Hi PB and all the other locals around here, I hope you've all been well, Ive been hanging around in the background here as most you know whilst refining my short term trading skills and looking at ST trading other instruments like the AUS200, Gold, Oil and the Aussie $ and so on
RVR looks good FA wise, just a TA timing thing from here by the looks, haven't looked at what Sector they're in but if that Sector chart is crap like the Lithium ETF then that helps explain RVR woes....see my next post on Lithium
RVR 1 yr daily...and for those who have saved my FA explanation Rap sheet this the new version below
See below for an explanation of the Fundamental numbers/data in either the “grey panel” on the right-hand side of my chart or running across the “header” if I’ve posted a list of stocks 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 rather than other not so shareholder friendly ways…. 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 1.00 or higher...but RSand RV being more important fundamentally...for strong fundamentals RS needs to above 1.00...RT is an entry/ exit signal, when RTabove 1.00that’s good and when below 1.00 not so... GRT (forecasted/ annualised % growth) I like Co's at 8 and above... GPE (growth to PE) or PEG in Australia...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 and certainly a PE that is steady/consistent in nature or trending downwards is best…....hope this helps This is not a buy or sell recommendation