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$1.07 southern cross payments ltd

Flykk Money, page-897

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benny211167

1,224 Posts.

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24/07/24

18:45

Post #: 74899945
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Originally posted by gregbris: ↑

the current P/E if they had 1.1 billion shares would be about 14, sorry about the lower than 2.

the average fintec P/E is 37 in the SP500 - the highest I have seen was 800.
P/E ratio is based on future earnings expectations.
so if they are growing by over 100% PA (and they have been for a while and being cashflow positive then the P/E will be much higher than 37.

I will keep showing more facts the longer you keep posting negative speculations.

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I’m not being negative, quite the contrary. I’m suggesting a high P/E ratio should be ascribed to ISX Financial based on peer comparison. I don’t follow your logic.
So if we ascribe a P/E of the mean of Revolut and Adyen as I’ve stated it would be 94 x

SP1 Price at posting: $1.07 Sentiment: Hold Disclosure: Held
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