Cain Velasquez schreef op 29 mei 2015 09:05:
Wiesje op SA
thank you for your paper on TT, I think TT is no longer overlooked for its pricey valuation, after the latest road shows in the US, Morgan came with a comprehensive paper upping their price target considerably
there are flash reports from other analysts indicating that there could be substantial increases in target prices ( much depending on what HERE may attract for bids) , the consensus may well move towards the 15 euro mark, we will have to see if they will back this up in their upcoming reports, but it looks very likely.
the focus on eps is now being outdone by asset valuation and outlook, we should not forget that analysts are price forecasting on a 12 month time frame, so an increase towards 15 euro is a 50% increase from the present share quotation
the real problem seems to be, that if investors want to move into this stock there is a lack of availability, the free-float cannot accommodate the buying interest, i have to agree with NewBee66, the stock could potentially explode, a lot of profit taking has been done as the previous price targets have all been achieved, if these people want back in the stock, they will have to pay up, 20 euro as an overshoot on 12/18 months is possible.