FGE 0.00% 91.5¢ forge group limited

engineer with pe of 3 and 11.6% divs due soon, page-82

  1. 7,370 Posts.
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    Azg is on a ridiculously low PE at present.

    Just need to avoid the dog stocks who don't survive these head winds. Such as VMG or NMS from last time. MCE looks in trouble now.

    Good companies should be fine, since 2008 when PEs of 3 were around we have seen a large expansion phase and ramp up of ore projects. Is it going to be that this time the flood on the market will really meet demand for the next 5years though? Need a china stimulus again.
 
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