, so none of the silliness like I heard on MPH thread where some were 100% invested in one stock ay. Keep diversified and run your winners imo.

Have a good three days one and all - champers tonight all round :-)

CR