“MyFinB Machine Can Generate Winning Stocks”
More than 60 Selected Malaysian Equities Generate above Average Returns
Kuala Lumpur, Malaysia, 27 July 2017 – “We believe that Artificial Intelligence (AI) is catching up fast to become more objective and focused compared to humans when it comes to selecting stocks that have good balance sheets yet remain undervalued by the market,” according to MyFinB, an up and coming global A.I start-up that also has KL operations.
MyFinB utilises its proprietary ratings-driven, Natural Language Generation (NLG) engine that comes with predictive models for screening stocks that have sound balance sheet relative to the industry norm; as well as stocks that are “cheaper” than their peers – in order to make an investment decision.
MyFinB has been conducting investment workshops to numerous participants in Malaysia – as part of its outreach to educate retail investors on how to invest smartly using its scorecards. More than 100 trainees have attended its programme since November 2015 and the stocks selected during the workshops have yielded more than 20% absolute returns on average.
Nazri further adds that since loan evaluations “can take two to four weeks”, those who are eligible for funds and need them quickly to meet working capital needs are penalised.
Some of the verbatim feedback are listed below:
“I find this course interesting because this course is able to arm me with technical knowledge of how to make wise investment decision.” – Aida Mo
“Opens my mind since I have zero knowledge in stocks.” – Hazwan Syahmi
“Very structured concept easy to understand.” – Norhaniza binti Rizuan
“This slot gives me confident to analyse stock market before investing. I hope I can continue learning to become a good investor.” – Mohd.Omar bin Saip.
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MyFinB sets out the vision of helping more than 100m businesses worldwide make sense of their financial statements using its proprietary Artificial Intelligence (AI) and Natural Language Generator (NLG) engines. With regional headquarters in Singapore, Malaysia and UK, it serves four segments (financial institutions, accounting and consultancy firms, government agencies and enterprises) globally – and help them achieve higher productivity, lowered risks and better shareholder value.
For more details, please visit www.MyFinB.com and email: corpcomms@MyFinB.com.