Hi Paul!
Since that list, I have refined my analytical approach quite a bit. In the list, the only company I invested in was ARWM.
Other investments that have met my criteria lately are: TUG, REF, SLS, HAKI(especially at the lower levels), AAPL, W, NITE(as a speculation only), and KAB.
KAB has been and continues to be a fascinating play for me. I did the analysis based upon someone's recommendation on this thread. For purposes of discussion I'll say I bought 300 shares (which I did, in multiples). Now, a month or so later instead of 300 KAB, I have 300 XNR and 100 KSL. I am up about 12% overall in this purchase and the KSL shares are still not valued properly by the market. The reason for this is that KSL is going to pay $1.20/sh. dividend but, because the listing for that symbol is so new, none of the popular sites (like Yahoo) list it as having a dividend (it doesn't show up on my Reuters feed either). This is about an 8% yield at the current stock price. And this on a company with very sound fundamentals and a very nice cash flow. I figure we have until November when the first 30 cent dividend is paid before the stock price starts climbing to reflect a more appropriate yield. My WAG on a price is in the $20 area.
Timba |
