The past six months have presented some excellent opportunities to pick up cheap shares in great quality companies. This year so far, we have written about a number of companies, some of which we at Edge7 hold shares in.
We bought Imdex, Decmil and Maca using our metrics from our valuation methodology ‘valueEdge’ buying with a big margin of safety in each case.
We bought Woolworths using the principles we teach in our ‘DIY Value Investing Education’. Woolworths was regrettably not purchased with a margin of safety. Our Woolworths decision was not our proudest investment moment, but we still made a quick 10% profit last November using the principles taught.
So, what shares have you bought recently?
Disclosure: Dean Mico holds shares in Imdex, Decmil and Maca. Dean Mico does not hold shares in Woolworths at the present time.
This article is published by Dean Mico.
The information provided in this article is intended for general use only. The article is intended to provide educational information only. Please be aware that investing involves the risk of capital loss. The information presented does not take into account the investment objectives, financial situation and advisory needs of any particular person nor does the information provided constitute investment advice. Under no circumstances should investments be based solely on the information herein.