Charles Gregory on Sky Business News for Silver Chef Limited

[MrTomSpring]

This guy is a crook and shouldn't be allowed to be in business.



[60moo]

I'm estimating earnings closer to 30cents per share for FY2010. In spite of the CEO's preference to take on futher bank debt to fund growth, prudence dictates that there will be some form of equity or quasi-equity raising over the next 12 months.

Given the company is run by an experienced, competent and honest team, with very strong growth prospects, a high payout ratio and a share price still trading at single digit multiples, shareholders could well be in for a bonanza.

[cegceg123123]

@60moo Thanks for your positive comments. We are maintaining our guidance at 28c. Keep in mind the 1h results were bolstered by the Capital goods tax allowance.

Results out week starting 16th August.

With the recently announced CBA facility we are maintaining our preference for wholesale bank debt - its the least expesive funding and in the existing share holders best interests.

Thanks again for your support. Regards Charles Regards Charles