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Up almost 150% on my watchlist

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Super Contributor

Re:Re:Up almost 150 on my watchlist

Speculation

Re:Re:Re:Up almost 150 on my watchlist

good results and what was a huge discount to NAV, now its a much smaller discount. prospects look good in the long-term and quite a few institutional investors(if you check their webpage)
Super Contributor

Re:Re:Re:Re:Up almost 150 on my watchlist

yes excellent results, but im worried about that PE! i think people might be buying into the mutual bank issue, thats the only reason i see for such moves. Still no one has answered my question of how the company crashed down from its previous highs...

Re:Re:Re:Re:Re:Up almost 150 on my watchlist

well if it earned 2c in 6 months, all things kept constant, it should earn around 4c in the year. so a PE of about 13 at the moment. not too bad, not to outstanding...
Super Contributor

Re:Re:Re:Re:Re:Re:Up almost 150 on my watchlist

which PE are you referring to as i am looking at the PE on the quotes page of FGL and it shows something like 23

Re:Re:Re:Re:Re:Re:Re:Up almost 150 on my watchlist

i think its because it is only factoring in the first 6 months earnings(2c). the full year has not been completed as yet
Highlighted
Contributor

Re:Up almost 150 on my watchlist

Does anyone know how far this is going?
Super Contributor

Re:Re:Up almost 150 on my watchlist

nope, not nobody ..
Simon
Contributor

Re:Up almost 150 on my watchlist

I knew somethin' was up @ 14c but then forgot about FGL. @ 36c thought I was too late.And now. AArgh, I don't know! Don't want the 18th of June 1time experience.

Re:Up almost 150 on my watchlist

1Time was in sy gat! FGL is not.