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GCT trading in low PE

$GigaCloud Technology (GCT.US)$ PE still a little bit high. In Malaysia, PE can be as low between 1 to 2. That means it is possible that GCT can go as low as 1 dollar.
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  • 103459086 : Dude, then we should be lucky that GCT is listed in USA and not in Malaysia, yes? Only reason why GCT is priced the way it is is because it is still viewed as a China stock despite changing its home base stateside. And the negative shading from shortselling firms (as well as insider sales) fairly recently still cast a long shadow over this stock. Valuation wise, extremely good at this point although building bullish sentiment towards GCT may take some doing. I am long calls on GCT.

  • vclow : don't pull all Malaysian with you....[undefined]

  • 104293410 OP vclow : I forgotten to mention. It can go as high as 50. So it is possible that GCT could hit 200 dollar if PE is 50.