Shares & Derivatives
Nam Lee – My CNAV Analysis
By Invest Openly  •  December 1, 2014
Triggered from a post by Henry in his blog post, Stock Analysis - Nam Lee (FY2014) - Swan Still Floating & Laying Eggs, I have volunteered myself to do a CNAV (Conservative Net Asset Value) analysis on of the stock of his interest, Nam Lee Pressed Metal Industries Ltd (G0I). So here we go... Stock In Evaluation : Nam Lee Pressed Metal Industries Ltd (G0I) The Key Quantitative Indicators of CNAV Strategy (basing on 2013 Annual Report figures): Net Asset Value (NAV) = $0.49 Conservative Net Asset Value (CNAV2) = $0.24 Current Price = $0.28 Discount For CNAV2 = -17% Conclusion : Since it is a negative "Discount for CNAV2", it means that the stock is traded at premium (from CNAV perspective). However, it is traded at a 43% discount when compared with the less conservative indicator, NAV. The P.O.F Scores of CNAV Strategy: P......
Read the full article
By Invest Openly
My name is Richard Ng and I am a Malaysian turned Singaporean. This is a personal blog of mine detailing my venture in Share Investment Project. All the details in this blog are from my real venture (as it happens) and all amount quoted are in SGD (Singapore Dollars), unless otherwise stated.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance