Assessing a company’s risk
Dear MM I’ve been a subscriber for quite a few years now and I love getting your views on the market on a daily basis including the end of day take on developments on various companies. I often can’t make sense of company reports etc and really value your take on developments particularly concerning companies I own. I always like to hear what Shawn has to say on the macro front, and everything else for that matter. I am uber impressed by your prodigious output, and it’s quality. It’s also a huge plus for me that you keep us subscribers updated as to buys and sells, not that I usually follow suit though often down the track wish I had. I didn’t set out to blow so much smoke at you, the reason for my message was prompted by your recent mentions of a couple of potential turn around companies whose share prices have plummeted, specifically NEC and RFG. Having been burnt in the past by companies that have gone under I’m wondering how you assess the degree of risk of such companies? Regards Pietro
