I need a little help

mbanjum · #1 17th October 2006, 03:06 PM

Hello everyone,

I am new to investing and this group as well and found this group very helpful and interesting. I know there are geniuses also in this group who can help me and take the pain and time to help others, which in fact is all this forum about, helping each other.

As I told you guys, I am new to investing and have read the book "How to Make Money in Stock Market" by William O'Neill. I found that book interesting and would like to try it. First, I would like to start with a little long-term investing and then I will try to do interday or intraday because I have not yet understood them or the market and I am not so confident. I know it will take some time and I am really working towards that and would like some insight of you geniuses on this.

Now, the problem I am having is manipulating the data. I am not so good with numbers. I know I can do it, but the problem is if I try to do it on my own, it will take much time rather someone assiting me.

In this book, author has stated EPS as the main criteria for selection of companies, as many of you may know, I think most of you have read that book, right? Any other books someone recommend for a newbie like me.

The problem is I am having a great difficulty with selecting companies which have meet this EPS criteria.

Hope I have conveyed my question well and and expecting answers.

Also, this is my first post and hope this is in a proper section. I am sorry if it is in a wrong section.

arsulaim · #2 18th October 2006, 10:05 AM

hi nmanjum

welcome to forum.

i too a new participent in this line of business. what i do in picking up any scrip with the highest p/e and then analysing and watching it regularly. but dont ask how to analysis a scrip,

that will be advised by some other senior members. hope seniors are hearing....... tks

mbanjum · #3 18th October 2006, 03:22 PM

Thanks Arsulaim for the reply. Waiting for more replies.

Come on guys, there are 12,013 members in this group. Someone needs your help.

A little help would be greatly appreciated.

Thanks in advance.

ramkumar84 · #4 21st October 2006, 05:59 PM

hi ,
u can get more info in Basics.. EPS, P/E Basics.. EPS, P/E under EQUITES section i have found ,a member named saga364 have given explaination
Its simple and clear explanation given by him

musicjunkie · #5 2nd November 2006, 12:13 PM

Hello im new to the world of trading too

although i am a short term trader and dont use values like EPS i will still try to assist you in finding EPS data.
IF I AM NOT MISTAKEN the newspaper "The economic Times" on 2 pages or so gives high,lows,current marketprice and P/E ratio of each company. If you find a good company then you can use the bse website, http://www.bseindia.com to get further information of the company to calculate your EPS.
I know its a long process but if you are investing for the long term then its a onetime job afterwhich you can forget about the stock.

MusicJunkie

mbanjum · #6 2nd November 2006, 07:57 PM

Thanx a lot,

That was a very good and helpful piece of info for me.

Awaiting more of these.

Thanks

tushar72 · #7 6th November 2006, 11:42 AM

Hi,

I am a new member and new to stock market too. I found this forum interesting and would like watch for some more time before i give comments on anything. I would like to ask one question on Aarti industries. Is it good buy at current price of 36

vicky_harsh · #8 22nd November 2006, 08:42 PM

Tushar,

don't get into aarti industries.

For all other members,

Just a small intro. My name is Harsh and i'm from Bangalore. Have been in the stock market for 6 yours and understand the markets very well.

EPS is nothing but Earning per share. All u need to know is that EPS needs to be high and P/E needs to be low.

let's say you decide that you need to buy stocks in cement sector. then you need to pick the stocks with higher EPS and compare each of the stocks based on the p/e ratio. You need to look at the consistency in delivery the EPS.

At the same time you need to look at the equity to sales ratio. the higher the ratio it's better.

You need to look at the divident history of the company to see if they are investor friendly or not.

You need to keep an eye if the Promoters are diluting/ incresing their stake quarter by quarter. If the stake of the promoters remains stable quarter to quarter that's not a worry.

You can buy the below stocks

Lok Housing & Construction (BSE stock) cmp is 338
OCL India( Orissa Cement- bse stock) cmp is 175
Indian Hotels- cmp is 150
Shree Digvijay cement- cmp is rs.29
Nesco india( Bse stock) CMP is Rs.800

Happy luck investing

Cheers,
Harsh

darsh_goswami · #9 26th November 2006, 06:07 PM

Hi To All Friends ,...

Reply To The Author Of This Thread ... --> As U Said That There Are More Then 12000 Members In This Group But U Didnt Get The Help Such Way U Wanted It To Be... May Be Ur Right ,... And The Only Reason I Could See In It Is Just Becoz Ur Thread Is At Wrong Place ... U Should Have Posted It Into The Analysis Section In Fundamental Analysis ,... N I Don't Think After Reading That Forum U Would Have Posted This One .. ( I Never Read It , Coz I M Not Into Fa )

Anyways Bro ... I Wish If I Could Help U With Chart Readings As Bein A Ta... But Sorry I Cant Help U With Fund. Ana...

Regards ,..
Darsh

johnbest · #10 26th November 2006, 10:02 PM

Quote:

Originally Posted by mbanjum

Thanks Arsulaim for the reply. Waiting for more replies.

Come on guys, there are 12,013 members in this group. Someone needs your help.

A little help would be greatly appreciated.

Thanks in advance.

dear You're right....number of members.....
do one thing.....start searching this beautiful forum.....
and you'll get more than what you thought.....
experiencing since last 7-8 months....