LGL lynch group holdings limited
Add to My Watchlist 0.00% ! $1.75

p/e : 32, why would ncm pay any more ?

  1. dogby
    2,632 Posts.
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    02/04/10
    09:30
    Post #: 6528788
    The P/E ratio for LGL is currently 32.96 according to Etrade. Bloomberg lists LGL's P/E ratio as 24 and its P/EDITDA as 18
    http://www.bloomberg.com/apps/news?pid=20601080&sid=aDuMxNLKs1bQ

    Have to somewhat agree with the CEO of NCM. This is a full and fair offer. Why would they pay more ?

    Or to put it another way ... will they automatically make a higher offer ?
    LGL Price at posting: $4.04 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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