Which Industry Should You Pick?

Foreword from ShareInvestor
This article “Which Industry Should You Pick?” by Cai HaoXiang was first published in The Business Times on 22 Apr 2013 and is reproduced in this blog in its entirety.

Investors need to understand the opportunities and threats present in the industry that a company is in, says CAI HAOXIANG
LAST week, we …

Continue Reading →

It’s A-ccrual World

Foreword from ShareInvestor
This article “It’s A-ccrual World” by Cai Haoxiang was first published in The Business Times on 04 Aug 2014 and is reproduced in this blog in its entirety.

LOOKING at my monthly Internet and handphone bills one day many years ago, I was stumped when recording them down. For …

Continue Reading →

Getting The Hang Of Accruals

Foreword from ShareInvestor
This article “Getting The Hang Of Accruals” by Cai Haoxiang was first published in The Business Times on 04 Aug 2014 and is reproduced in this blog in its entirety.

Timing issues over revenue and expense recognition and cash movements underpin accounting,
says CAI HAOXIANG
ACCRUALS are one of the most …

Continue Reading →

Mind Cash Flow Sleight-Of-Hand

Foreword from ShareInvestor
This article “Mind Cash Flow Sleight-Of-Hand” by Teh Hooi Ling was first published in The Business Times on 24 Apr 2004 and is reproduced in this blog in its entirety.

Useful as cash flow statements are in describing a company’s health, they can give a distorted view. So don’t …

Continue Reading →

A Primer On Stock Valuation

Foreword from ShareInvestor
This article “A Primer On Stock Valuation” by Cai Haoxiang was first published in The Business Times on 08 Jul 2013 and is reproduced in this blog in its entirety.

Predicting how much a company is worth is an imprecise science, says CAI HAOXIANG
I AM writing this from 30,000 feet on a …

Continue Reading →

Watch PE When Valuing A Company

Foreword from ShareInvestor
This article “Watch PE When Valuing A Company” by Teh Hooi Ling was first published in The Sunday Times on 16 Dec 2012 and is reproduced in this blog in its entirety.
Markets jack up the price earnings ratio in expectation of growth and this, in turn, boosts the …

Continue Reading →

Dividend Analysis

With the US financial crisis meltdown in 2009 and the on-going Europe sovereign debt crisis, dividend plays have been garnering a fair bit of attention for some time. This has resulted in a low growth and low interest rate environment and has sent investors over the globe seeking higher yielding …

Continue Reading →

What Is Price/Earnings (P/E) Ratio?

What Is Price/Earnings (P/E) Ratio? 
Price/Earnings (P/E) is a valuation metric based upon the expected future earnings of the company as perceived by the market. Expressed as a price multiple of the Earnings Per Share (EPS), the multiple represents the number of years of today’s earnings it would take for the …

Continue Reading →