This is true, but if a stock is overvalued, it tends to move towards FV, likewise, undervalued stock tends to move up towards FV. So FV is the closest benchmark

No need other co.. just look at the earnings report only...

Me again?

Sometimes stocks are like rubber band.....

If you pull it too much at one direction it will break one...

once broken.....

no need to talk FV or what not jor....

if still do not understand...

once broken.... stay the hell out.




don't die a hero.

China shares drop over 1% as banks hit by weak data

BEIJING: China shares fell sharply on Tuesday as the banking sector took a beating after data showed the country's money supply grew at its slowest pace in more than a decade.

The Shanghai Composite Index ended down 1.4 percent at 2,101.60 points. The CSI300 of the leading Shanghai and Shenzhen A-share listings lost 1.7 percent.

The CSI300 banking subindex fell 2.3 percent after statistics showed China's money supply grew at its weakest pace since 2001 and loan growth slowed in March.

http://www.thestar.com.my/Business/Busines...t-by-weak-data/

Haha, like I said, you're the grandmaster liao.

Everything must quote u

if FV wrong leh ?

Just wondering what are the models you use to calculate FV.

Back in uni days, we were taught cash flow discounting. Uncle google says PE and forward PE

Quote gark .... Heart must be steady

you made me ,
But hor last 3 weeks already up almost 15 % every bank. So correction a bit is normal actually.

Don't worry. China can keep printing RMB as well

Keep injecting funds into banks

The human mind is strange at times....

when the stock moves up... people scared it fall.
when the stock moves down.... people scared they miss out if the stock U-turn and rise back.

why?

China bank is also like a rubber band stretched too far already... but this one not the price but the NPL...

Like Boon say.. waiting when want to snap only...

This post has been edited by gark: Apr 15 2014, 04:58 PM

GREED

Fear and greed

If FV wrong.. then dig own grave lar.. apa steady steady?

I also scared scared when see the NPL....hold these stocks for 1 and half year. Can't even beat FD.

Lee Kah Shing just cancelled many developer project in Mainland China...made me more

No. It's KIASU.

I remember.... reading recently a report saying the banks were selling under its cash per share value....



I wonder why....

From what I read, DCFA is best for mature companies. Growth companies need cash for re-investment, so cash flow fluctuates.

For REIT, net rental income...

The NPL they let you see is just the tip of the ice berg... a lot of NPL is off the books one in china.. like lehman minibonds where the FFF risk is re-packaged into a AAA investment.

Already got a few of these 'investment grade' default, but still the government cover up... the rest when want burst only.

This post has been edited by gark: Apr 15 2014, 05:04 PM