Intrinsic Value27 Sep 2017 14:21
Thank you for all expressed views. I agree that SP goes up and down and I had read recently that one way of to deal with the fluctuation is that don't look at the SP daily, which I tend to agree. However when the SP falls consistently over a long period of time, it does raise questions. It's up to the individuals to buy/snap the share at the price he/she is willing to pay. Like many, I intend to hold the share for long term, well, at least I keep telling myself this.
I also have been looking at value investing, the famous Buffett's investment strategy and stumbled on the following website Simplywall.st and it reckons that NG's intrinsic value is only 51p, using a discounted cash flow calculation! Well, I have no idea how they work that out but some of the intrinsic values e.g. VOD or HSBA, are very believable. So I'm sitting strapped and holding my fists.
https://simplywall.st/LSE:NG./national-grid