I meant to post this here. JBH is when I switched Montgomery off...

I meant to post this here.

JBH is when I switched Montgomery off for good. Some interesting links and quotes from his blog.

22 April 2014: SP $20.80 - 'Given we are large holders in JB Hi-FI and believe the shares are worth close to $23,'
http://rogermontgomery.com/looking-forward-to-jb-hi-fi-results/

14 August 2014: SP $17.63 - 'But like we continuously mention, along with ‘cheap’, you also want ‘good’. Given the growth forecast for this year is well below historical trends, it would be hard to argue that there are better opportunities elsewhere.'
http://rogermontgomery.com/stocks-to-watch-2/

18 August 2014: SP $17.48 - 'When managing a portfolio, it’s not just about picking winners; but about avoiding losers.' 'We completely sold our position in the company accordingly.'
http://rogermontgomery.com/headwinds-at-jb-hi-fi/

Coincidentally, the link above from ThereAbouts to the Montgomery blog, is for an article on the Montgomery blog on 21 July 2014. The share price then was $19.35, around $4 below his spruiked $23 value. Undervalued, but not on the list. Hmmmmm