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4,593 Posts.
294
01/07/09
11:24
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Stoplosses
I agree that it looks like a bargain
But......
PEs can be very misleading unless you are working off future years sustainable earnings.
Their revenues look very "lumpy" and who is to say that what happens this year will be repeated/exceeded next year(s).
I'm not negative on this at all by the way just puzzled and not confident enough to jump in right now.
Maybe someone could persuade me. Come on ETC rampers!
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