Forum Home | Log in | Signup | My Page | Rules | FAQ | Boards | Members | Search
« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: There's One Missing Ingredient From The Market Rally 'Recipe'

By: monkeytrots in POPE IV | Recommend this post (0)
Sat, 18 Mar 17 12:53 AM | 68 view(s)
Boardmark this board | POPES NEW and Improved Real Board 		Msg. 22865 of 47202
(This msg. is a reply to 22862 by Zimbler0)
Jump:
Jump to board:
Jump to msg. #

Zim -you have made an important point today about the bottom line. Payment of dividends to the shareholders.
That number is one which can NOT be manipulated by the speculators. All the others - P/E, Book Value, etc. are all subject to being monkeyed with.

Good advice - let the prices collapse, look for good solid companies that pay reliable dividends, and pick them up.




Avatar

Finally, brethren, whatsoever things are true, whatsoever things are honest, whatsoever things are just, whatsoever things are pure, whatsoever things are lovely, whatsoever things are of good ...

» You can also:
- - - - -
The above is a reply to the following message:
Re: There's One Missing Ingredient From The Market Rally 'Recipe'
By: Zimbler0 in POPE IV
Fri, 17 Mar 17 11:54 PM 		Msg. 22862 of 47202

Nemo> PE od 10% was huge 5 years ago. NOW I saw a talking head a couple weeks ago saying PE 30/1 was acceptable haaaaaaaaaaaaaaaaaaaaa Wonder what that bitch got paid for that bullshit????????????


Nemo,
There is a LOT of 'depends' going on here.
I remember back in the late 1990's. Dominion Resources
had a nice low P/E ratio . . . then they sold off a
chunk called 'East Midlands' they owned over in England.
'D's P/E ratio went to the mid thirties . . . and I was
sweating it. After a while everything worked out and
things looked 'right' again.

Around 1999 Yahoo stock had a P/E ratio of over a Thousand.
I think most of us in here remember what happened to that
in year 2000.

Today?
I look at last Saturdays report.
Dominion Resources P/E = 22.
Campbells Soups P/E = 37.
Kimberly Clarke P/E = 22.4
Proctor and Gamble P/E = 17.

Yeah, some companies are overvalued,
Other companies look all right.

Just so you know, after the year 2000 collapse, while all those
dot.com companies share prices were dropping like anvils in a
Bugs Bunny cartoon, Dominion Resources share price
was steady climbing.

Zim.


« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next