Too highly rated27 Nov 2015 09:54
From my "UPS" thread earlier ........
I do not hold the stock, so I could be bias, but I do not buy stocks on extra high PE and not much EPS growth
CAKE 320p - 20p
Another of those highly rated stocks, than when results come out and the EPS growth is less than 10%, share price is decimated. At yesterday's price of 340p the shares were on a PE of 30, that tell you all as the dividend paid is much lower than expected also.
note: Basic earnings per share 11.41p ( 2014: 10.41p )