Comments for Stock Valuation Software

Comment on The Secret GRVY Recipe to Produce 50% YTD by Joel Birkitt

Joel Birkitt — Tue, 21 Feb 2012 16:34:24 +0000

Jae – great website and excellent call on GRVY! Thanks for your sound and logical analysis – much appreciated. Joel

Comment on Rarely do you See Such an Excellent Airline by Steve

Steve — Tue, 21 Feb 2012 13:47:41 +0000

Year over year quarterly earnings has gone down 8 of the last 9 quarters. Year over year sales has gone up 12 of the last 12 quarters. Thats as far back as my records go.

Comment on Investment Checklist for Stock Selection by Balaji

Balaji — Mon, 20 Feb 2012 20:53:00 +0000

Jae,

I really like your article. A very good primer for picking stocks. I am unable to download the flowchart, can you please send it to my email address ?

Thanks,
Balaji.

Comment on The Road Less Taken by Stocks and Sectors » Blog Archive » Allegiant Travel Company: An Excellent Airline

Mon, 20 Feb 2012 11:40:36 +0000

[...] my criteria. That would only limit my investment view and learning curve. As I wrote previously, studying bad companies is good for [...]

Comment on The Road Less Taken by BullseyeMicrocaps.com » Allegiant Travel Company: An Excellent Airline

BullseyeMicrocaps.com » Allegiant Travel Company: An Excellent Airline — Mon, 20 Feb 2012 11:23:06 +0000

[...] my criteria. That would only limit my investment view and learning curve. As I wrote previously, studying bad companies is good for [...]

Comment on The Road Less Taken by Rarely do you See Such an Excellent Airline

Rarely do you See Such an Excellent Airline — Mon, 20 Feb 2012 07:03:07 +0000

[...] my criteria. That would only limit my investment view and learning curve. As I wrote previously, studying bad companies is good for [...]

Comment on The Road Less Taken by Jae Jun

Jae Jun — Sun, 19 Feb 2012 22:42:25 +0000

Thanks Vivien. Very insightful.

Comment on The Road Less Taken by Sunday links: timing matters | Abnormal Returns

Sunday links: timing matters | Abnormal Returns — Sun, 19 Feb 2012 12:16:14 +0000

[...] Why study bad companies? (Old School Value) [...]

Comment on The Road Less Taken by Vivien H.

Vivien H. — Sat, 18 Feb 2012 19:15:32 +0000

There is something interesting about studying bad companies that Self-made billionaires have used for ages to maintain their status which makes me crave for those reports of yours on bad companies. I study bad companies too…your reports will be an addition.
If you want to make a living, study good companies
If you want to make a fortune, study bad companies!

Comment on For You, a 40 Point Stock Checklist. by Tim

Tim — Sat, 18 Feb 2012 06:55:36 +0000

@jj Here is what the Flow ratio measures:

A low flow ratio tells you that the company has an asset light business model or that it has a really good working capital management.

A low ration means the company either has a low amount of current assets or it is able to finance current assets entirely with low or no cost current liabilities (like accounts receivable).

A high flow ratio means that the company has to invest a substantial amount of money in working capital assets or that the company is really bad at managing its working capital.

Bad working capital management would be having too much inventory or collecting accounts receivable very slowly.

A ratio of less than 1,5 is really good. Should the ratio go over three, it’s a warning sign for you to find out why it is so high or to be very careful before investing in the company.

For more information, and how it is calculated, you can have a look at this article I wrote:
http://www.eurosharelab.com/newsletter-archive/438-ever-heard-of-the-flow-ratio

Best

Tim

Comment on For You, a 40 Point Stock Checklist. by The Road Less Taken

The Road Less Taken — Fri, 17 Feb 2012 07:03:03 +0000

[...] You start to follow a process such as an investing checklist. Here’s another stock selection checklist. [...]

Comment on The Best Free Stock Portfolio Tracking Spreadsheet by scheye

scheye — Fri, 17 Feb 2012 06:31:32 +0000

Is it possible to add a chart for time comparison of your portfolio market value and compare it to SPY?

Comment on The Best Piostroski Screen Combination by valueinvestortoday

valueinvestortoday — Fri, 17 Feb 2012 04:52:49 +0000

Jae, that’s fair enough. I do back testing but it’s very tedious. Was just wondering if you had an easier way. Take care.

Comment on The Best Piostroski Screen Combination by Jae Jun

Jae Jun — Thu, 16 Feb 2012 23:17:43 +0000

@ Andreas,
Send me some numbers and I’ll see what I can do. Maybe a followup would be good.

@ Konrad,
Good catch I didn’t notice. They should definitely both be the same though.

Comment on The Best Piostroski Screen Combination by Konrad

Konrad — Thu, 16 Feb 2012 14:49:12 +0000

Hi Jae,

I love your breakdown, pretty informative. One thing perplexed me though, why is there a difference between 6,9,7 and 6,7,9 in the results? Aren’t they the exact same thing? Or there’s a real practical difference in implications of searching for companies meeting criteria 7 in the universe of those meeting 9 versus the other way around.

Great work, this sounded like a big job

Comment on The Best Piostroski Screen Combination by Andreas

Andreas — Thu, 16 Feb 2012 10:34:32 +0000

if you need help just send me a mail with the data…the good is that with Discriminant Analysis that I have used, you get also different weights for the different variables.

Comment on The Best Piostroski Screen Combination by Jae Jun

Jae Jun — Wed, 15 Feb 2012 22:38:47 +0000

@ Jim,
Going to have to disappoint you in how I go about doing this but I think there is a commercially viable solution. I’m going to test it out and if it is good, I’ll do a review on it.

@ Patrick,
I’m sure I did try that combination as I tried the remaining 7 possible 3 criteria combination starting with 6,9.

@ somrh,
Interesting feedback. I wonder whether the results are so much better because of the fact that is is less correlated.

@ Andreas,
I forgot all my math from 7 years ago lol. I had to look up the formulas for permutations, let alone try to remember how to go through statistics again.

Comment on The Best Piostroski Screen Combination by Andreas

Andreas — Wed, 15 Feb 2012 18:38:33 +0000

Hi Jae!

Great post! Why don’t you use Discriminant Analysis or Neural Network to find the best combination of those variables. Relatively easy if you use a statistics program.
Cheers,
Andreas

Comment on The Secret GRVY Recipe to Produce 50% YTD by Jae Jun

Jae Jun — Wed, 15 Feb 2012 18:32:45 +0000

Always happy to be wrong on these things

Comment on The Secret GRVY Recipe to Produce 50% YTD by Graeme

Graeme — Wed, 15 Feb 2012 16:49:59 +0000

Might have to change that headline to say 70%