Yes cha TNE has been good, I'm having a DEJA VU moment with this stock, in that I think I might have canned it earlier this year based on the falling GRT for the last 6 months of 2018
So sorry 64 if I did, but do we need to keep a watch now based on a rising PE ??
See further below for an explanation of the numbers in the grey panel on the right-hand side of my chart
FundamentalExplanation....EY (earnings yield) and DY (dividend yield) I like to see DY at about half or even less that of EY as a higher EY tells me the company can keep paying out its dividend from its actual earnings rather than from other not so friendly shareholder ways….DS (dividend safety) needs to be 50 or higher…..DG (forecasted annualised dividend growth in % terms) I like DG to be at least 7% or higher, this tells me that the dividend should easily be maintained and is even likely to grow over time......RV/ RS/ RT and CI ideally need to be at 1.00 or higher...but RS and RV are more important fundamentally...so, for strong fundamentals RS absolutely needs to above 1.00....RT is simply a Buy/ Sell signal, generally, when RT is above 1.00 that is good and when below 1.00 not so good.....GRT (forecasted annualised growth in % terms) I like to see this at around 8% or higher.....GPE (growth to PE) or PEG in Australia...a number greater than 1.00 generally means the company is considered undervalued…..EPS (earnings per share) this is a leading 12-month earnings per share forecast... the higher the better and/ or "trending higher" is best….PE (price to earnings ratio) shows the number of dollars required by the company to buy $1 of earnings, so a lower PE is better and certainly a PE that is steady and/ or consistent in nature or trending downwards is best….…