muki

2 Comments

    • ON: Tue Apr 29th 05:39 AM
      Commented on:
      Tele Norte: Grossly Undervalued Global Telecom Gem
      I didn't expect such a big drop either. Looking at the PE alone, it really looked like a bargain, but this merger and talk about new shares just made this measure less useful. What I am worried most is that, apart from the high initial cost, the new aquisition will bring also additional costs with little and shrinking revenue. BRP has fixed lines, public phones, etc., which are mostly things of the past and expensive to maintain. Added some below $23 but still feel further drop is likely and the future of this elephant in a cage with tigers uncertain. Does anyone know their plans with the fixed lines and why they were willing to pay so much? Megalomania?
      View article »
    • ON: Sun Apr 27th 15:36 PM
      Commented on:
      Stock Market Overvaluation and the Passive Investor
      Have you noticed the behavior of 'q' over past 5 years? As the stock market climbed a little, this measure went down, i.e. became more favorable. This is too short a time period for any reasonable statistics, but it leaves me unconvinced about its usefulness. If you actually waited for this q to come down, you've already lost a good part of the gains, and if you wait longer, you are likely to lose even more. As someone here has already suggested, there is no point in waiting for these valuations to go down. They can stay above your entry point almost indefinitely.
      View article »
Loading...
Symbols:
Authors:
Quick Links:
Contribute an Article Become a Seeking Alpha Contributor

Transcripts

More Transcripts»