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0.00% $7.79 aconex limited

PE to high??

  1. radiant321
    1,799 Posts.
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    28/06/16
    11:17
    Post #: 18139311
    This had to happen, ridiculously overinflated PEs get hammered in times of uncertainty. Infrastructure spending is going to be massively paired back. Their recent German acquisition will have to be written off. No wonder the founding partners sold out at $5, they could see how ridiculously overhyped it was. This is headed below $6 and closer to fair value
    ACX Price at posting: $6.55 Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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