Suncorp Metway is underperforming at present and the editor of the Smart Money Editor at the Advertiser talks to experts about the reasons for this and about the company's future. Both Tim Lincoln and Elio D'Amato are quoted in this article reporting on the company's financial performance and on the banking and insurance sector as a whole.
Tim Lincoln is one of a panel of experts that offer readers share tips. Tim's recommendations, which include BHP Billiton and Monadelphous are found to be financially strong, well managed and undervalued.
Australian superannuation funds have invested significantly in Australian-based shares, with an average 55 percent of their share portfolios based in this country. The All Ordinaries Index has risen 140 percent since 2003 in a bull run. Lincoln's Elio D'Amato is quoted in this article, providing a list of strong companies.
The statement "you need money to make money" is never truer than in the corporate arena and this article, by Tim Lincoln, explains the reasons that a healthy cash flow is so critical to a strong business. Using the examples of two companies at either side of the cash flow spectrum, Tim clearly explains why operating cash flow and cash levels are the two most significant determinants of corporate failure.
By Bina Brown
This article looks at some of the federal budget's major components and their possible impact on the Australian economy. It incorporates Lincoln's sector by sector analysis and outlines to readers factors that may impact the performance of companies in these sectors.
This cover story looks at the concept of margin lending and educates readers about the advantages and disadvantages of using this method to fund share investments. Tim Lincoln comments about the factors that drive the market and those that may slow it down, providing valuable insights to readers.
The end of the financial year is an excellent time to re-evaluate your portfolio. In this article, Tim Lincoln provides 7 tips for sprucing up your portfolio to ensure you eliminate underperforming companies and focus on financially healthy companies that have a positive outlook and are in an undervalued position.
By Karin Derkley
This is the amazing investment story of two young Stock Doctor subscribers who are using Lincoln's methodology to achieve their goal of having an income to allow them to work part time -- or not at all. In 2003, Helen and Duane Thomas discovered Lincoln and Stock Doctor and began investing in shares using Stock Doctor. Subsequently selling their home to buy more shares, they now enjoy a much greater financial independence than they would otherwise have achieved.
By Barrie Dunstan
Well known to Stock Doctor subscribers, the nine golden rules spell out the method whereby investors can make informed decisions about the companies in which they are considering investing in. This illustrates the way to choose financially strong, undervalued companies that represent strong potential for share price appreciation.
Many Australian companies offer their shareholders extras in the form of discounts, freebies and various perks, in a bid to win investor loyalty. Tim Lincoln’s insights into this practice – both from the perspective of investors and the companies’ bottom lines – are included in this article.
The market is in the fourth year of a bull run and some experts advise that it may be time for precautionary measures. The article quotes Lincoln’s Director of Stock Doctor Research, Elio D’Amato. His central message is that there will always be opportunities for astute investors and he provides 5 examples of companies that satisfy Lincoln’s criteria as strong, undervalued companies.
Lincoln Managing Director, Tim Lincoln, provides an analysis of Cabcharge Australia Limited (CAB), including an insight into the reasons why Lincoln classifies the company’s as financially healthy.
A warning to self funded retirees to ensure they are taking advantage of their low tax thresholds, to maximize investment returns. This article quotes Tim Lincoln and provides valuable advice to tax conscious low income earners.
This article in the Business section looks at trends likely to impact performance in 2007. It lists individual companies likely to outperform based on their fundamental financial strength. This article quotes Tim Lincoln, stating his optimism about companies that have the potential to grow their profits and dividends, as well as companies subject to takeover bids (as quite a few were during 2006) to deliver windfall gains.
Lincoln prepared a second part to the Bulletin feature story on the Hot 50 companies for 2006. Once again, Lincoln’s unique methodology was used to rank the top 10 emerging companies. This story looks at the best performing emerging companies for 2006– those small cap stocks that have outperformed the competition and promise to hit the heights in 2007.
This article explores the acquisitions dilemma: while they are a great way to grow a business, it takes a management team of great skill to be able to then integrate them seamlessly into the business. Tim Lincoln uses the Lincoln methodology to examine two companies -- CSL Limited and WHK Group Limited -- to demonstrate how a successful acquisition can help a company’s profit and share price.
Lincoln’s unique methodology has been used by the Bulletin to rank the top 50 companies from the Australian Stock Exchange. An in-depth look at these companies and what it is that sets them apart. This feature article provides good insights into what makes a company worthy of consideration as an investment.
