RE: Just for fun1 Mar 2018 15:01
notgreedy look at utilities like Centrica and SSE trading at just 10x earnings. Water the same. National Grid another. WPP 10x earnings; ITV another.
Then you have trash like Hutchison, BTG, Abcam, Just Eat, Boohoo, ASOS, SSPG & co trading on anything between 40-100x earnings.
What do you make of Saga? A well established name knocked down from over 200p (IPO 215p in 2014) to just 110p now with EPS 14p and a P/E of under 8. Dividend c. 9p yielding 8% and cover 1.6x. Yes the market does not make sense.