HI DK, im interested to be added into your group

Lol I see, false alarm. thanks mate

Hi, let's say I bought 600 units at rm3.00, so now aversge buy in price becomes 1200 unit @ rm1.50, correct?

However I just checked my trading account. It didn't show such changes, and instead of gaining I'm now at loss.

Trading volume today was little, could it be possible that some investors were pressing down the price?

thanks for your reply kcchongnz. may i know what's the formual of Excess Cash that you are using?

Hi Sifu's, im seeking advises. my average cost is rm1.79 while the current price is rm1.55, i have sustained a considerable loss. Should i sell it and wait for lower low to buy in or should i just keep and wait for rebound?

Please forgive me for posing this stupid question.

I came across explanation of ROIC formula from oldschoolvalue.com by Jae Jun. His formula on Invested capital is quite similar to yours, but he minus Excess cash at the end of his formula. Is Excess cash important?

And his formula on excess cash is so complicated that eventually he changed the formula of Invested capital to,
Invested Capital = Total Equity +Short Term Debt + Capital Lease Obligations + Long Term Debt

Can you shed some light on this? I was reading your article on ELSOFT evaluation by using ROIC, i am hoping that i can use the indicator as you did and yield the same value