hong2 166.....when you assume full conversion of warrants, then you must also assume the additional earnings to be derived from the proceeds of the warrants exercise..... the proceeds will be used for business growth and expansion..... meaning additional profits. Otherwise it's a one-sided calculation.
817065 , yes , I never deny this stock still can grow . However , it is quite expensive at current price when it’s pe is more than 50. 50x pe means the company need to growth more than 50% every year . There are some company is trading at this pe range like QL and yet its earning does not grow at 50% . TOPGLOV is trading at pe of 35x and its earning growth is only 10++ % . So , it is up to the confidence level of the investors towards to the company . I would say revenue is trading at a premium
Ikan bilis cashing out, big boss who invest in havent cash out, usually those have insider news , later cimb ambank alliance rhb mbsb bank join in how ah ?
Yu_and_Mee. PE is not the relevant measure. PEG ratio is the relevant measure. There are many stocks with PE below 5 and they all remain down for years and years. And China stocks listed here all have very low PE..... they are the worst performers. PEG ratio is relevant, not PE ratio.
cytew, you also got the point.That's why the market accords certain companies high PEs and certain companies low PEs. Earnings growth is one key factor, that's why the PEG calculation was introduced as a more reflective indicator than the traditional PER.The market is very efficient, not stupid. Nobody wants to pay a high price for nothing.
i somehow agreed about the view of PE but now market seems to be slightly U-turn. Otherwise, high PE will be at higher risk. but the trend is downward, don't the risk is higher unless break the downtrend line or wait for higher low to enter?
Yu_and_Mee. Trend analysis is a totally different subject from PE and PEG ratio. For trend analysis, buy when the price trend seems to hit a floor and rebound......
The whole downtrend we witnessed recently was a fake one. That was to flush out short term momentum traders trying to bank on the concluded bonus issue of warrants.
Now, read the TA analysis below which was based on the most recent trend reversal
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....
UnicornP
2,849 posts
Posted by UnicornP > 2019-01-29 16:09 | Report Abuse
Maybe 1.08 bottom?