BLY 0.00% $2.91 boart longyear group ltd

target price, page-5

  1. 1,098 Posts.
    BD Tigers, Bell Potter's valuation is what they think the stock will be worth in 12 months - which is a pretty risky exercise these days.

    That said, we know BLY has been undersold, and that $0.20 doesn't reflect the value of the stock. Their valuation was $1.2 before the BLY update, and based on the uncertainty BLY has added in their prediction it has come down to $.80.

    I also agree with fss - it is very hard to apply standard ratios or fundamental analysis in times like this as they are meaningless.

    I don't know what the current P/E ratio is but I would think buying some, or averaging down, is fairly safe on a long term basis - which is what I did as I have kept the ones I bought at listing time ($1.85).

 
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