Dialling into T3 and holding on just long enough to take the high initial dividends is not without risk. “ Investors see a 1- per cent yield and think it’s great but the yield is derived from a sliding share price, so they erode their capital in order to enjoy a higher yield which is not a smart strategy at all”, the managing director of Lincoln, Tim Lincoln says.
Regardless of the sweeteners, long-term investors will need patience and faith in Sol Trujillo if they want to buy T3 shares. What they said: “ Telstra, the company, is not going to fail. It has strong profitability, conservative debt and a record of dividends. However, its earning are going backwards”, says Tim Lincoln of Lincoln.
Santos and Queensland Gas Company have disputed each other’s valuations as the takeover battle for the coal-seam gas operator moves from the sharemarket to the pubic relations. Elio D’Amato director of research group Stock Doctor said that the current valuations, QCG was worth 8 per cent of Santos.
Santos and Queensland Gas Company have disputed each other’s valuations as the takeover battle for the coal-seam gas operator moves from the stockmarket to public. Elio D’Amato director of research group Stock Doctor said that the current valuations, QCG was worth 8 per cent of Santos.
Recommended: Allco Finance Group (AFG) – Allco provides an alternative exposure to the financial services industry by investing in businesses involved in equipment leasing, securitization, funds management, underwriting of financial risks and other structured products.
It’s choppy and volatile but the market in general still posses wonderful long-term opportunities, says Tim Lincoln, managing director of Lincoln. Lincoln says that while rising interest rates are certainly contributing to market volatility, he blames traders and hedge funds for creating excess volatility. In this scenario, it is even more important to review a portfolio quite frequently. This means holding superior-quality stocks based on solid fundamentals and keeping a close eye on any company announcements that may have a material impact. Strong stocks are bought for a reason, Lincoln says, which is a correction should not shake.
Despite the market wobbling in the last year, the margin lending industry just keeps on getting bigger. The now love three-year love affair that Australian investors are having with financial products that offer them geared exposure to shares has to date not been troubled by the share market’s long period of uncertainty.
It’s one of the best – performing blue chip stocks, with a positive outlook. Rio Tinto Limited (RIO) is Australia’s second largest diversified miner. The company mines iron ore, copper, aluminium, coal, gold, diamonds and other industrial materials and minerals. Rio has taken full advantage of the recent commodity boom to post a series of stellar earnings results. This has made Rio one of the best-performing.
Despite huge cash flows, notably in resources, companies are holding out on shareholders. Lincoln Stock Doctor head of research, Elio D’Amato goes further with a suggestion that dividends paid by many prominent companies indicate they could be battening down the hatches for more difficult times ahead.
New accounting standards are making the true performances of Australian Companies, making them appear less healthy despite no real deterioration in cash flow and debt levels. Financial risk measurement group Lincoln yesterday released a report that found the overall financial health of Australia’s top 100 companies had deteriorated in the past year.
The financial health of top 100 companies deteriorated in the last financial year, according to financial risk company Lincoln. Tim Lincoln said one of the key factors involved the ratio of a company’s total liabilities to total tangible assets, and with reduction of asset values caused by the new accounting standards this gearing ratio had increased, impacting the financial health score.
Falling oil, gold and base metal prices incited the largest one-day loss on the share market on more than two weeks in a round of selling that weighed heaviest on the energy and material sectors. According to financial risk, Management Company Lincoln the proportion of these companies with a strong to satisfactory health rating declined to 68.4 per cent in the year to June.
How healthy are Australia’s major companies? We’ll after laboriously crunching all the numbers from the ASX 100, financial risk guru Tim Lincoln found their health is slipping slightly due to the amount of takeover activity had increased gearing levels and reduced net tangible assets because of high levels of goodwill.
The financial health of top 100 companies deteriorated in the last financial year, says financial risk company Lincoln. Lincoln’s analysis of the ASX 100 found 69 per cent were in a strong or satisfactory position compared with 73.3 per cent of the previous year.
The financial health of top 100 companies deteriorated in the last financial year, says financial risk company Lincoln. While the market remained financially sound, recent acquisitions and the introduction of accounting standards which reduced asset values had made an impact.
The financial health of the top 100 companies deteriorated in the past financial year, according to financial risk company Lincoln. While the market remained financially sound, recent acquisitions and the introduction of accounting standards which reduced asset values had made an impact.
