Anyone think that the market is irrational right now?
Weak economy, retrenchment yet STI still manage to rally
Should i fear now ?
Anyone think that the market is irrational right now?
Weak economy, retrenchment yet STI still manage to rally
Should i fear now ?
Anyone think that the market is irrational right now?
Weak economy, retrenchment yet STI still manage to rally
Should i fear now ?
I'm not sure if it's really a bull run or irrationality, but I'm slowly taking some profits off the tableAnyone think that the market is irrational right now?
Weak economy, retrenchment yet STI still manage to rally
Should i fear now ?
Market might be slightly overbought at the moment..expecting a pullback. when the pullback comes, I would be watching for sectors that has underlying strength.
Can u define good?any good counters to look out for that are around 40-60 cts?
any good counters to look out for that are around 40-60 cts?
any good counters to look out for that are around 40-60 cts?
A little follow up on my previous post. I feel that market is looking looking to go higher but i am bearing in mind that 3100-3150 is near the corner and this level is quite significant. I believe market is looking for a sector to lead it higher. My gut feel is telling me that the O&G might be the one?
Saw the good result in HMI. Lets see how it trades tomorrow.
As I've mentioned, I am doing a once a month screen of currently undervalued stocks. If you guys find the information useful, I will do a monthly post on this. This is the first 4. I will post more as I find them.
I mainly focus on Enterprise value/ebitda, Price to earnings and Price to book ratios for my valuations. They must be either fairly priced, or substantially underpriced to make my criteria. Numbers are my own estimates, and it may be a little different from whatever platform you are using.
1) PEC
EV/Ebitda: 0.03
Price/Earnings: 8.9
Price/Book: 0.67
2) China Sunshine
EV/Ebitda: 3
Price/Earnings: 6
Price/Book: 1.04
3) BHQ Sunningdale
EV/Ebitda: 3.3
Price/Earnings: 7.7
Price/Book: 0.72
4) YangZiJiang Shipbuilding
EV/Ebitda: 4
Price/Earnings: 14
Price/Book: 0.75

