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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: bruwin who wrote (62715)10/20/2019 2:12:13 PM
From: $Value$  Read Replies (1) | Respond to of 78774
 
I made reference to the company being in a transition period as I believe its an important trait to look at. Is that not permissible?


"What's the point of using it as some form of "Indicative Ratio" if it can VARY over the very short term ?"

I'm not using it as an "Indicative Ratio", I just thought it was interestingly low for a specialty apparel retailer.

"Here we go again .... a RATIO using the VARIABLE of "Price", which can vary on a DAILY basis. And on top of it, using the TOP LINE of the Income Statement and thereby not taking into consideration what the REST of the Income Statement has to say about the overall BUSINESS PERFORMANCE OF THE COMPANY .... which will end in its Bottom Line and the amount of Revenue available to shareholders."

I have already heavily scrutinized the company and the financials and understand accounting fairly well and don't need a lesson on interpreting the income statement. There were many other quantitative metrics I analyzed, as well as qualitative, to arrive at a decision to invest.