Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (76294)	10/6/2024 7:57:11 AM
From: Harshu Vyas	Respond to of 78748

I should clarify what I'm looking for. I'm looking for my take on young Buffett stocks - companies with lots of cash, no solvency concerns and still slightly profitable that benefit from a turnaround in the industry. So, in effect, cyclicals and other sectors that seem to be beaten down. Of course, you do get a lot of trash in the screen you have to filter through, but that's the fun! You're right in that if I get rid of the P/S I get "better" companies. But the market knows about "better" companies and it seems "better" companies are already fairly/overvalued. I think it was Jim Chanos that said that "in a bear market, the reality gets a discount and in a bull market, the future gets a premium" (or something to that effect). It's stuck with me. Take the worst (imo) of the "better" companies - COST, WMT now trade at 50x earnings, 50x forward earnings - it's insane. But also realise that I play with loads of screens and adjust them - sometimes I'll take out the ROE and EBITDA and swap it out with GM to try to find something loss-making. Sometimes I'll use technical indicators. Sometimes I'll look for the better company using ROE and debt/equity but I'll never really bite. This was in no ways a "perfect" screen. Just one where I found myself writing down a lot of potential companies to buy. In fact, in the UK, there are many companies I can/would buy in a heartbeat but don't have the size for. In the US, I find myself passing on a lot more companies because of the horrendous balance sheets that have become so normalised. In the UK, I have to pass because I have to estimate which company will outperform and somehow find a catalyst (if there is one) - and that requires more work than just seeing something undervalued and jumping at it. Not a bad problem to have. Thank you for pointing that out. I should have been more clear.

To: Spekulatius who wrote (76294)

10/6/2024 8:10:09 AM

From: Spekulatius

1 Recommendation

Recommended By
Harshu Vyas

Read Replies (1) | Respond to of 78748

I use tikr (paid version) which includes an excellent screener. I actually had an UK small cap screen setup, some ran it again and here is the result:

CARD	Card Factory plc	GBR	$491	6.92	(108.34)	18.12%	1.45	Consumer Discretionary	$91
CAML	Central Asia Metals plc	GBR	$457	5.56	3.57	10.01%	(0.57)	Materials	$67
KMR	Kenmare Resources plc	GBR	$391	3.30	2.18	11.66%	(0.10)	Materials	$107
COST	Costain Group PLC	GBR	$369	3.24	(13.79)	10.26%	(2.36)	Industrials	$56
CCP	Celtic plc	GBR	$219	5.23	(3.49)	36.43%	(2.18)	Communication Services	$10
CAPD	Capital Limited	GBR	$215	5.57	5.79	15.05%	0.50	Materials	$57
SOM	Somero Enterprises, Inc.	GBR	$213	6.90	4.31	34.89%	(0.88)	Industrials	$29
KETL	Strix Group Plc	GBR	$213	7.41	6.90	40.26%	2.33	Information Technology	$39
SLP	Sylvania Platinum Limited	GBR	$172	6.94	0.49	18.51%	(1.90)	Materials	$7
MTL	Metals Exploration plc	GBR	$120	2.64	3.95	157.22%	0.29	Materials	$10
CTA	CT Automotive Group plc	GBR	$57	5.90	(20.90)	67.06%	0.95	Consumer Discretionary	$11
GDP	Goldplat PLC	GBR	$17	2.07	2.77	17.50%	(0.29)	Materials	$6