Thursday, October 23, 2014
What are the shares of the future, the ones that should find a place in every share investor's portfolio?
The Sydey Morning Herald asked five leading share analysts to nominate five shares each.
The picks have to be suitable for conservative investors who intend to invest for the long term.
Naturally, those requirements lead to the larger companies that tend to pay higher dividends than other companies and often, but not always, have high levels of franking credits.
With interest rates at a 50-year low, investors have been chasing yield on the sharemarket.
As a consequence, share prices of the big dividend payers, such as most of the big banks and Telstra, have, until recently, risen strongly over the past two years.
Much of the sell-off on the Australian sharemarket over the past few weeks has simply followed selling on Wall Street.
Thursday, October 09, 2014
With the low growth environment likely to continue for some time, investors chasing double-digit growth need to look beyond cyclicals wired to the struggling Australian economy, and refocus on sectors displaying what are known as ‘secular growth opportunities’. For those unfamiliar with the term, ‘secular’ refers to companies with growth upside that’s less reliant on macroeconomic drivers and more hitched to company or sector-specific dynamics.
Tuesday, April 01, 2014
Now that the excitement of the reporting season has settled down and analysts have digested financial reports, we take a look inside Skaffold to discover well-positioned, top-quality stocks.
Of the 1767 ASX-listed stocks available for analysis in Skaffold, 163 achieve Skaffold’s preferred scores of A1, A2, B1 and B2. So less than 10 per cent are considered premium investment grade by Skaffold and analysis beyond top-line numbers is critical.
The services sector offers the largest choice of top-quality growth stocks, followed by technology, finance and capital goods.
Friday, September 06, 2013
With reporting season now complete (except for the very small mining companies), let’s take a look at what opportunities Skaffold identified over the last four weeks, and how those stocks have performed.
The three standout stocks this reporting season, which we wrote about in blog posts and weekly reporting season update emails, are Titan Energy Services (TTN), RCR Tomilson (RCR) and MGM Wireless (MWR). TTN’s share price is up 32%, RCR 19% and MGM Wireless 37%.
As a wrap up to a successful reporting season, here’s a summary of the stocks that came to our attention over the past month. Aside from TTN, RCR and MWR, at the time of initial writing all the stocks listed below were trading at a premium to Skaffold’s intrinsic value estimate.
In order of appearance, and with previously published comments, this year’s interesting stocks were…
Monday, August 19, 2013
Despite strong earnings growth from Coles, Bunnings, Officeworks and Kmart, Wesfarmers Skaffold Score has remained stable at B3. Since 2009 WES has generated a return on its equity of around 8%. Skaffold considers this average business performance. Less than 5% is considered poor.
The latest financial results for CSL, Nick Scali (NCK), Commonwealth Bank (CBA), Primary Healthcare (PRY), Carsales.com (CRZ), Mineral Resources (MIN), AMP, Santos (STO), Stockland (SGP), Leighton Holdings (LEI), GPT Group (GPT), DUET Group (DUE), OZ Minerals (OZL), UGL Limited (UGL), Southern Cross Media Group (SXL), Tox Free Solutions (TOX), Chandler Macleod Group (CMG), APN News and Media (APN) and ITL Limited (ITD), among others, also flowed through Skaffold.
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.
Tuesday, February 26, 2013
Over the weekend more than 70 companies updated in Skaffold. The number of A1-rated companies fell to 39, and A2-rated companies to 81 companies.
Companies to update based on their recent interim or full year results include include Breville Group (BRG), mining services business Sedgman (SDM), for casino operators Crown Group (CWN) and Echo Entertainment Group (EGP), BHP Billition (BHP), Fortescue Metals Group (FMG), Iluka Resources (ILU), Cabcharge (CAB), Fleetwood (FWD), Fantastic Holdings (FAN), Village Roadshow (VRL), Adelaide Brighton (ABC), Alumina (AWC), Goodman Group (GMG), APN News and Media (APN), Tatts Group (TTS), Infomedia (IFM), Data#3 (DTL), Ausenco (AAX), Magellan Financial Group (MFG), Insurance Australia Group (IAG), AMP Limited (AMP), Seven West Media (SWM), iiNet (IIN), Macquarie Radio Network (MRN), Fairfax Media (FXJ), Envestra (ENV), Brambles (BXB), Chandler Macleod Group (CMG), Austin Engineering (ANG), Codan (CDA), The Reject Shop (TRS) and NRW Holdings (NWH), Platinum Asset Management (PTM), Mermaid Marine (MRM), Australian Share Registry (ASW), Super Retail Group (SUL), Amalgamated Holdings (AHC), TCT Tomlinson (RCR), Servcorp (SRV), SEEK (SEK), ASX Limited (ASX) and Origin Energy (ORG).
Thursday, February 21, 2013
Mining services is a hot topic in Skaffold today, with results for Cardno (CDD), Clough (CLO), Decmil (DCG), Monadelphous (MND) and Forge Group (FGE) updating in Skaffold overnight. Why did DCG’s share price fall from $2.38 to $2.14 following a positive result?
This reporting season update also includes XRF Scientific (XRF), Oakton (OKN), Bendigo & Adelaide Bank (BEN), Speciality Fashion Group (SFH), Invocare (IVC), RedHill Education (RDH), Lend Lease Corp (LLC), Discovery Metals (DML), Mirvac Industrial Trust (MIX), ISS Group (ISS), Southern Cross Media (SXL), McMillan Shakesphere (MMS), Ethane Pipeline Income Fund (EPX), Sonic Healthcare (SHL) and Clearview Wealth (CVW).
Friday, December 21, 2012
If you rely on income from your share portfolio, chances are you’re attracted to stocks that pay good dividends. The problem is a good dividend does not always equal good investment. Focusing on yield can be a trap. A company may have a high dividend yield because the share price is falling. And the share price may be falling for a very good reason. Poor and worsening economics – high debt, declining profits, negative cash flow – tend to lead to falling share prices. The secret is to find companies that pay “good” dividends.