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Anonymous

02 Dec 2020

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How to read financial statements to determine if the stock is good? Any advice/textbooks/books to recommend?

What personal finance materials to recommend?

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Dave Loh

02 Dec 2020

Hi there!

You can watch this video:

What to look for in financial statements of companies you are considering to invest in
https://youtu.be/lBBXmim527A

I find that it is a great illustration and simple to understand.

Hope you find it useful!

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Sudhan

02 Dec 2020

Hi anon, you can check out "How to Read a Financial Report : Wringing Vital Signs Out of the Numbers" by John Tracy.

It's a book I read to get me started on understanding financial statements. It really drills down on how the three different statements are connected.

You could also check out Seedly's guide on reading financial statements at https://blog.seedly.sg/ultimate-personal-financ.... Other investing books that might help you can be found here: https://blog.seedly.sg/beginners-investing-books/

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WYSW

02 Dec 2020

(1) revenue i.e topline + 5-year trend

(2) net profit i.e bottomline + 5-year trend

(3) dividends ...

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