BLY boart longyear group ltd

absolutely pathetic, page-41

  1. 2,032 Posts.
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    RedNinja,

    Boart made 16c a share in 2008. So the old price of $2 represents a PE of 12.5. How was it overpriced when most other stocks are on PE upwards of 15?

    If you say $2 IS overpriced for the 2009 earning, then I would agreed, but for 2008 earning it was not.
 
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