IF your company's NTA value is higher than the prevailing market value/price traded in the Exchange, the owner would basically either crying or laughing at the public and himself. WHY? Overlooked the Discounted price!
Back in time, owners were supposed to buy up all your company's share from the open market the moment the traded price is below your NTA.
However, the present trend...only focusing on that 2 consecutive profit reports, PE, EPS...and ignoring the NTA is not a complete one.
Check yourself, HOW many company that got NTA higher than the market? Plenty of them.
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....
Jokers2020
2,006 posts
Posted by Jokers2020 > 2020-11-24 15:34 | Report Abuse
go go go..limit up pphb....