Guide to researching shares – Forbes Advisor Australia
Gathering specific data on the shares you are considering buying is a crucial phase and not a period to be rushed. Here are easy-to-access resources that you can use to get started.
Study Annual Reports
Australian companies that are listed on the sharemarket are required by law to produce annual reports, usually at the end of the financial year, and these are a goldmine of information for new investors.
Make sure you look at historical reports, too: don’t just train your attention on the most recent annual report, but try to access reports from a few years back so you can get a complete picture over time.
The annual report includes a dedicated financial overview that features a comprehensive income or profit and loss statement,…
