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4 comment(s). Last comment by Dummy Blackie 2015-09-10 18:33
Posted by uzi440 > 2015-09-10 18:08 | Report Abuse
Its a red herring
red her·ring
2.
something, especially a clue, that is or is intended to be misleading or distracting.
Why do I say this?
Take a simple example. Can you compare a Steel Company (like Prestar) with a software company like IFCA based on NTA?
Its not really what you should be focusing on.
Posted by uzi440 > 2015-09-10 18:10 | Report Abuse
Or even comparing NTA of two companies in IT services like IFCA and MYEG.
Really not a good idea.
Posted by Dummy Blackie > 2015-09-10 18:33 | Report Abuse
uzi440, yes we not necessary need to refer to NTA as not all sectors can use this as a factor for your purchase... indeed, counters like IFCA/ IT based co are having also having other asset like intangible asset... thanks
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Dummy Blackie
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Posted by Dummy Blackie > 2015-09-10 18:02 | Report Abuse
GUH would have the same case like yr FACBIND do... but both price remains the same as maybe due to no expansion plan... thanks for the sharing