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Saturday, September 10, 2016
Is Yes Bank a Juicy Investment Opportunity After Recent Price Crash?
In my
opinion, a value
investor does not and should not make serious investment decisions merely based on temporary market
conditions. Of course, if ‘Yes Bank’ was already worth including in the
portfolio or it already forms part of the portfolio, based on solid merits, the
value investor would naturally pounce on such a juicy opportunity.
In my opinion Yes Bank
appears to be an efficiently private bank, but is not a part of my portfolio
because prima facie market conditions, even after the
recent steep fall, do not justify investing. Please carefully observe the
following table:
Vital Metrics of Yes bank after September Crash |
The above table makes makes our job easy and
simple, Yes Bank is still expensive and one cannot afford to invest in its
shares, despite the recent crash this week.