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RP.50,- Stocks - the lowest possible price at Indonesia Stock Exchange: is it worth buying?


The good thing about this kind of stocks is nothing but going up. Sound good huh?! Well, in a sense it is true but is it worth buying? If you are a good investor then you should only buy stock if the price is less than its value. Same in this penny stocks case, you should only buy the stock if the value worth higher than 50. KIJA is one of the example. According to the our Pricing Model, this stock should be worth 81 - based on 3rd quarter 2008 Financial Report. On the other hand, BTEL worth only 26. The lesson is we as an investor should do our homework in finding the true value of a stock and focus on that value not the price. Keep your risk rewarding. Play safe!!

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