not disagree but thinking is that since rallied hard could come off abit and able to reenter at better price but imo 2 options
1. wait to over 11.50 and held then place stop and let it run or
2. sell portion and then if plays out buyback at lower if continues to rally then buy back higher w/out to much damage
but yes youre right all analyst do is tell you the PE looks high so be careful - and then give a tactical idea to move the market in line with their directional call. Thats the MS way anyway
What is key on this one is future growth cming from Asia esp China so if we see China economics improve or atificially stimulated blah blah blah this name should be looking good over med to long term barring and screw ups.
No point comparing PE to dominoes as dmp was flavour of the month and has proven growth proposition which TWE is not quite there yet albeit underway and in my view looking good.
TWE Price at posting:
$11.21 Sentiment: Hold Disclosure: Held
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