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15/07/17
11:08
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Originally posted by Funkmasterjimmy
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Hi everyone's, slow Saturday so thought I'd post something which came to me and wanted to get others thoughts about it. Iv heard quite a few different analysts and fun managers etc speak to the fact that they have certain rules when they trade or on recommendations that they make to their clients.
One if these "rules" is that they won't even look at investing in or recommending a company unless the company has had three or four years of continued and increasing profits. Curious about others thoughts on how significant this may be to the amount of money pouring or not pouring into Gxy from a lot of other funds etc. I have heard this statement from quite a few commentators. Curious to get people's thoughts
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Yes they look at that. They also have other rules for eg return on equity greater then 15 , return on assets greater then 7. They look for a good growth stock.