hi intelligent investor, have you been to any of the casino before? you can know the difference between online gambling and casino once you step into the casino, i think.
Dangerous stock, NTA 0.13 with price to book of 1.42 times. Economy downturn may hit the prospect. Dueterte whack on drug, now smoking also whack, next maybe gambling also. High risk.
based on 2015 figures: EV=199.23M, EBIT=25.111M, EV/EBIT=7.93 which is considered fair value only... there is no margin of safety buying at this price... P/BV=1.48... also shows that it is not cheap...
Shld focus more on cash flows! Earnings can be manipulated! Like how keen hide their great cashflows! Also how other companies hiding their great wealth under the sun!
paparplane and kai sifus, the reason why i do not like to use DCF model is that there are too many assumptions we need to make..such as what is the growth rate, discount rate that you want to use... we must be very careful in assumptions, else garbage in, garbage out...
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Benjamin_8888
403 posts
Posted by Benjamin_8888 > 2016-10-11 16:01 | Report Abuse
Lol