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Online Share Trading

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Buy or not?

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f4jsa
Frequent Contributor
The way I see it: In the good days EPS about 140c. Since then dilution of about 7 fold. That gives good times EPS 20c. Not so good times maybe 10c EPS. PE around 5 makes 50c per share during not so good times. When times are good again (not if, but when!) EPS around 15c and PE around 8 makes shareprice R1.20. That's a nice return from around 60c currently. What do you think?
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topgun
Super Contributor
Yip, SPG could certainly earn 15cps 2 years out on the back of a domestic recovery with its new corporate structure, recapitalised balance sheet and incentivised management team. A higher risk stock that could well rerate to your metrics and target price. Allan Gray share your prognosis.
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