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BHP Billiton Limited Message Board

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  • gobayby gobayby Dec 16, 2009 10:29 AM Flag

    Overvalued?

    I forgot to ask where you got you forward P/E ratio from?? It's just a guess based on several things, (most notable earnings) anyway, but I think your figure is off by quite a bit.

    Hell, by next year BHP Billiton Ltd.,(or BHP.AX) may have bought all the shares of PLC. That would shock you denominator in the eps computation!!!! HaHa!
    I see your thinking, but if you ever see that entry price ($68) again, I will be shocked. I truly beleive that when we finally shake through the $75 resistance level, we'll be chasing $80 for a while. All JMHO.

    Regards!

    Gobaby

 
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