Are there any tips on dabbling with cigar butt investing?
I was looking at Koninklijke Phillips and that price is too cheap to ignore. Absolutely terrible company with low return on investment, growing debt and a 10k full of buzzwords as part of their “strategy”. However it's very asset heavy and it's price is sitting very close to it's price-book value, and I can't see it going bust in the next 5 years; however I definetly recognise it's a company on the downtrend.
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