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Posted: Wednesday Apr 5 7:38:58AM 2006
Perhaps an expected share price/sell target should be formulated under two scenarios?
1) The auto sector does well, i.e., wind at back.
2) The auto sector underperforms, i.e., head wind.
If you hold this thing long enough, one of these days, PIH will get up bid up over 20 X EPS. In the current environment of rising interest rates, appreciating CDN dollar, and a near bankrupt GM, $5.00 seems like a reasonable share price expectation. Once NA auto turns around, I would expect that PIH should be able to grow both top and bottom lines, and at that time will be worth much more.
Posted: Tuesday Mar 21 8:51:11PM 2006
Posted: Monday Mar 20 5:45:56PM 2006
Thanks Doren. 2 questions. What do you think this should be trading at and how do you come to that conclusion? What is your revenue projection for next quarter and NET profit margin? thanks great site!!!
Posted: Monday Mar 20 1:43:24PM 2006
Thanks Dundee. I have read that thread. Do you have any opionion re: its fair value. I am thinking they can earn $0.60 a share, with a 11 p/e i am looking for $6. which is a 62% increase from current market value. I do see a lot of supply out there. i guess that can be expected for a stock that has jumped this much.
Posted: Monday Mar 20 12:50:37PM 2006
check this thread
Posted: Monday Mar 20 7:49:10AM 2006
ANYONE STILL WATCHING THIS. DOES $6 MAKE ANYSENSE GIVING RECENT GROWTH AND MARGINS? I WOULD LOVE TO GET THIS BOARDS OPINION ON THIS ONE. THAKNS!!!