Dutch Lady

Date announced 18/08/2010
Quarter 30/6/2010 Qtr 2
FYE 31/12/2010

STOCK DLADY
C0DE 3026

Price $ 18
Curr. PE (ttm-Eps) 15.16
Curr. DY 3.65%

Rec. qRev 188919 q-q % chg 9% y-y% chq 7%
Rec qPbt 25546 q-q % chg -10% y-y% chq 28%
Rec. qEps 29.56 q-q % chg -9% y-y% chq 23%
ttm-Eps 118.74 q-q % chg 5% y-y% chq 46%

Using VERY CONSERVATIVE ESTIMATES:
EPS GR 5%
Avg.H PE 14.32
Avg. L PE 12.30

Current price is at Middle 1/3 of valuation zone.
RISK: Upside 38% Downside 62%
One Year Appreciation Potential 4% Avg. yield 6%
Avg. Total Annual Potential Return (over next 5 years):  10%

CPE/SPE 1.14
P/NTA 5.86
SPE 13.31
Rational Pr 15.80


Decision: 
Already Owned: Buy Hold Sell Filed
Review (future acq): Filed
Discard: Filed
Guide: Valuation zones: Lower 1/3 Buy; Mid. 1/3 Maybe; Upper 1/3 Sell.

Aim:
To Buy a bargain: Buy at Lower 1/3 of Valuation Zone
To Minimise risk of Loss: Buy when risk is low i.e UPSIDE GAIN > 75% OR DOWNSIDE RISK <25%
To Double every 5 years: Seek for POTENTIAL RETURN of > 15%.
To Prevent Loss: Sell immediately when fundamentals deteriorate
To Maximise Gain: Sell and Replace when CPE/SPE > 1.5, when in Upper 1/3 of Valuation Zone & Returns < 15%/yr