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


To: E_K_S who wrote (52974)12/11/2013 6:24:01 PM
From: Paul Senior2 Recommendations

Recommended By
debrahaugen
Jurgis Bekepuris

  Read Replies (1) | Respond to of 78752
 
TKPPY. I've followed it a few years ago, not recently.

Your screener is off on this one. P/e is closer to 14-15, than 4. (From their presentation, they earned about 1.24 euro's latest quarter vs. 1.22 previous year's quarter)

finance.yahoo.com

Might be a buy at current price, I don't know without some further research. Right now, seems about correctly priced to me, compared to most other oil service stocks I am looking at.

With something like a well-known, somewhat dominant company like Schlumberger, SLB, I can see a p/e of 20 in a low interest environment. (Ttm p/e is about 18x.) I am willing to step up and add a few shares now to the few I hold.