sharetrader
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  1. #11
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,494

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    Quote Originally Posted by ENP View Post
    But it is a very expensive stock. Trading at 23 times earnings.

    I've wanted to buy RHC for a few years but it has always looked ridiculously expensive.

    It funny how the brokerage houses rate it at 18 dollars but the price just keeps on rising, who are they trying to kid?
    Probably the same people trying to convice us all that the fonterra shares were only worth 4.50

    Having said that , they do look fully priced (for now)
    Last edited by ratkin; 02-12-2012 at 04:18 PM.

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