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CockneyRebel - Thu, 30 Dec 04 :

Yep, more follow-trough when the puters see the buying when they get home tonight imo.

3.7p forecast for 2006 by Equity Developments - a 2006 PE of 4.3. Some way off but as we go through this year these will start to rerate to take those earnings expectations into account imo.

This sort of growth from a small cap fully deserves a forward PE of 20+ in a years time which would mean a share price of 74p+. These won't get there in a week or twoo but I expect them to make steady progress over the coming year towards that valuation.

CR


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