Quote:
Originally Posted by adeniyierinle
knightofdelta,you really did a thorough research on this company which is good.As it is,C&I Leasing is only one in that sector i.e this can influence the price too.What do you think?
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The fact that they are the only company in the sector means that there is no benchmark to assess their performance. But if you take a good look at the stock market as a whole, I must confess this company is very expensive. Just because they are alone in the sector does not mean that investors will not punish them if they don't declare dividends that will match the market price, which will likely happen except they really declare some serious profits.
Buying into the shares will be like gambling, except if you know what you are doing. If you are looking at buying more shares, it will be good for you to look towards the banking sector for now.
The Knight of Delta.
The Knight of Delta.