While the counter still trades at a discount to our 16.5 times market price-earnings ratio, its current premium over our fair value estimate and strong price appreciation over the past few months suggest that the issue has temporarily outrun its fundamentals, with no further upside in the next 12 months.
More Quotes from Leo Venezuela:
If you're a savvy institutional investor, you don't want interest earnings, you want the company to deploy the cash.Leo Venezuela
We see little further upside to the value of Ayala Land's unused land bank going forward with increasing competition from cheaper alternative offices for call center and business process outsourcing clients.
Leo Venezuela
They used to chase Filipinos, now they're going to the biggest markets where there's no market leader and then going for the local population. It would have been better for the company if it used its present strategy when it first did overseas expansion.
Leo Venezuela
Readers Who Like This Quotation Also Like:
Based on Topics: Past QuotesBased on Keywords: outrun, price-earnings, trades
I'll accept being Phoebe to people for a while longer, given how much fun it was. That's totally fair.
Lisa Kudrow
Oprah is more than an institution. Oprah is a very special star in the firmament. I can't imagine a greater success than she's enjoyed.
Phil Donahue
I work on a laptop specifically so I can work in cafes and pretend I'm part of the human world.
Jonathan Lethem