actually stocks to watch depend on your valuation criteria... what you use a a base value indicator.. Every body quotes a low p/e is the way to go... on the contrary..the reason low p/e works is because the whole investing community has agreed on "low P/E" as a standard... but i do not think it is.. coz earnings can and often are manipulated..thanx to non cash items..
I'm relying more on PSR... Price-to-sales ratio of less than one...
PSR= Maket Cap as of today/Revenues 2009
how much we are paying for kshs1 worth of revenuses... The Lower the better..preferably under 1bob.
at 85 bob kakuzi is a better bargain compared to R.Vipingo at 20....
even so..depends largely on how much you got...
use of low p/e....nah!!!!
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version