BLY 0.00% $2.91 boart longyear group ltd

BD Tigers, Bell Potter's valuation is what they think the stock...

  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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