Happy Stockmarket. Here are our Australian and American buy lists for this week based on our value investing system. As always, please check our work, DYOR, consult a financial advisor before making any investing decisions.
I have more news about the Australian list. Last week I introduced the automated audit scan and buy-back list. This week, after discussion with TK, I’ve incorporate buy-backs into the scoring. We’re giving a score of 1 for companies who have executed (not just announced) a share buy-back in the last year and have reduced their Fully Paid Ord. Shares by >5% in the last 12 months. We’ll talk about TK’s thinking on this week’s show. In the meantime, on this week’s buy list, there were only 3 have companies that got a buy-back score:
- EDU
- KAR
- TWR
Please let me know if you find any discrepancies with the list.
AU LIST: