Quote:
Originally Posted by UKVixens
Well this is a first Dvtimes and Facebook on a par, both full of shit. That valuation is mentally insane, $4BN turnover and a $1BN profit, so that's 100 times earnings on a 25% margin, which seems a pretty good margin, double the margin and it's still 50 times earnings which is still mental. Nah I'm putting everything into Lonhro
http://www.lse.co.uk/SharePrice.asp?...R&share=LONRHO |
Exactly, you must be an idiot to buy so overpriced stock. On the other hand those people who bought have money and if they have money at least some of them are not idiots. So this gets a little bit confusing.
