Australia's largest stock trading and investment forum Australia's #1 stock forum

MGG

Click for more information

1.70%

$1.79 mogul games group ltd

Apple PE ratio 18. Hardly extreme.

First 30 Last

Share
Profile

Follow
woollydog

2,072 Posts.

19

29/03/18

09:07

Post #: 32106916
Share

Originally posted by dinero ↑

20% is a big weighting for businesses where the business model seems to be covertly accumulating private data and abusing it for profit.

Regulation is on the way. They have clearly demonstrated that self regulation does not work.

And these businesses are still trading on extreme multiples that imply no regulation and endless profit growth.

The game is up for them and they will rerate over time to more normal multiples.

Expand

Apple PE ratio 18.
Hardly extreme.

MGG Price at posting: $1.47 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

AXP

Tambourah chases gold veins and mineralisation extension with drilling

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

There are more pages in this discussion • 10 more messages in this thread...

First 30 Last

Add MGG (ASX) to my watchlist

SPONSORED BY