Originally Posted by
Beagle
SP has more than tripled since $1.80 three years ago and is still trading above mid December 2017 values. Starting to wonder if this with its fairly high PE is a little vulnerable to a possible PE contraction ? Good company with sound long term growth prospects.
If the market turns bearish...people don't have to have expensive overseas campervan holidays do they so not only the PE that could be a little vulnerable but the E could be as well. At this point I have a preference for companies that focus on people's needs not what's on their bucket list. Hope I'm wrong and the market does okay.