Investments: Companies In View, New Ratios.
Its really tough to find undervalued companies now, as the market is continue to boom positively, as stated in http://extraordinaryprofits.blogspot.com/2007/06/stock-alert-update.html. However there are still a few companies which I want to look into and research, they are:
1) WesTech Electronics
2) Aussino Group
3) Courage Marine Group
In addition to that, i would like to include a few more financial ratios that i understand recently. They are price/cash flow per share (lower that P/E is a signal), current and quick ratios (measuring the company's liquidity, of course higher the better), and dividend yield (for long term holding).
Plus, the next research, i am going to include something call the industry average as well, as i felt that it would be more indepth if i can compare my research results with the overall industry competitiors as the subjectivity will come into place.
Stay Tuned!
1 comment:
Hello. Excellent picks. I happened to be looking at Courage Marine too. Price-NTA ratio may be a bit high, but PE is relatively low at 8. Courage has spiked up in the last 1.5 weeks.
Noel Gifts in your earlier post is extremely attrative too, give that the FY is ending in June, and full year results will be out in Aug.
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