Thursday, March 13, 2014
With the valuations of ASX-listed companies looking increasingly stretched, it’s more important than ever to use Skaffold’s filters to flag which stocks to avoid in 2014. The filters built into Skaffold stock research software help to remove stocks from your radar that aren’t regarded as investment grade – which by Skaffold’s measure is limited to stocks with an A1, A2 or B1 and B2 rating of balance sheet quality and business performance.
Removing ratings that don’t make the grade culls the stocks you should be seriously looking at down to around 160, which is only 10% of the 1,770 ASX-listed entities rated and evaluated by Skaffold’s automated algorithms.
Remember, even good stocks can and do lose their investment grade status for a myriad reasons, which surface following the release of interim and full year results.
Monday, October 28, 2013
While Nine’s IPO offer documents are yet to be lodged, the market expects Nine’s float to proceed mid December. If the success of recent floats, including insurance broker Steadfast Group (SDF) and fertility clinic operator Virtus Health (VRT) are anything to go by, the timing of Nine’s float looks about as good as it gets.
Nine’s metropolitan free-to-air TV advertising market rose just above 9% in July which, due largely to election advertising, delivered the best monthly performance in three years. Nine’s share of the market rose 11.6% in July from a year ago to 37.7%, in part due to the Ashes cricket series, which helped it win market share from (number three-ranked) rival Ten Network.
Due to its prominence as a household brand, the Nine float will capture broad investors interest. Due to its sheer size some fund managers will be unable to ignore it.
If you’re serious about participating in the Nine IPO, we’ve put together a checklist of the float details need to pay specific attention to.