Tools for Checking Stock or Shares

Being shares investor, we could not simply put our money without looking at their company financial status. Whether Hold, Buy or Sell, every decision is should actually made and come from the investor himself or herself.
For my Shares Starter Group, I would personally recommend Stock Hunter apps which is available in the android, is an ease to everyone to search and checking their info easily. Here are the following screen shot to take note :

a) Avoid investing PN17 company.
PN17 stands for Practice Note 17/2005 and is issued by Bursa Malaysia; relating to companies that are in financial distress. Companies that fall within the definition of PN17 will need to submit their proposal to the Approving Authority to restructure and revive the company in order to maintain the listing status.

b) Avoid investing company that are making losses every quarterly yearly.

c) Avoid investing companies with Current Ratio below 1.0
The current ratio is a liquidity ratio that measures a company's ability to pay short-term and long-term obligations. Current ratio in PN17 is easily identified which is below 1.0

There are different type of investor, 
- some investor would like to make quick money out of it
- some investor would like to hold stock for a long time 
- some investor not noticing the stock has been classified under PN17, or even delisted
- some investor would follows what other people did
- some investor did nothing

A key difference between intelligent investors and normal investors is that intelligent investors always remember that there are chances they could make mistakes in their stock selections. As in this case, to sell it at a losses instead of holding for believing it is still profiting.

A huge difference is an experienced investor would know what things to avoid and to let go within a short period of time, because this losses could be covered and replaced by the right decision of the next investment.

Stock Hunter is available here

FYI, it takes time to start with this Shares Starter Group. I have told my students do not ask which shares is good or bad, but knowing how to tell yourself the reason why you are investing it.


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