So if you were to invest in a company and were keen to buy, a purchase at 6x the earnings wouldn’t be appealing to you? Seems a bit strange to have that thought IMO.
Personally to purchase it less than what it’s worth & at only a ratio of 6x the earnings is a good buy.
what would you have preferred?
TNT Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held