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One problem the bulls are now facing is that Champion Breweries trades at a forward P/E ratio of 20.79, which is far from cheap. A complete five-wave impulse to the upside from the bottom at ₦2.7 in 2024 strongly suggests that the current impulse is delvering on wave 3.
Champion is about to get a hangover
Updated: 5/20/2025 7:50 AM
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