Shares & Derivatives
WILL YOU BUY this POTENTIAL 685% MULTI-BAGGER?
By Singapore Stocks Investing (SSI)  •  December 30, 2016
When it comes to valuing a stock, to determine whether an entry price is a reasonable one to pay for the stock, there are many common metrics used by investors. Price-to-Earnings ratio is one and Price-to-Book ratio is another as well as how low the price is against its historical price. Of the above metrics, one popular ratio used by investors is the Price-to-Book ratio since this ratio determines how much discount or premium a stock is trading against its book value and this ratio needs no comparison with similar metrics of other stocks.On the internet forum, I have read a post by an investor saying that he would be buying one stock as the Price-to-Book ratio is at a low 0.146. From this perspective, if the stock is to realize its book value, it would become a 685% multi-bagger. So what is this stock? Well, this stock ......
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By Singapore Stocks Investing (SSI)
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