Homepage
PR Newswire
Just to share my thoughts, please don't take many of the brokerage analyst reports too seriously (especially those released on research remisier).
When I started out, I assumed the brokerage reports were one hack of good reports. But alas, I learnt the hard way and have lost a fair bit on following our local brokerage reports. In my view, the views of these reports lag the counters by 6 months. I think many forumers will notice often the brokerages issued reports are always "buy" and rarely sell. When brokerages issue hold/sell calls for a particular counter, the counter would have long tanked far below their previous prices when the same brokerages were issuing buy calls.
So please, take brokerage reports lightly. Always do your own due diligence
When I started out, I assumed the brokerage reports were one hack of good reports. But alas, I learnt the hard way and have lost a fair bit on following our local brokerage reports. In my view, the views of these reports lag the counters by 6 months. I think many forumers will notice often the brokerages issued reports are always "buy" and rarely sell. When brokerages issue hold/sell calls for a particular counter, the counter would have long tanked far below their previous prices when the same brokerages were issuing buy calls.
So please, take brokerage reports lightly. Always do your own due diligence