Motley Fool Multi Bagger Recommendation, page-61

Well, at the moment, I have a 18% return on my investment. Some of them is down to my own research, while the others from MF. One of my own researched companies was Nanosonics which now has made me 16% return, while ACX is down 14%.

While one of their recommendations did turn out to be catastrophic mistake, some of their other recommendations have been great. You are never going to get it 100% right all the time.

Everyone from their team looks at their reports, where the company is heading, whether it has growth in the industry, how the company intends to grow in the next few years and where it stands in terms of a competitive advantage, what's it's management structure and company structure is like, it's cash flow statement, it's balance sheet. etc. You are also not going to get good days on the sharemarket everyday and that's why it's important to fish elsewhere. ACX was well positioned at 4.50 but now it's down to 3.79. Infact, I have seen it go as low as 2.90. I had a small position at 5.42 and then it went down to 2.90. Yeah, that was not a pretty day.