LATEXX

Date announced 6/8/2010
Quarter 30/6/2010 Qtr 2
FYE 21/12/2010

STOCK LATEXX
C0DE 7064

Price $ 3.11
Curr. PE (ttm-Eps) 8.38
Curr. DY 0.64%

Rec. qRev 134483 q-q % chg 7% y-y% chq 81%
Rec qPbt 24115 q-q % chg 4% y-y% chq 111%
Rec. qEps 10.39 q-q % chg -1% y-y% chq 77%
ttm-Eps 37.10 q-q % chg 14% y-y% chq 113%

Using VERY CONSERVATIVE ESTIMATES:
EPS GR 5%
Avg.H PE 8.00
Avg. L PE 6.00

Forecast High Pr 3.79
Forecast Low Pr 2.37
Recent Severe Low Pr 2.37
Current price is at Middle 1/3 of valuation zone.

RISK: Upside 48% Downside 52%
One Year Appreciation Potential 4% Avg. yield 1% Avg.
Total Annual Potential Return (over next 5 years):     5%

CPE/SPE 1.20
P/NTA 2.99
NTA 1.04
SPE 7.00
Rational Pr 2.60


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%/yr.
To Prevent Loss:   Sell immediately when fundamentals deteriorate
To Maximise Gain & Reduce Loss:    Sell when CPE/SPE > 1.5, when in Upper 1/3 of Valuation Zone & Returns < 15%/yr