Iwright7

Rarely do the stars align and the share price not follow, but the Churchill China (LON:CHH) price has been flat in spite of a recent upbeat trading update.... performance will be ahead of our earlier expectations for the full year. With a Quality Rank of 99, Financial Health F score of 9 and bountiful  return numbers which have improved consistently for the last 5 years,…

A new podcast with Vanguard’s Factor manager, Liqian Ren. Her funds include Quality, Momentum, Value and Multifactor (Stockrank) style ETFs. As an aside Liqian suggests that in the US during the last 10 years Quality has outperformed Value and Momentum and that this is logical because high Quality companies will produce more organic growth. Confirmation bias perhaps, but this style makes a lot of sense…

For those of you interested in Factor investing I have come across a new US series. It's called Flirting with Models which focuses on the quantitative and human aspects of Investing. Particularly good are the Momentum interviews with Adam Butler and Jack Vogel.Pearls of analytical wisdom and all for free.  Enjoy...https://blog.thinknewfound.com...

Just occasionally a book, or an interview gives me a little more insight into my preferred investing method namely Growth/QM. So it is with the interview with the Growth fund CEO Paul Black of WCM Investment with $200B of assets under management. It is a fascinating discussion which includes the desirability of Moat company culture aligning with its competitive advantage. Almost as an aside Paul…

I have today taken an initial position in another little known (to me anyway) microcap "High Flyer" whose niche and metrics intrigue me. My notes to date:Symphony Environmental Technologies (LON:SYM) core business is a licence for a US patented additive made by EPI Inc to improve polythene biodegradability. The company has also developed other anti-microbial and fire-retardant additives. With Sir David Attenborough on the plastic…

In view of the current market uncertainty an interesting Meb Faber podcast this month with the legendary investor Howard Marks, (who has a new book out - Mastering the Market Cycle) ....We should celebrate our portfolio where 100 is maximum in the stock market and 0 is completely out. Your score  should be depend on the market cycle and attitude to risk. Think about what…

One of the joint brokers is suggesting that the 2019 prospective PE is just 15.4, so still looks good value to me. Ian

Donald - Interesting that High Q is beating High M. My portfolio are mainly High Q/QM shares and I calculate its 12 month MAT at the end of each month. At the end of September my Q/QM style portfolio was up +14.5%/annum which I was a bit disappointed with, but given the uncertainty in the market is maybe not too shabby. Keith is definitely Quality…

The Stockrank score is an equally weighted composite of the Value, Quality and Momentum scores so a significant Stockrank change will reflect a change in one or more of these component scores. Therefore I do believe that a significant SR upgrade to 80+ is one to take note of as a potentially improving/undervalued company. I personally though take more notice of Quality and Momentum (QM)…

I would be interested too. How do I get in touch please? Ian