Good buy? Seems to be c14% off WEBs average price…
Declining revenue, cyclical earnings, and trading at 30 times 5 year average earnings of 900m dollars. (Taken into account due to cyclical nature)
They are buying back shares I guess.
I’d much rather have Google.
What am I missing?
0.9 dollars per share, not 900m
What am I missing?
I think Mr B sees it mainly as a bond proxy.
Better than cash, perhaps like the sogo shosha slate.
A positive real return is better than a negative real return.
But that doesn’t necessarily make it a compelling pick suitable for the average Joe.
Jim
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Ive been looking at the wrong numbers, Scrub what I said. I get it now. Market cap of HPQ and then earnings of HPE by mistake.