Stock Screener: Day 3: Euronav (EURN)

Correlation Economics has gone live with the Stock Screener Technique. I will post live podcasts on my channel here, maintain a “Stock Screener” portfolio and prove that this technique works! (if it turns out it doesn’t work, I’ll probably try something else)

Remember my post on KYN, SIMO, TAICY, TYG, EWZ, XIN, GIMB, ARG, HCI, LTA? All have been doing well. LTA has been appreciating 3%, I’m amazed how well this stock screener idea works. I’m still keeping this stock in my portfolio as it is undervalued and can continue to rise, but let’s go to another stock for our readers.

Track record 10-0.Time to move on.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above and our next winner is: Euronav (EURN). This time I took a stock from Euronext Brussels.

I always say, buy a company that has earnings and this one has it. Euronav is in the tanker business. I know this is a very dangerous business at the moment as tanker rates can fluctuate a lot and we’re practically going into a recession. But I also know Euronav is very cheap and it has earnings. If tanker rates stay the same, there is no reason for Euronav to go down in price. It has vessels in its fleet for about 3 years to come. Very nice earnings at a P/E of 5. Market cap is at around 2 billion USD. Share price has consolidated in the past year. Dividend is very high, it is around 10% dividend. Not very stable dividend, but yeah, this is a volatile business.  Is trading at 90% of book value, so valuations are cheap. I’m buying it. This is a nice value play. Let’s go for 11-0.

Stock Screener: Day 2: Altamir (LTA)

Correlation Economics has gone live with the Stock Screener Technique. I will post live podcasts on my channel here, maintain a “Stock Screener” portfolio and prove that this technique works! (if it turns out it doesn’t work, I’ll probably try something else)

Remember my post on KYN, SIMO, TAICY, TYG, EWZ, XIN, GIMB, ARG, HCI? All have been doing well. HCI has been appreciating 5% in a week, I’m amazed how well this stock screener idea works. I’m still keeping this stock in my portfolio as it is undervalued and can continue to rise, but let’s go to another stock for our readers.

Track record 9-0.Time to move on.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above and our next winner is: Altamir (LTA). This time I took a stock from Euronext Paris.

I always say, buy a company that has earnings and this one has it all. Altamir is an asset management company and all of its assets are very strong growing companies at around 10% per annum. Very nice earnings at a P/E of 6.2, not too shabby but it’s ok in this world of high equity valuations. I will make an exception on the P/E ratio today (outside the range of 2-5). Market cap is at 400 million USD. Share price has consolidated in the past 2 years. Dividend is increasing in time, it is around 5% dividend. Dividend is also stable, they started to pay out already many years ago. Is trading at 65% of book value, so valuations are very cheap. I’m buying it. This is a nice dividend generator. Let’s go for 10-0.

Stock Screener: Day 1: HCI Group: Going Live!

Correlation Economics is going live with the Stock Screener Technique. I will post live podcasts on my channel here, maintain a “Stock Screener” portfolio and prove that this technique works! (if it turns out it doesn’t work, I’ll probably try something else)

Remember my post on KYN, SIMO, TAICY, TYG, EWZ, XIN, GIMB, ARG? All have been doing well. ARG has given a handsome dividend of 4%/year while appreciating 10%, I’m amazed how well this stock screener idea works. I’m still keeping this stock in my portfolio as it is undervalued and can continue to rise, but let’s go to another stock for our readers.

Track record 8-0.Time to move on.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above and our next winner is: HCI Group (HCI). This time I took a stock from the NYSE.

I always say, buy a company that has earnings and this one has it all. Very nice earnings around 4 dollars a share a year, which means a P/E of 7, not too shabby but it’s ok in this world of high equity valuations. I will make an exception on the P/E ratio today (outside the range of 2-5). Market cap is at 300 million USD. Share price has fallen in the past year. Dividend is increasing in time, it is around 3-4% dividend. Dividend is also stable, they started to pay out already many years ago. Is trading at around book value, so valuations are normal. The company will also buy back 20 million USD in shares, which is almost 10% of market cap. 20% of shares are insider held. I’m buying it. Technically, the stock has bottomed out. This is a nice dividend generator. Let’s go for 9-0.

