RE: Silverstone ownership and PEGood to see CS buying shares of Silverstone...another good use of cash...I calculate that at 80 cent earnings for this year CS is selling for a forward PE of 3.6 times...That's pretty cheap unless one assumes COPPER is going to crash along with the Western economies, bringing down growth in Asia..If or when we get past this credit mess and money starts flowing back into the broader stock market CS ought to have quite the run...Think I'll add on a down draft that might well be in the wings the next day or two...
CS.to possible downside target of $3.30-$3.23??
https://stockcharts.com/h-sc/ui?s=CS.TO&p=D&yr=0&mn=10&dy=0&id=p36650889419&a=115424847&listNum=1
Thanks Firecracker for the fundamental information, most helpful.