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Ann: Interim Financial Report for the half-year e, page-83

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  1. 3,801 Posts.
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    re: Ann: Interim Financial Report for the hal... Vendor

    I will strip it back for you. I believe that FA places a value on a share. This value is often independent of the share price at the time. Thus if the fundamentals of a share improve and the share price declines then i'm more inclined to be happy than disappointed.

    I expect that at some point in time that each company will be valued at their true worth. Dot com stocks are a great example with "price" and the "market" giving them a certain value completely at odds with my value at the time.

    Is it the fault of fundamental analysis that there are a million mug punters in penny stocks who each believe it's the next 100 bagger?

    I used the quote simply because it better articulated the same views that I have
 
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