Forum Archive Index - March 2000

Please note usage of the Forum is subject to the Terms & Conditions.

Re: [sharechat] INL

From:	"John Stockley" <HOMEWARE@xtra.co.nz>
Date:	Mon, 20 Mar 2000 11:45:20 +1200

Frank,

Thanks for that excellent research on INL, I only wish I could send the time to research investments like that.

(I should since its my money I'm investing.)

However I would appreciate your comments on the following:

a) The share split does not change the fundamentals of the company, therefore the p/e ratio remains at 44.26.

b) Speculation on the share price aside, a p/e thats so high means the company is well priced if not overpriced.

c) By my calculations the company's earnings need to grow at a rate in excess of 30% per year, to give a reasonable return on funds invested.

I would value your comments

Thanks,

John

References

Messages by Date [	Next by Date:	Re: [sharechat]IndraNet neil.selman
	Previous by Date:	[sharechat] INL - in @3.30 Osbert Sun ]
Messages by Thread [	Next by Thread:	[sharechat] And TTP below 20cents n/c Tony Haddon
	Previous by Thread:	[sharechat] INL - in @3.30 Osbert Sun ]
Post to the Forum [	New message	Reply to this message ]