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Tuesday, February 6, 2007

The greatest stock

The greatest stock I believe is Venture Manufacturing a contract manufacturer, from 36 cents in 1991, it move up to $32 in 2000 even in between the years, it give rights and bonus issues, its earning from few millions dollars increase to 115 millions dollars in 2000, making it the greatest stock of all time.

Some factors that contribute to the company success, the founder Wong Ngit Liong's father is a businessman and he had a degree in mechanical engineering. So he got an edge.

Checklist for finding stock that multiply:

Fast growth,Industry, niche, or area domination, The ability to increase earnings even during recessions, Analyst lack of familiarity with the company, Ever-growing repeat orders, 'Cookie Cutter' factors.

2 comments:

Anonymous said...

Isn't it a little late to buy Venture now then? :)

So how do you like blogging? Do you want to list yourself at http://harro.com?

Henry Leong said...

I don't recommend you to buy now, there are numerous penny stock, that had chances to multiply, stock like AFP,HTL,Sincere Watch which multiply 20 over times use to be penny Stocks.