Donation based FA TA seminar/workshop

[PATrader]

yep, i look at it holistically. dont just look at 1. I look at all 3.

I use all 3 financial statements, P&L, Balance sheet, cash flow. I use the interlocking nature of these 3 statements and make sure they tally properly for a healthy company.

I am talking about your valuation metrics la. I also know the least must see these 3 statements. They tally doesn't mean healthy or not. You must have numbers or what that says its healthy or not. What you look at ? P/B? ROA? ROE? NAV? inventory? D/E? Cash flow? If say all are "healthy", what is a good price to enter? is it over-valued? then you have to calculate fair value. what model you use? why you use that model and not others? why are there different ways of arriving at fair value? So you want to use DCF? then how you arrive at discount rate and why ? How do you know that is accurate to use? There are many to consider, friend.

 

[kebever]

Interesting thread. Would like to know more about what the smarter investors are looking at. When the details are set and the price is ok, would like to join too.

 

[wahkao3]

What do you look out for with the 3 financial statements? Why would u think of a particular company is more worth it to invest in compared to another company within the same sector/industry?

Always say must use FATA, also must share how u use the tools. Sharing is caring!

Edit: I'm a total newbie to these stuffs, so i wish to learn more. Thanks!

I am talking about your valuation metrics la. I also know the least must see these 3 statements. They tally doesn't mean healthy or not. You must have numbers or what that says its healthy or not. What you look at ? P/B? ROA? ROE? NAV? inventory? D/E? Cash flow? If say all are "healthy", what is a good price to enter? is it over-valued? then you have to calculate fair value. what model you use? why you use that model and not others? why are there different ways of arriving at fair value? So you want to use DCF? then how you arrive at discount rate and why ? How do you know that is accurate to use? There are many to consider, friend.

No worries my friends. All these will be explained in Milo's session. So sign up now!!

 

[linxiaobei]

No worries my friends. All these will be explained in Milo's session

Cheyyyyy. I thought u can give me a sneak preview. U going for his workshop also?

 

[wahkao3]

Cheyyyyy. I thought u can give me a sneak preview. U going for his workshop also?

dont dare go
my reputation here very bad
go there sure kanna bash up one

 

[stocklah]

dont dare go
my reputation here very bad
go there sure kanna bash up one

lol come lah, let meet up in real-life.

 

[linxiaobei]

lol come lah, let meet up in real-life.

Ya lor. Den can bring tea and call u master.

Edit: Joking la, FATA master. Go lah, u can don't say u r the FATA master in hardwarezone ma.

 

[stocklah]

Ya lor. Den can bring tea and call u master.

Edit: Joking la, FATA master. Go lah, u can don't say u r the FATA master in hardwarezone ma.

we are all student of the markets.

 

[wahkao3]

lol come lah, let meet up in real-life.

Ya lor. Den can bring tea and call u master.

Edit: Joking la, FATA master. Go lah, u can don't say u r the FATA master in hardwarezone ma.

both of you so nice to me, But others are not so nice.
so for my own safety I shall pass

 

[Milo-Dino]

Calculate ratios is standard formula, but how you use them for your entry is another thing altogether. That's why its subjective. Do you use ALL the ratios that are available? or just a few. Do you calculate fair value of a company based on what you see in financial reports? Do you think its that easy to calculate a REAL fair value for the company?

Erm if you want to put it that way, everything is subjective even TA.

Anyway, just because you don't use Fa, doesn't mean it's useless and that people shouldn't learn.

Just for the record, each company is unique. Each industry is unique, so ratios will vary in importance. Eg. Inventory turnover will be more important for counter like sheng siong as compared to hour glass.

N FA is more than looking at financial statements... There are other aspect to look at as well.. Like economic environment etc.

Sent from GAGT Android App

 

[Milo-Dino]

Maybe I'm noob la.. For all who think FA is not important n rubbish, u all go learn TA from Ronald k, Kebinu, Jeff sun etc etc etc better.



