Wednesday, September 21, 2016
On 20th September TPG Telecom (CODE:TPM) released their 2016 results and the market did not like what it saw. The stock price plunged 21.5% throughout the day. The areas of disappointment were underlying earnings and dividends coming in below expectations, and a dampened outlook for 2017. Uncertainty also surrounds a possible expansion into Singapore.
Thursday, January 08, 2015
Have you ever wondered what stocks your fellow members are researching?
Do other investors love Skaffold’s Summary page as much as you do?
Here are the highlights of what you loved to use in Skaffold in 2014, and what stocks were on your radar.
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.
Wednesday, July 23, 2014
Stock broker and market commentator Marcus Padley was kind enough to join us for a recent webinar in which he shared his top investment themes for 2015.
Banks, Retirement, Agriculture and Housing are all on Marcus’ radar, what themes are you watching for 2015?
Tuesday, February 25, 2014
In the midst of ASX reporting season, it is easy to forget that global markets are also going through the same process.
Since 22 January 2014 hundreds of companies covered by Skaffold have released their interim or full year results. We looked inside the global markets covered by Skaffold and discovered some interesting opportunities. We’ve identified a handful of new opportunities, which have the qualities of top stocks, across the United States, Canada, Hong Kong, Singapore, United Kingdom, Europe and Switzerland.
With Skaffold’s new custom alerting tool it is really easy to keep track of which companies have reported and how their balance sheets have changed since their last financial results.
Thursday, January 30, 2014
Reports for around 300 global stocks flowed through Skaffold during January, including Apple, Microsoft, Procter and Gamble, AT&T, Facebook, Intel, The Boeing Company, eBay, Nike, Caterpillar, Starbucks, Kimberly Clark, Yahoo!, Motorola, Xerox, Oshkosh, The Bank of Nova Scotia, Metro Inc, Prada, Singapore Exchange, PZ Cussons and SGS Societe Generale de Surveillance.
Exclusively for Skaffold members, we’ve put together a list of companies whose latest financial results are now available in Skaffold, including updated Skaffold Scores and Safety Margins.
Tuesday, January 21, 2014
Skaffold Global member Dennis Best recently shared his successes investing in Canadian stocks via email. He kindly agreed to be interviewed to share his successful investment strategies.
An Australian currently living in Canada, Dennis has found great value outside the ASX and with the help of Skaffold Global has seen an average share price appreciation of 25% before even including dividends and tax credits.
Friday, November 15, 2013
You need to tread carefully when using a price earnings ratio (P/E) and dividend yield to gauge how attractive bank stocks might be. That’s because bad debts or one-off items can compromise the sustainability of bank dividends.
So it’s important to understand that banks require some peculiar evaluation criteria when it comes to assessing their intrinsic value and business performance. If you do want to call on the price earnings ratio to help value and compare one bank stock against another, then it must be used alongside some bank-specific financial ratios.
Whilst some valuation principles are equally applicable to all companies, there are a number of complications specific to banks such as determining leverage – due to being both borrower and lender - regulatory impact, capital expenditure and interest margins.
The key financial ratios you need to look at when evaluating banks and estimating their intrinsic value are net interest margin, cost to income ratio, bad debts, return on assets, Tier 1 capital ratio and the price to book ratio.
Wednesday, September 25, 2013
At first glance you could be forgiven for shying away from stellar performing TPG Telecom (TPM), after all the telco is not only trading at a premium to its peers but well ahead of Skaffold’s forecast intrinsic value estimates. Conventional value investing wisdom would suggest letting the stock cool its jets rather than buying in at current levels.
Revelations that TPM will go head-to-head with the NBN - hence removing the need to lease Telstra’s copper network for last mile access - was even more favourably received by the market than its better than expected $149 million full year net profit after tax (NPAT).
TPG’s share price is now at a substantial premium to Skaffold’s intrinsic value estimate. Given its positive outlook, is TPG a buy, sell or hold?
Wednesday, September 18, 2013
As well as considering which sectors are displaying value it is worth taking a step back and thinking about the economy as a whole. Stockbroker and financial commentator Marcus Padley recently joined us for a Webinar where he shared his thoughts on some of the up-and-coming sectors.