The financial health of the top 100 companies deteriorated in the past financial year, according to financial risk company Lincoln. While the market remained financially sound, Lincoln’s analysis of the S&P/ASX 100 found 68 per cent were in a strong or satisfactory position.
Lincoln Australian Share Fund. The fund has been ranked No 1 for its performance in it’s category of 118 Australian share funds by investment research house Morningstar.
Daily swings of 1 per cent in the stock market have been fairly common in recent months, prompting remarks that the bourse has been as volatile as some can remember. According to Tim Lincoln, the managing director at researcher Lincoln, the panic which grips many investors during times such as these comes back to lack of faith in quality of businesses that they have invested in. “ If investors felt certain in the fundamental performance of the companies in which they invest, then sell-offs are not any significant concern – regardless of when you enter, if you chose good quality stocks and have a sound investment strategy in place, they will generally perform well over the medium to log term.
Money spells out 10 steps that should set you on the road to becoming a successful investor, avoiding duds and giving yourself the best chance of building wealth. “A company should have a good history of growing it’s profits from year to year,” says Tim Lincoln of Lincoln Indicators. In his view, earning should be rising on average, by at least 8% per year.
A lot of analysts are full of good advice but don’t always follow through themselves in the real world. You couldn’t say that about fundamental analysis company Lincoln Indicators. Having built a business selling software and advice for investors, it’s efforts in the boutique Lincoln Australian Share Fund have also bourne fruit.
With most companies sitting on the healthy balance sheets, the profit-reporting season that is about to begin should deliver bumper dividends. Lincoln, Managing director Tim Lincoln, who also looks after his company’s managed fund, says its important when assessing the profitability of a company to examine its history of dividend contributions. Behind any dividend should be a history of profit growth.
Once upon a time in the world of investing, a battle raged between advocates of technical analysis and those who championed fundamental analysis.
There is little doubt the market will recover from its recent falls. But investors need to focus on the fundamentals in the meantime. Lincoln’s director of Stock Doctor research can’t wait for the August and September reporting season as we expect to see evidence of many quality businesses that have become cheaper to buy die to corrections.
Most of the market action during the latest correction has not been based on anything tangible – it has been driven by sentiment.
Stock Doctor’s Elio D’Amato considers health-care company Ansell is a good proposition based on its discounted price to earnings ratio, compared to it’s peers.
Investors don’t need a map to find bargains on the stock exchange. These are testing times for investors as share prices lunge forward one minute and jerk to a halt the next like a souped up sports car. But the volatility caused by the May reality check and end-of-financial-year market manipulation has created opportunities for astute investors. According to Tim Lincoln, Managing Director of Lincoln the key to earning consistent returns over the long-term period is to ensure your portfolio contains only superior stock. Fundamental financial health is the basis for Lincoln’s pick of star stocks.
Finding blue sky in a stock is a highly subjective process: there must be a “story” about the stock that creates a setting for profit growth. Tim Lincoln, managing director of financial analysis software provider, Stock Doctor, says the problem is usually contained in forecasts and investors trying to find a great business at a reasonable price can’t rely on forecasts.
Take advantage of its recent 19% price fall which makes it more attractive – it is now trading on a historical low price/earning ratio.
If you’re new to shares or need a little help, Money’s step by step guide. Lincoln says online broker sites might have a plethora of information, but programs such as Stock Doctor complement this because they actually analyse and interpret the data for investors.
Avoid speculative stocks, says analyst
Elio’ D’Amato, research analyst at stock research company Lincoln, says investors should be looking for companies with good management, low gearing and which show evidence of healthy earnings growth.
Market pundits are hunting for bargains following the recent sharemarket falls, arguing that volatility has revealed hidden gems with sound fundamentals that will help share prices rise over the long term. Lincoln, managing director Tim Lincoln said, “If there is a downturn or correction in the market, it is imperative that investors don’t panic and realize their loses.
Think very hard before ploughing your hard earned into biotech. There’s nothing more frustrating for an investor than seeing a red hot sector but not being able to pick a winner. Welcome to the biotechs. However Lincoln Stock Doctor believes that not one biotech stock is financially sound enough to be qualified enough to be a Star Stock.
Stephen quotes Tim Lincoln, from his monthly Stock Doctor client newsletter, saying "those who have been pessimistic, or procrastinated, or tried to time their (market) entry over the past five years have missed out on one of the great bull runs in share market history".