Stock Screener: Take 9: HCI: HCI Group

Remember my post on KYN, SIMO, TAICY, TYG, EWZ, XIN, GIMB, ARG? All have been doing well. ARG has given a handsome dividend of 4%/year while appreciating 10%, I’m amazed how well this stock screener idea works. I’m still keeping this stock in my portfolio as it is undervalued and can continue to rise, but let’s go to another stock for our readers.

Track record 8-0.Time to move on.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above and our next winner is: HCI Group (HCI). This time I took a stock from the NYSE.

I always say, buy a company that has earnings and this one has it all. Very nice earnings around 4 dollars a share a year, which means a P/E of 7, not too shabby but it’s ok in this world of high equity valuations. I will make an exception on the P/E ratio today (outside the range of 2-5). Market cap is at 300 million USD. Share price has fallen in the past year. Dividend is increasing in time, it is around 3-4% dividend. Dividend is also stable, they started to pay out already many years ago. Is trading at around book value, so valuations are normal. The company will also buy back 20 million USD in shares, which is almost 10% of market cap. 20% of shares are insider held. I’m buying it. Technically, the stock has bottomed out. This is a nice dividend generator. Let’s go for 9-0.

Stock Screener: Take 8: ARG: Argan SA

Remember my post on KYN, SIMO, TAICY, TYG, EWZ, XIN, GIMB? All have been doing well. GIMB has given a handsome dividend of 4% while appreciating 7%, I’m amazed how well this stock screener idea works. I’m still keeping this stock in my portfolio as it is undervalued and can continue to rise, but let’s go to another stock for our readers.

Track record 7-0.Time to move on.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above and our next winner is: Argan SA (ARG). This time I took a stock from the Euronext Paris Stock Exchange, because I want to diversify into Europe. I wrote an article on why Europe is better than the U.S. at this moment. So I invest in France.

I always say, buy a company that has earnings and this one has it all. Very nice growing earnings around 40 million euros cashflow in a year, which means a P/E of 5-6, not too shabby but it’s ok in this world of high equity valuations. I will make an exception on the P/E ratio today (outside the range of 2-5). Market cap is at 300 million euros. Equity has risen very well in the past year. Dividend is increasing in time, it is 0.85 euro/share, which is a whopping 4% dividend. Dividend is also stable, they started to pay out already many years ago. Is trading at around book value, so valuations are normal. I’m buying it. Technically, the stock is in a very stable uptrend. This is a nice dividend generator. Let’s go for 8-0.

Stock Screener: Take 7: GIMB: Gimv

Remember my post on KYN, SIMO, TAICY, TYG, EWZ, XIN? All have been doing well. XIN has given a handsome dividend of 6% while appreciating 15%, I’m amazed how well this stock screener idea works. I’m still keeping this stock in my portfolio as it is undervalued and can double in no time (because China decreased interest rates and decreased down payment on real estate), but let’s go to another stock for our readers.

Track record 6-0.Time to move on.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above and our next winner is: Gimv (GIMB). This time I took a stock from the Brussels Stock Exchange, because I want to diversify into Europe (and the U.S. market didn’t return any search results, that’s how high the valuations are today…). Very nice earnings 135991000 euro in the last year, which means a P/E of 8, not too shabby but it’s ok in this world of high equity valuations. I will make an exception on the P/E ratio today (outside the range of 2-5). Market cap is at 1 billion euros. Equity has risen very well in the past year. Dividend is increasing in time, it is 2.45 euro/share, which is a whopping 6% gross dividend. Dividend is also stable, they started to pay out already many years ago. Is trading at book value, so valuations are normal. I’m buying it. Technically, the stock is in a very stable uptrend. This is a nice dividend generator. Let’s go for 7-0.

Stock screener: Take 6: XIN: Xinyuan Real Estate

Remember my post on KYN, SIMO, TAICY, TYG, EWZ? All have been doing well. EWZ has given a handsome dividend while appreciating 10%, I’m amazed how well this stock screener idea works.

Track record 5-0.Time to move on.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above and our next winner is: Xinyuan Real Estate (XIN). Very nice earnings 20 million in the last quarter, which means a P/E of 5-6. Dividend is increasing in time, it is 6% now. Dividend is also stable, they started to pay out 3 years ago. Is trading below book ratio, probably because of the so called China real estate bust, which is totally bogus. I’m buying it. Technically, the stock is in break out phase. Let’s go for 6-0.

