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NYSE Euronext, Inc. Message Board

  • xmolpwh xmolpwh Aug 24, 2008 1:30 AM Flag

    NYX 2011 = 5 EPS x 7 PE = 35 a share

    So whats the point going long this stock when it's losing market share, tons of competition that keeps getting greater with each passing year along with hatred towards this stock from wallstreet in general. It's overvalued at these levels which is sad. New symbol should be "RIP". That would be more fitting. Management can't control their own expenses which is ridiculous and their profit margins are pitiful. With a much lower market cap it will be extremely hard for them to buy other exchanges for more growth. Not to mention they way overpaid for Euronext to begin with. No amount of time will save them or their shareholders from this mess.

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    • Hope we can do better than this over the next 3 years.......

    • Read you and read nyxeuros and i think he presents the better case. By the way, earnings are projected at $5.00 in 2009. Figure on a $2.00 div (based on what mgt. said they intend to do). Bears had it good up to now, but i think time is on the side of those who are long.

      • 1 Reply to iwinher
      • By the way last I checked earnings are projected at 3.85 for 2009 not 5 iwinher. No way will NYX earn that by next year. Maybe just maybe if alot of things go right they earn 5 by end of 2010 but I doubt it. Slashing fees isn't a good thing either unless volume is threw the roof. But I have seen time and time again here people posting record breaking volume numbers and we tank bigtime come earnings. It will take another huge bullmarket and management to do a million things right just to get back to that 76 level we were at in Q2. This will take many, many years here if we are lucky. What a shame this stock has been for old longs but down here you almost can't go too wrong at these levels. How does NYSE goto 112 but NYSE EURONEXT AMEX goto 38? Thats crazy.

    • Okay, so you're predicting earnings will grow close to 22% compounded over the next 2 and a third years, and a corresponding p/e of 7.

      How many companies can you name growing earnings at that rate with a 7 p/e?

      Use a P/E of 16ish, and by your earnings projection you got this stock doubling in that short period of time.