It is that the company whose share I want to buy must be able to make more profit this year than last year because when it announces its annual increased profit, the share price will surely go up. By looking at the last few quarterly results, I can estimate whether the company can make more profit this year than last year.
I am only willing to buy the share if it is selling at a P/E of less than 10. I may buy it at a higher P/E if the company is the famous or leader of its industrial group and many financial institutions are holding the share.
My requirement is very simple. The company must have announced increasing profit in the last few quarters on Bursa Malaysia and it is selling below P/E 10.
as i mention 1 years ago,liquidity of this stock is around 2-3mil(3000 lot),& our big brother still hold majority of share,so why sell at current price when company making profit or you expect company will incurred loss in the near future?
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....
murali
5,723 posts
Posted by murali > 2015-10-09 11:29 | Report Abuse
If no syndicate will be boring even for good co....Follow the MONEY!!!!