Kubang
Celebrity Bewarse Username: Kubang
Post Number: 35402 Registered: 09-2011 Posted From: 161.141.1.1
Rating: N/A Votes: 0 | Posted on Thursday, June 15, 2017 - 1:53 pm: | |
They have revised down the earnings estimate which caused this sell off. based on their current earnings and projected earnings there is no growth! why do you want to buy a stock with no growth (by their own admission) and pay almost 15 p/e multiple? honestly I don't know the fundamentals of this company. I think this sector very competitive and profit margins are thin. if you think this sell off is too much and hoping for a quick rebound then it's a different story. I have no view on short term movements. Ignorance is bliss
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