Medibank Prospectus Details, page-133

  1. 619 Posts.
    high demand for shares that they dont even know the price! could be at top end, labelled as "expensive" "overvalued" by many respect commentators

    20 p/e for a company not growing profits. expense ratios cut for 3 years running, but nothing added to profits! claims expenses, fat chance of reducing , with an ageing population!

    risky strategy!

    when demand is so great for shares that are so overvalued, i am confident the market is so toppy the fat lady is singing already.

    in 2 months, this issue will be totally forgotten, and just another stale long to the portfolio.
    Last edited by nih123: 22/10/14
 
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