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Quarter by Quarter Analysis of GREG ratios and share price from June 2009 to as at Today

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Quarter by Quarter Analysis of GREG ratios and share price from June 2009 to as at Today Empty Quarter by Quarter Analysis of GREG ratios and share price from June 2009 to as at Today

Post  hariesha Wed Jan 11, 2012 1:06 am

*** This is not a promotion ***

* Depending on the market condition share may go up or down, but why I say it's not a SCRAP anymore?

GREG IS TRADING ALLMOST ON THE NET ASSET VALUE, and this is the first time in three years, price has dropped to this level and to a very attractive PBV ratio of 1.15 times.

* Beta Values against ASI (As of Fourth Quarter of year 2011) = 3.61
Beta Values against MPI (As of Fourth Quarter of year 2011) = 3.17
(GREG is a MILANKA share)

* WHY IT'S NOT ATTRACTIVE WHEN A SHARE WITH HIGHY BETA TRADES AT A PBV OF 1.15? IT CAN ROCK! (But of cause depending on market condition.)

* One can argue why not considering EPS. It's not wise to compare EPS on a company which operates like an Investment trust with management control. Since their business model is to nurture a weak company and sell it at a higher price. So always track the NAV. EPS is can mislead.
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hariesha

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