Ask Colin

In your value method you make it clear that the model is for Industrials only. Is there a model for mining stocks?

I am sure you could create one. The difference is that a miner is exploiting a wasting asset. So to value it you have to use some form of discounted cash flow model or similar idea. There are no easy to obtain data on this basis as there is for the industrials. I just rely entirely on charts for miners. However, I do not ignore the fundamentals and if the PE ratio is very high, I am looking for an expectation that production is about to be ramped up substantially.

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