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Re: windygirl post# 792

Monday, 02/24/2014 10:24:04 AM

Monday, February 24, 2014 10:24:04 AM

Post# of 3827
The P/E was way too high at 45x prior to the earnings release. The P/E has since gone down to 33x which is reasonable since they've been experiencing such impressive growth numbers and near term growth is expected to continue in this direction.

I don't think the Australia announcement would have much of an affect on the PPS. Look back at the Gly-Tech Brazilian distributor announcement for instance. This distributor relationship never really materialized. Hopefully this Australia one does but we probably won't find out until FY2015.
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