Samstag, 3. Juni 2017

Bloomberg Article - Forecast on Decline in Oil Demand

An intersting view on the oil demand which could be - depending on the point of view - positively/negatively impacted impacted from the following changes:

  1. efficiency improvements, i.e. for engines
  2. electrical cars, some oil companies like Shell plan hydrogen cars from natural gas
  3. biofuels could replace oil
Some Companies mentioned: Peabody (coal), Statoil ASA (Norway), Exxon Mobil.


Link: https://www.bloomberg.com/graphics/2017-oil-projections/

On the Statoil ASA webpage I found some details about new energy solutions like offshore wind parks. Link: https://www.statoil.com/en/what-we-do/new-energy-solutions.html

Donnerstag, 1. Juni 2017

Eric Cinnamond

Thanks to csinvesting I learned about Eric Cinnamond who is -according to his website- a portfolio manager for an absolute return strategy and writes about this on the blog. There is also a podcast conversation on The Felder Report.

Links:
Homepage of Eric Cinnamond
http://ericcinnamond.com/
Podcast on the Felder Report
https://www.thefelderreport.com/2017/05/30/podcast-eric-cinnamond-on-the-value-of-absolute-return-investing/

Montag, 29. Mai 2017

Financial Priorities - Pyramid - Morningstar

Ms. Benz from Morningstar proposes an investment pyramid which has as basis "having a goal" and only at the top the "investment selection".

So the ranking in terms of priorities are as follows:

  1. The Basis: Setting and Prioritizing Your Financial Goals 
  2. Managing Your Saving and Spending Rate
  3. Your Asset Allocation
  4. Your Own Behavior 
  5. Managing for Tax Efficiency   
  6. The Top: Making Investment Selections

Food for thought... although turning stones to find interesting companies and stocks is more fun😉
I would also add Risk and Money Management as important topics in this process.

Link to the article:
http://news.morningstar.com/articlenet/article.aspx?id=789005

Schroders Blog - Value Investing Strategy Works Also in Emerging Markets & Sectors

Schroders writes about value investing in China and mentions Chinese distiller Kweichow Moutai and Russian utilities like Inter RAO as examples working in the past.

Links:
Schroders articles:

http://www.schroders.com/en/uk/the-value-perspective/blog/all-blogs/a-value-strategy-works-in-emerging-markets-as-much-as-developed-ones/

http://www.schroders.com/en/uk/the-value-perspective/blog/all-blogs/why-whole-sectors-being-tarred-with-the-same-brush-is-good-news-for-value-investing/

Interesting statement from 2nd article:
"...Regular visitors to The Value Perspective will be well aware of our view that some parts of the stockmarket – particularly the supposedly stable, low-volatility, ‘safe-haven’ sectors, such as food, beverages and tobacco – are historically very expensive while others, such as financials and mining, remain historically cheap...."

Company info on FT:
Kweichow Moutai: https://markets.ft.com/data/equities/tearsheet/summary?s=600519:SHH
Inter RAO: https://markets.ft.com/data/equities/tearsheet/summary?s=IRAO:MCX

Montag, 17. April 2017

Dividend Investing

Information about dividend investing in the US (DRIP), includes a list of stocks with dividends:

http://www.dripinvesting.org/tools/tools.asp

Article about Geraldine Weiss and stock screen:

https://www.forbes.com/2002/02/12/0212adviser.html

Dorfman Screen - ROE and Earning Growth

John Dorfman writes about a screen where the company must have a 30% return on equity and 30% earnings growth over last five years.

In 2017 36 companies made the cut, among them mentioned:
Texas Instruments (TXN)
MasterCard (MA)
Viacom (VIA)
NVR
Gilead Sciences (GILD)

http://dorfmanvalue.com/only-red-hot-companies-can-make-my-30-30-club/

Gilead has according to Yahoo Finance a trailing P/E below 7 and a ROE of 70.
https://finance.yahoo.com/quote/GILD/key-statistics?p=GILD