@Quibit wrote:I am looking at 1 year forward earning based PER valuation. Obviously I am correct. Prices will have to dip, may not be 25%. But what should I do? Buy or sell? Pleas answer my question instead of find fault with a small error.
I think you are not good with Economics and Politics. if you dont know dont talk. or get advise.
1)Try to create 1Milion Jobs During next 6 Years.
2)new Budget amendment is give more money to people. that is good sign for money circular. in that case people can purchase more goods and services. then main company try to expand the business according to new demand. then create More jobs and they will make more profits expanding business(bcs they have to cover there own targets and market has good demand)
3)new government will put eye to manufacturing goods(maybe offer Tax Holidays). then big companies are try to invest money into that sector and take tax holiday.
4)this one time TAX. no need to Panic. its not effect to 25% share price. UNP will give more benefits (for Companies) after next election. we no need to Panic
you guys worry about 20-30 companies. but new government gave good benefits for all other 290 companies(in CSE)