Jul. 31 at 6:01 PM
$KBR as I said just accumulate all through the
$30 dollar level. Look at next quarter revenue and EPS projections, both are higher and they beat every quarter. In other words, don’t fold when the price dips down, buy more…
You have to know what you own. Sometimes things don’t make a lot of sense but guess what, reality is that this company has a P/E of less than 10 if they achieve a
$4 annual EPS which projections based on company CEO reports has them up to
$4.22 annual EPS. Their historical P/E average is around 20…. Industry average is over 20…. That’s a share price of
$80 per share…
I really don’t understand why people complain when the price drops, obviously common sense is kicking in with institutional buyers who are scooping up shares after price fell to
$32 per share…. Easy adds…
