Thursday, September 25, 2008

Free Stock Screeners

I wondered on the internet and found this rather usefull page - I hope you find it helpfull. I will be looking at the screeners over the next few weeks and I'll let you know how I go

Stock Screeners

Those don't really do the job. I need a stock screener to screen aussie stocks and look at last 10 years consisten earnings growth.


Thursday, September 18, 2008

Calculating the Intrinsic Value of Toll Holdings

I have just bought shares based on my analysis of Toll holdings (for my own personal portfolio outside my superanuation fund). This is quite exciting for me because this is the first purchase I have made using some of the processes we have been reading about. I am quite sure its a bit crude but would love to hear opinions on my stab at calculation the Intrinsic Value of Toll.



 I also listened to the MD of Toll on the latest asx podcast how gave me an idea of their strategic direction which I was quite Impressed with. They seem like they have had some solid performance with a good idea of where they are going and also a good competitive envioronment - they just recoently bought a msjor competitor in Australia.

I am open to any advice? Things I have missed? Errors I have made? Have I missed the point? What do you think? Anyone? All advice is welcome

Please have a look at my spreadsheet Intrinsic calculations and let me know what you think!

Wednesday, September 10, 2008

How do you roll out of a DIY Super fund

Roy and I met up yesterday to discuss our progress.

He has quite a bit of stuff to look at to help improve my first stab at analysing a company from a warren buffet point of view. We have also made a few baby steps to actually putting our money in to our new superfund. One thing we weren’t sure about was what happens if or when one of us decides to roll out of the fund? We were seriously discussing whether we should match contributions to make things easier. I called esuperfund today and was advised that basically all the auditing that they do is per fund member so thereby meaning that each individual is treated as a separate account (just the same as a usual fund). I suppose this is a standard approach for a DIY super. So it should actually be a pretty straightforward process

 

I think this is a good time to mention that the guys at esuperfund have been very helpful so far. The documentation we received when setting it up made the whole process much easier and they have been very helpful in answering our questions. It’s refreshing to speak to someone on the phone that actually knows what they are talking about!

Saturday, September 6, 2008

Value Investors Club

I have just been looking online and I found the following website.

www.valueinvestorsclub.com/

On the site it states 
"ONLY 250 MEMBERS WILL QUALIFY for acceptance. Membership is free, however, only a select few will be chosen to join based on their investment ability. Applications will be judged by an investment manager with one of the top long-term investment records........ Each member, once admitted, must post a minimum of 2 investment ideas per year ..."

It looks quite interesting the basic idea is that you submit a couple of good quality company reviews of companies that you like every year and then gain access to everyone elses reviews too. That way multiplying your good work by all the members of the club. Sounds like a good idea to me!

I have just been looking at some samples as I think they could be helpfull for us to get together a template so we can hit the main points when we review a company.


Has anyone had any experience with this club? 
If you have I would love to hear your comments.



Tuesday, September 2, 2008

Value Investment Podcast Recommendations

After my previous blog where (among other things I mentioned a podcast that I was listening to www.thevalueguys.com  ). 

I remembered that I should really also make a note of another podcast that is very good
There are only 8 podcasts in total in the set but I found them all to be really usefull.

As ever if you have anything to add then please do!