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Just a thought..

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Vish_1
Contributor
The latest sense announcement has revealed a marked increase in sales for TASTE. I'm I the only one of the opinion that this does not necessarily extrapolate to a matching increase in earnings for that manner. This stock is trading at a div yield of 0.89%, earning yield of 3.07% and P/E of 32. They have alluded in the SENS that there were expenses incurred in the setting up of the integration of the food service division. Surely this will impact the bottom line earnings. Is Taste overvalued at present or can they really match this stock price growth with proper earnings?? Surely there has to be a correction at some point?? Just a thought..any views??
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2 REPLIES 2
Rams
Super Contributor
best to move on to another share if you need to do so much thinking?
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Vish_1
Contributor
I'm not invested in TASTE at present.. Accessing the stock to find the right entry point for an investment..not a trade..! Fundamentals have to be solid..
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