Originally Posted by
BlackPeter
Just wondering - how much is a stock with a current (and big) loss due to management ineptness, a (3 year) forward PE of 23 vs a trailing (10 yr) PE of 20, no growth what so ever and a history of incompetent management and board decisions really worth?
Would a PE of 10 sound fair? I probably would think twice about that but 23? Really?
Just wondering what I am missing for not investing into this company? I guess even if they manage to magically replace over night not just all the dead wood in management but as well the inept and overpaid board - how long would the company need to work to at least be worth their current price?
What is the investment proposition?