Where do they say drilling has peaked???
My understanding is that they said the rate of growth will slow. ie drilling will still increase, but not as fast as in the past.
For BLY my interpretation is that instead of being on a pe of 5 this FY, they will be on a pe of 6 this year, 5 next year.
I dont need alot of grow to justify buying a stock on a pe of 6, so I will only buy at these prices.
Where do they say drilling has peaked???My understanding is that...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)