Monday, July 29, 2013
GUD Holdings, manufacturer of Sunbeam electrical appliances and Oates cleaning products, as well as a range of automotive products (Ryco, Wesful and Goss), water products (Davey pumps) and industrial products (Dexion and Lock Focus), has cited ‘challenging market conditions in the consumer products business’ as the key driver of declining results this year.
Since 2008 GUD’s return on equity (blue line) has more than halved, falling from 33% to 15% based on its 2013 full year results that were released on 25 July. In the 12 months ending 30 June 2013 GUD more than doubled the level of debt (red columns) on its balance sheet, from $36.6 million to $89.3 million. Debt now represents 27% of GUD’s equity.
Saturday, March 02, 2013
Wotif.com (WTF), Troy Resources (TRY), Ainsworth Game Technology (AGI) and BC Iron (BCI) have lost their A1 Skaffold Scores. The number of companies rated A1 by Skaffold now stands at 34. Of those, 9 are trading at a discount to Skaffold’s intrinsic value estimate and 3 are forecast to rise in value over the next two years. The stocks include two of our 2013 Top 5 stocks, Flight Centre (FLT) and Mastermyne Group (MYE).
Wednesday, October 24, 2012
Today when you login to Skaffold, navigate to the Skaffold Score Evaluate screen for AMP Limited, Coca-Cola Amatil, Westfield, Rio Tinto or Westpac (they’re just a few companies whose Skaffold Score changed last night). You’ll notice the 2012 columns look a little different. Skaffold’s interim Scores ensure you have access to the latest reported financial information for every company. Skaffold’s Scores are based on past reported results and do not take into consideration future value forecasts. The Scores are completely objective and manufactured independently of human intervention and personal opinion. Continue reading the see a summary of the companies that reported at 30 June and their resulting interim Skaffold Scores.