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03-10-2014, 11:49 AM
I think the current valuations are pretty cheap for semb marine
PE 13 times
net cash position
strong order book stretching at least the next 3 years
stock price down like 25% over the last 2 years (cheaper the better)
there may be more selling but if buy and hold for long term, it seems like a safe bet
PE 13 times
net cash position
strong order book stretching at least the next 3 years
stock price down like 25% over the last 2 years (cheaper the better)
there may be more selling but if buy and hold for long term, it seems like a safe bet