" ... you have no idea what you're talking about"
Actually, you (not he) are the one who does not know what he is talking about.
"Sorry to bother you & no need to reply."
I hope I bothered you, and I do not care if a worthless dumbsh*t like you, astral_tsar, bothers to respond.
Where did you get "slowly growing earnings" from? This year, earnings are CONTRACTING according to management. There's a big difference. Erroding margins will sink the ship real fast.
And what do you mean, what kind of PE do I like? I like PE ratios under 20, plain and simple. A PE of 1 typically indicates something very wrong, not "a great value."
"Anyone have an analysis of how NLS margins and financial ratios (ROE) will change in the future as growth slows?"
Just my opinion here, but why worry about slow growth vs fast growth when the little darling is selling at 5 times earnings? If NLS' present earnings were to _decline_ exactly 10% per year, the net present value (discounted by ten-year treasury rate of 3.6%)would be perhaps
NPV = $2.50/(10%+3.6%)=$18.40 per share.
Growth -- slow, fast, whatever -- would just be icing on the cake, right? Am I just confused? If this puppy just returns a consistent $2.50 a year forever then we're all rich. Right? Tell me what I'm missing!
If anyone can sort of interpret what I just asked, please post *something* before my brain explodes.
o i c. I suppose we are experiencing an Antibubble. Far be it from me to interfere.
I feel embarrassed that I bought at a towering multiple like 5 times earnings. If you folks can talk it down to 3-4 times earnings I'll mortgage the kids and buy all you care to sell.
See you then!