As of today, 7-August-2017, a couple of "good news" companies stood out. They are AEM Holdings (SGX:AWX) and Best World (SGX:CGN). Their earning power narrative continues despite worrying signs in their balance sheet, namely the receivables.
AEM registers a negative cash flow while Best World's cashflow is positive. Would be interesting to note this down and watch how they both end up, 1 year down the road.
I remain convinced that the stock market consistently overprice companies with brilliant prospects, and sometimes undervalued companies with dim ones. The latter, given an appropriate price, will often surprise you positively because of a number of outcomes in the future.
It is nice to buy profitable companies. The problem is that everyone knows who they are-- and it is tough to affirm if its profits are legit.
Subscribe to:
Post Comments (Atom)
-
I have sold out of all my Cordlife shareholdings at 0.24 per share. This is a pretty good annualized return of 85% from about a year of hold... -
I know some of you are reading this because Kyith wrote about XB and I was mentioned. I just want to put this up right away: I don't hav...
Mid-August Portfolio Review
I know some of you are reading this because Kyith wrote about XB and I was mentioned. I just want to put this up right away: I don't hav...
No comments:
Post a Comment