Monday, March 24, 2014
If you take the 170-odd stocks that Skaffold currents rates as investment grade (A1, A2, B1 and B2) and then filter those with both a positive safety margin – trading at a discount to their intrinsic value – that are also forecast to grow their intrinsic value, we’re left with only a handful of stock to invest in. All things considered, these are the best quality companies that value investors could justifiably contemplate buying at current levels.
However, it’s important to remember that the share market is a constantly moving feast, and that companies can move in and out of investment grade status, as measured by the Skaffold Score, each reporting season due to any number of macro influences and company specific dynamics.
So with that in mind, we decided to go in search of companies that could potentially be knocking on the door of investment grade status if their fortunes continue to improve.
Thursday, August 29, 2013
In the last two days three A1 stocks lost their premium Skaffold Scores, and another 10 have fallen out of the A2 club. Flight Centre (FLT) and Codan (CDA) once again delivered impressive results and retained their A1 Scores. Which stocks are you watching?
Friday, July 12, 2013
August reporting season is the busiest time of year for stock market investors. More than 60% of ASX-listed companies will release their full year results in August, with the smaller mining stocks reporting by 13 September 2013.
Skaffold’s reporting season calendar is now live and will be updated daily over the next few months. The calendar lists the most popular ASX-listed companies and their expected report date. Click here to view the calendar now.
Wednesday, May 29, 2013
Love or hate it, online gambling is getting bigger by the day. Through its OzLotteries website, Jumbo Interactive (JIN) is growing rapidly as more people buy lotto tickets online. Jumbo’s share price soared in 2012 and again in early 2013 as the market embraced its rising earnings and offshore growth potential. Shareholders hit the jackpot. Like gambling itself, winnings were fleeting. From $1 in March 2012, Jumbo soared to more than $3.20 by February 2013, then halved in a matter of months, amid flat earnings guidance. Jumbo’s jumbo Skaffold intrinsic valuation was smashed. Are the odds in favour of Jumbo returning as a market darling?