menggunakan PE can be misleading and also u can miss a great stock.
amik contoh MHB. PE semasa IPO listing sudah 23 pada tahun lepas padaa harga 3.61. Sekarang harga 6.54. sudah lebih 80% gain dlm masa setahun.
KPJ saya beli pada tahun lepas pada PE 19. sekarang PE 22. sekarang sudah 26% gain + dividend.
what is expensive can be more expensive and what is cheaper can be more cheaper.
dont look at PE to determine whether the stock is cheap or expensive. U can buy stock with low PE but with lousy business. also, u need to also look at peer benchmark, not comparing with other stock. what is more important, kalau nak invest, look financial stability (balance sheet, cash flow and P&L) and business prospect - economic moat.
amik contoh MHB. PE semasa IPO listing sudah 23 pada tahun lepas padaa harga 3.61. Sekarang harga 6.54. sudah lebih 80% gain dlm masa setahun.
KPJ saya beli pada tahun lepas pada PE 19. sekarang PE 22. sekarang sudah 26% gain + dividend.
what is expensive can be more expensive and what is cheaper can be more cheaper.
dont look at PE to determine whether the stock is cheap or expensive. U can buy stock with low PE but with lousy business. also, u need to also look at peer benchmark, not comparing with other stock. what is more important, kalau nak invest, look financial stability (balance sheet, cash flow and P&L) and business prospect - economic moat.
