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  1. M

    Cheapest China Stock in the World

    Blows your mind doesn't it? How does any stock ever become so cheap?
  2. M

    Cheapest China Stock in the World

    Yes, you may! As much as you may and as hard as you want.
  3. M

    Cheapest China Stock in the World

    There are people here who are in the know huh? :D You got some of your numbers right but not all of it. Although it must be admitted that United Food is trading at this price for a reason, it would be of interest to some people here to understand why a company that is debt free and cash flow...
  4. M

    Cheapest China Stock in the World

    Annual reports for the last two years: http://info.sgx.com/listprosp.nsf/rev%20new%20ar%20by%20company?OpenView&Start=1&Count=30&Expand=11&RestrictToCategory=U#11
  5. M

    Cheapest China Stock in the World

    United Food Holdings Limited Yahoo Ticker: U01.SI The stock trades near cash and below net working capital. It has not debt and has been cash flow positive. You will not find a cheaper stock.
  6. M

    Starting Over ..............

    An honest post and one that says much about author. The attacks are also revealing but they speak to the vested interests that many people in the business have in keeping the fishes in the industry hoping, trading and losing. When done right there is little about trading that is half as exciting...
  7. M

    What formal education does one need?

    The only way to find out if one possesses the mentality and personality is to do it. But even for those who are "naturals", there is nothing about trading that comes easy. Every penny is earned.
  8. M

    Volatility puts algo trading under pressure

    Philosophy and mathematics are the same thing. Both begin with primitive definitions or axioms, and then with the application of a logical field, seek analytical conclusions about what these definitions can mean. Our "dispute" is not about the nature of inquiry, but rather, on the extent to...
  9. M

    Volatility puts algo trading under pressure

    A mathematical definition of structure always implies that certain relationships must hold. Even though we can build in a certain randomness or fuzziness, models being models, are essentially expressions of the associations between variables. The problem is that markets, as one of the most...
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