P/E ratios are more of a trailing indicator and if you're using them to forecast future value then you might as well throw some dice. It doesn't take much for a healthy P/E to turn bad which I thought by now people on BAL forum would understand.
I was incredibly tempted to buy in today but with 3 CAs and and some disappointing results coming up I think I'll wait for a more accurate P/E ratio to reveal itself. Hats off to those buying in, you got balls of steel.
- Forums
- ASX - By Stock
- BAL
- Large parcels being bought
Large parcels being bought, page-12
-
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BAL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online