Comments on: Value Screen Results for an Explosive 2010

By: Jae Jun

Jae Jun — Thu, 14 Jan 2010 05:47:40 +0000

Thanks for letting us know. The calculations are performed automatically so unfortunately, I can’t correct the results for each one. Always important to double check numbers and reports.

By: MJ

MJ — Wed, 13 Jan 2010 20:16:23 +0000

The ratios for NINE in the negative enterprise category were accidentally calculated using both yuan and dollars. The book value is actually less than $3.77 (assuming some of the ‘other assets’ are not tangible) versus the $7.87 displayed in the chart. I haven’t calculated it, but I would imagine the other ratios might be incorrect. Nevertheless, it still looks undervalued.

By: Jae Jun

Jae Jun — Sat, 09 Jan 2010 18:55:22 +0000

Hey Ron,

NITE is a financial company which won’t work with the spreadsheet. There is no publicly available cash flow statement for them.

By: Ron

Ron — Fri, 08 Jan 2010 20:51:47 +0000

Jae, can you give your thoughts on NITE. Appears undervalued but I couldn’t get the valuation using your premium worksheets…some of the data wouldn’t pull back.

By: Jae Jun

Jae Jun — Fri, 08 Jan 2010 18:23:14 +0000

@ Tom,
Which ones do you have on your list?

@Ryan,
I was curious about HAST myself but haven’t looked into it yet.

@slinj,
I like PEDH business model as I understand the market it operates in. Difficult but certainly a niche.

@Chroma,
thanks for the link!

By: Chroma

Chroma — Fri, 08 Jan 2010 05:18:22 +0000

Jae,

Awesome service. You have really hit it out of the park this time. I have linked to this page from my blog. Great work!
Chroma´s last blog ..Free Value and NCAV Screeners

By: slinj

slinj — Fri, 08 Jan 2010 01:54:27 +0000

PEDH’s cash yield looks unreal, then I turned around, it went up 16% today.
Also, it might be interesting to put a cash yield column under graham stocks. These stocks have prime balance sheet, biggest concern is cash burn, but if it can generate >5-10% cash yield, it then becomes very interesting. A few of them are too tiny.

By: slinj

slinj — Fri, 08 Jan 2010 01:48:09 +0000

Jae, very good work. After going through them, I am putting a table together with Pros and Cons on each. Will send to you, you are more than welcome to post it.

By: ryan b

ryan b — Thu, 07 Jan 2010 18:50:20 +0000

What are your thoughts on Hast?

Ticker Price Tang.BV NWC EY FCF Yield P/FCF EV/FCF FCF/Debt
HAST $4.27 $9.74 $0.29 48.9% 25.9% 2.2 3.9 8.9%

By: Tom

Tom — Thu, 07 Jan 2010 18:43:36 +0000

great list! I have a few of them already on my watch list and just waiting for the price to reach my target.. keep up the good work