Monthly Archives: January 2014

$OCDO.L – Ocado – vastly overpriced

Food retailer OCDO (Ocado) recently published its 2013Q4 results, which saw sales up 20%. It collaboration with Morrisons is starting to bear fruit. There is considerable price momentum in the company, and bears are, understandably, probing for weakness to see … Continue reading

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$GAW.L – Games Workshop – disappointing half-yearly report

¬£GAW issued its half-year report today, sending the share price down 24%. Ouch. Not a good one, then. Paul Scott wrote about it more eloquently than I ever could: http://is.gd/hfjz1x , and says that a price of “350-400p level as … Continue reading

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TPT – good call by Goldman Sachs

6 months ago, I noted that Goldman Sachs tipped TPT (Topps Tiles) as a conviction buy. It was 75p at the time. It is now 143p. I’ve noticed that other conviction buys have done very well. So, it’s not just … Continue reading

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MTC – my thoughts

MTC (Mothercare) is down 27% today as it released an IMS. Over on Stockopedia, Paul Scott said (http://is.gd/14h9K5) “I would definitely not be long of Mothercare”. That view isn’t universal, and some experienced investors expressed the view that it is … Continue reading

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SBRY – a QnD valuation using CAPM

SBRY (Sainsbury) released a trading statement today, which @SandyMidd tweets as “Sainsburys trading statement positive despite market reaction. Sales up 2.7% and LFL up 0.2%. Will probably put Tesco in shade. Strong HOLD.” The market reacted positively to the statement … Continue reading

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Praise for Stockopedia

Stockopedia has a wealth of resources for those into quantitative strategies. Their composite long index is up 63% over 2 years, compared with 25% for the Footsie. That’s an impressive outperformance. Although not stated explicitly, I think the composite figure … Continue reading

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Magic Hat Portfolio

On 19 December 2013, I reported that I wanted to change my public portfolio on Stockopedia from a defensive style to a Magic Formula style. I just didn’t think I could achieve significantly superior outperformance using the former approach. So … Continue reading

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