SKO - Serko.com

[Balance]

Nonsense.

Share price is always underlying value plus hype. Hype can be a big number and it can be positive or negative. Just looking at the SP does not allow you to identify the hype component - it would have been not very clever to buy into PEB or WYN while the price was high - but obviously for some other stocks (like MFT or FPH) a high and constantly rising price seems to reflect the underlying value.

A high share price is no reason at all to buy a share - but, if the underlying value is better than the SP, than it obviously shouldn't be an obstacle either.

Whether Serko is cheap or dear is nothing you can read from the share price ... other than that the market seems to think at this stage that it is worthwhile buying. Sometimes the market is right and sometimes it is wrong. Just remember - this is the same market which was happy to pay at some stage $ 4 for TRA, $2 for WYN, $1.60 for PEB or $20.0000 for Bitcoin.

And you seriously consider investing in Bitcoin, PEB, Wynyard & TRA in the same league as investing in AIA, EBO, SKO, DIL, MFT, XRO, ATM?

Stunning!

Enuf said!