SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Strictly: Drilling and oil-field services

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JGreg who wrote (1755)10/2/1997 6:37:00 PM
From: Brown Bear   of 95453
 
Why is GLM trading at a huge discount, compared with the other
drillers - 1/2 their PE (only 19)? They seem to have beat estimates every single quarter since 1994 & have been growing earnings 118% - 667%. Their ltgr is 30% which I believe is way off since they
have been growing over 100% for the last 3 years & this year their
earnings are expected to come in at 139%.
Shouldn't they be given a PE of atleast 30 (ltgr) ?
Am I reading this all wrong or is this just one puppy waiting to
explode ?

-Hemanshu
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext