if auditor is changed?
tenure of last auditor
fancy non audit fee paid to auditor
good spend on R& D is better.
Software older than 10 yrs is a red flag.
we should meet management,detail website or Google maps or not?
Montiers C score / Beneish M score to check earning manipulation-
growing difference in net income and cash flow.
days sales outstanding DSO increasing
DSI ( inventory) increasing
increasing other current assets to revenue
decline in depreciation rate.
high total asset growth ( serial aquirer
Founder led or family led businesses performed well.
avoid averaging if stock makes sector relative low.
after 20% setback retest hypothisis
Macro is not that important.
China is important
oil price and exchange rates are more important than interest rates.
Recession -
new & used cars demand falling
property rent & buy demand falling.
Fertility - late marriage- less population
political scene- first year is positive and 3-4 is best
Disruption thru technology
don't focus on quarters ,focus on 5-10 years vision.
happy employees are good sign.
Listen the sell side story first
gradual position build up is right.
Comments
Post a Comment
Please express honest