Friday, February 05, 2016
In Skaffold’s November 2015 webinar we highlighted some of the themes and sectors that were ripe for growth in 2016. One of those was the education sector, which was set to benefit from the strengthening middle class in China and their increased focus on discretionary spending as well as the lower level of the currency.
The stock we highlighted within the education sector was Navitas (CODE:NVT).
Friday, January 29, 2016
What does the wild ride on stock markets since 2016 began really mean for companies listed on the ASX and globally? We will start to get a clearer picture over the coming month as companies release their financial reports.
Skaffold’s free reporting season calendar is your go-to place for ASX company reporting dates.
For Skaffold members, the best way to identify new opportunities during reporting season is to set up a stock alert. If you’re on the hunt for stocks to buy this reporting season, we have a suggested alert, read more.
Friday, February 13, 2015
If you have Stock Alerts set up to check when new financial results flow through Skaffold, Skaffold Scores update and companies in your portfolio release new ASX announcements, you're already saving yourself a bucket load of time.
If you haven’t set up our suggested Stock Alert for reporting seasona yet, here’s a quick recap of what has changed in Skaffold over the last week or so.
Monday, March 24, 2014
If you take the 170-odd stocks that Skaffold currents rates as investment grade (A1, A2, B1 and B2) and then filter those with both a positive safety margin – trading at a discount to their intrinsic value – that are also forecast to grow their intrinsic value, we’re left with only a handful of stock to invest in. All things considered, these are the best quality companies that value investors could justifiably contemplate buying at current levels.
However, it’s important to remember that the share market is a constantly moving feast, and that companies can move in and out of investment grade status, as measured by the Skaffold Score, each reporting season due to any number of macro influences and company specific dynamics.
So with that in mind, we decided to go in search of companies that could potentially be knocking on the door of investment grade status if their fortunes continue to improve.
Friday, February 14, 2014
New opportunities were thin on the ground this week, with the majority of companies to report experiencing deteriorating Skaffold Scores. Many stocks also continue to trade at large premiums to Skaffold’s intrinsic value estimates.
After 6 years of membership in Skaffold’s premium group of companies, Domino’s Pizza Enterprises (DMP) has declined to B3.
This is a great example of Skaffold’s ability to demystify company results and present the facts of the case, so to speak.
Monday, February 03, 2014
Following four years of achieving Skaffold’s second highest score for balance sheet quality and business performance, debt purchase and collection business Credit Corp (CCP) has declined to A3.
50 companies updated in the United States instance of Skaffold Global over the weekend, including Google (GOOG), Amazon.com (AMZN), QUALCOMM (QCOM), 3M co (MMM), Mastercard (MA), Colgate-Palmolive, Time Warner Cable (TWC), Harley-Davidson (HOG), Under Armour (UA), Whirlpool Corporation (WHR), Citrix Systems (CYXS) and McCormick & Company (MKC).
Thursday, October 10, 2013
Have you checked out Skaffold’s new portfolio management tool? It was released a week ago and based on your feedback so far, its proving be a really handy tool to track portfolio performance and make those all important portfolio management decisions.
You can now add multiple transactions, specify the date and price you paid for the shares, and add sell transactions. Skaffold will track your portfolio’s performance and most importantly, let you know how the portfolio is forecast to perform over the next couple of years plus estimate the dividends your businesses are forecast to pay.
We’ve put together some tips to help you get your portfolio set up correctly. Depending upon the size of your portfolio, and how frequently you trade, you’ll need to set aside around half an hour for the initial set up. Once its done you’ll be able to clearly see which of your holdings may be candidates to sell, if you’re overweight or underweight in a particular sector, and which stocks are dragging down the future growth prospects of your overall portfolio.
You’ll also be able to set up custom alerts and be notified when share prices move above or below specific thresholds, if valuations change overnight, and when new annual or interim reports are released.
Friday, August 30, 2013
At the start of August 33 top stocks were rated A1 by Skaffold, and another 94 were rated A2. Fast forward to close of trade on 28 August and 30 companies achieved Skaffold’s premium A1 Score for balance sheet quality and business performance. 80 stocks are rated A2.
Running a quick filter in Skaffold for A1 top stocks, then switching to the Table View to find those forecast to increase in value over the next few years, 21 A1 stocks remain. After a closer look to determine which companies have updated in Skaffold based upon their latest financial results, we are left with 13.
Of the 80 stocks rated A2, Skaffold forecasts positive growth for 53.
Thursday, August 08, 2013
Overnight annual results for Credit Corp (CCP), Agricultural Land Trust (AGJ), Diploma Group Limited (DGX), Fortunis Resources Ltd (FOT) and Matrix Metals Limited (MRX) flowed through Skaffold.
While Credit Corp reported a $5.4 million increase in Net Profit After Tax (NPAT), the company added $9.5 million in debt to its balance sheet. According to Skaffold, future forecasts for return on equity (ROE) and Intrinsic Value are rising marginally.
Wednesday, August 07, 2013
Full year results for more than 20 companies have now updated in Skaffold. Transurban Group (TCL) sustained its less than impressive Skaffold Score for business quality and performance whilst Education provider Navitas (NVT) generated a return on equity of 31.5% and retained its A2 Skaffold Score.
Yesterday Downer EDI (DOW), Cochlear (COH), Iress (IRE) and Credit Corp (CCP) released their latest financial results.
Iress confirmed its acquisition of UK financial planning software company Avelo for a cash purchase price of £210 million (equivalent to AUD $360 million). Like its A1 peers, the market has already aware of IRE’s impressive performance. The share price is trading at a 50% premium to Skaffold’s intrinsic value estimate of just under $4.00. Is IRE another stock for the watch list should a market correction occur?