Valuations: Price-to-Book Model In this video Keith McLachlan looks at the theory, approaches and risks of a price-to-book ratio for equity valuations. Price to book is a very useful tool for determining a stocks relative valuation and we have a practical example of the price-to-book theory here. Upcoming webinars
Video: Management in investing fundamentals
Management in investing fundamentals The role of management in investing fundamentals shouldn't be overlooked. The management of a company is the custodians of shareholder capital and executors of the business model, strategy and direction. While this human element is largely unquantifiable, management is arguably the single most important qualitative fundamental in a company. Understanding the management of ...
Video: Liquidity is a critical aspect of business
Liquidity: An often overlooked, yet critical aspect of fundamentals, is liquidity. Irrespective of accounting profits, if a business has more cash coming into its bank than going out of its bank account, it will remain in business. Likewise, an apparently profitable business that has no liquidity can actually run itself into bankruptcy. Cash is king ...
Video: Solvency – Understanding Debt and Failure
Solvency. While debt may have a negative connotation, the correct use of it in a business can significantly enhance shareholder returns. This added upside, though, comes with increased business failure risk. In this webinar series working through equity fundamentals, we have a look at how to understand the solvency of a company. The other videos ...
Video: How to buy shares
Investors have many options these days; from going direct via a full service or online broker, ETF's from the issuers, unit trust, financial advisors, asset managers and the Share Builder and Auto Share Invest from FNB and Standard Bank. We'll delve into the various options and help you to decide which route(s) is best for ...
Video: Profitability – the aim of business
There is nothing more important than profit in business. Without it, you have no business? In this video Keith McLachlan looks at the Profitability – The Aim of Business In other videos on this channel Keith will delve into each pillar individually, spending time explaining why it is important and what to look for. The ...