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easytimes - Thu, 30 Dec 04 :

AA I'm afraid I still do not agree with you. The bit about Market cap = no of shares x SP, well really? Tell me something new please. You still haven't got the point have you? 1) we know the hypothetical SP 2) from this we know the market cap. That isn't the problem. The problem is this your figure 1) the PBT required to support an SP of 6p 2) the P/E ratio of 15. Before you try and point out something else I already know I do know how the PE ratio is calulated. You have just pulled figures out of the sky haven't you? When comparing companies you check the sector averages the companies are similar but not exactly the same - is this new to you? Analyst use this method all of the time are you saying they are misguided as well. With you being so pendantic you managed to convert one line from one of my posts into a f*****g debate why don't you grow up and discuss something more interesting. Are you the office punch bag by any chance?

Finally, AA you talk absolute rubbish your advise to a lot of people here isn't required. If you'd entered the discussion a year ago perhaps so many people here wouldn't have got so badly burnt (although your inexperience of the stock market does show a little), this was a period of excessive ramping from various persons then there were (other) persons like yourself painting a so called 'realistic' picture of the company's finances from various sources. All turned out to be complete nonsense all because they weren't based on the actual figures. Come results time the true picture arises hence why the SP is where it is now as the company is currently an unknown quantity.

Now lets try and put this pathetic debate to bed please before you make another mountain out of a molehill. I certainly don't want to waste my time with a pointless debate therefore this is my last post on the subject. Problem is AA you are like a child you MUST have the last word my last words to you are GROW UP.


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