Investment Idea Sharing March 30, 2014

This Week's Activity – March 29, 2014: 

Two weeks ago, on March 13, China National Offshore Oil Company (CEO) dropped to $147.24 due to a possible bribery scandal in their dealings with the Chinese government. 

Here is the article: http://seekingalpha.com/article/2093833-corruption-scandal-creates-a-buying-opportunity-for-cnooc

CEO has been showing up on several of my stock screeners for the past few weeks.  I have been trying to decide if I should take a chance on this Chinese oil company.  Here is a link to the StockEvaluator.xls spreadsheet with a ‘Row–by-Row’ Comparison of CEO and several other large oil companies from around the world sorted by Red cell count.  CEO looks the best and also pays a 3.8% dividend.  http://www.ultimatestockfinder.com/stockevaluator_ceo_comparison.xls

Yahoo Finance Key Statistics for CEO:

http://finance.yahoo.com/q/ks?s=CEO+Key+Statistics

I will place a Limit order for CEO on Monday 3/31/2014 at $149/share.  

This week, the world market indices were mixed, some up a little, some down a little, but mostly flat.  Read more here: http://finance.yahoo.com/news/wall-st-week-ahead-u-212331905.html

Summary Table of Worldwide Market Index Closing values for this week:

 http://www.ultimatestockfinder.com/weekly_index_summary.GIF

I still think the markets are overpriced but I continue to look for good values on individual stocks of good solid companies. 

This week I found a website (http://www.insiderinsights.com/free/ ) that provides a free list of the weekly top 20 Insider Buys and Sells by dollar volume for stocks traded on US markets.

I have added their link to the Ultimate Stock Finder.com “Links” page at Table of Contents Section “1. Current Stock Market Values & Metrics” http://www.ultimatestockfinder.com/websearchlinksindex.html#today

At the right hand side of the “InsiderInsights Free Stuff” page, select either “Buys” or “Sells” and then click “Get top 20”.  The new window shows an excellent table containing:

Filer Name and  Title; Company Name and Ticker Symbol; Transaction Type and $ Value.

I will be checking these Top 20 Buy and Sell reports weekly to keep track of what the insiders are doing, and see what stocks I should be researching. 

StockEvaluator ‘Short List’

View ‘Short List’ here: http://www.ultimatestockfinder.com/stockevaluator_short_list.xls

‘Short List’ screens using 12 fundamental value limits that I want to see in a stock before considering it as a possible buy. 

View our training video that shows how to enter your preferred values for each of these ‘Short List’ screening limits:

https://www.youtube.com/watch?v=FAwU48oEkJU

View the ‘Short List’ screening criteria and target limit values here: http://www.ultimatestockfinder.com/short_list_12_criteria.JPG

Stocks on the ‘Short List’ list this week are: CAJ, CHL, DCM

When StockEvaluator.xls was not working for the past few weeks, I had to use the FinViz stock screener.  It is excellent, so I am continuing to use it along with my ‘Short List’ as a parallel check to find good fundamental stocks that are near their 52 Week Lows.  Here is the FinViz stock screener link set to the 9 of 12 ‘Short List’ limits that are available at FinViz.  

This is in the FinViz ‘Custom’ view: http://finviz.com/screener.ashx?v=151&f=fa_debteq_u0.8,fa_div_o1,fa_ltdebteq_u0.8,fa_netmargin_pos,fa_payoutratio_u70,fa_pb_u2,fa_pe_u20,fa_ps_u2,fa_salesqoq_pos,ta_highlow52w_a0to10h&ft=4

Due to continued problems with our Mutual Fund web look-up functions, we still cannot update the data in Mutual Fund Evaluator.xls.  We are working to fix this problem and hope to have a fix in place soon.  Stock Evaluator.xls is now working properly and is available for download from our website.

 

Next Monthly Meeting 2^nd Tuesday of Each Month:

Tuesday, April 8, 2014, 7:30 PM at my house. 

Here are my Stock BUYs for This Week:

Stock Symbol:

Buy Date: 

Buy Price:  

Target Sell Price:

Here are my Stock SELLs for This Week:

Stock Symbol:

Sell Date:

Sell Price:

Buy Price:

Buy Date:

Here are my Mutual Fund BUYs for This Week:

Fund Symbol:

Buy Date: 

Buy Price: 

Target Sell Price:

Here are my Option (CALL or PUT) Sells/Buys for This Week:

Option:

Stock Symbol:

Sell to Open Date:

Expiration Date:

Strike Price:

Option Price:

Visit www.ultimatestockfinder.com to download our Stock Evaluator and Mutual Fund Evaluator spreadsheets, read training articles and check out all our web links for investing information.

Please remember to send me any other investing ideas, information or questions that you want to share with the group.

Thanks,

John D.

Disclosure: The author has no positions in any of the stocks or mutual funds mentioned in this article unless clearly stated above. We certify that except as cited herein, this is our work product. We received no compensation or other inducement from any party to produce this article.  Please see our full legal disclaimer at:  http://www.ultimatestockfinder.com/stockevaluator_disclaimer.html

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