Posted by stockmanmy > 2017-01-16 17:46 | Report Abuse

If cannot make money from the share market, don't pretend inventing more formulas and ratios will turn a loser into a winner.

After all, pretending that depreciation, interest and taxes do not exist is also called deception. Self deception in this case.


EV, EBITA, ROIC etc...these are management tools. Tools used in managing an operation.

To win in the stockmarket game....that is a very different problem.

Posted by gohkimhock > 2017-01-16 18:28 | Report Abuse

some basic accounting is sufficient. Professor in Accounting is not a sure win in stockmarket. You need to at least know how to read the P

Posted by stockmanmy > 2017-01-16 19:02 | Report Abuse

some basic accounting is sufficient

Do not let FA be the comforter

Still need to use your brains.

Posted by stockmanmy > 2017-01-17 00:49 | Report Abuse

Engineers love their formulas
Accountants love their ratios

Armed with enough formulas and ratios, they think they can change the world.

But talking with successful people, they don't tell me about formulas and ratios
They tell me about principles to live by.

They talk about business sense.

Posted by ezobear > 2017-01-17 07:31 | Report Abuse

agree .... make the investment simple & straight forward ... OCK is a good bet for growth

Posted by Flintstones > 2017-01-17 08:15 | Report Abuse

The sifu-sifus of i3 does not use ev/ebitda. What they love to do is use annualized EPS. Specifically, take the EPS of a good quarter, multiply it by 4 times and put a PE of 10. That is how they play the game. EV/EBITDA is most useful for evaluating high capital business.

Posted by sosfinance > 2017-01-19 09:45 | Report Abuse

For Information, Axiata sold its towerco portion at EBITDA Multiple of 12.5x (based on regional reference).

Posted by king36 > 2017-03-26 21:27 | Report Abuse

Dear Sifu,

Still not sure of the difference between P/FCF & P/CF as an evaluating ratio.

Anyone, please explain.

TQ.