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The Stingy News Weekly (10/07/2017)


"The fact that people will be full of greed, fear or folly is predictable. The sequence is not predicatable."
- Warren Buffett


New from StingyInvestor

A succulent value strategy
Summary: Picking low multiple stocks (book value, earnings, cash flow, sales) from the S&P/TSX Composite worked over the last 15 years. Book value provided marginal gains vs the market while the others fared much better. Low-P/CF fared the best. [$]


Stingy Links

Warren Buffett interview
"Warren Buffett, Berkshire Hathaway chairman and CEO, speaks with CNBC's Becky Quick about his outlook on markets, tax reform and his new investment in Pilot Flying J." [video]
[Buffett]

Safely withdraw funds in retirement
"If you're planning to quit work in your early fifties and think there's a good chance that you or your spouse may make it into your nineties, all bets are off. In such a case, it makes sense to begin your retirement by being even more cautious than the 4 per cent rule would dictate. Conversely, if you're 90 and still have a hefty portfolio, it's not clear why you should stick to a 4-per-cent annual cap on your spending."
[Retirement]

The cat ETF
"I was rich. Right? I mean, that's what my Bloomberg said. I'd just entered in an index built from companies with 'cat' in their names -- yes, the furry felines -- hit a button and watched it back-test to an 849,751 percent return. Forget the internet, I thought. Cats are about to take over smart beta."
[Markets]

Tax-avoiding whales swim free
"We know for certain, however, that when it comes to tax neutrality, owners of private corporations are mere tiny fish swimming among the tax-avoiding whales. Millions of Canadians use equivalent passive-investment vehicles to duck billions in taxes on personal and investment income every year. They're called pension plans."
[Taxes]

Value stock returns
"Examining the 5-year and 10-year results, one finds similar (but much more pronounced) results as in the mid/large-cap stocks. At a 5-year level, there are more Growth stock losers (highly negative returns) and at the 10-year return level there are more big winners from the Value stocks."
[Value Investing]


S&P/TSX60 Value Screens

High Dividend Yield StocksP/EP/BP/SYield
Inter Pipeline (IPL)3215
BCE Inc. (BCE)3135
Pembina Pipeline (PPL)1225
Enbridge (ENB)1445
CIBC (CM)5335
Power Corp of Canada (POW)5555
TELUS (T)3135
Emera (EMA)2445
Shaw (SJR.B)2225
TransCanada (TRP)1225
Notes | More Info...


Low Price/Earnings StocksP/EP/BP/SYield
Cenovus Energy (CVE)5553
Barrick Gold (ABX)5331
Teck Resources (TECK.B)5541
Magna (MG)5353
CIBC (CM)5335
Husky Energy (HSE)5540
Thomson Reuters (TRI)5223
Power Corp of Canada (POW)5555
Sun Life Financial (SLF)5444
Bank of Montreal (BMO)5434
Notes | More Info...


Low Price/Book Value StocksP/EP/BP/SYield
Cenovus Energy (CVE)5553
Crescent Point (CPG)0544
Goldcorp (G)3521
First Quantum (FM)0521
Cameco (CCO)0534
Teck Resources (TECK.B)5541
Husky Energy (HSE)5540
Power Corp of Canada (POW)5555
Kinross Gold (K)1540
Valeant Pharma (VRX)0550
Notes | More Info...


Canadian Stock SummaryYieldP/EP/B
Power Corp of Canada (POW)YYY
CIBC (CM)YY
Cenovus Energy (CVE)YY
Husky Energy (HSE)YY
Teck Resources (TECK.B)YY
BCE Inc. (BCE)Y
Bank of Montreal (BMO)Y
Barrick Gold (ABX)Y
Cameco (CCO)Y
Crescent Point (CPG)Y
Emera (EMA)Y
Enbridge (ENB)Y
First Quantum (FM)Y
Goldcorp (G)Y
Inter Pipeline (IPL)Y
Kinross Gold (K)Y
Magna (MG)Y
Pembina Pipeline (PPL)Y
Shaw (SJR.B)Y
Sun Life Financial (SLF)Y
TELUS (T)Y
Thomson Reuters (TRI)Y
TransCanada (TRP)Y
Valeant Pharma (VRX)Y
Notes...


DOW 30 Value Screens

High Dividend Yield StocksP/EP/BP/SYield
Verizon (VZ)5155
IBM (IBM)5245
General Electric (GE)1445
Exxon Mobil (XOM)2555
Chevron (CVX)1545
Pfizer (PFE)2325
Cisco (CSCO)4404
Coca-Cola (KO)1114
Procter & Gamble (PG)4324
Merck (MRK)1214
Notes | More Info...


Low Price/Earnings StocksP/EP/BP/SYield
IBM (IBM)5245
Travelers (TRV)5552
Verizon (VZ)5155
Goldman Sachs (GS)5531
JP Morgan Chase (JPM)5523
Intel (INTC)4434
Procter & Gamble (PG)4324
Apple (AAPL)4222
Walt Disney (DIS)4331
Cisco (CSCO)4404
Notes | More Info...


Low Price/Book Value StocksP/EP/BP/SYield
Goldman Sachs (GS)5531
Travelers (TRV)5552
JP Morgan Chase (JPM)5523
Chevron (CVX)1545
Exxon Mobil (XOM)2555
Cisco (CSCO)4404
Intel (INTC)4434
General Electric (GE)1445
Wal-Mart (WMT)3453
United Technologies (UTX)4443
Notes | More Info...


US Stock SummaryYieldP/EP/B
Cisco (CSCO)YYY
Chevron (CVX)YY
Exxon Mobil (XOM)YY
General Electric (GE)YY
Goldman Sachs (GS)YY
IBM (IBM)YY
Intel (INTC)YY
JP Morgan Chase (JPM)YY
Procter & Gamble (PG)YY
Travelers (TRV)YY
Verizon (VZ)YY
Apple (AAPL)Y
Coca-Cola (KO)Y
Merck (MRK)Y
Pfizer (PFE)Y
United Technologies (UTX)Y
Wal-Mart (WMT)Y
Walt Disney (DIS)Y
Notes...



The Rothery Report
(Learn More | Subscribe)

The Rothery Report provides research on select deep-value stocks in North America. Discover overlooked and undervalued stocks in quarterly investment reports which provide detailed analysis of Canadian and U.S. stocks. Weekly email news and additional updates keep subscribers informed about new opportunities and developments.

Rothery Report Performance
(03/31/2001 to 06/30/2017)
Average Capital Gain
50.9%


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