Never heard of the company. If the figures I am looking at are correct, it‘s not really my type of investment. Market cap does not really warrant both revenue and profitability at the moment. Sure, defense is a hot sector at the moment and I don‘t see that changing in the forseeable future, but I don‘t see where the FOMO is coming from. $COHR I know, it‘s interesting but also in a too early stage for my taste.
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@doks Well I don‘t have a fixed set of criteria when I look at stocks, but for instance I heavily prefer companies that are generating profits. I have some exceptions in my portfolio like $SZG (where I hope it’s temporary) or $NANOFH (which is simply a gamble), but generally I do not want to invest in companies that are unprofitable at the moment. I then look at the P/E-ratio and try to decide whether that fits my expectation for the company, so a P/E-ratio of 10 fits a company that might have slow growth or a small decline, a ratio of 20 is acceptable for a company where I expect a growth in line with the general economy and everything above 35 is for companies where I would expect a growth greater than the market. Looking now at $LOAR, they have a ratio of around 500 and without greater knowledge, the industry they are in and their current position does not warrant that kind of valuation. But I know the stock for around an hour, so of course I may be mistaken.
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•@doks Yeah, but their revenue for instance is $300 mil, meaning that if they had no cost at all, no staff, no production, no material, they would still need 24 years to get their market cap returned. Which seems too much for me. But of course, opinions may differ, and I keep my fingers crossed for you! :)
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