QUOTE(Aggroboy @ May 5 2010, 08:28 PM)
Question: How do analysts, or experienced investors like yourselves, get information beyond the Quarterly/Annual report?
For example, I read in newspaper that analysts would say company XYZ will win a new contract, or company ABC's plant utilization has increased to 75%. How do they know? Did they call the management or maybe visit their factories, etc? I wonder how do small players like me can get such information.
There is a difference between an insider investor and normal traders. Insider trader can get first hand information from the company he/she invests, relatives and friends hence can benefits from this person getting the information. We call this the whisper numbers. Some institution will do research and analysis on certain company and will come up numbers, predicting the profits and losses of the company. This is called the consensus report/estimate.
However don't be fool by these numbers, because they can be manipulated. I'm not saying it's always wrong, but you have to be careful, because people like to play the "buy on the rumors, sell on the news" game. So regardless the whisper numbers or consensus estimates being right, or wrong, the game is still not going away. They can always feed the wrong information if they wanted to.
QUOTE(qingweibuaya @ May 5 2010, 11:04 PM)
new to both here and the market ......... i wan to ask tat where i can get to know those listed company's customer , cash flow , debt etc ........
another question is when a company has a PE of negative value , is it recommended not to touch it ?
thank in advance
you have to do manual research to know about a company's ties and deals.
roughly speaking negative PE means the company is losing money, this does not determine the company is doing bad. There's much to be considered than just PE.