ARCHIVED FORUM -- March 2012 to February 2022READ ONLY FORUM
This is the second Archived Forum which was active between 1st March 2012 and 23rd February 2022
.
Present: BL90, Core, BL6000, CD7000, Beogram 7000, Essence Remote.
Past: BL1, BL2, BL8000, BS9000, BL5, BC2, BS5, BV5, BV4-50, Beosystem 3, BL3, DVD1, Beoremote 4, Moment.
WWBMD - What would Bernie Madoff do?
Jeff
I'm afraid I'm recovering from the BeoVirus.
oh boy...
Bernie Madoff is so famous, or rather infamous, I thought everyone knew about it but apparently it's mostly a confined to the US scandal.
Apart from the plain wish to maximize your money buying shares in a specific company means that you would trust in what they are doing....means you support them in their goal for producing and distributing something of value to you.
If you have enough money to put into this, it could make a difference.....especially if others do the same.
But please do remember that there is always a risk doing so - so don’t spend your last dime.
Instead of listening to some Bernie Madoff, you should listen to yourself - it’s your decision.
MM
There is a tv - and there is a BV
Put it all on Trap 3 @ 22:00 Sunderland tonight.
Ban boring signatures!
Puncher: Put it all on Trap 3 @ 22:00 Sunderland tonight.
Solid advice
Vähintään yhdeksänkymmentä prosenttia suomalainen!
I worked as a fund manager for over 20 years, managing portfolios, so I do have some pretty good background in this. Usual caveat applies, being at your risk, stocks go down as well as up etc etc.
Obviously the stock has been a massive under performer, considering that the broader stock market has been racing ahead to all time highs.
The issue with the rise in the stock market this time is that the headline index (S&P500 etc) is so high because it has been driven largely by tech stocks, and quite a narrow subset of them in fact. So in a sense, dont expect B&O stock to ever catch up. Just some perspective.
When it comes to B&O stock, its been marked down to such an extent that its valued (total market cap) at probably not much more that its net asset value i.e. the tangible stuff that can be sold / realised. It doesn't have any significant debt on its balance sheet as a negative dragging down the net asset value.
Being valued therefore with no goodwill (intangibles) there is almost an "out of the money option" character to the stock - a small amount of good news means that goodwill / intangible value can quickly be added onto the net asset value, and the stock can jump from these very low levels.
Quite often, but not always, investors will buy stocks like this - out of the money sort of means that if nothing happens news wise, it will just sit there, and if any good news appears, it can leap, paying out almost like an insurance policy.
Thats the buy case for the stock - its been written down so much the risk is it jumps more than the risk it falls yet further (simplifying of course).
The negative case for this type of approach is that stocks that have been hammered and written down are at times not actually an option on good news - in that further bad news moves to story on from poor sales / strategy to something more existential - the so called "value trap", in that what seemed like an option on good news as described above is actually a trap - you'd just be buying something that is dying, either slowly or otherwise.
Anyway, thats the broad bush of how to think about it I believe.
For those who like to be active in buying and selling stocks (as opposed to just holding them for long periods), the stock is probably on their lists where a quick buck can be made even without believing in a return to glory. Buy it when it dumps lower, wait a few months for even a bit of good news, and get out for a gain of 15-30% etc etc. In other words, some of those who buy the stock at very depressed levels are doing so for these reasons, not because they necessarily have a rosy long term view.
Anyway, over and out.
seethroughyou:I am the least financially minded person in the world. I know more about blackholes and Canadian trapping than I do about hedges funding and managing them, dividingends and equities and assets.... All I know about the world of the stock market is from a film called Trading Places: https://youtu.be/vEaXAsbvHV4 So, are shares in B&O a wise move? How low/high should they go before we BUY! BUY!! BUY...!!!! Would that help B&O? Does it give you some control over decision making? Hammer and piggy bank on standby!
All I know about the world of the stock market is from a film called Trading Places:
https://youtu.be/vEaXAsbvHV4
So, are shares in B&O a wise move?
How low/high should they go before we BUY! BUY!! BUY...!!!!
Would that help B&O?
Does it give you some control over decision making?
Hammer and piggy bank on standby!
It won at evens - you could have doubled your money overnight!!
Puncher: Puncher: Put it all on Trap 3 @ 22:00 Sunderland tonight. It won at evens - you could have doubled your money overnight!!
Like I said, solid advice
Instant money making opportunities available via pm.!
All this gambling will end in Tear s🤭
ed7: All this gambling will end in Tear s🤭
I've done - I'm twice as rich as I was - what more could a man want!
Puncher: ed7: All this gambling will end in Tear s🤭 I've done - I'm twice as rich as I was - what more could a man want!
Two times zero equals zero!
8
Jeff: Puncher: ed7: All this gambling will end in Tear s🤭 I've done - I'm twice as rich as I was - what more could a man want! Two times zero equals zero!
But twice as rich in life's experience!