PEM perilya limited
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PEM was on a PE of 5.62it's PEG was .13 probably one of the...

  1. kennethgalbraith
    14,217 Posts.
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    27/01/09
    18:27
    Post #: 4731763
    PEM was on a PE of 5.62

    it's PEG was .13 probably one of the lowest

    the return on equity was 61.1% the second highest on the list behind IGO and just in front of ZFX

    Price = $4.50 or so

    Now look at it....

    15 cents

    I wonder what we can take away from this

    "never buy resource stocks on low multiples"

    PEM Price at posting: 15.8¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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