What has changed?, page-26

First 26 Last

Share
Profile

Follow
lukeyc88

120 Posts.

05/11/16

17:24

Post #: 20396027
Share

Originally posted by Kshabih1 ↑

With all due respect your approach is too simplistic. your valuing a company on P/B ratio only and to anybody having knowledge if financial markets is too simplistic. No startup company would exist and prosper if the decision to invest was as simple as that. I strongly believe that macroeconomics events must not have an impact on spec stocks but the market thinks otherwise. Every single stock I owned lost some percentage on Friday and it cannot be for the reason that Friday morning the market got a revelation that P/B ratio was too high. For examole FBR won the WA innovator award on wednesday and dropped 20% on Friday. Now should as an investor one believe on the credentials of market experts or very shoet term focused market traders?

I hope you understand what I mean from VWAP and fair value estimate. a VWAP of 9.5 and closing price of 8.7 means that market on average valued it on 9.5 cents throughout the day and 8.7 towards the end of the day. This shift is for no apparent news or change in fundamentals.

It's all your call how to manage your investment. if I were not so much convinced of a business, I certainly would not care to start a thread and preach that business is overvalued. I would only do that if I had feeling's that I need to rethink my assessment. that's how human psychology works. again if you are not convinced feel free to move on. There are many safe play stocks with great P/B ratios that you like a lot. Best of luck

Expand

How do you come to that figure on the fair value estimate?

Why are you ignoring PB ratio and the fact that they are going to a event with the intention of raising new capital?

Raising new capital is not from new investors buying shares already on the market. That does not earn the company a dime.

Its from selling investors newly issued shares. They will not be buying the shares you currently own.

SAS Price at posting: 8.7¢ Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Shekel Brainweigh and Calmer Co lead innovations in the retail space

RCE

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

ARN

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

There are more pages in this discussion • 22 more messages in this thread...

First 26 Last

Add SAS (ASX) to my watchlist

What has changed?, page-26

Top Stories

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Shekel Brainweigh and Calmer Co lead innovations in the retail space

Recce scores US$2M deal from US Department of Defense for burn wound infections gel

Week 28 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Aldoro shares jump 47% on news of strong niobium recoveries from Namibia play

Featured News