ALU 0.00% $68.33 altium limited

ALU's Trailing PE = 70, page-12

  1. zwu
    2,452 Posts.
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    Quote -
    "Just saying based on that growth rate, and paying that price, after 10 years you would only make 5% PA in gains.
    "If the PE currently was 20, the annual return would be much larger, 15%-20% per year."

    I understand now that what you were saying was that, at the present growth rate, the present price is too high to support any return over 5% p.a. in the next 10 years, and if you want a higher return of 15%-20%, the PE has be reduced to 20.

    I think you are really telling the truth.

    Congratulations!

    Thank you.
    Last edited by zwu: 26/02/18
 
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