How to spot a value trap
Often when a share price collapses, the share may appear to offer great value. This is especially true when it starts trading below net asset value (NAV). It becomes even more enticing if it’s trading below tangible net asset value (TNAV). However, can this always be the case? How do we distinguish between a share that really offers value and a value trap?
Keith McLachlan will help us spot the difference between real value and the dreaded value trap. The presentation includes practical examples to help you distinguish between value and trap.
View the learn investing series
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