Is it good idea to buy stock when it is near its bookvalue?

ananths

Well-Known Member
#1
Hi friends,
I have observed that few large cap stocks are near their book value. Is it good idea to invest in them now? However they are below their SMA 30, 50, 200 etc...one example is PNB.
Please share your views...
thanks,
Ananth
 

praveen taneja

Well-Known Member
#2
Hi friends,
I have observed that few large cap stocks are near their book value. Is it good idea to invest in them now? However they are below their SMA 30, 50, 200 etc...one example is PNB.
Please share your views...
thanks,
Ananth
An example central bank BV is 138 cmp 70:thumb::thumb:
 

ananths

Well-Known Member
#4
Praveen,

Is zicom a large cap stock?...I'm talking about only large cap stocks...i know that BV is not the only parameter to buy a stock...the stock needs to be fundamentally strong. I can get you whole lot of stocks which are trading below their FV also.
Anyway thanks for responding.

Ananth.
 

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