ITC 0.00% 8.2¢ impress energy limited

back of the envelope, page-5

  1. 3,298 Posts.
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    Mikayla,
    Using P/E ratios is a totally floored model on resource stocks. Resources have a finite life so need to use DCF method. Remember it is absolutely silly to aplly say a PE of 17 if resource life is only say another 7 years.
    Regards
    Buffett
    PS I also hold the stock, but not because of PE valuations.
 
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