LNC 0.00% 99.5¢ linc energy ltd

I personally like 'price is what you pay, value is what you...

  1. 877 Posts.
    I personally like 'price is what you pay, value is what you get'. And I disagree with with Dazed, which is a rare thing, and think the best time, no, the 'only' time to buy this stock, is when no one else want's it. Fortunately that's often enough due to the following.

    I read all 56 pages of the report Wolves put online yesterday, and although this should come as no surprise to anyone who's familiar with Graham, Schloss, Newman, Keynes, Buffett, Munger etc, it concluded this "Indeed, the Linc Energy share price has until recent times been a poor predictor of the company’s true worth. Unfortunately, officially sanctioned trading behaviors in modern markets (HFT and security lending) appear to make the share prices of companies such as Linc Energy almost redundant as an indicator of value, particularly when there are significant company assets involved [as there are]" (page 38), the brackets are mine, and I fixed he spelling mistakes.

    I'm not sure much more needs to be said?

    I'd also like to add Imbiber to the list of knowledgeable posters.
 
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