Every stock pick is different. Different industry has different PE average. Besides that, even within the same industry, each company has different products and target market. Moreover, some companies has competitive edge and some has better profit margin. All this will be factored into the PE.
If you do not prefer Vitrox due to high PE which is unjustified, you may choose other counters. I do agree that the current PE is quite high but notice that the company revenue(eg:Quarter2) grows more than 30% than previous quarter in 2017.
So may want to use forward PE instead rolling 4 quarters PE(current PE) Then the PE would be much less.
VITROX is not for short term traders,but holding it every shareholder will earn big.If you want to shout buy shout sell everyday at here,just go away. (Not going to shoot anyone more unless they comment stupid things here)
i run 6.40, not 6.00. you really noob, need to repeat how many times? so little volume and price up so much, a noob can know this is to lure bodoh to set in the trap.
Why bother so much on volume and stock price? You must be a day trader? Most day traders don't do well. I know none of them are billionaires. But I got to know one person who invest for long term by read QR and AR, he sit top5 richest man in the world.
Spend more time looking at the company future projects and read the QR & AR , to make sure they delivers what they say.
Trading in share market is a psychological mind game, when somebody keep talking bad about a company, their intention is very simple. Do we really think these ppl are kind enough to remind us that the stock is expensive? Their intention is just wanna the price drop so that they can collect. But too bad, Vitrox is not a goreng stock, most buyers are value investors. The volume is very low because all the shares are held by the owner, and other value investor, ikan bilis traders are not much. These haters can keep shouting here, overvalue, expensive, the louder the noise, the happier I am. Lol.
200 lots, lol you wan falsely push up $10 also can. This stock basically finish !! Italy crisis will have huge damage to the global market !! Run now !!!!!!
You likely piss in your pants knowing US market crashed to week low. As trade war continue, US/China will have more conflict that drag entire global market to crash like year 98,08, now 18. Think of your family if this stock slump easily 80%.
better quite this counter and roll the profit in other that shows strong uptrend. That is how you enrich your portfolio compare to die die hold like dumb and dumber.
close at the lowest price of the day. This stock will soon drop below 8.00. Whole market is not in good shape, recession already started, just run before you lose out the hard earn profit !
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....
sincere_analyst
1,027 posts
Posted by sincere_analyst > 2018-09-21 09:56 | Report Abuse
All good counter shoot up except this. $8 coming? My foot !!