過去ログ

                                Page  832389
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
   通常モードに戻る  ┃  INDEX  ┃  ≪前へ  │  次へ≫   
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━
 ▼The transient twent  Cleleevep 13/10/4(金) 11:01

 ───────────────────────────────────────
 ■題名 : The transient twent
 ■名前 : Cleleevep <cevaWallkahis@079i080nhj.info>
 ■日付 : 13/10/4(金) 11:01
 ■Web : http://miumiudiscountonline.tectura-fasttrack.com/
 -------------------------------------------------------------------------
   For Investment Achievement

The safest and most dependable http://miumiujpbuy.talmudof.com/ path to stock industry achievement is usually to miumiu &#36001;&#24067; &#20154;&#27671; invest in CRAP stocks.

The approach we follow, Joel Greenblatt's Magic Formula Investing (MFI), is a great mechanical, qualitative screen for digging up candidates. But to locate the CRAPpiest of stocks, we should get our hands dirty and dig our noses into the monetary statements, conference calls, SEC filings, and market miumiu &#36001;&#24067; BuyMa research. Only then can our portfolios come out smelling like roses.

What within the heck am I speaking about? 4 points of analysis:The very best businesses are managed conservatively, and are usually focused on earning high returns on capital rather than overpaying simply to grow or create an empire. By keeping reasonable levels of debt and consistently getting http://miumiuonsalejp.unownership.com/ a healthier money balance for the inevitable bumps inside the http://miumiudiscountonline.unownership.com/ road, these firms &#12511;&#12517;&#12454;&#12511;&#12517;&#12454; &#12496;&#12483;&#12464; &#12452;&#12456;&#12525;&#12540; are built to final through thick and thin.

How are you able to inform if a provider is conservatively managed? Firms which have zero or really small debt (like Dolby (DLB), or Activision (ATVI)) are more conservative than Ann Coulter on a Sunday morning. But, normally, be wary of firms that carry considerably far more debt than cash on the balance sheet or whose operating earnings usually do not cover interest obligations significantly more than 5 instances over. An instance of a company managed also aggressively will be FriendFinder (FFN), with $460 million of debt, only $17 million in cash, and operating earnings that barely cover 70% of interest obligations!Firms can continually enhance profitability by way of miumiu &#36001;&#24067; &#12521;&#12531;&#12461;&#12531;&#12464; expense cutting, and stock multiples can ebb and flow, but in the end a business must develop its sales to be able to expand its bottom line sustainably. is catnip for capital managers, and few stocks can retain a high price/earnings multiple without the need of it. MFI doesn't appear for it, a lot of screened stocks have flat or declining sales see Apollo Group (APOL) or H Block (HRB). Not coincidentally, the stocks of these firms possess the most restricted miumiu &#36001;&#24067; &#20108;&#12388;&#25240;&#12426; upside potential.

On the other hand, discovering an MFI stock with fine &#12511;&#12517;&#12454;&#12511;&#12517;&#12454; &#36001;&#24067; &#20844;&#24335; revenue development trends could rather well indicate that the market's valuation has trailed the company's growth trajectory, creating an eye-catching investment candidate. This is especially correct if speedy miumiu &#36664;&#20837;&#20195;&#34892; sales growth is projected to continue. C Energy Services (CJES) grew sales 210% in 2011 and is projected to grow a different 50% this year, yet carries a pricetoearnings many under six!

Positive aspects miumiu(5M1109) A MagicDiligence Membership &#12511;&#12517;&#12454;&#12511;&#12517;&#12454; &#12496;&#12483;&#12464; &#26032;&#20316; 2013 more than &#12511;&#12517;&#12454;&#12511;&#12517;&#12454; &#36001;&#24067; &#20844;&#24335; the competition

Competition will usually be a keen threat, so appear for firms which have structural competitive advantages. Microsoft (MSFT) software can be a lynchpin of most companies worldwide and would be a gigantic hassle to switch away from, creating higher switching expenses. Tremendous scale, razor thin margins, and an established oligarchy produce miumiu &#36001;&#24067; &#20108;&#12388;&#25240;&#12426; large barriers to entry for any prospective miumiu &#36001;&#24067; &#12521;&#12531;&#12461;&#12531;&#12464; competitors of drug distributor AmerisourceBergen (ABC). Regulatory patent protections prevent direct competitors for Gilead's (GILD) HIV drug portfolio. All of those factors might help safeguard pricing, market place http://miumiudiscountonline.tectura-fasttrack.com/ share, and profitability from competitors.

Around the other hand, a firm like Chemed (CHE) has practically no structural advantages. Both their plumbing and hospice firms face a large number of competitors, and both have low barriers to entry for new entrants.

Priced well under a reasonable &#12511;&#12517;&#12454;&#12511;&#12517;&#12454; &#12496;&#12483;&#12464; &#12487;&#12491;&#12512; fair worth miumiu &#36001;&#24067; &#20154;&#27671; estimate

Here is exactly where MFI aids us essentially the most, as a higher earnings yield (basically the inverse of a low P/E) is one of the compentents of your screen. All of those stocks are affordable against trailing earnings. But may be the &#12511;&#12517;&#12454;&#12511;&#12517;&#12454; &#36001;&#24067; &#12364;&#12414;&#21475; valuation warranted determined by the prospect of a longterm decline in revenues and income? Is it warranted according to horrific financial wellness? Is it warranted determined by competitors (or new government regulations) consuming into their company? To figure this stuff out, 1 http://miumiuselljp.unownership.com/ must &#12511;&#12517;&#12454;&#12511;&#12517;&#12454; &#12496;&#12483;&#12464; &#26032;&#20316; 2013 sit down and estimate a fair value for the online business, based on reasonable estimates of future outcomes and valuation ranges.

. . Positive aspects over the competitors. Priced properly miumiu &#36001;&#24067; &#20516;&#27573; under fair value. When digging by means of heaps of stock opportunities, constantly be on the lookout for CRAP. I've got my shovel. How about you?

A MagicDiligence Membership provides you complete access for the best http://miumiudiscountsale.unownership.com/ stocks that Magic Formula Investing has to present. Qualified excellent miumiu &#36001;&#24067; &#20108;&#12388;&#25240;&#12426; study, formal stock recommendations, timely updates, and exclusive investing tools are all at your fingertips, at one of the lowest rates within the entire investment planet.
━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━    通常モードに戻る  ┃  INDEX  ┃  ≪前へ  │  次へ≫    ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━                                 Page 832389