Re: [CANSLIM] Canslim Evaluation Tool

From: "Tim Fisher" <Tim@orerockon.com>
Subject: Re: [CANSLIM] Canslim Evaluation Tool
Date: 3 Apr 2002 20:31:24 -0800
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I think he means 66 cents/share cash and 84 cents/share earnings (ttm). And 
my data has 44% insiders (6% below my cutoff) but hey, DGO excludes those 
5% owners, which I consider to be insiders. DGO also uses funny money 
accounting (i.e. Enron-onomics) for EPS. Ahem.

At 09:38 PM 4/3/2002 -0500, you wrote:
>Tom,
>I'm sure I speak for all the CANSLIM newbies/lurkers in thanking you and the
>other contributors for the information and analysis you folks make available
>to us. This response to Tim's challenge was excellent. I'm even beginning to
>understand the thought process. The specifics expand on what 's provided in
>WON's books although I guess it's all available in AskIBD.
>
>Re you comment on FCN's cash flow being below earnings - is that 4th qtr
>earnings of $0.23 x 4 = $0.92 compared to cash flow of  $0.80?
>
>I took the trial subscription to DGO. I agree,it certainly makes due
>diligence easier.
>
>Thanks,
>Bill King
>
>----- Original Message -----
>From: "Tom Worley" <stkguru@bellsouth.net>
>To: <canslim@lists.xmission.com>
>Sent: Wednesday, April 03, 2002 8:09 PM
>Subject: Re: [CANSLIM] Canslim Evaluation Tool
>
>
> > OK, Tim, I waded thru the emails, and so far no one was willing to take up
> > the challenge, so I'll put on my negatively biased trifocals and see if I
> > can find fault with these:
> >
> > KKD - as the longer terms members know, I love (read am addicted to) their
> > hot glazed donuts right off the rack. But could never be convinced that a
> > valuation multiple in the very high double digits was good investing.
>Still
> > am not with trailing PE of 88 and projected PE of 62. Short term trend
> > downward, breaking 50DMA today.
> >
> > SYPR - gotta be careful here, as I have this small cap in my VR Fund where
>I
> > have a small profit, 12 month trend clearly up, sequential earnings growth
> > support the big annual earnings forecasts for this year and next, I don't
> > like the much slower growth in sales, debt is high (114%), ROE is low
>(9%),
> > management ownership very high (87%) which means they can do anything they
> > want without shareholder recourse, including selling big blocks of their
> > stock or taking the company private at virtually any price.
> >
> > PER - single digit sales growth, weak earnings forecast (9 & 18% this year
> > and next)
> >
> > MOVI - erratic chart, wouldn't get excited about it till it breaks 20.16
>on
> > volume, I don't trust the forecasts on this one, mostly gut sense of what
> > "people" are doing in real world vs right after 9/11
> >
> > GPI - 6% earnings growth this year (above company forecasts) and 17% next
> > year doesn't excite me
> >
> > SAH - my economics flavor kicks in here, I don't see car sales doing well
> > this year, so can't believe the 21% earnings forecast even with the Don
> > Massey acquisitions, there's not that much juice after recent acquisitions
> > to bolster essentially flat earnings and sales that much, IMO
> >
> > TUES - I'll try to be gentle, since you own this one, and I rarely spend
> > money so am a poor judge of consumer habits, management has 72% of the
> > float, and funds got 43% of what's left, that's hefty, earnings way
> > unpredictable, from several pennies for three qtrs to 63 cents, I wouldn't
> > know what to expect?, debt a shocking 549% and cash flow essentially flat
> > with earnings
> >
> > FCN - had an easy year for comparisons in 2001, but 2002 will be far more
> > difficult, funds own 47% and management only owns 15%, cash flow below
> > earnings
> >
> > Nothing motivated me, I am continuing to build my cash reserves until "M"
> > cleans up its act,
> >
> > Tom Worley
> > stkguru@bellsouth.net
> > AIM: TexWorley
> > ----- Original Message -----
> > From: "Tim Fisher" <Tim@orerockon.com>
> > To: <canslim@lists.xmission.com>
> > Sent: Wednesday, April 03, 2002 9:43 AM
> > Subject: RE: [CANSLIM] Canslim Evaluation Tool
> >
> >
> > Forgive me if I totally disagree with you. There are still quite a few
> > practically perfect CANSLIM stocks out there to discuss, i.e. DFXI,
>without
> > bringing up these extremely sub-par candidates. I would not discourage
> > anyone from bringing them up for discussion, just that when their faults
> > are pointed out, that the advice offered be taken for what it is, namely
> > free.  Take it or ignore it,  but always remember, YGWYPF! IMNSHO. Want
> > something to do with your free time? Rip these apart:
> >
> > KKD SYPR PER MOVI GPI SAH TUES FCN
> >
> > Hint: The C&H isn't the only chart formation out there, nor is it the one
> > that necessarily is the best CANSLIM buy, particularly in this M...
> >
> > At 09:16 AM 4/3/2002 -0500, you wrote:
> > >Easy, Tim:
> > >
> > >While the M's away the CANSLIMMERS must play!
> > >
> > >Duke
> > >
> > >-----Original Message-----
> > >From: owner-canslim@lists.xmission.com
> > >[mailto:owner-canslim@lists.xmission.com] On Behalf Of Tim Fisher
> > >Sent: Tuesday, April 02, 2002 9:19 PM
> > >To: canslim@lists.xmission.com
> > >Subject: RE: [CANSLIM] Canslim Evaluation Tool
> > >
> > >
> > >A stock 30% below its 52 wk high and with the 50dma under the 200 gets a
> > >
> > >10? Out of what, 100? Seriously, how is this a CANSLIM chart?
> > >
> >
> > Tim Fisher
> > Ore-ROCK-On Rockhounding Web Site
> > Owner, Fisher Fisheries, Ltd.
> > mailto:tim@OreRockOn.com
> > WWW http://OreRockOn.com
> >
> >
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> >
> >
> >
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>
>
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Tim Fisher
Ore-ROCK-On Rockhounding Web Site
Owner, Fisher Fisheries, Ltd.
mailto:tim@OreRockOn.com
WWW http://OreRockOn.com


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