Post by
MaterialsMan on Feb 05, 2024 6:10pm
A bit of a head scratcher
The share price is not performing to expectations. In fact, I believe it hit a 52 week low today.
It's mystefying that a stock that touts a dividend of over 5%, a P/E ratio of 4 to 6, little if any debt, along with decent projections can be going south.
I don't know of one publicly traded company with this kind of a profile.
I wonder if momentum investing has completely replaced value investing.
I also wonder if there is something under the radar that I don't see coming.
Do investors feel that oil and gas will disappear from the equation? I don't think so.
Comment by
Vince64 on Feb 05, 2024 8:04pm
The share price is as it should be. Who is in a haze? Those confused clearly hold POU shares, as I do. Dividend, PE ratio, minimal debt, projections, etc. I am most confident the share value today is most accurate. I suspect it will decrease. History has shown, POU will most likely disappoint.
Comment by
MaterialsMan on Feb 06, 2024 6:19am
Vince 64, Why do you conjecture that POU will dissapoint? What history are you referring to? Most certainly I would think, that if oil and gas fell out of bed, that would most likely take POU with it. Other than that possibility, what do you think is causing POU's SP to tank? Let's face it, every investment opportunity carries a degree of risk.