What a good way to lose money , by assuming a company with a share market value less than the NTA is value , that metric is a value trap for naive investors .
A discounted market valuation for a company is an indication that investors assume forward earnings will be below expected return and if that eventuates a high potential for statutory right downs in value of assets .
Credibility would be achieved if the Board did a review of management performance then announced what changes would be made .
MRG Price at posting:
36.0¢ Sentiment: None Disclosure: Not Held
