yes you identified it, expected slowdown, so if expected slowdown, then that implies peak earnings have occurred. If peak earnings, then PE won't be 7.4!!!
Called a PE trap, because using historical earnings, when future earnings will be lower.
I am still on the sidelines, another 10% drop and I can start looking at this share.
yes you identified it, expected slowdown, so if expected...
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Last
$13.31 |
Change
-0.100(0.75%) |
Mkt cap ! $1.134B | |||
| Open | High | Low | Value | Volume |
| $13.34 | $13.48 | $13.25 | $7.816M | 585.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1616 | $13.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.31 | 3343 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| NCK (ASX) Chart |