biffa18
- 22 May 2003 21:25
Share on P/E ratio of three.
Cash generative business valued at only twice its cash flow.
Profits forecast to rise 225% on estimated increase turnover of 40%.
Reduced dependence on Ukrainian supplies.
Customer debts now guaranteed by corporates and western banks
House broker Bell Lawrie White forecasts a rise in profit of more than 225% from $3.5m to $11.1m this year