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Iao Kun Group Holding Company Limited Message Board

  • marketmaker79 marketmaker79 Nov 18, 2013 6:51 PM Flag

    Wow - IKGH more expensive then AERL ever was 7 P/E on horrid earnings?

    I remember this board would always cry about how "cheap" AERL was, and how the deserved a P/E of 7-9.

    Looks like you guys finally got it!

    It's amazing that IKGH is so expensive, considering when business was good, they never got this rich of a valuation.

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    • "Horrid earnings"? What were you looking at? Even with the additional shares, they made money per share. If there were as many shares as before the additional shares, they would have rocked the market. HK listing coming in next couple months.

      Sentiment: Strong Buy

    • Well, the pumpers like DrJackOff, Toast, Chuck, etc. all stated that IKGH would see multiple expansion . . . higher P/E, as the earnings denominator falls they are indeed correct. Seems all the acquisitions are really paying off, more shares outstanding and less earnings. IKGH business model has severe flaws . . .

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