Semen Baturaja Tbk Follow up

Five months ago, I discussed how overpriced Semen Baturaja Tbk was with its P/E at 67x at that point (see this post). Since then, its share price rose another 70%. Either I'm stupid or the market insanity has gone even higher. Source: Google Finance Semen Baturaja's 16Q3 revenue was flat yoy but its earnings dropped … Continue reading Semen Baturaja Tbk Follow up