If you have US$1, is it better to buy four shares of Medco Energi (MEDC) at Rp2750 per share or 122 shares of Energi Mega Persada (ENRG) at Rp94 per share? Using first quarter 2014 performance of both companies, some might prefer to buy ENRG shares which are now valued 40% of equity than MEDC shares which are now traded with PE multiple 54.
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