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Old 19th Jul 2015, 18:34
  #176 (permalink)  
Toolboy
 
Join Date: Jul 2015
Location: Norway
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PittsExtra is right

I followed a few lectures in finance as a part of an MBA study. The one important knowledge/wisdom I got out of that is that the stockmarket prices reflects the Net Present Value of all future profit of a company on a per share basis. Thus I realised the rationale behind the high valuation of Google, Apple and the likes.

Thus the market currently does not think that CHC will make serious profits in the future.
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