Post by
macdtrader on Sep 21, 2019 8:01am
A 80% price hike would give us a trailing
PE of 10. That would not account for the new higher price in PD.
Comment by
Consvestor on Sep 21, 2019 2:45pm
Agreed. We don’t really need Pd to go higher from here. But I do think that it will though.
Comment by
crow27 on Sep 21, 2019 9:19pm
PE of 10 and Pd goes up and then the EPS goes up and the share price could be another Kirkland Lake?? That really is not that far fetched as it is just numbers and multiples of numbers. This actually could unfold rather quickly.
Comment by
wannabebuffet on Sep 22, 2019 1:04pm
If we get a 27P/E like KL we will be higher than KL.
Comment by
Consvestor on Sep 22, 2019 9:46pm
I absolutely believe that PDL could follow the same path as KL. Perhaps better. Corrections will happen, and become good buying opportunities. They have with KL as well.