Sent from GAGT Android App

 

[wahkao3]

both TA and FA are important
those who say either one is not important usually are lazy to learn or research.

Then justify their laziness with some unrelated reasons

 

[PATrader]

both TA and FA are important
those who say either one is not important usually are lazy to learn or research.

Then justify their laziness with some unrelated reasons

All things translates to what you see on your chart. Even if you are good at FA, your money won't probably move the market assuming you are just a normal retailer. You will need a lot of participants who did the same FA as you to reach your conclusion. But this is not so. There are many types of participants in the market, using different methods. Some just want to trap you only. Some rich uncles and aunties don't use FATA at all.

that is why even if you yourself did your FA and say its good, price can still not conform. It doesn't matter who or what they use. All will show in your chart. Don't tell me a stock that is moving in an up trend you will interpret as down trend? don't tell me a stock that is currently breaking out you will short it?

 

[Milo-Dino]

All things translates to what you see on your chart. Even if you are good at FA, your money won't probably move the market assuming you are just a normal retailer. You will need a lot of participants who did the same FA as you to reach your conclusion. But this is not so. There are many types of participants in the market, using different methods. Some just want to trap you only. Some rich uncles and aunties don't use FATA at all.

that is why even if you yourself did your FA and say its good, price can still not conform. It doesn't matter who or what they use. All will show in your chart. Don't tell me a stock that is moving in an up trend you will interpret as down trend? don't tell me a stock that is currently breaking out you will short it?

If you are talking about Singapore market, then the volume of participants can be too small. Some really good companies may be illiquid because the big boys don't play and there isn't coverage.
But FA works more in US market.

The teaching n usage of Fa should be the same regardless of market but efficiency differs. However, it is still vital to know what kind of FA play are you playing.

As for TA, it is subjective because everyone has different ways of determining entry points.
Eg. From observation, Jeff sun likes to enter based on candles which have yet to have their subsequent confirmation candles for reversal plays.






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[wahkao3]

that is why even if you yourself did your FA and say its good, price can still not conform. It doesn't matter who or what they use. All will show in your chart. Don't tell me a stock that is moving in an up trend you will interpret as down trend? don't tell me a stock that is currently breaking out you will short it?

yes u are right
so I add TA into my analysis.
both say buy, then I buy

if 1 never say buy, I never buy

 

[Sinkie]

All things translates to what you see on your chart. Even if you are good at FA, your money won't probably move the market assuming you are just a normal retailer. You will need a lot of participants who did the same FA as you to reach your conclusion. But this is not so. There are many types of participants in the market, using different methods. Some just want to trap you only. Some rich uncles and aunties don't use FATA at all.

that is why even if you yourself did your FA and say its good, price can still not conform. It doesn't matter who or what they use. All will show in your chart. Don't tell me a stock that is moving in an up trend you will interpret as down trend? don't tell me a stock that is currently breaking out you will short it?

Well the use of FA is to be able to see the hidden potential before the market see it

 

[stocklah]

Well the use of FA is to be able to see the hidden potential before the market see it

give this guy a kopi O kosong!

 

[PATrader]

Well the use of FA is to be able to see the hidden potential before the market see it

TA also can. TA also can let you exit early. Way early before any financial results or news

Sent from GAGT Android App

 

[wahkao3]

combine TA+FA is the best. No need to debate further. This is a relevant saying so i shall cut and paste here:
==========================
My shifu say most amateur investors only look at TA. The right way is to use FA, then use TA to time

My shifu said that most amateur investors only look at TA. Most think the chart got what pattern means can huat.

He say that no FA no talk. Must first have FA. Only after there is good FA, then you wait for the right TA to enter.

TA+FA both say buy then can buy.

Do you all agree?

 

[Dividends Moderator]

Wahkao come reh, the more experienced peeps here, the more knowledge being pooled together. Who knows, we may start a hedge fund too!