6 people like this.

4 comment(s). Last comment by Dummy Blackie 2015-09-10 18:33

Posted by Dummy Blackie > 2015-09-10 18:02 | Report Abuse

GUH would have the same case like yr FACBIND do... but both price remains the same as maybe due to no expansion plan... thanks for the sharing

uzi440

164 posts

Posted by uzi440 > 2015-09-10 18:08 | Report Abuse

Its a red herring

red her·ring

2.
something, especially a clue, that is or is intended to be misleading or distracting.


Why do I say this?

Take a simple example. Can you compare a Steel Company (like Prestar) with a software company like IFCA based on NTA?

Its not really what you should be focusing on.

uzi440

164 posts

Posted by uzi440 > 2015-09-10 18:10 | Report Abuse

Or even comparing NTA of two companies in IT services like IFCA and MYEG.

Really not a good idea.

Posted by Dummy Blackie > 2015-09-10 18:33 | Report Abuse

uzi440, yes we not necessary need to refer to NTA as not all sectors can use this as a factor for your purchase... indeed, counters like IFCA/ IT based co are having also having other asset like intangible asset... thanks

Post a Comment
Market Buzz