By Chris Bailey | Sunday 11 October 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I talked a little bit about deals yesterday, noting that ‘the old mantra of “price is what you pay and value is what you get” is still hugely relevant. In terms of price or relative value then the UK market does rather stand out at the moment. Elsewhere, I even used a chart in a presentation recently that showed that UK equity performance was at a fifteen year relative performance low against even Eurozone equities. Kind of embarrassing!…
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