With around 30-40 share trading packages available on the market, it is important to choose one that will do what you need, and does not have features you don't understand. Lincoln's Stock Doctor is one package that receives plenty of good press from its clients.
With recent coverage mentioning the boom in the energy and resources market; the benefits have also flowed onto the companies that service this sector, particularly Monadelphous Limited which has been a strong performer for a number of years.
The 35% increase in complaints to ASIC in the last few months of 2005 is a sign that not all investment software providers are living up to their promises. Tim Lincoln, Managing Director of Lincoln, welcomes tougher standards for investment software providers.
Lincoln identifies a deterioration of the health of blue chips, with 73 per cent of the top 100 companies achieving a strong or satisfactory financial health rating, compared to 82 per cent this time last year.
Despite the All Ordinaries Share Price Index being at record highs, financial risk measurement company Lincoln identifies the top 100 as not as financially healthy as this time last year.
Managing Director of Lincoln, Tim Lincoln, said the deterioration in the financial health of the Top 100 compared to last year, may be the result of the initial shock of companies complying by the new financial accounting standards, and hopes to see a steady improvement as businesses realign with this change.
Australia's four biggest banks have performed excellently over the past decade. Managing Director of Lincoln, Tim Lincoln, says that many investors favour the banks due to their earnings stability and attractive dividend yields.
With the sharemarket now split into at least three different sub-markets, within the one overall market, how are investors to know what to target. The key is to search for value; Lincoln's Director of Stock Doctor research Elio D'Amato says previously out-of-favour IT stocks are currently showing a comeback.
With the stock market only a few strong trading days away from hitting the 5000 mark, Director of Stock Doctor Research, Elio D'Amato, expects that the market will keep going up for the rest of the year. It is the performance of individual companies that is determining the direction of the index.
Stephen details how his easy research technique into a hot tip of the week, Aztec Resources (AZR), has showed outstanding results; with Stock Doctor being part of the process.
Barbara discusses the current state of the market, and that despite the treacherous ride the share market has performed well. Tim Lincoln contributes that the key to riding out short term volatility in the market is to invest in only the financially strongest companies.
Lincoln, creator of Australia's premier fundamental analysis software Stock Doctor®, in conjunction with the widely read national business magazine The Bulletin, has released its inaugural 50 Hot Shares for 2005.
John Wasiliev discusses the major attraction of self managed super funds (SMSF) is their wide investment choice. He details what makes a good investment for a SMSF, with Tim Lincoln contributing examples of companies of interest that are consistently profitable, pay reliable dividends and have great leadership.
According to Lincoln, although the Australian sharemarket dropped 4.1 per cent in the month of October, the overall state of the market is looking pretty good at the moment, and it is a good time to be buying blue-chip companies.
Tim Lincoln states that the key to achieving sustainable returns from the sharemarket is to invest in companies that are healthy, profitable, efficient, growing and undervalued. He takes a look at four companies that meet each of these criterions.
Tim Lincoln identifies a number of smaller companies paying four to five per cent dividends including Candle Australia, Funtastic, Oakton, FKP Property and Consolidated Materials. Lincoln states that these companies are likely to generate sufficient profits to cover a rising dividend.
In this month's edition, Tim Lincoln takes a look at the importance of conducting a portfolio audit to ensure that companies in your portfolio met expectations following the reporting season. He takes a look at Monadelphous Group, Brazin, Perpetual Trustees and Objective Corporation, each of which operates in different industries, to see how they fared this reporting season.
According to Lincoln, the Australian sharemarket is not as healthy as it was this time last year. In its assessment of the market, it has found that one year ago, 86.8 per cent of companies in the ASX 100 received a strong or satisfactory financial health score, compared with 73.3 per cent this year.
Lincoln’s, financial analysis software Stock Doctor® demonstrates that the decision to invest must be made on a company-by-company basis. Despite the strength of the Australian economy, only four of the top 100 companies in the Australian sharemarket showed an improvement of their financial health over the past year.
Lincoln reveals that the Australian sharemarket is not as healthy as it was this time last year. In Lincoln's assessment of the market one year ago, it rated 86.8 per cent of companies in the top 100 as having a strong or satisfactory financial health score, compared to only 73.3 per cent today.
In this month's edition Tim Lincoln speaks of the importance of share investors being prepared during the annual reporting season, to ensure companies they invest in return satisfactory results, and to identify opportunities that may present themselves. He looks at four companies with big developments leading up to the reporting season... |
