Yet another 'green horn' enters the forum. First, I would like to thank all the contributors to this forum, you are all a credit to the 'plain-english' speaking world. Your imput is greatly appreciated.
As someone who has yet to buy a single share, I understand how critical it is not to stumble in the beginning. Thus, I see that the difference between a 'gamble', and a 'calculated risk' is knowledge acquired through research. Here in lies my dilemma.
What are they key points I should be looking out for?
I've noticed the term 'intrinsic value' of a company used a few times now, and if used to calculate the real value of a share, will let you know if you're getting a bargain. I cannot seem to figure out how to get this figure.
Company asset value minus debt divided by no. of shares + P/E ratio average = Share worth? (+multiple other factors)
Am I on the right track? If so, where can I get these figures??? Or, is it something else I'm missing all together?
Any guidance will be appreciated. Thanks very much.