BML 9.09% 9.0¢ boab metals limited

@Verily1growth vs value is a finance industry term - not general...

  1. 9,811 Posts.
    lightbulb Created with Sketch. 3495
    @Verily1

    growth vs value is a finance industry term - not general language

    the phrase/distinction is generally used about industrial equities - not miners

    mining stocks dont generally fit either categorisation - because the time to value buy established mining stocks is usually when their p/e is at its highest

    thats because mining stock earnings are primarily driven by commodity price - so earnings are lowest (pe highest) when commodity prices are lowest

    a pre-cashflow stock of any type would never be a 'value' stock - because it has no earnings,so it would never be regarded as 'cheap' or 'value'

    a value stock is one with actual earnings that is cheap on a relative valuation basis - ie p/e, p/s and other ratios

    growth stocks are those like the tech stocks that get very high valuation on p/e or other basis because market assumes they grow earnings very quickly or like say amazon was - where they may not even be profitable for years as they grow their audience before trying to profit from it

    value stocks are the ones warren buffet is famous for saying he invests in - the ones that produce the goods everyone buys every day at coles or woolies like toothpaste or coke/mineral water/ etc

    its not quite true thats his style - buffet made a lot of his money from speculations, takeovers and debt finance deals.

    but its what hes famous for saying retail investors should focus on.


 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
(20min delay)
Last
9.0¢
Change
-0.009(9.09%)
Mkt cap ! $21.23M
Open High Low Value Volume
9.9¢ 9.9¢ 9.0¢ $55.89K 600.5K

Buyers (Bids)

No. Vol. Price($)
1 75000 8.9¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 388485 4
View Market Depth
Last trade - 16.10pm 04/09/2024 (20 minute delay) ?
BML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.