What price to pay?
What price to pay?
Just One Lap founder, Simon Brown, shows how he creates a fundamental chart to help him decide if a share is offering value and to determine the price he is prepared to buy the share at.
Essentially he is looking for the forward PE to be below the seven average of the PE, then he considers it cheap. Importantly this does not mean it can’t go lower, just that the price is attractive.
He also looked into his selection methodology and overall portfolio in two JSE Direct episodes;
