bruutz82 can't agree more. As I keep telling my son, its not so much about the drop in profits by a 1/3, it is more about the drop in share price by 2/3. Basic arithmetic suggests the sell off was overdone by 1/3, hence should double in 12 months time if earnings have stabilised at these low levels.
Potential Buying opportunity or any dodgey IPO, page-13
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