Sort of thought you'd be across it.... just checking, but also thought my ramble may have been some help to others
Yes CUV quite a Fundamental machine isn't it...Just looking at a Technical chart this morning though it needs to get through this Double Top and then it should/ might be on its way again..... BUT it also may be driven down in the short term by market sentiment (quite possible ATM actually)
Here's a list of some other rather impeccable FA companies to look at, but of course one would absolutely need to sus these out on a Technical front before parting with any money
See below for an explanation of the Fundamental Analysis in either the grey panel on the right-hand side of my chart or running across the header if it’s a list of stocks that I’ve posted
FA explanation
Starting from the top...EY (earnings yield) and DY (dividend yield) I like to see DY at about half or even less that of EY as the higher EY tells me the company can keep paying outits dividend from its actual earnings. DS (dividend safety) needs to be 50 or higher. DG (forecasted annualised % dividend growth) I like DG at least 7 or higher, this tells me that the dividend is likely to grow. RV/ RS/ RT and CI all ideally need to be at least 1 or higher...but RSand RV being more important fundamentally...for strong fundamentals RS needs to above 1 at a minimum...RT is an entry/ exit signal, when RTabove 1 that’s good and when below 1 not so. GRT (annualised % growth forecast) I like Co's at 8 and above. GPE (growth to PE) or PEG in Aust... a number greater than 1.00generally means the company is considered undervalued. EPS (earnings per share) this is a leading 12-month earnings per share forecast... higher the better….PE (price to earnings ratio) shows the number of dollars required by the company to buy $1 of earnings, so a lower PEisbetter, certainly one the is steady/consistent in nature or trending downwards....hope this helps This is not a buy or sell recommendation
(20min delay)
