Originally Posted by
Beagle
It is a rare company that is not being materially affected by Covid 19. I hope PAZ is such a company but after very careful thought I am not prepared to gamble 40 cents a share to lift my stake "on the blind". That's a historical PE of 30 and I've never been a dog that likes paying 30 times earnings before so won't change my colours now.
More information is required so we can work out the forward PE before 40 cents is justified in my opinion. Looking forward to Monday.