Vietnam IndexShort
Can we see market with P/E=15?
3 years ago, when VNINDEX break 1200, media has a topic P/E=23 is still cheap => market crash
Now, with P/E = 18, media still has a research paper say: market is still cheap -> correction ~15% (-200 points).
So, what next?
Now, with P/E = 18, media still has a research paper say: market is still cheap -> correction ~15% (-200 points).
So, what next?
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