Stock Screener: Take Five: Brazil (EWZ)

Remember my post on KYN, SIMO, TAICY and TYG? All have been doing well. TYG has given a handsome dividend while holding steady while the U.S. dollar was appreciating 20% against other currencies.

Track record 4-0.Time to move on.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above and our next winner is: Brazil!

When we just look at how undervalued emerging markets are today compared to the U.S., we can’t ignore this. Look at the P/E ratio of emerging markets (11.4) Vs. the U.S. (16.9).

As for the CAPE Shiller P/E ratio, Brazil is below 10 while the U.S is above 25.

Brazil was not a favorite of investors due to the elections, the tax increases, corruption, declining Brazilian currency and also due to declining oil and commodity prices. Petrobras is the largest oil company in Brazil and has seen a massive decline. But now, the valuations are very good. We have much higher dividend yields than the U.S., lower P/E ratios, lower P/S ratios, lower price to book values etc… If you think the oil and commodity price has bottomed out, Brazil is a good bet. And I’m willing to bet on it for my next stock screener pick no. 5.

Stock Screener: Take Four: Tortoise Energy Infrastructure Corp. (TYG)

Remember my post on KYN, my post on SIMO and my post on TAICY? All have been moving higher in double digits.

Track record 3-0.Time to move on.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above.

And we find that there are some candidates in the energy sector.Tortoise Energy Infrastructure Corp. (TYG) seems to be the only candidate worthy enough to buy. It has a P/E of 4.5, which means its share price will grow at least 23% per annum. With dividends of 5% I expect the share price to at least appreciate in the 10% per annum. This is not much, but I don’t see any other stocks worthy to buy at this moment. The stock market is overextended in bubble territory. America is now in an oil and gas boom, so infrastructure on petroleum should be ok to invest in.

Let’s keep this stock screener thing going and see if this isn’t the easiest way to make money! (without even knowing what the company is doing)

I’m wondering when our gold and silver mines are going to pop up on the stock screener. But it’s too early, today none are even making money yet…

Stock Screener: Take Three: Tai Cheung Holdings

Remember my post on KYN and my post on SIMO? The stock has gone up 6% and the other stock has gone up 15% since we bought it and now it is time to move on.

Track record 2-0.

If I don’t have any ideas anymore what to buy, I use the stock screener.

What you want to do is filter on 4 attributes: market cap, P/E, dividend yield and percentage change.

1) Market Cap: do not choose small companies as they are mostly fraudulent or don’t have sustainable earnings. Don’t choose big companies because these are not volatile enough to get fast profits from. I’d filter between 200 million and 4 billion.

2) P/E ratio: choose the companies with the lowest P/E ratio, these companies are dirt cheap while still having earnings. Cheap is below P/E of 5. But do not choose below P/E of 2 because those are mostly companies that are going bankrupt or have bad growth.

3) Dividend yield: always choose companies that have dividends, because these companies have real earnings and can prove they have sustainable earnings to reward investors. The higher the better of course, but don’t push it above 7% as those companies probably don’t have the money to pay out dividends on a regular basis. I’d go for companies with dividends between 3% and 7%.

4) Volatility: don’t choose companies that are so volatile. Maximum year over year change should be between the 20% range.

We use the exact same parameters as above.

And we find that there are some candidates in the real estate sector. Everybody is bearish real estate in China, but that’s a contrarian indicator to me:

– Xinyuan Real Estate Co., Ltd. (ADR) is Chinese real estate, and we know that there is a risk to invest in Chinese real estate, so I wouldn’t choose for this investment. I would rather look at Hong Kong.

– Tai Cheung Holdings has a pretty nice and stable dividend of 5%, which you won’t get in U.S. treasuries. Hong Kong real estate will continue to flourish. I see this holding is investing in Tuen Mun, which is a place many mainland Chinese people buy real estate in, because it is very near China. It is also below book value. Good candidate so I will choose it. Look for the symbol:

HKG:0088 or TAICY.

Let’s keep this stock screener thing going and see if this isn’t the easiest way to make money! (without even knowing what the company is doing)