Down Again18 Feb 2014 21:23
So will sit on hands & keep watching & waiting.
Main concern, or should I say confusion, is that consensus broker forecasts for year end 2015 predict £80m pre-tax profit, eps 119p & PE 11.6 (from Morning Star site)....this implies little, or no, uplift in current sp?...peaked too soon?.
IMV for what it's worth, there is still more to come and as you say Mogie, it's cheap compared to others and the market sector average......just niggles when cannot put a possible reason for continued slump.
SDP results I believe tomorrow so may get some hints as to how the markets been performing.
GL all.
DD