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Online Share Trading

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METOREX??

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hobo
Contributor
Can someone explain why Metorex is rated a Buy+ with a pe ratio of 29
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3 REPLIES 3
john_1
Super Contributor
Do yourself a favour, never read those recomendations. They are given by the PRO'S if you trusted them in the first place you would be buying unit trust not investing on your own account.
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Blik
Super Contributor
I guess its rated as a buy + because of the forward PE - but then earnings will have to be super good and copper prices remain high. But thats the realm of prediction, and I wouldnt go too far down that road.
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SimonPB
Valued Contributor
a 29 PE is not a killer if the company has strong growth potential.
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