Today I attended advanced training for StockVal here in Melbourne. As I was walking to the venue a elderly woman slipped on the wet footpath in front of me and fell heavily to the ground. Being slightly obsessive about being on time, and already being a couple minutes late I was torn as to whether to help or not, as she did have her husband with her. In the end I was glad I did. As is often the case when someone has a fall she tried to get up again. I insisted she sit down, which was fortunate as even while sitting she collapsed. Fortunately her husband and I were holding her. If you’re ever first to the scene when someone falls or has head injury or the like make sure they don’t try to get up as it is often the second fall that does more damage. Yes, unfortunately I learnt that by personal experience!

After checking both her injuries and that she had ambulance cover (do all pensions get that?) I called an ambulance. While waiting, many people came to help and I left after a small crowd had gathered and I had given my contact details. In hindsight I was cross at myself that I considered letting my on-time obsession get in the way of offering the best help I could. My partner often tells me that’s there’s many things more important than being on time, I now see that helping someone in need is certainly one of those things. It was wonderful to see so many stop and offer assistance on a miserable rainy day.

Now on to the training. I was really impressed by the presenter, whose name I never found out as I ended up being so late. He knew the system and underlying valuation extremely well and handled all questions with great aplomb. The methodology behind StockVal is very sound and I now understand their value calculations. There is a lot more analytical input going on behind the scenes than I thought, which adds to the value users receive. Simplistically, the valuation is based on return on equity (ROE), risk and percent reinvested.

Here are the current top ten “Very Low Required Return”, i.e. the least risky stocks with the highest margin between value and price.

and the top five “Low Required Return” stocks.

all figures copyright StockVal.

Of interest to me is the number of fund managers in this second top five. With Clime Capital, CAM, and Wilson Investments,WIL, filling positions four and five, followed by WAM Capital and Templeton Growth in the 6th and 7th spots. Fund managers looks like a good group to explore right now.

Disclosure: I received a StockVal subscription in return for the header advertising on this site. Clime Capital is coincidentally the owner of StockVal.  I am long fund manager Hunter Hall. I am obsessed with time.

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