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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (22863)12/27/2005 4:08:28 PM
From: bruwin  Respond to of 78717
 
Looks good to me too. Trailing 12 month P/E is, however, at 25, not 20.
IMO it certainly would be a better bargain at a P/E approaching 20 .... and should we be all that concerned as to what "spooks" Analysts ??!!



To: Spekulatius who wrote (22863)12/28/2005 4:21:09 PM
From: Paul Senior  Read Replies (2) | Respond to of 78717
 
APOL: re: "PE is around 20 and with an estimated 15-20% growth rate,a substantial FCF (despite the growth) and a good balance sheet, the stock looks like a bargain."

Okay, but just don't call it a "value stock". -g-

If the company is able to sustain its performance, imo by my calculations the stock would/could/might be in "bargain" range as long as the p/e is under 28. THAT is a very high number and difficult to sustain for most companies (although APOL has had higher than that p/e for the past ten years on average). I see the stock as both risky and attractive at current price and current p/e (~24, per Yahoo). I'm in today for a few shares.