Tuesday, July 02, 2013
Overnight safety margins for more than 60% of ASX-listed companies updated. Why? For companies with a 30 June report date, Skaffold calculated the safety margin based on the 2013 intrinsic value forecast. Last night, as we moved into the 2014 financial year, the safety margin calculation switched over to the 2014 forecast intrinsic value estimate.
As at 28 June 2013 close of trade, 127 companies were trading at a discount to Skaffold’s intrinsic value estimate. Today 134 companies are trading at a discount. Of those, 96 are covered by analysts.
Thursday, February 28, 2013
There were more movers than shakers to flow through Skaffold overnight. Big names to report pleasing results included Caltex Australia (CTX) and Mortgage Choice (MOC), which rose from A3 to A2. Owner of Donut King, bb’s café, Brumby’s Bakeries, Michel’s Patisserie, Esquires Coffee Houses and Pizza Capers, Retail Food Group (RFG) also reported, along with Santos (STO), Billabong Group (BBG), Clean Seas Tuna (CSS) and the owner and operator of Athlete’s Foot stores, RCG Corporation (RCG), among others.