Seriously I donāt buy into that intrinsic value at all!! I use wall street and its bull, hang on let me find an example I got RDSB wrong.
Says REACH is undervalued on it anyway but itās rubbish.
OK got one GSK - intrinsic Ā£21.23, donāt think itās ever been that high in its history, I swear RDSB was Ā£44 and itās been updated or something
Case study:
Fair play to Ozzieās they DGAF.
I use UKADVFN quite a lot and saw people talking about it in another forum so investigated myself and I think it looks good.
This also is a potential bonus:
Ok so they are the 5th biggest digital asset in the UK behind Google, Facebook, Amazon and Microsoft. Theyāre making less revenue like for like because they donāt make the most of their customers data, why because they donāt ask for it, less than 2pc, huge potential here.
My two penniesā worth on Reach: I was a senior editor there for a decade or so and I wouldnāt touch its shares with a 20ft bargepole. In my experience, the companyās the epitome of the Peter principle.
A good few years ago now when it was Trinity Mirror, but I have zero faith in the leadership of the company. There may be trading opportunities with Reach but, investment-wise, to my mind at least, itās like backing Blockbuster to pivot its business in the early 2000s. Itās not an industry Iād ever want to be invested in because, from my experience, it seems to be in perpetual decline. However, each to their own, donāt let a me stop you, Iām far from an investment expert.