Thursday, April 21, 2016
It is a well known fact that Australians and New Zealanders have a rich history of gentle ribbing, but while the great debate about who makes the better Pavlova remains unresolved, Skaffold has found some common ground where we all agree and that is adding New Zealand stocks dual listed on the ASX into Skaffold. We have added 39 requested stocks into Skaffold (Australia).
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.
Thursday, March 13, 2014
With the valuations of ASX-listed companies looking increasingly stretched, it’s more important than ever to use Skaffold’s filters to flag which stocks to avoid in 2014. The filters built into Skaffold stock research software help to remove stocks from your radar that aren’t regarded as investment grade – which by Skaffold’s measure is limited to stocks with an A1, A2 or B1 and B2 rating of balance sheet quality and business performance.
Removing ratings that don’t make the grade culls the stocks you should be seriously looking at down to around 160, which is only 10% of the 1,770 ASX-listed entities rated and evaluated by Skaffold’s automated algorithms.
Remember, even good stocks can and do lose their investment grade status for a myriad reasons, which surface following the release of interim and full year results.
Wednesday, September 25, 2013
Even seasoned investors can make costly decisions.
Rather than follow the herd and short-term market hype, the best investors are able to incubate their decisions by applying the proven practices of value investing championed by Warren Buffett.
Tuesday, June 11, 2013
While often overlooked by investors when analysing fundamentals, there’s no better insight into what’s left for you as a shareholder in a business once it’s paid all its bills than an analysis of cash flow. When it comes to assessing the investment quality of a company's cash flow, you should be attracted to those with sufficient money in the bank to fund their operations and produce an ongoing Funding Surplus. The greater a company’s Funding Surplus the more likely it is to avoid excessive borrowing, expand its business, pay dividends and withstand any economic downturns.
You need to be wary of well-known large-caps with unhealthy cash positions which may still attract uninformed investors due to their size. High profile stocks with large debt and poor cash flow – which contributes to poor Skaffold Scores - include: Sonic Healthcare (SHL), Seven Group Holdings (SVW), James Hardie Industries (JHX), Toll Holdings (TOL), Oil Search (OSH), Woodside Petroleum (WPL), Leighton Holdings (LEI), Asciano (AIO), Duet Group (DUE), Tabcorp Holdings (TAH), Transurban (TCL), Brambles (BXB), Origin Energy (ORG), SP AusNet (SPN), APA Group (APA) and Sydney Airport Holdings (SYD).
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.
Monday, July 02, 2012
More than 50% of the companies listed on the ASX will report their full-year results next month. You can review your portfolio by checking the cash position of the ones you hold and removing those that don’t display high-quality economics. Skaffold has put together a list of large, well-known companies with unhealthy cash positions. Despite having market caps of at least $2 billion, their generally high debt and poor cash flow contribute to Skaffold Scores of B4, B5, C1, C2, C3, C4 or C5.