Friday, August 19, 2016
Over the last week a number of big name companies were updated in Skaffold including BHP Billiton, Telstra, Mirvac and QBE. Some other popular stocks that reported this week included JB Hi-Fi, Dominos and Magellan Financial Group. Also discussed a video are REA Group, JB Hi-Fi and Nick Scali.
Friday, February 19, 2016
Reporting season is in full swing now and Skaffold scores for many stocks have been changing. A few standouts have been Dominos (CODE:DMP) which went from B2 to A1, Cochlear (CODE:COH) remained B1, Commonwealth Bank (CODE:CBA) and K2 Asset Management (CODE:KAM) fell from A1 to A2 and GBST Holdings (CODE:GBT) fell from A1 to A3.
Tuesday, February 24, 2015
When it comes to rebalancing your portfolio, do you rely on stop losses to tell you when to sell a stock? How is your position size affected by cash holdings? How actively do you trade? How can I use historical market performance to build a portfolio today? When do you sell?
Following a jam-packed hour of insights from Roger Montgomery and Chris Batchelor, our latest webinar ended with a live Q&A session Roger Montgomery.
Tuesday, September 30, 2014
We had the great pleasure of interviewing financial journalist Trevor Hoey at Skaffold’s recent webinar. Trevor gave us his insights on what sort of things he looks out for when researching into the next hidden gem of the future. With a focus on small to mid cap companies, this post of a three part series focuses on the red flags and dangers and also what to look out for when searching for hidden gems of the future.
Thursday, July 17, 2014
This morning I read an article by Susan Tammell CFA that was published in the March/April 2014 issue of the CFA Institute magazine. It was a headline on the cover that first caught my eye… What makes a “Quality” stock?
“It’s pretty hard to become a quality company and it’s hard to ‘un-become’ a quality company. High-quality companies are long-term generators of capital. That’s worth something to me.”
There was a light bulb moment. The article referenced academic research that described, to a tea, why we built Skaffold. It also reminded me that in rising markets, patience is the key to long-term outperformance.
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.
Tuesday, February 18, 2014
If Domino’s Pizza Enterprise’s (DMP) result last week proves anything to investors it’s the danger of first impressions, and while they arguably count, they’re not always as good as they appear. Despite being slightly short of market consensus forecasts, DMP's share price jumped over 12% following headline reports of its 38.8% increase in interim underlying net profit after tax (NPAT) of $20.2 million, plus upbeat commentary around new store roll-out plans.
After one-off costs of $2.7 million, Domino’s bottom line net profit was up 28.2% to $18.6 million. But once Skaffold’s automated engine sufficiently scratched behind the top-line numbers, the stock research tool had cause to downgrade it from an A2 to a B3 rating, and as such the pizza retailer is not currently regarded as an investment grade stock - which is exclusive to A1, A2, B1 and B2-rated stocks.
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.
Tuesday, December 10, 2013
Despite popular belief, debt is by no means a dirty word when it comes to running a business. Indeed some businesses effectively utilise debt to accelerate growth.
But if the managers of your businesses don’t effectively manage the level of borrowings, they can easily undermine the overall value of your share investment portfolio.
Figuring out whether a company is self-funded or relies on external funding (a la debt) - after factoring in its operations, investments and financing - isn’t a simple exercise. Here are 4 key financial ratios you can use to understand if a business is self-funding and how it funds it dividends.
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.