OMX

2013 began with hopes and expectations of about 6% higher profits. The year ended with falling profits, down about minus 5%. At the same time the stock market exploded higher with roughly 23%.

OMX

Valuation based on expected forward earnings:

OMX (1)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s