FA and GuthrieG

It has been a long time since I updated my blog. Was overseas and could not find the time.

They way I look at stocks have changed somewhat after attending a course.

One method of looks for gems is thru NAV or asset backing, this is the net worth of the company assuming that it is liquidated and everything is distributed back to the shareholders.

I have on my list these 3 companies

As you can see, these 3 counters are trailing their NAV, of course there is a need for a catalyst to propel these stocks to chase after their NAV and beyond. A possibility of them trading below their NAV are

1.) They are in a cyclical business
2.) In the midst of changing the business and found a new direction

I have enclosed GuthrieG monthly charts. It seems poise for a run.


Touching upper bollinger band, increased volume, higher MACD histogram, STO has higher low, RSI crusing up.....NAV $0.4912

Show me the money!!!

Barring unforseen circumstance, should do well in the coming weeks to months.