RE:My EPS estimates are done on the conservative sideTaking John's lowest eps estimate of $1.68 from his overall range of $1.68-$1.80, times
a factor of 15 we have
$1.68 X 15= $25.20
That is similar to analysts consensus for the full year. I would call that quite satisfactory
for this year. Now if they could increase the dividend on top of that, its would be quite a win
win for shareholders. and a nice price level to work its way higher from there. I still expect
the trend upwards to be very choppy and there will be lots of ups and down days along the
way. Lets face it, there are still lot of holders waiting to get their money back so for a
trader, there will be lots of opportunity and for holders who are in it for the dividend increases
and capital appreciation, a very decent stock to hold IMO.