Wednesday, September 30, 2015
When you buy shares in top quality companies with solid balance sheets, good cash flows and a business model that is not susceptible to market fluctuations, it doesn’t really matter if the market drops $55 billion in a day.
That’s because investors who own shares in top-notch companies don’t panic. If you’ve done your research with Skaffold, and you’re confident that the shares in your portfolio are more likely than not to be worth significantly more in two, five or tens years time, then what happens in the market is incidental.
Thursday, May 29, 2014
With confidence in Australia’s building industry at six-year highs, there’s never been a better time to reassess the fortunes of listed stocks significantly exposed to the much-beleaguered construction sector.
If the economic data responsible for driving the construction sector forward is any indicator, the momentum of cautious optimism looks set to continue.
Of the 23 ASX-listed stocks with varying exposure to residential property, just five achieve Skaffold’s preferred A1, A2, B1 and B2 scores for balance sheet quality and business performance. They are Leighton Holdings (LEI), Reece Australia (REH), Finbar Group (FRI), Beacon Lighting Group Ltd (BLX) and Tamawood (TWD).
Monday, November 18, 2013
In January 2013, for the second consecutive year, Skaffold identified five top stocks for the year for Money magazine.
Chosen because of their Skaffold Scores for balance-sheet quality and business performance, value for money, future growth opportunities and attractive yield, the 2013 stocks were property developer Cedar Woods Properties (CWP), oil and gas sector services provider Clough (CLO), mining services business Decmil Group (DCG), travel retailer Flight Centre (FLT) and coal industry services provider Mastermyne Group (MYE).
Including capital growth and dividends, $50,000 invested equally across the five stocks returned 28.6% in the period January 11, 2013 to close of trade on September 30, 2013. Add franking credits and the return is 30.2%. Over the same period the All Ordinaries Accumulation Index returned 14.7%. The 2013 Top 5 outperformed the index by 15.5%.
$50,000 invested equally across the 2012 Top 5 stocks – ARB Corp (ARP), Codan (CDA), M2 Telecommunications (MTU), Seymour Whyte (SWL) and ThinkSmart (TSM) – returned 47.5% from January 10, 2012 to September 30, 2013, including franking benefits. Over the same period the All Ordinaries Accumulation Index returned 15.8%.
Wednesday, August 21, 2013
There have been a number of new reports released this week, some good, some bad and some ugly. ARP, EAX, ANN and BRG are amongst the good, QBE and FWD are amongst those with less than stellar results.