Hong Kong
SEHK:1898
What Type Of Returns Would China Coal Energy's(HKG:1898) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
By
January 11, 2021
China Coal Energy Company Limited (HKG:1898) shareholders should be happy to see the share price up 27% in the last quarter. But that doesn't help the fact that the three year return is less impressive. In fact, the share price is down 39% in the last three years, falling well short of the market return.
To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS).