ISDN -- why rise so fast?

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10 years 11 months ago - 10 years 11 months ago #13956 by Val
Replied by Val on topic ISDN -- why rise so fast?
ISDN has just reported S$1.06 m net profit for 1st quarter 2013. It's down 55%.

On annualised basis, it's $4+m. Yet the market cap now is $264 m which is equals to 66X PE.

Based on FY12 eps, the PE is 43 X.

Why ?
Last edit: 10 years 11 months ago by Val.

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10 years 10 months ago #14464 by Val
Replied by Val on topic ISDN -- why rise so fast?
Down only 24.5 cents to close at $1.095.
PE ? 60 X.

Careful Careful :P

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10 years 5 months ago #17189 by Rich
Replied by Rich on topic ISDN -- why rise so fast?
Bros and sisters, glad we didn't fall for the trap! Now only 58.5 cents.

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10 years 5 months ago #17249 by Oceangrace
Not giving up yet.... Let the saga settle and if the business goes well and all other ventures in question takes form physically, we should see recovery ;)

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10 years 5 months ago #17266 by Rich
Replied by Rich on topic ISDN -- why rise so fast?
@ 58 cents, the ttm PE is about 28 X. It's a lot lower than before but... why do you luv this stock at this PE value? :blink:

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10 years 5 months ago #17269 by Oceangrace
It may sound illogical but I have the hunch its a gem. Its just sentimental moment that all pennies kena whacked. 2014 will be interesting if the plans go ahead well. I am still holding.

Reck wrote: @ 58 cents, the ttm PE is about 28 X. It's a lot lower than before but... why do you luv this stock at this PE value? :blink:

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