Some stats about Facebook which is enjoying the mobile bull. # MC over $120bn. # Testing all time high of $51.60. # EPS USD0.24. # PE 210....That is two hundred and ten...not 10. # Dividend ...Nil. # Today's gain of 3% adds USD3.5bn to its MC. I am not saying that we have anything remotely similar to Facebook...just saying this bull is alive & well. Our mobile "fleet" have healthier numbers compared to Facebook ,but we are demanding from them to have a PE of 10....otherwise they are not worthy investment.
