Day 3: Journey to wealth creation and humble life | x to 1000x
Today, I continued to read Dr. Vijay Malik's article on Peaceful investing. Learned lot of new things. However when I ran those key-ratios into the screener.in screen to shortlist stock, I found that list is full of junk. I got bit confused here.
Are they all really junk stock which I shouldn't touch?
Or are there still concepts and ways to evaluate these shortlisted stocks which I am not yet familiar with.
So far the query I have come up with is, which is based on value investing methodology.
Price to Earning < 10 AND
EPS/Current price > 0.20 AND
Cash Conversion Cycle > 0 AND
Sales growth 5Years > 10 AND
Sales growth 3Years > 10 AND
Sales growth > 10
The screen gave me about 12 results like this
But if you notice, almost all of them are finance and trading related stocks which I personally do not prefer nor do they look good businesses to get in and invest.
I will continue to further investigate and share my findings here.
Current Amount ₹: F4240
Target goal ₹: 3B9ACA00
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