After burning my cash on subscription and so called financial advisers, I have started reading books and researching stocks.
I am trying to learn about fundamental investment strategy. The following is my strategy or strategy about the companies which I want to invest in:
- companies with market cap of around 100mill
- companies trading under pe of 8
- Directors must own significant number of shares
- Companies with low debts
- Research for companies trading at a discount
I have got number of questions:
1: Do you guys use stock screeners to screen the stock or go through each stock listed on ASX to calculate pe
2: How do you predict future earnings.
Most of all what is the starting point?
Thanks in advance for any assistance you can provide.