Margin of safety is what separates the long term investors from short-term/day traders. My view for SBM is a business and less a stock that can be traded. Volatility (price actions, market noise) is not a concern when I know the intrinsic value of the business and when I bought it even below that.
It will be interesting to know the outcome of this exercise and I believe I can find other other businesses where my employees (money) can improve the business, achieve better results and espoused the principles below:
"in the short run, the market is like a voting machine--tallying up which firms are popular and unpopular. But in the long run, the market is like a weighing machine--assessing the substance of a company" - Ben Graham
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $167.6M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 20.5¢ | $208.6K | 994.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 956809 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 300856 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 956809 | 0.205 |
28 | 885652 | 0.200 |
23 | 953751 | 0.195 |
29 | 537881 | 0.190 |
22 | 922433 | 0.185 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 297877 | 36 |
0.215 | 447690 | 10 |
0.220 | 253892 | 6 |
0.225 | 239223 | 13 |
0.230 | 388734 | 13 |
Last trade - 13.01pm 30/07/2024 (20 minute delay) ? |
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