Sunday, November 23, 2014
A poor Skaffold Quality Score, no forecasts, erratic trading and now a Friday evening market announcement declaring the loss of a sizeable contract with South Australia Country Hospitals.
This case study serves to underline the importance of Skaffold’s quality and performance ratings, and determining a company’s spread of clients, with a view to setting aside stocks with an overreliance on a small number of customers or revenue streams.
Wednesday, March 06, 2013
CMI Limited (CMI) has rejoined the A1 club. Competitor ARB Corp (ARP) is also rated A1 by Skaffold. Whilst ARB’s business model is focused on the manufacture and distribution of 4x4 accessories for recreational 4WD vehicles, CMI’s expands beyond 4WD accessories to include specialist cabling and electrical products for a range of industry sectors that includes light commercial and heavy transport vehicles. Unfortunately both companies are trading at prices higher than Skaffold’s intrinsic value estimate.
Thursday, February 14, 2013
The big news to flow through Skaffold overnight is JB Hi-Fi’s (JBH) interim results. The company reported store sales up 3.1%, NPAT up 3.0% and an interim fully franked dividend of 50 cents per share. News Corp (NWS), AMP Limited (AMP), Australand Property Group (ALZ), DWS Ltd (DWS), Hills Holdings (HIL), MGM Wireless (MWR), Carnavale Resources (CAV), Global Health (GLH), Aquarius Platinum (AQP), BPH Energy (BPH), Coffey International (COF) and Mesoblast (MSB) have also updated to reflect their latest financial results.