Thanks Dato Eu for the sharing. Seems like an average ROE of above 10% is one of your screening criteria for fundamental analysis. Does this mean you wont look for rather newly listed company (listed on bursa Malaysia less than 10 years)? then companies like UWC and Greatec which both have a decent average ROE of over 20% will be out of your radar?

The key to fundamental or value investing is to look at the prospects and use this to estimate the business value. Then if the market price is lower than the business value you buy and wait. Business has its ups and downs and I rather look at companies with a 10 years history to judge whether the future is going to be better or worse. I value them using the historical data. So if I have a margin of safety based on the historical data and I think the future will be better, I am on safe ground. The challenge with newly listed companies is that there is not much history for this sort of analysis or judgement. You rely on management. There are over 1,000 Bursa companies. Why look at the ones that is hard to analyze when there are others to chose from? Afterall my target is just to look for 30 companies.