RE: What are the risks?15 Sep 2017 10:54
the company only have net asset of 6m, PB ratio 13.5 is quite high,this company's the value based on expectation on future growth,(most of them are, like KAZ, unless property business, book value weighs more), when growth story gone, the value gone. to its asset , it can go down to 80, you will still feel it is expensive. if no story , no expectation, then no bulls.