PE's & EPS's

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lylo

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Post Number: 10
Registered: 03-2007

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Votes: 0


Thursday, May 24, 2007 - 08:51 pm:

Just recently Eugenio has been posting Day Trader stock
picks, one of them WMT has a EPS of 1.71 and a PE ratio
of .17 with a SP of .29c, how can a share have an earning
of 1.71 with a SP of .29c.
Could someone please help enlighten me a bit on this one.
......cheers

rdumas

Member

Post Number: 516
Registered: 11-2006

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Votes: 0


Friday, May 25, 2007 - 03:26 pm:

Hi Lylo,

I'm not sure where Eugenio got those figures from. In the December 2006 interim report the earnings were reported as -0.25cps. The company has yet to earn a profit since July 1999.

If those figures had been correct though the the P/E ratio would have been $0.29/$1.71 = .1695 (~.17)

I very much doubt the figures however.

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lylo

Member

Post Number: 11
Registered: 03-2007

Rating: N/A
Votes: 0


Friday, May 25, 2007 - 07:56 pm:

Hi Rudy,
sorry for any confusion Eugenio only posted the stock code
the figures I got from a Fairfax site Direct Access.com.au
it also has the same figure in last months Smart Investor.
It just seems good FA's for such a cheap stock, and I don't
fully understand the good fundamentals as to good stocks.
I seem to think that if a stock starts with good fundamentals it can weather the corrections a bit better.
............cheers