My previous comments were that PLX is having to spend up BIG to support the McD contract. Results show that to be the case.
But hi, as I wrote a few days ago - there's every reason to be very happy with the markets at present!
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sell the news event by the looks at this early stage
Can not blame them..a lot of them got cought at $1 ish since the crash..give it couple days ...
Let traders do what they intend to do, take short term profits....
im doubt in compare with pph current pe 75 and plx pe 130-140,still worth to buy?
All this talk of PE isn't really applicable to a growth company. Earnings are used direction to grow the company... https://www.investopedia.com/article...s-pe-ratio.asp
I’ll be honest I sold at above $1 again . I topped up at 0.39 and above during the coronovirus dip so wanted to actualise my profits and not be greedy.
Still on my watchlist and I’m still bullish long term on plexure but everyone has different strategies so it didn’t make sense for me to not exit