mwekez@ji wrote:@Aguy, like @VVS has said. ..... also put into consideration that I&M is a growth stock with huge potential. Valuations could be adjusted upwards as info ticks in
True. But as of now we work with what we have which is a p/b of more than 2. This may come lower accordings to the bonds and real estate.
Caution on attaching a premium to a stock because of growth and potential. Because the growth expected if it occurs it is what will justify todays price. Ifand if the growth potential is the same in that future thats what will guarantee the price today, so its very risky to buy an over valued stock no matter how high the prospects. I wish i bought this at 200-300.
Now is to wish those on board God speed.
@vvs. Pliz never leave us behind again, regards proteges. Lol
The investor's chief problem - and even his worst enemy - is likely to be himself