or the Hong Kong stock exchange. Instead of the ASX
What would it price be?
current P/E of the Shanghai stock market is 16.87
http://siblisresearch.com/data/china-shanghai-pe-cape-ratio/
current P/E of the Hang Seng is 14.67
http://siblisresearch.com/data/hang-seng-cape/
i spoke to a colleague today, he'd seen people wearing XPD boot. Not the most popular brand in china, but it is recognisable.
He was amaze when i told him, XPD is currently trading at P/E of less than 1.5 in Australia.. he wish he could transfer some cash out to oz, and scoop up the XPD shares.
he reckon, had XPD listed on a Chinese stock market, it price would have been around P/E 10x at least, base on current financial standing.
maybe XPD should delist from ASX and transfer to SSE or HKEX
or the Hong Kong stock exchange. Instead of the ASX What would...
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