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| Rose Peel • Messages: 4 • Years on forum: 11.3 |
10:13 AM 01/17/2016 |
Now when financial sanctions are lifted you can transfer money in and out of Iran.
Market cap is about $90b.
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| Paul Hong • Messages: 4 • Years on forum: 11.3 |
11:14 AM 01/17/2016 |
That might be a good idea as $100b of Iran money would be unfreezed and part of it would go to Iran stock market inflating prices
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| Jimmy White • Messages: 18 • Years on forum: 11.3 |
12:16 PM 01/17/2016 |
TEDPIX Index traded at 5.7 P/E at the end of December. This is a bit low even for a a country with limited future like Iran.
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| Paul Hong • Messages: 4 • Years on forum: 11.3 |
01:47 PM 01/17/2016 |
Jimmy White, if you take into account that the country depends on oil which is going lower and lower that may be a fair valuation.
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| Jimmy White • Messages: 18 • Years on forum: 11.3 |
03:18 PM 01/17/2016 |
Paul Hong, that was at the end of December when oil was higher and was not falling that fast, but I see your point about Iran P/E
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