The objective you hear from many value investors is to buy $1 of assets for 50 cents. The headline I used here is the opposite, what we should be avoiding.
Trading in a couple of wind-up situations I have observed this year has left me scratching my head. It has looked to me like investors paying around $1 for 50 cents of cash!
Continue reading “PAYING $1 FOR 50 CENTS WORTH OF ASSETS?”
Despite Redbubble Ltd (ASX:RBL) being a “tenbagger” from the lows, and Shaver Shop Group Ltd (ASX:SSG) being a “fivebagger, these companies might even still be buys. This blog post is a bit of a follow up from my last post when I discussed my mistakes. I felt in hindsight I should have been buying more of these shares around May, when both had already provided fantastic trading updates.
Continue reading “ARE REDBUBBLE (ASX: RBL) AND SHAVER SHOP (ASX:SSG) SHARES STILL A BUY?”