Sunday, March 1, 2009

SGDividends Watchlist 1 - Price per Average Free Cash Flow

Below is a list of SGX stocks which are on our watchlists. Column L (the one at the furthest right)shows the Price divided by Average Free Cash Flow per share. The lower this value, the more "value" a share is deemed to be by this valuation method. We have always maintained that this form of valuation is more conservative and better than price/earnings.See link in our step-by-step DIY investing.



Important: The objective of the articles in this blog is to set you thinking about the company before you invest your hard-earned money. Do not invest solely based on this article. Unlike House or Instituitional Analysts who have to maintain relations with corporations due to investment banking relations, generating commissions,e.t.c, SGDividends say things as it is, factually. Unlike Analyst who have to be "uptight" and "cheem", we make it simplified and cheapskate. -The Vigilante Investor, SGDividends Team

6 comments:

  1. hmmm... small little error... got the date of the price wrong... otherwise it looks good

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  2. oh... and there is another typo... your average FCF formula written is (B:J) well... it is (B:G).... hmmm... another thing is that for some of the companies with less than 5 years, u still divided their avg FCF by 5, instead of the number of years of data available. but other than that, it looks good. i love your blog... hope it gets more updates more frequently.

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  3. Hi Anonymous!

    Haha....thanks...it should be 27/02/2009 instead of 27/03/2009...seemed like we went into the future eh!

    Regarding the FCF formula..its should be (B:J) instead of (B:G)..yup...

    About the FCF dividend by 5 ...think its correct though..we just used the formula of ave(B:G)...
    Which counter is that ?

    Anyway thanks for loving our blog....dude...and give us a tinker if you spot any mistakes.. SGDividends SUCKS !

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  4. Golden Agri... I part owner of that company so I have to pay attention to what others say about my company. well... actually... a really small percentage owner of golden agri. haha

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  5. Haha...we never say anything bad in this article about Golden Agri =).... Just some data..

    Don't worry be happy =)

    SGDividends Team

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  6. Haha... I didn't mean it that way... I was just checking. I know you had no ill intentions and there are just data. haha...peace~

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