LRF

Just read a newsletter from LRF. What a miserable share price! But this stock is for me to top up rather than sell. Why? Because the market undervalues it. The discount to NTA is very bad. I am always on the look out for value.

The two biggest parcels are AGO and NCM. This would make the management so many times better than most others. Yet, the average mum and dad would not know this company. Sad. Next time, my cash accumulates, this stock will be high on my list for topping up. If I am getting value for me AND I have no need to sell, then I love buying under-rated stocks... with intrinsic value.