QUOTE(lowya @ May 14 2020, 02:26 PM)
Hi guys, what's your comment on ECOWLD?
Short term wise, i dont think it's the wisest.
Good buy if you're looking for long term. Currently the price is at the lower end of the spectrum but in a few months time/next year, price should go back to pre-covid.
Fundamentally the company is quite strong for long term hold. PER only 5.64 but industry average I think about 11?
Things get interesting when you look at the PBR tho, at only 0.25
PERSONALLY, I picked it up when it was at the floor, not so long ago. So far quite stressful. Sometimes -10% sometimes +10% but hey if you're holding for long term i dont think the short term matters. Just my 2 cents