Why is COL on a PE of 28, is it a "growing" business?
Apologies to holders but this signifies to me that currently COL is significantly overvalued.
Even if it dropped half to a PE of 14 it still technically isn't cheap but would be fairly priced in my opinion.
Therefore as crazy as this sounds I think true value is around $6 which would be a PE of 14 I believe.
I wouldn't touch this with your money unless it's for a short term trade of swings which is fine.
GLTAH
Why is COL on a PE of 28, is it a "growing" business?Apologies...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add COL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.16 |
Change
0.100(0.55%) |
Mkt cap ! $24.33B | |||
| Open | High | Low | Value | Volume |
| $18.06 | $18.22 | $18.04 | $33.63M | 1.853M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 574 | $18.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.16 | 6254 | 4 |
View Market Depth
| Last trade - 16.10pm 01/10/2024 (20 minute delay) ? |
| COL (ASX) Chart |