Posted by Jon Choivo > 2018-07-20 11:17 | Report Abuse

I am not saying that Vitrox is good investment. But valuation is far beyond just P/E or numbers on a screen.
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Valuations matter? Really?

People have lost half their money buying steel counters at PE 8 last year, now trading at PE 3....and people have made 100% gains buying Vitrox at high PE, now PE 30 after making 100% gain.

Posted by Karlos > 2018-07-20 11:43 | Report Abuse

At the end of the day the prices that u pay and sell the only thing that really matters. My humble opinion.

Posted by Karlos > 2018-07-20 11:50 | Report Abuse

Valuation just an academic exercise only otherwise all the prof. of finance or valuation are all making tons of money.

Posted by petvnla > 2018-07-20 11:58 | Report Abuse

I can summarize, based on reading books, good valuation is not about buying stocks based on low PE. There are still many factors to consider.

Posted by qqq3 > 2018-07-20 12:00 | Report Abuse

Value investors, contrarian investors

https://klse.i3investor.com/blogs/qqq3/165703.jsp

Posted by Ricky Yeo > 2018-07-20 12:33 | Report Abuse

Valuation of course doesn't matter, silly. Depends on what you're set out to do

To a gambler, valuation doesn't matter because they're in for the entertaiment
To a speculator, valuation doesn't matter as long someone is willing to offer a higher price
To a trader, valuation doesn't matter because they're making the difference in bid/ask price
To an investor, valuation does matter because he is owning the business.

Valuation doesn't matter, coming from someone that touts business sense is ironic.

PE is a tool to gauge the value of an asset. If the tool is misused due to the user's lack of understanding, you don't say 'valuation don't matter', you say 'the person has a false perception on how the tool works'.

Posted by qqq3 > 2018-07-20 12:43 | Report Abuse

ricky.....how much does valuation matter when don't intend to even hold for a few months?



and don't get me started on holding a share for 5 or 10 years......


that is what fengshui masters tell their customers.....so that they don't realise they have been cheated.

Posted by qqq3 > 2018-07-20 13:42 | Report Abuse

ricky

do u start with the price/ valuation or do u start with what you want / like?

I think misers and losers start with price/ valuations.....and winners start with what they want / like.........

Posted by qqq3 > 2018-07-20 23:53 | Report Abuse

loves this


http://klse.i3investor.com/blogs/guru/166204.jsp