This counter is quite insane. How is it possible that a stock has a PE ratio of 150! This counter is over valued by at least 7X. Pure speculations.
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102450048 : Keep shorting keep losing money
boonie02 : That’s bcos you don’t understand it. If you dig a little deeper you can find out the reason. A stock is not ‘overvalued’ simply because it has a PE ratio of xxx times. Come back and read about this counter this Thursday, and then come back a year later and you will know why the backwards looking PE today is ‘high’
Bruce Tong : ive been saying this for a long time. this stock got no fundamentals just trading on news thats why the daily fluctuations are so wide. the only reason why ppl is becos theres no other Fintech stock to buy in SG.