BRZ brazin limited

munchwith all due respects mate - stop deluding yourself with...

  1. 10,373 Posts.
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    munch

    with all due respects mate - stop deluding yourself with justifying a purchase on the basis of a PE

    you are making a very basic mistake of annualising the BRZ performance.

    you state BRZ are trading at single figure PE ratio - true, 12 mths basis is single figure plus. last 6 mths is minus PE.

    so, take this six mths and the next six mth guestimate and you have BRZ trading at a negative PE .

    forget BRZ for the time being Munch - any company that goes from making $18mio in one six mth period, to losing $10mio in the next six mths has got serious problems.

    no amount of playing on numbers can remove the fact that BRZ is in a tailspin.

    AVOID AT ALL COSTS

 
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