Chrometro

[#1]

Hi there. I readed somewhere that this company has signed a new contract in the DRC. What do you think of RBA, the PE is 4.16

[AndreB_1]

Thanks for that question. I apply the following rules when buying into a company. Go and see on the unittrust section which company owns shares in Chrometro. If Allan Gray, Investec or Recm does not own shares then rather place your money into companies which has sustainable dividends.Surely there are other unittrust companies invested in Chrometro but are not very successful then the above mentioned companies.Secondly I apply a very simple formula and believe me it works- Yearend dividend x 0.25 to get a fair value of a shareor otherwise I take the eps - 1.5% x 0.25 devided by 2 to ghet a fair value of a share. Andre

[AndreB_1]

Thanks for that question. I apply the following rules when buying into a company. Go and see on the unittrust section which company owns shares in Chrometro. If Allan Gray, Investec or Recm does not own shares then rather place your money into companies which has sustainable dividends.Surely there are other unittrust companies invested in Chrometro but are not very successful then the above mentioned companies.Secondly I apply a very simple formula and believe me it works- Yearend dividend x 0.25 to get a fair value of a shareor otherwise I take the eps - 1.5% x 0.25 devided by 2 to ghet a fair value of a share. Andre

[AndreB_1]

Thanks for that question. I apply the following rules when buying into a company. Go and see on the unittrust section which company owns shares in Chrometro. If Allan Gray, Investec or Recm does not own shares then rather place your money into companies which has sustainable dividends.Surely there are other unittrust companies invested in Chrometro but are not very successful then the above mentioned companies.Secondly I apply a very simple formula and believe me it works- Yearend dividend x 0.25 to get a fair value of a shareor otherwise I take the eps - 1.5% x 0.25 devided by 2 to ghet a fair value of a share. Andre

[litch]

Why can't I add comment here.