Buying a share just because of its high NAV when you are not the controlling shareholders is just like......
ya, your papa is a multi millionaire but he is just 45 years old...... so, yes, you are a rich guy, on paper, yes, but you are not going to be able to lay you hands on those millions in a long long long long time, until and unless your papa says yes...
Misguided.... those who are asking you to buy this kind of share
The question is how long it take to unlock the value. Would you buy a piece of undervalued land in the middle of no way, knowing the fact that you might not be the one who benefit fom the asset?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
truthseeker1
493 posts
Posted by truthseeker1 > 2014-12-12 13:39 | Report Abuse
Please name the stock. I hate guessing.