Give me regular dividends any day of the week...
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Give me regular dividends any day of the week...
A share price is neither cheap nor expensive until one takes into account the number of shares or more precisely the forecasted earnings per share, in other words the expected price to earnings ratio...considering also debt to equity ratio, book value, risk profile, etc.
e.g. just because this IPO is priced 'cheaper' than MRP does not mean that it better value. CJ - I'm surprised - given your guru status, I figured you would've been around long enough to know that.
BC
sorry CJ - I misunderstood your post.
The more I think about this and the more I see this advertised on tv I am starting to come to the conclusion that the govt is being rather irresponsible with the way it is offering these shares. Because at the end of the day they are asking moms and pops to get into leveraged equities and that game can be dangerous for the astute investor let alone a layman.
That said, I will be buying some as the potential discount and probable low price make this a bargain when compared to MRP.