TK Journal 2020-11-12

I ran anoth­er down­load this morn­ing as Mac­quar­ie Group’s (MQG) fig­ures are now in Stock Doc­tor fol­low­ing their lat­est results.

Also, Qan­tas (QAN) had breached its Buy line. How­ev­er, after run­ning the down­load, both of these com­pa­nies have a price to oper­at­ing cash flow ratio of greater than 6, so do not make the Buy List. I own shares in MQG and will con­tin­ue to hold until they become a Sell.

ANZ also report­ed and is on the watch­list. Even though it has an upward trend at the moment, it has not breached its 3P Buy Line.

West­pac (WBC) and Bank of Queens­land (BOQ) are also in the same boat.

Oth­er changes to the Buy List are:

• Empired (EPD) has slipped off due to a share price rise
• JB HiFi (JBH) has entered the Buy List as its share price has dropped.
• San­tos (STO) has advanced enough in price to drop off the buy list.
• West­gold Resources (WGX) enters the Buy List.
• New Hope Ener­gy (NHC) enters the Buy List with a QAV score of 0.15. I has­ten to add that NHC could be a falling knife. I updat­ed the man­u­al­ly entered data to reflect its lat­est June results.
• Since putting out a new Buy List this morn­ing, SD has sent me an email noti­fi­ca­tion the NRW Hold­ings (NWH) has breached its 3P Buy line price. NWH is added to the Buy List with a QAV score of 0.15
• I also received a notice to say that Acad­e­mies Aus­trala­sia (AKG) had breached it’s 3P Buy Price. AKG is added to the Buy List with a QAV score of 0.31.