Price:Book - JSE Candidates

As of 29 October 2008, over 170 (or 40%) of the JSE's 426 ordinary shares are trading at less than or equal to book value. But only 90 of these are "liquid" enough for our consideration (trade more than 3 times a day on average). Of these 90 stocks, only 27 are trading at half their asset value.

Since we showed in the previous blog entry that historically the last JSE crash showed that these types of stocks significantly outperformed the rest of the market, we are now quite interested in seeing who those stocks are today. We present them below (click for bigger view)



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