A small company making 1+m a quarter, producing machines that typical Penang automation house can also make, commanding PE 23? You gotta be shitting me. Can their machines do something special other's cannot? Can they do 3d X-ray imaging like Vitrox' machines? Can they do multi-test systems like AEM machines? If there's nothing special about what they make, then PE 23 is stretched beyond reasonable.
The company listed in Aceboard regardless their sizes as long they are create value and growth to the shareholder. Of course they are not producing 3d X-ray imaging, simple only, if the company are not producing something that customer want or market need, why profit boost recently? Yes, PE can be used an indicator to judge the stock price but it may not be the best method to value a tech company. Cheers.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
soojinhou
869 posts
Posted by soojinhou > 2017-09-24 21:20 | Report Abuse
Uncle, pe 23 oledi lah.