Monday, January 23, 2017
• US markets finished in red on caution ahead of President-elect Trump’s inauguration. Also, mixed corporate earnings kept markets in a muddle.
• European equities inched lower on concerns of “hard” Brexit and ECB’s dovish tone over inflation.
• Asian markets searched for direction through the week as investors remained wary ahead of global events.
Friday, September 09, 2016
The Skaffold 2016 Top 5 portfolio is up by 10.3% year to date, beating the index by a tidy 3.9%. It has been a rocky road, but since July the portfolio has surged ahead driven by strong results from Nick Scali and Smart Group Corporation.
Friday, January 23, 2015
Much like online shopping, the fine art of stock filtering is all about screening against a myriad of personal factors to find your perfect fit. But beware, if the stock doesn’t fit you won’t be able to return it for a refund.
For investors chasing growht stocks, ss useful as historical and current metrics are at identifying a company’s past performance, they won’t indicate what will happen in the future. That’s why stock-picking outfit, Skaffold, overlays historical and current filters with forecast metrics designed to try and predict future performance.
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.
Wednesday, January 29, 2014
In the eight months since May 2013, the share price of Skaffold’s top global stocks has risen, on average, 10%. 15 of the 27 stocks identified in May 2013 have recorded rising share prices averaging just over 25%. Only four stocks have returned share price falls in excess of 10%.
The most impressive share price gains were recorded by Hong Kong listed casino operator Galaxy Entertainment Group (up 93%), UK-listed commercial television network ITV plc (up 49%), US-listed Global Payments Inc (up 42%) and Canadian businesses Pason Systems (up 37%) and Canadian Western Bank (up 35%). Four of the top 10 performers are listed on the Canadian Stock Exchange.
Hong Kong also recorded the largest decline, with Skyworth Digital Holdings share price falling 22% since May 2013. UK-listed Old Mutual (down 16%) and Petrofac (down 16%), Canadian supermarket chain Metro Inc (down 15%) and China Overseas Land & Investment, listed on the Hong Kong Exchange (down 9%) posted the largest losses.
Keeping in mind that Australian shares make up only about 2% of the overall world market, it makes sense to open up your investment universe to businesses simply not available on the local exchange.
Thursday, January 09, 2014
The stock market goes through periods of excessive over-valuation as often as it goes through periods of excessive under-valuation.
In the absence of a crystal ball, how can investors know the magnitude of the extent to which the market will be overpriced or underpriced? When those periods will start or end?
If Skaffold is suggesting there’s not a lot of value in the market generally, then it may pay to actually pay attention to that and certainly that’s what we do over at Montgomery Investment Management.
Tuesday, August 27, 2013
Flight Centre’s (FLT) results were published at ASX.com at 8:27am today. A quick check in my online broking account shows buyers are already lining up at $46.00. FLT shares closed yesterday at $44.60.
FLT announced a 20% increase in underlying NPAT, reporting a 2013 full year result of $240 million. This is slightly higher than Skaffold’s 2013 forecast of $238 million. Debt was lowered to $46.2 million (also in line with Skaffold’s forecast), and the company confirmed a full year dividend of $1.37 per share ($0.46 was paid at the interim report).
Flight Centre is currently rated A1 by Skaffold.