@EPS wrote:Why 280 barrier.
Look food sector ceylon cold stores (CCS). Currently their annualized EPS is arround 24 and trading at 15x PER with arrive to Share price Rs.360 plus.
So, i guess BFL as a company, now reached its strong peak and in comming year it can trade above 15x PER.
earlier in 2011 BFL has traded in above 18 PER.
I strongly belive, BFL will produce above 30 EPS for current financial year and possible to trade 30 EPS X 15x PER with above Rs.450/.
Your argument is valid and I am too holding my quantities and still buying...