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


To: petal who wrote (74597)12/22/2023 4:25:35 PM
From: bruwin  Read Replies (1) | Respond to of 78774
 
" ..... they seem to have made a net loss during the period 2010-2023"

Here are two historical Net Income charts for FOR courtesy of Koyfin.com.

In the first one, one can see that EVER SINCE the 2nd half of 2016, over 7 years ago, FOR has shown a POSITIVE Net Income ..... NOT ONE SINGLE LOSS and a general Upward Trend in its Net Income ---->



In the second chart one can see a minor Net Income Loss in the 2nd half of 2012 and a relatively large loss in the period 2015 to 2016 inclusive ------>



But that's about it when it comes to FOR losses .....

And when it comes to FOR's stock price performance, it seems that the "Market" couldn't care less about "Losses" that occurred over 7 years ago seeing as FOR's stock price TRIPLED over the last 13 months.

And my "box ticking" Modus Operandi looks at how a company is CURRENTLY performing as a business.
I do go back 2 or 3 years to check a company's Revenue and Net Income trend as well as to check if a company's stock price performance is in line with the quality of its recent Financial Fundamentals.
It seems to me that in FOR's case all is in Sync .......

Needless to say, should FOR's future financials show a reversal in what one sees now, I'll reconsider my investment.

It goes without saying that we each have our own way of Investing in the Market, based on what we each consider is the most relevant criteria on which to base that investment ..... as the saying goes, "You do you, and I'll do me".



P.S. Have a great Xmas.