$200m Rev's (ish) previously (2018-2020) and 100c (ish) EPS - A return to previous mgns on the same number of shares in issue sees ~150c EPS (maybe) vs 74c f/c at present - Assuming they can get to ~$300m Revenue ($282m f/c)
That's perhaps 120p EPS, on a PER of 20 (was 40 at previous highs) would give a theoretical target of 2,400p!
A very simple bit of maths and all theoritcal of course, just saying!
Thanks Jon, we are coming from the same angle. I can't be sure what the Operating Profit will be exactly but $265m on mid teens op margin results in EPS well to the upside of current forecasts the further fwd you go, and higher EPS than forecast, even with higher Corporation Tax imo
Thanks for the write up Rich.
For what it is worth - In theory...
$200m Rev's (ish) previously (2018-2020) and 100c (ish) EPS - A return to previous mgns on the same number of shares in issue sees ~150c EPS (maybe) vs 74c f/c at present - Assuming they can get to ~$300m Revenue ($282m f/c)
That's perhaps 120p EPS, on a PER of 20 (was 40 at previous highs) would give a theoretical target of 2,400p!
A very simple bit of maths and all theoritcal of course, just saying!
Thanks again and have a good weekend.
Thanks Jon, we are coming from the same angle. I can't be sure what the Operating Profit will be exactly but $265m on mid teens op margin results in EPS well to the upside of current forecasts the further fwd you go, and higher EPS than forecast, even with higher Corporation Tax imo