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22-05-2020, 11:56 AM
#3501
Originally Posted by Beginnerguy
Could be profit-takers, non-believers. I did expect it to come off at some point. Down almost 20% from highs of 1.06 recently. Can't see it going below 80c IMHO. The chart implies 86c is support if the current uptrend continues.
Remember the CEO said they'd make a forecast in a few weeks, which, based off the comments in the annual report and subsequent media it should be good.
I get a bit nervous when I read about "believers" and "non-believers". It sounds too close to "being in love " with a stock, which some very successful investors warn against, from time to time!
Disc: Following but not holding.
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22-05-2020, 01:59 PM
#3502
Member
Originally Posted by Checkmate
I believe it is just the general market bringing them down. Also Shareclarity has a DCF valuation of 53Cents... it is posted on the Plexure Ticker for all Direct Broking clients to see when they check the price too...
53cents = about 74million market value minus about 14m cash on hand = 60million divide by 1 million profit = 60 P/E Emmm Fair enough.
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22-05-2020, 02:54 PM
#3503
Originally Posted by Justin
53cents = about 74million market value minus about 14m cash on hand = 60million divide by 1 million profit = 60 P/E Emmm Fair enough.
Might wanna try using a different kind of ratio than price to earnings mate. Any good analyst will tell you that price to earnings ratio is not so viable for a “growth” company.
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22-05-2020, 03:55 PM
#3504
Member
Originally Posted by Checkmate
Might wanna try using a different kind of ratio than price to earnings mate. Any good analyst will tell you that price to earnings ratio is not so viable for a “growth” company.
Maybe there are no accurate way, all about believe, in plexus we trust , haha
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22-05-2020, 04:16 PM
#3505
Originally Posted by Justin
Maybe there are no accurate way, all about believe, in plexus we trust , haha
It’s the power of a story drives corporate value, adding substance to numbers and persuading even cautious investors to take risks.
Plexus obviously has a story.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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22-05-2020, 04:17 PM
#3506
Originally Posted by Justin
53cents = about 74million market value minus about 14m cash on hand = 60million divide by 1 million profit = 60 P/E Emmm Fair enough.
You need a different yard stick for SaaS companies. Lots of good resources out there to measure SaaS companies worth.
If you were using only PE, then Xero should be worth what? $80 SP / 0.01 earnings per share? 8000?
Last edited by blobbles; 22-05-2020 at 04:23 PM.
Reason: Wrong ratio!
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22-05-2020, 04:23 PM
#3507
Member
I'm moving some money from PPH to PLX.
At 4 and a bit times revenue, plus cash, for profitable company having healthy growth, I think it's a better buy.
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22-05-2020, 04:28 PM
#3508
Craig is planning something big.. people. Be patient n should be paid off.
Follow the money....Master Winner is here....what could go wrong?
Made good money followed Master winner ...
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22-05-2020, 04:34 PM
#3509
Member
Originally Posted by Checkmate
Might wanna try using a different kind of ratio than price to earnings mate. Any good analyst will tell you that price to earnings ratio is not so viable for a “growth” company.
Originally Posted by blobbles
You need a different yard stick for SaaS companies. Lots of good resources out there to measure SaaS companies worth.
If you were using only PE, then Xero should be worth what? $80 SP / 0.01 earnings per share? 8000?
I don’t think plx can compare with xero ,just like you don’t think plx can compare with pph, and 0.53 not from me actually from Shareclarity.
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23-05-2020, 06:51 AM
#3510
Originally Posted by Checkmate
I believe it is just the general market bringing them down. Also Shareclarity has a DCF valuation of 53Cents... it is posted on the Plexure Ticker for all Direct Broking clients to see when they check the price too...
Applying DCF to Plexure at this stage is total nonsense. Future cash flow prediction will be influenced by the bias of person doing the prediction. DCF is only useful when a company has a history of cash flow either stable declining or increasing. Even with reliable data the result will still be effected by the judgement or bias of the analyst.
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