GREY:ENTCF - Post by User
Comment by
frankzwhiteon Jan 06, 2014 2:38pm
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Post# 22062637
RE:RE:RE:ent was about this price level 4 yrs ago
RE:RE:RE:ent was about this price level 4 yrs agoI do not know MCR very well, but from looking at the p/e ratios/earnings of both ENT and MCR, MCR is just making more money. I have not read any of MCR's public disclosure documents, but I know ENT stated that earnings would be low throughout 2013, which is probably one reason why the stock is not moving much. ENT does have a positive outlook for 2014 and so do the analysts (I think the estimated EPS is 0.25 for 2014 vs 0.17 in 2013). While there is upside if ENT earns .25 in 2014, companies like ENT usually have lower than average P/E ratios so I don't think there is MCR like upside at this point in time (unless earnings are way better in 2014 than forecasted).
I have a very small position from the low in September/October, and may add more if there is a pullback as I believe in the long-term view of this company. I am not expecting a crazy run-up in 2014. I do not expect the analysts' target of $2.25(I think) to be reached. But I do think we can get to around $2.00 this year. If all goes well, 2015 should be a good year (although many things can happen between now and then).