McGrath Holding Company (MEA) are now a Buy with a QAV score of 0.31 (Cam: 0.25 and I picked up a problem in TK’s sheet – he had a SD IV but I couldn’t see one on the site – to which he replied:)
– TK: Looks like another error in the SD filter. The column for percentage price to consensus target in the filter download is showing 87.5, but I can see on the SD screen that there is no consensus target. Overwriting the figure and zeroing it out still gives a QAV score of 0.30.
DWS Limited (DWS) is also now a Buy with a QAV score of 0.13. There is a caveat with DWS in that it’s June 2020 figures have not been audited and I am relying on their half year audit report from February until the annual report is released. (Cam: 0.13)
Fortescue Metals Group (FMG) has reported in SD and I have updated the manually entered data tab for them. They remain a buy with a QAV score of 0.11
Motorcycle Holdings (MTO) has made it onto our Buy list with a QAV score of 0.1 even though their price to operating cashflow is 7.01 and they have not yet reported their Jun 2020 numbers. I would wait until their latest numbers came out and re-assess this then. (CR: 0.09 – I’m getting a Price to CF of 6.84. Not sure why SD is giving TK a higher number. My data points seem to be the same. And his charts say its SA IV is increasing, but I don’t see that. But we’re waiting anyway so no big issue).