Low PB

Swing Media Technology Group : A Potential Value Trap

Swing Media Technology Group I spend my days looking at companies and their annual reports. And what I do on a daily basis is to try and understand the businesses of these companies from these annual reports. The annual reports, the financial statements and the notes to the financial statements can give you an understanding into the operations of the company that one is researching. Amongst my favourite places to search for undervalued securities are stocks which are trading below book value. (more…)