Therefore, I just pay attention to the quarterly income instead of monthly, and focus on buying quality
companies at cheaper valuations regardless of the payout dates.
The reason for using the low end of the common ratios is because we are targeting to buy shares of
the company at its cheapest valuation.
Not exact matches
It would be nice to acquire a great
company at a very
cheap valuation, but that's not likely.
Even so, with the market's
valuations today being
cheaper than the two previous times that the S&P 500 traded
at these levels — and with the yields on the two primary alternatives, bonds and cash, being very low by comparison — this could be a great time to own
companies by investing in th stock market.
At the time, I liked what I was seeing from the
company, and its
valuation seemed too
cheap to ignore.
It would be nice to acquire a great
company at a very
cheap valuation, but that's not likely.
These stocks are trading
at a
cheap valuation because the
company has either lost its fire or else its fire is fading away.
For example, debt is very
cheap right now so discounting a
company's cash flows
at an abnormally low rate will give it a more rosy
valuation than if you applied a 10 year average.
It would appear that $ BAM has snuffed a competing offer that would have enriched all shareholders in their desire to control the
company (and enrich themselves dis - proportionally)
at a
cheaper valuation.