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31/10/10
00:24
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Gee
I have so many on my watchlist/portfolio
that I think each & everyone of them could be multibaggers
Sounds too confident perhaps
or even too cocky
there are so many great stocks & excellent advice mentioned here already
I don't think you need mine
but I hope you can consider the following when you make your final choice:
Basic fundamentals (MC, cash, resources etc)
low number of shares on issue
good management. Having excellent resource but dodgy management is like being served a wonderful dish cold......
Another one of my basic trading rules so far:
buy stocks that are still at basement/bottom price or ones that have consolidated strongly.
Don't buy or chase over-hyped stocks unless you are convinced beyond reasonable doubt the LT fundamentals or are still very cheap compared to peers.
Because the room too grow is very limited for a fundamentally excellent company but the growth elements have all been factored in current sp.
Good Luck
Hope you find dozens of multibaggers this financial year!
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