Originally Posted by
Lewylewylewy
Sorry im confused. Isn't danone a different company? Or are you saying it could get rerated to a pe of 15?
Looking at the last announcement in November... the one that starts with management's names each printed separately on a page with a picture of kids as the background... that's the one with jaynes name on the 3rd page, and the kids on her page are laughing and waving goodbye (which really should have been a clue, looking back)... they say basic earnings per share of 39.3c. Add 15% for the year, makes 45.2c, times 17.7 makes $8. I know it's rough and sloppy, but it's just a hypothetical guess based on the 15% growth that's being batted around on this site.
Anyway, my point wasn't to do any predictions. My point was to highlight that hypothetically, if they have continued performance below expectations it could mean a rerate if the market stops believing Outlook statements.
As I think I said, my prediction is also $17.