going forward25 Oct 2018 11:37
Aim mover metrics are not so simple a s profit/loss pe ratios etc there are many drivers for a rising sp, including but not always buys v sells....there is no policeman valuing Aim stocks with a calculator and mm's have no idea of a stocks 'value' they only trade the 'price'...there are many profitable companies on Aim that have a share price that never comes close to a 'profit/pe ratio' valuation and the majority are not profitable but actually provide the largest % moves..valuing a tech company with unlimited options globally (such as Apple/TDK links etc) is nigh on impossible, although some are more comfortable trying to fit it into a ftsee100 metric valuation ,companies on Aim have their own valuation metrics, CPX has that global link now, big time, profits will come but there are many deals and licences and markets ahead, therefore many drivers for the sp..... 👍☕️
the general mkt has seen 98% of stocks down soany reference to share specific fall backs is rather disengenuous or potentially misleading, however, we all have our own aims ,mine is incredibly bullish, particularly from current price, I have no idea if the mms will push it down a fraction further, but I am pretty confident they will push it a lot higher when the mkt settles and the sp can run freely once again...there is little downside at current sp as Appl/TDK etc are clearly not built into the sp any longer due to the general push down across the mkts, that imo leaves us with a nice bounce back shortly and add in the potential detailed in previous post we have a positive view and sp going forward 👍☕️