Strong buy from PBTY Broker13 Sep 2007 17:44
Thursday, September 13, 2007, 02:22 PM
Arbuthnot, house broker to Probability (AIM: PBTY) PLC, the mobile gambling group, issued an upbeat research note today.
In the note, Arbuthnot argued that Probability's business model was simple yet scaleable and that the company's first mover advantage could be the key to the groups success. Arbuthnot set a 110 pence share price and "strong buy" rating based on its estimate of 2010 full year results of £7.4 million in net win revenues, profit before tax of £1.1 million and earnings per share of 5.8 pence which produced a forward profit to earnings ration of 9.8.
http://www.proactiveinvestors.co.uk/blog/index.php?entry=entry070913-142230