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4 comment(s). Last comment by Dummy Blackie 2015-09-10 18:33
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.
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
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Good Articles to Share
The 'Fast Money' traders share the stocks they are thankful for this holiday season
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Dummy Blackie
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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