TK Journal 2020-08-13

Note: Tony removed NWS when an error in the SD data was dis­cov­ered.

News­corp (NWS) has become a Buy with a QAV score of 0.46

A cou­ple of things to note:

NWS is also list­ed on the Nas­daq, so Share Analy­sis had fig­ures for the US list­ing but not for the Aus­tralian list­ing, so I used the US fig­ures for the Share Analy­sis scores.

There was a US fil­ing of their results which includ­ed an audi­tors state­ment called “Con­sent of Inde­pen­dent Reg­is­tered Account­ing Firm”.

This appears to be the audi­tor sign off form for US stocks and may be help­ful to our North Amer­i­can lis­ten­ers who have asked what to look for in an audit report.

The fil­ing is called an Appen­dix 4E and Form 10K Pre­lim­i­nary Final Report.

I think in Aus­tralia it is known as Appen­dix 4E and in the US it is a From 10K.

Adairs (ADH) is added as a Buy with a QAV score of 0.10 fol­low­ing it’s lat­est results.

8I Hold­ings (8IH) became a Buy with a QAV score of 0.12 after analysing their recent results.

They are a small com­pa­ny with Aver­age Dai­ly Trades of $700 and will be too small for most peo­ple.

MAH is now a buy with a QAV score of 0.15

HJPN is now a buy with a QAV score of 0.5