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Online Share Trading

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Staggering how much people are prepared to pay for this share

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Not applicable
Not that I am complaining, mind you - I am a share holder. But at these prices, I am seriously tempted to offload. I mean, a PE of 26? That is a lot of growth factored in!
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5 REPLIES 5
SimonPB
Valued Contributor
today's HEPS increase takes that PE below 20ish
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surfer
Regular Contributor
Reminds me a bit of Apple shares.Just one line upwards for so long,who had the guts to short when Steve jobs was around.If you shorted day he died you would have done well.So what I am saying is that CML are good (we know that)but they cannot continue to grow AUM at the rate we have seen in the last 5 years and can they keep their feet on the ground.When and if markets turn ,I believe the share price could come off but I am not willing to try predict when and if
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SimonPB
Valued Contributor
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surfer
Regular Contributor
haha nobody particular (maybe the bull market)...if want to get technical using my analogy but my point is rather their share performance reminds me of apple where they just could do no wrong
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partridge
Super Contributor
Surfer is right. The fact is that no- one 's star continues to rise uninteruptedly - like theirs - and I expect to see their earnings moderate over the year ahead. So if the price is right one can pay the price at the time. either way : get on the bus when it stops if the price is right - or sell when it is overpriced.
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