FINTEC Global – PE 0.27. Is it “super undervalued”?

A few days ago my uncle asked me what is my thought about this company called FINTEC Global Berhad as its Price to Earnings ratio ("PE ratio") is only 0.27. Is it super undervalued and should he invest his money into this company hoping that one day the market will suddenly discover this "GEM" and … Continue reading FINTEC Global – PE 0.27. Is it “super undervalued”?

How Does High Unemployment Rate Affects Us?

On Friday, 8 May 2020, the U.S. Bureau of Labor Statistics reported that the unemployment rate in the U.S. soared to 14.7%, a high not seen since 1948, representing 23.1 million people unemployed. Unemployment rate was at 3.5% in February 2020 and 4.4% in March 2020 with 5.8 million and 7.1 million unemployed respectively. To … Continue reading How Does High Unemployment Rate Affects Us?