DIMO PE:
Last 2 quarters earnings totalling Rs. 170.00 and let's assume earning in the next two quarters will be Rs. 130/= in a worst situation. Annualised Earnings will be Rs. 300/=. PE is 1,300/300= 4.3 times
This is simply amazing. I think neither investors nor directors do justice to this share. Someone is selling this share each time when it tries to go up. Aren't directors have a duty to protect the shareholders? many useless shares trading at a PE of more than 60 and still going up but DIMO is going down day by day.
Are fundamentals dead at CSE?
One problem with DIMO is that it's value make small investors unreachable. Hope Directors will make a sub division sooner than later.
BTW is there any other share in the market which trade below 5 PE?