QUOTE(~Curious~ @ Jan 6 2020, 10:38 AM)
lol..i second that..still need to do our own analysis..
btw sifuu2s here,how to sort of screen out the stocks to buy?as a preliminary list b4 diving into the PE,PB stuff..
My personal view,btw sifuu2s here,how to sort of screen out the stocks to buy?as a preliminary list b4 diving into the PE,PB stuff..
PB figure is one of "weakest" indicator, and nowadays market doesn't emphasis too much on book value issue.
Market cares more about company on going forwards profitability and dividend yield.
Book value is something only good of viewing only.
Also, book value can be wiped off instantly, if a particular company business is out of favour or drastic changing business environment/industry.
Nowadays, we needs to look at specific company with specific purpose, generating a list of low PB, PE and think those at top list one good for investing, is a dangerous method and can easily fall into so called PE and PB trap.
Jan 6 2020, 04:26 PM
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