At any time, except in extreme volatility, the market usually puts a value on a share which reasonably accurately reflects its true worth.
The trick with investing (as opposed to trading or gambling) is to pick stocks which would appear to be undervalued. In other words, you are suggesting that the market has not yet adjusted the price of the share to reflect its true value.
It is not often that a share comes along which is obviously undervalued at the time and is likely to re-adjust its price accordingly. OXR probably stood out as the best example of this phenomenon over the last few years. We all knew it was undervalued at the time, we all bought it, and we all made a dollar.
As for APG, well that is for you to decide. If enough of you decide that it is undervalued, and you turn out to be correct, then you make a dollar.
Very few of us have crystal balls. (or crystal ovaries, as the case may be)
- Forums
- ASX - By Stock
- APG
- ### advice needed ###
### advice needed ###, page-4
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)