Value or value trap? Keith McLachlan helps us spot the difference
Channel: JustOneLap
Date: 2015-09-22

Often when a share price collapses the share may appear to offer great value, especially it is now trading below net asset value (NAV) and even more so if trading below tangible net asset value (TNAV). But is this always the case? How do we identify those that really offer value vs. those that are a value trap?

Keith McLachlan will help us spot the difference between real value and the dreaded value trap. The presentation includes practical examples using Sanyati (value trap and now in liquidation) and POY (real value as the share is up over 500% in the last year).