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Investors cautious of the royal flush

Investors cautious of the royal flush Crown House shares have moved within a fairly narrow price bracket during 1970 with a high of about 6s. 5d. and a low of 4s. 3d. They are currently about one shilling below their highest point, where the priceearnings ratio is around 75. On the basis of previous performance, and in view of the strength of their current operations, a more realistic price is around eight shillings. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Industrial Management Emerald Publishing

Investors cautious of the royal flush

Industrial Management , Volume 71 (1): 4 – Jan 1, 1971

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0007-6929
DOI
10.1108/eb056037
Publisher site
See Article on Publisher Site

Abstract

Crown House shares have moved within a fairly narrow price bracket during 1970 with a high of about 6s. 5d. and a low of 4s. 3d. They are currently about one shilling below their highest point, where the priceearnings ratio is around 75. On the basis of previous performance, and in view of the strength of their current operations, a more realistic price is around eight shillings.

Journal

Industrial ManagementEmerald Publishing

Published: Jan 1, 1971

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