Re: [CANSLIM] Updated CANSLIM hunting list

From: SRP Singh <ssingh_01803@yahoo.com>
Subject: Re: [CANSLIM] Updated CANSLIM hunting list
Date: Fri, 24 May 2002 13:33:40 -0700 (PDT)
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Hi Katherine and ALL,
         Thanks for your reply. it really helps.

I've the following items in my filter to arrive at
forward growth rates cutoff.

If %EPS Proj CFY >= 15.0
Or %EPS Proj CFY = 0.0
Or %EPS Proj NFY >= 20.0

It means projected/estimated EPS growth for Current
Financial Year (CFY) should be greater than or equal
to 15% 
or 
the same equal to zero as some stocks may not have any
estimate
or Projectd EPS growth for Next Financial Year (NFY)
should be greater than or equal to 20 %

Is this a valid way to filter out lower growth stocks
? or Should one use Current QUARTER (instead of Year)
and Next QUARTER estimates? One can also take last 6
months actual EPS growth and extrapolate to arrive at
next 6 month expected growth. 

Which is the more valid way to arrive at growth figure
?

Thanks,
SRP



- --- Katherine Malm <kmalm@earthlink.net> wrote:
> Hi SRP,
> 
> 1. To find out if the RS Line is increasing, I
> simply run a calculation based on the price today
> vs. 26 weeks ago. The RS Line compares the price of
> the stock to the S&P500 on that date and then plots
> it. To be accurate, I should have said that I've
> included stocks where the RS Line is not decreasing.
> That is, I included anything where the RS Line was
> the same or higher over 26 weeks. The calculation is
> as follows: (Pn = Price now, P26 = Price 26 wks ago,
> SPXn = SPX now, SPX26 = SPX 26 wks ago):
> 
> % Inc in RS Line 26 wks = (Pn/SPXn - P26/SPX26) /
> (P26/SPX26)
> 
> The line you see on the DGO or IBD charts is a plot
> of this relationship between Price & SPX over time
> and is *not* a plot of the RS Ranking (1-99) over
> time. That is, it tells you how the price of the
> stock is doing relative to the S&P500. The RS
> Ranking tells you how the stock is performing vs.
> all other stocks based on price appreciation over
> the last 12 months (based on 40% current quarter and
> 20% for each of the previous quarters).
> 
> 2. D/E is Debt to Equity. Or, what some people
> simply call the Debt Ratio. I like it to be <=50%,
> but don't use it as a filter, just a weigh-in
> factor. Reasons are numerous, including errors in
> the data sources, the norm for the industry, etc.
> 
> Katherine
>   ----- Original Message ----- 
>   From: SRP Singh 
>   To: canslim@lists.xmission.com 
>   Sent: Friday, May 24, 2002 12:20 PM
>   Subject: Re: [CANSLIM] Updated CANSLIM hunting
> list
> 
> 
>   Hi Katherine,
> 
>     Thanks for sharing spreadsheet. I've 2 questions
>   though.
> 
>   1. How or where do you get value for "an
> increasing RS
>   Line for the last 26 wks" ? I can see the RS Line
> at
>   charts in investors.com but how do you use it in
> the
>   filter ?
> 
> 
>   2. In one of your earlier mails you've mentioned
> that
>   you prefer the following values :
>   ROE (prefer >=17%)
>   D/E (prefer <=50%)
> 
>   Is this D/E is typo ? Should it be P/E ? Please
> excuse
>   my ignorance.
> 
>   Thanks,
>   SRP
> 
> 
>   --- Katherine Malm <kmalm@earthlink.net> wrote:
>   > Hi All,
>   > 
>   > I've uploaded a more current spreadsheet with
> links
>   > containing "CANSLIM hunting ground" stocks.
>   > 
>   > All stocks have forward growth rates >=15, have
> an
>   > increasing RS Line for the last 26 wks, current
>   > RS>=60, Price>=200dMA, Price>=(-15%) of 50dMA,
> A/D
>   > not D or E. Some stocks will slip through that
> don't
>   > meet all the technical requirements because,
> when
>   > data is missing, I let them pass.
>   > 
>   > Most stocks included have Price>=6, though some
>   > small fry slip through. Most AvgVols are >=30K,
>   > though again, some lower ADV's are included.
>   > 
>   > Stocks to be merged/acquired are not included.
>   > 
>   > Data current as of 5/22/02
>   > 
>   > You'll find the spreadsheet at:  
>   >
>  
>
http://WallStreet-LLC.com/canslim/CANSLIMHunting052202.zip
>   > 
>   > Happy Hunting,
>   > Katherine
>   > 
>   > PS Industries are NOT from DGO, so you will see
> some
>   > differences between the industries identified
> here
>   > and those as they are identified in DGO.
>   > 
> 
> 
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