Hold on to your horses, people!

• I added Gen­er­a­tion Devel­op­ment Group (GDG) to the Man­u­al­ly Entered Data tab and also to the Buy list with a QAV score of 0.24 (Cam con­curs).
• I came across the inter­est­ing case of Acrow Form­work and Con­struc­tion Ser­vices (ACF). Look­ing at the 5 year month­ly share graph for ACF is mis­lead­ing because it was once a min­ing com­pa­ny, Noble Min­ing, and was recon­sti­tut­ed as ACF in 2015/16. This involved a con­sol­i­da­tion of shares which makes the 5 year graph look strange. This process is called a back door list­ing and most often occurs in min­ing com­pa­nies that dis­con­tin­ue their oper­a­tions and sell their ASX shell to a com­pa­ny that wants to list. Con­se­quent­ly, it makes more sense to use a 3 year share price graph avail­able in the advanced chart­ing tool in SD. It is a Buy with a QAV score of 0.23  (Cam gets 0.20 — TK gave them 2 points for Record Low 6 PE’s but I did­n’t).
• Eller­ston Asian Invest­ment (EAI) is added to the Buy List with a QAV score of 0.11. Note that Share Analy­sis is down at the time of writ­ing, so these scores may change (Cam gives them 0.10 — dis­agree­ment over New 3Pt Upturn).
• Max­i­trans (MXI) has a recent 3 point up turn and a good QAV score, how­ev­er, it has a qual­i­fied audit and the audi­tors have drawn atten­tion to the fact that the com­pa­ny may not con­tin­ue as a going con­cern.
• Grange Resources (GRR) report­ed their fig­ures in SD and remains a Buy with a QAV score of 0.42 (Cam got 0.45 and actu­al­ly added some to his port­fo­lio this week).
• Cash Con­vert­ers (CCV) report­ed and need­ed to be added to the Man­u­al­ly entered data tab. They are still in a 3PTL decline (Cam: Pret­ty close to breach­ing their buy line, though).
• Wellard (WLD) report­ed, but they have also had a qual­i­fied audit, so I did not add them to the Buy list.
• I raised a price alert for Base Resources (BSE) which has just report­ed and is very close to their 3PTL buy price of 28.9 cents.…. That was quick, BSE has now passed its 3PT buy line and is added to the Buy list with a QAV score of 0.35 (Cam gets 0.34).
• I changed Lind­say Aus­tralia (LAU) to a down­trend after check­ing the graph today.
• I raised a price alert for Hill­grove Min­ing (HGO) as they are near their 3PTL buy price of 5.2 cents, although this will change next month when a high point rolls off their graph.
• Shaver Shop’s (SSG) results are in SD now and I have amend­ed their man­u­al­ly entered data. They are a buy with a QAV score of 0.24 (Cam gets 0.26, but Tony’s sheet has Share Analy­sis scores even though it’s cur­rent­ly down).
• I have also changed my man­u­al­ly entered data sheet to con­tain a col­umn for record­ing the date that the data was entered. This will help me to see if I have already analysed a com­pa­ny.
• I changed the 3 point sen­ti­ment con­fir­ma­tion to a Yes for Lycopodi­um (LYL), how­ev­er, it is bounc­ing close to the 3PT sell line, too.
• I changed Sand­fire Resources (SFR) from a Sell to a Buy, but it also is bump­ing around its 3PT sell line.
• I have changed the sen­ti­ment for Cred­it Corp (CCP) to a Buy with a QAV score of 0.18 (Cam gets 0.17).
• Mount Gib­son Iron (MGX) has been added to the Buy list with a QAV score of 0.11 (Cam gets 0.14).
• Shine Jus­tice (SHJ) is a buy after its recent results with a QAV score of 0.15 (Cam con­curs).
• Vista Group (VGL) is added as a buy with a QAV score of 0.12 (Cam gets 0.11).
• Xplore Wealth (XPL) is added to the buy list with a QAV score of 0.13. Anoth­er one of those com­pa­nies that are bounc­ing close to the Sell line, though. (Cam: yeah I don’t think it’s breached its buy line, at best it’s a Schroedinger).
• Aus­tralian Vin­tage (AVG) is close to a 3PT Buy and I have set a price alert for 48.2 cents.
• Eil­don Cap­i­tal (EDC) was removed from the Buy list after cross­ing a 3PT sell line.
• Maca (MLD) was removed from the Buy list after cross­ing a 3PT sell line.
• I have decid­ed to take Pro-Pac Pack­ag­ing (PPG) off the Buy list, even Tom Cruise couldn’t pack a fudge like that, espe­cial­ly if I am going to dis­al­low Nation­al Tyre for the same rea­son.
• Mitchell Ser­vices (MSV) has fall­en back below its 3PT Buy line, so I am remov­ing it from the buy list as well.
• Here is my lat­est mas­ter spread­sheet.