In Search For Profits

Wednesday, September 10, 2003


The Value Edge newsletter mentioned the leading manufacturer of lightweight bulletproof vests for infantry, DHB INDUSTRIES (AMEX:DHB). According to them, this $4 stock would be fairly valued at US$9.88 a share due to its 26% EPS growth forecasted for 2003. The company is expected to grow earnings 22.5% in the next 5 years. With war in Iraq, this expectation may be well justified.







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