Tuesday, January 18, 2011

Small retail investors beware on SAAG - Don't try to be the last FOOL

SAAG was introduced to me last year by someone close. After I went through its annual reports and financial statements, this stock is not good fundamentally.

Another critical point to note is that SAAG likes to issue new shares to generate additional funds for the company. Business exists to make money, but why SAAG always like to "ask for money" from
its shareholders?? The increased number of shares, which is significant, will surely dilute future EPS.

For more information on SAAG - read all the articles on SAAG posted by Moola. He's very good at analysing companies' financial performance, especially companies with weak balance sheet.

Click here: Articles on SAAG

So you still want to be the last fool?? Do your homework before investing.

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"There is the plain fool, who does the wrong thing at all times everywhere, but there is also the Wall Street fool, who thinks he must trade all the time. No man can have adequate reasons for buying or selling stocks daily - or sufficient knowledge to make his play an intelligent play." - Jesse Livermore