Horton wrote:obiero wrote:VituVingiSana wrote:This firm is doing better than 1/2 the listed non-financial firms!
ARM, HAFR, KQ, EAPCC and many more!
You should buy some of their shares
VVS canβt buy this one the NAV is lower than the current price ππ
True!
That philosophy did get me into trouble with ARM but it is an important consideration for me. I paid a "discount" of 80% to stated NAV with the understanding that the NAV will take a 50% hit in FY18. I may have underestimated that.
I have bought Centum below 30 at a 55% discount to stated NAV but I expect some of the NAV to disappear into thin air as valuations drop.
ORCH isn't my cup of tea BUT it did make a profit unlike many NSE-listed firms including ARM, HAFR, KQ, EAPCC
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett