When you customer acquired by other company. There will massive re-structure, see whether they prefer to purchase from you. It might take two/three quarter to confirm the profit.
To value a stock, using PE alone is totally insufficient, you need more parameters like ROE, PEG, FCF..etc , just look at TENCENT which is listed in HK, its trading PE is always above 50 since 2004 when it was first listed at a price of about HKD 3.70, but now it is trading at about HKD 210x5= HKD 1050... if you had invested HKD 100,000 in it in 2004, now it is worth about HKD 27 millions excluding dividens receipt over last 12 years.
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....
goreng_kaki
1,909 posts
Posted by goreng_kaki > 2016-10-26 13:52 | Report Abuse
see u 2.50