My Trading Adventure

FocusM : Top 40 Undervalued Stocks

CP TEH
Publish date: Sun, 08 Sep 2019, 02:41 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
Following Message

End Jan 2019, FocusM came out with a list of UNDERVALUED top40 stocks ...based on PB Ratio. Data given was based on JAN 11 stock prices.

Note : for newbies, we DO NOT use PB ratio alone to value stocks, so the whole article could be misleading to many newbies.

Example ... many properties companies have plenty of unsold units ... thus high NTA. Is it misleading to use PB to value property stocks? Understand what a simple common sense to tell us who incorrect such analysis could be ... and well, the HEADLINE is misleading, of coz.


SEAL (PE 3.93 with NTA 1.21)  : was traded at 33cents Jan 11, now at same level 32cents. once 29cents broken, we shall see lower.



ATTA (PE 15.64 with NTA 1.4464) : was at 58ents in Jan 11, today ... at 41cents. IF at 58cents is deemed as undervalued, at 41cents is .... EXTREMELY undervalued? Hmm ...

I can check each and everyone ... but that is not my focus at the moment. I m going to pick only those WATERFALLS ... and here, two of them SEAL and ATTA to be added in my list. 85 now ... 15 to go by tonight.

will continue later ...

TEH


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Discussions
1 person likes this. Showing 7 of 7 comments

speakup

KNM is undervalued. Just buy!

2019-09-08 15:22

Goh Kim Hock

I don't think you are any better than newbies. Truth hurts.

2019-09-08 20:12

stkstudent

At this late,late stage of the bull market (since 2008), isnt it trivial fact that there are more n more waterfall n 'undervalued' stks n fewer n fewer stks that are in uptrend or holding above water ?
the next big move in stk markets will be steep down, (something u will preparing for, remember ?) even Trump cant do anything abt it, in fact, he shd bear the responsibility as the main catalyst fo ending the longest bull market in recent times.
Now is just trading market, still looking at waterfalls ??
Maybe just do book sharing, has more value than recycled, stale ideas.

2019-09-08 20:50

(HK1997 again) Philip

Is seal and atta considered undervalued if no one wants to buy their assets for sale? Somehow I don't think accounting methods properly underline the assets for sale of property counters.

2019-09-09 08:03

EatCoconutCanWin

ATTA doing a lot of things. apartment near sg nibong penang and hotel and restaurant at jelutong . good progress as i always go atta hotel.

2019-09-10 08:40

Blacksails

atta is sleeping now HOWEVER when atta wakes up the price could be 50% percent up from current level but u have 2 b patient Maybe wait for 6 months

2019-09-10 09:35

clp72

one also needs to look at the political aspects of these companies, especially property and infrastructure related companies..

2019-09-10 12:33

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