If making money in the stock market is as simple as tabulating historical eps divided by share price and conclude the one with the highest ratio is "cheapest", then everyone can become rich without working hard. Do we still need fund managers and analyst are redundant?
Prestar EPS 7.21 ssen overtake AYS EPS 6.51 sen for this quarter, Dividend higher at 2 sen vs AYS 1.5 sen, Share price also cheaper at 61.5 sen compare to AYS 68.5 sen, Director keep buying prestar at 60 sens.
All steel prices are in downtrend mode, when down trend, materials which bought at higher price is now selling at the lower end product price, making profit margin squeezed.
When price up, material bought cheap can sell higher, it is common to see all steel companies did well when price up, did terribly bad when steel price down
up to no this old age still do not know some stocks are trading at so call cheapest for very good reason behind, what to do? either you are s..... or s....... lol
now con ppl to buy AYS so he can take profit. same modus operandi over the years but comforting to see in the comment thread that many has already seen thru his tricks
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Posted by hpcp > 2021-11-23 14:31 | Report Abuse
If making money in the stock market is as simple as tabulating historical eps divided by share price and conclude the one with the highest ratio is "cheapest", then everyone can become rich without working hard. Do we still need fund managers and analyst are redundant?