CMC china magnesium corporation limited
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I would have thought that a PE of 5 may be a bit conservative,...

  1. jaydee74
    1,987 Posts.
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    13/04/11
    10:40
    Post #: 8258078
    I would have thought that a PE of 5 may be a bit conservative, given that they will be incrementally upgrading to 105,000tpa over the next 3 years.

    A PE5 would see the price double within the next 6 months or so, ... which Ill take. Personally I'm slightly more bullish than that.

    Would be interesting to hear anyone else's thoughts/experience of P/E's in related sectors/co's.
    CMC Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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