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Blog Replaces Featured Stocks
A Blog has been added to replace the Featured Stocks section. This should make it easier to maintain regular updates and at the same time give visitors a better interface. The original Featured Stocks section can be found at the following link:
Problems with Screens
There are some problems with the screens not showing as many stocks as expected. This is due in part to missing float information and historical growth information from the data sources.
Stock Portfolio Performance Section Added
Added a new tab, "performance", to contain the GI stock portfolio performance reports. Performance reports that were in the "featured stocks" section have been moved there. We will try to update it a few times each month.
Stock Quotes Improved
- Added price change, and today's volume (also represented as a % of the average 3m volume). - N/A displayed for stocks where NCAV would otherwise be negative or invalid - Quote page loading speed improved - Quotes open in new window
ELBO Acquired by GameStop
We profiled Video Game Store Chain Electronics Boutique (ELBO) at $42.55 on 03/24. Today it was announced that Gamestop would buy ELBO for $1.44 billion in cash and stock. As a result, ELBO gained 34% today, closing at $55.21 and is no longer appearing on our Intrinsic Value screen.
Forums are working
The Discussion Forums are now (hopefully) working correctly. Please delete your browser cache and log in again, then try to access the forums tab. If you still get the "Insufficient Privileges" message, please let us know.
New Features Added to Screens
Ticker symbols in all screens are now active links. Clicking on them will display an intraday "on-the-fly" quote and update of Graham's Number, Intrinsic Value, Price/CFO etc. It will also display a Quote.com chart. Below each screen table is a form where you can input any ticker (must be a valid Yahoo! ticker) to get the same information for your own stocks.
New Screen: Intrinsic Value
We have added a new Intrinsic Value screen which ranks SmallCap stocks in terms of forward growth estimates and intrinsic value (according to Graham's formula in The Intelligent Investor).
02/11/2005 Ulticom (ULCM)
Strong fundamentals and good support in the $12.50 to $13.00 range make ULCM worth watching.
02/25/2005 Arch Capital Group (ACGL)
Insurance and reinsurance underwriter Arch Capital Group turned up in our Value Screen. It looks like a long-term value play. Although some slowdown is inevitable in the insurance business as reported by numerous sources (possibly contributing to Arch's current low valuation), it is unlikely to be drastic.
03/04/2005 Krispy Kreme Doughnuts Inc (KKD)
Krispy Kreme showed up in our Value Scan of the week ending Feb 18th 2005 at $5.54. The thing to remember about KKD is that it has been beaten down all the way from over $40 after an indisciplined and overly-aggressive growth strategy went awry, and anyone who invested in it at those levels will have gone through the proverbal wringer by now. There's a lot happening with KKD; SEC investigations, Investor Class-action suits, debt problems, defaulting, possible bankruptcy. It seems a little odd to mention such a tarnished stock here as a value candidate, but read on.
03/18/2005 CNA Financial Corp (CNA)
CNA Financial Corp, like ACGL is in the Insurance and Reinsurance business. Insurance may sound like a boring business, but it is certainly a money-spinner for Value Investors. After all, both Ben Graham AND Warren Buffett were heavy investors in Insurance - Geico in particular.
02/18/2005 M&F Worldwide (MFW)
This value stock is trading a whisker under $14.00 but with a Book Value of over $17/share it is considerably undervalued. Having a strong cash position and cash flow it certainly makes money, plus being a niche player makes MFW an interesting Value proposition.