Deep Sea
OPMomozig
:
Parkway life reit has 20 times the EPS and the share price is still expensive to buy and hold for long term investment. To justify for higher PE, the revenue must be growing on a yearly basis. For REITS, they are matured business with none or little growth. I would advise not to buy this stock.
Momozig : Thanks for sharing! What do you think of C2PU? It's price is falling significantly.
Deep Sea OP Momozig : Parkway life reit has 20 times the EPS and the share price is still expensive to buy and hold for long term investment. To justify for higher PE, the revenue must be growing on a yearly basis. For REITS, they are matured business with none or little growth. I would advise not to buy this stock.
Momozig : Thanks for sharing the analysis and your opinion! My amateur friend said they have hospitals etc... sure good investment .