PRICE NOT MOVING
One of the questions investors always have to ask is: what will make a share that you have bought move higher? At times the share price may already be moving, but when you find an undiscovered gem it will need something to kick-start the price. As a rule this would be others also discovering the share. But often times if you can’t see what will drive it higher, you’re better off not investing. Gooderson is one such stock. Trading on a forward P/E of around 10 times, well below t he stated tangible net asset value (TNAV) of over 150c, and being very well run, it looks like a great investment. But the stock never moves and hardly ever trades.