How to simply pick the best stocks
Does your portfolio simply rise and fall with the market? On 4 August 2010 at the ASX Investor Hour in Melbourne Roger Montgomery revealed his technique for valuing the best stocks and buying them for less than they’re worth. Listen to Podcast.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
He is also author of best-selling investment guide-book for the stock market, Value.able – how to value the best stocks and buy them for less than they are worth.
Roger appears regularly on television and radio, and in the press, including ABC radio and TV, The Australian and Ausbiz. View upcoming media appearances.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Stuart
:
Do you have a rating for IDE? My calculated IV is significantly above current price. They have a high ROE and they retain all revenue. Debt is reducing. They are a small cap with not a lot of share activity meaning you could find it difficult to get out if bad news arrived. I assume this would rate lower on your system. The numbers look ok but I am still not sure.
Roger Montgomery
:
Hi Stuart,
Do you have a forecast for 2011 to use in your estimates for IDE (Ideas International)?
Stuart
:
No I can’t find a forecast for IDE. I have used 20% ROE.
Roger Montgomery
:
Thanks Stuart.