« 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: capt_nemo in POPE IV | Recommend this post (3)
Sat, 18 Mar 17 7:09 AM | 61 view(s)
Boardmark this board | POPES NEW and Improved Real Board
Msg. 22880 of 47202
(This msg. is a reply to 22859 by Zimbler0)

Jump:
Jump to board:
Jump to msg. #

P/E = price to earnings!!!!! 30 means they think they are worth 30 times earnings...........Lil rich if ya ask me........... Mr. Green




Avatar

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


- - - - -
View Replies (1) »



» 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 11:29 PM
Msg. 22859 of 47202

MT> That said - even a 30:1 P:E earnings ratio means a company earns 3x-10x to what we can get in interest from banks.


I'm not so sure that a P/E ratio of 30 means a company
is earning '3x to 10x' more than what one can get in
interest from banks . . . P/E can be manipulated.

With that said, back around 2001 I was looking at
banks paying maybe a half percent interest . . .
Versus HNZ paying a bit over three percent. It was a
no brainer - put my money into Heinz and make some
six times what the bank was offering.

Zim.


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