2019 Forecast29 Mar 2019 11:28
From the "UPS" thread ...........
Master RSI Forecast for CTO Year 2019
Item Fcast - Year 2019
Revenue 343.00m
Operating profits 10.15m
Profit before tax 9.40m
Profit after tax 7.63m
EPS -Basic 17.80p
Dividend Final 4.60p
Margins 2.95%
No. of shares 42.868m
A 5.56% increased in Revenues, as margins move to 2.95% overall, EPS increases to 15.75%,
so is the Dividend by 15%, keeping the same proportion of around 3.85 times EPS.
comment:
As shares are trading at 120p, the PE falls to 6.7, well undervalued for a
company growing at a rate of 15% on EPS and cash of £12.4m in the bank.