Interesting comment from your broker. AFG has a proposed PER of...

Interesting comment from your broker. AFG has a proposed PER of 14.4 for 2015 at the IPO price of $1.20 ( Mind you IPO's of Firms at the Bottom most price of the range usually never do well as the range was $1.20 to $1.40 I think but priced the IPO at 1.20 ) and Mortgage Choice
( MOC ) has a PER of 15.2 for 2015 and Pepper is going into the IPO with a price of $2.60 and with a PE of 10 after recording 25% + growth in the last few years. Numbers usually don't lie I believe.