thestatusquo
- 27 Aug 2004 14:30
Been watching this little company for a while, and was interested to see it tipped in Shares as a play for the coming year.
The potential profit of 15-20million for the Swaylands development of luxury homes over the next 2 years is very exciting.
Company is currently valued at only 11million. Doing the sums, if profits can reach that 20million in 2 years, a reasonable p/e ratio of 10, would push this company towards a valuation closer to 100-200million.
Next years p/e of 2.5 is cheap. Throw in a potential takeover recently announced by the board.
hangon
- 13 Jul 2006 16:24
- 13 of 13
This thread should be closed - HYG is now a different trading company.
It is part of the stupid Confusion that the LSE perpetuates instead of moving to 4-character EPICs for all new companies.....thereby giving us about 25 times as many Codes as we have at present...
Dozey so-and-so's.