SP1 0.00% $1.07 southern cross payments ltd

Share Price Forecast, page-5

  1. 1,886 Posts.
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    Hi @Transplant

    EPS - P/E and all the rest of the valuation metrics, have there place in an investors arsenal, to analyse how a company is going, compare it to other companies, and the industry sector that a company is trading in.

    The different valuation metrics identify opportunities for investors to buy, hold or sell a stock based on the numbers.

    As far as ISX is concerned, the current metrics are fine. It's standard for tech companies to have a high P/E in the early growth stages. It's all driven by investor excitement / sentiment. As long as the company delivers on it's guidences etc it's fine. As long as the revenue, is growing Q after Q it's all good.

    Even Amazon still has a P/E of around 200, Facebook 75, Tesla 1,688, etc

    It's pleasing to see the markets not worried about ISX growth potential, otherwise the sp wouldn't have held this trading range for so long. It's a credit to the company and the technology. It's easy to see what's going to happen based on the past 18 month's trading. As revenue grows, so will the sp from now on, it's a given. That is once we break the 1 million per Q revenue that the market has pre valued isx at the moment.

    Not long now before that 1 million per quarter revenue is smashed through.

    Cheers
    Tradealot
 
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