BLY
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0.00% $2.91 boart longyear group ltd

overpriced

  1. bullishamateur
    17 Posts.
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    21/12/09
    18:49
    Post #: 6070755

    i sold this dog today and bought bkn.

    bly trading on a current p/e of 34x and 2010 p/e of 18x.

    bradken is on a 2010 p/e of 10x according to comsec.

    can someone explain why this dog has a market cap of $1.5bn when it has negligible earnings???



    BLY Price at posting: $3.35 Sentiment: ST Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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