Investors cautious of the royal flush

Abstract

Crown House shares have moved within a fairly narrow price bracket during 1970 with a high of about 6s. 5d. and a low of 4s. 3d. They are currently about one shilling below their highest point, where the price/earnings ratio is around 7·5. On the basis of previous performance, and in view of the strength of their current operations, a more realistic price is around eight shillings.

Citation

(1971), "Investors cautious of the royal flush", Industrial Management, Vol. 71 No. 1, pp. 80-83. https://doi.org/10.1108/eb056037