another way of seeing PE for cyclical sector is, when price is 4, eps is 0.08, PE is 50, but when eps is 0.16, price remains at 4, PE is now 25x, be cautious not to go in to buy ''cheap'' by that time..as PE is always recording from the past QRs.
Any stock got gooshen sell down quote sure go up. Any stock got goo shen buy call sure sell down. I think some big shark hate him. Time to buy the GooShen opposite index. Here i come MI.
The drop in the latest quarterly results is just a temporary setback. The sell down of the stock is unjustified and overdone. Just hold and be patient.
angiekay0091 :( 4.09 still holding.... Any idea what's going on? Hold till next QR? 11/12/2020 11:11 AM
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....
GorengHealthcare
1,314 posts
Posted by GorengHealthcare > 2020-11-05 12:05 | Report Abuse
mi 4.40 gogogo