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Best Singapore Stock Screener?
19-02-2020, 09:04 PM. (This post was last modified: 19-02-2020, 09:04 PM by dreamybear.)
Post: #71
RE: Best Singapore Stock Screener?
This thread has been dormant for a while. I am also struggling to find a screener that includes screening stocks that are Net Cash(Cash - borrowings), Cash(Cash - total liabilties), Net Cash > Mkt Capitalization, etc.

I find that most of the screens offer pretty standard filters(e.g. P/E, P/B, ROE, yield, etc) but those are incomplete to my criteria.  Sad

Any ideas ?

Or do we have to build our own program to download data from data sources(maybe Bloomberg, etc) and manipulate the data ourselves ? Confused 

Thanks in advance. Heart

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20-02-2020, 08:09 AM.
Post: #72
RE: Best Singapore Stock Screener?
I think if you're willing to pay, there are some which may fit your criteria. I'm not sure though.

I'm usually worried about the quality of data produced by screeners, because I believe most of them are operated by bots which just cut and paste data without necessarily understanding the nuances of the different accounting items.

For instance, a company with high unbilled receivables but low trade receivables may be computed by the screener to have a fast -- and hence healthy -- turnover of trade receivables.

To avoid being possibly mislead by their data and analysis, I only rely on the main source. This bring us back to the annual report.

Similarly, certain companies whose earnings and assets are hidden by accounting procedures (e.g. one-off impairments, asset valuation at historical cost, etc) will probably not show up in your, say, "lowest p/e" or "lowest p/b" screen. But the market knows this, which is why they're trading at higher than what may seem to be normal p/e and p/b, and not in the "lowest p/e" and "lowest p/b" screens.

So using screens can also cause you to lose out on some of the good catches.

The safest way is to go through each company with a fine-tooth comb. It is tedious at first, but do it often enough and you'll become very quick in knowing if you're looking at a potential investment candidate.

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20-02-2020, 04:49 PM. (This post was last modified: 23-02-2020, 04:56 PM by soros.)
Post: #73
RE: Best Singapore Stock Screener?

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