Most investors don't have time to look at the stock market every day, let alone every hour. They don't have time to compile 8-quarter or 10-year P&L spreadsheets. One of the easiest ways to narrow down the stocks to study is to use screeners or filters. Recently I stumbled upon KLSE Screener, which I find to be very easy to use. I have included it in my Resources.
I will give you 2 examples of how you can screen for stocks. If you are interested in banking stocks, you need to select Main Market & Finance and then key in the parameters. For this example, I have set the following parameters: PE between 8x & 12x; ROE > 8%; DY > 2%; and PTBV < 1x. This is what you will get.
If you want to invest in construction stocks that have been a profit track record of more than 5 years plus 2 parameters - PE between 8x & 15x and DY > 2% - you will get these 3 names.
Finally, the more aggressive players can also try out the warrant screener!! This saves you a lot of hassle to find out the warrant profile from BURSA MALAYSIA. Imagine if you want to punt on Airasia call warrants; you select Airasia & CALL and set your parameters (minimum of 100 days & premium < 20% for example). You will get this.
KLSE Screener also provides market updates, latest entitlements and quarterly results. Check out KLSE Screener today!
hi Alex,
ReplyDeleteGood day!
can you comment on Parkson with current share price (RM0.635)?
thx.