At the end of April we re-ran our so-called “3 down then 1 up” screen. This selects companies with estimates that had been declining consistently since a year previously, but which had risen in the immediately preceding three months (see our note dated 29 April 2016). We have reviewed the performance and, while not being quite as strong as the previous period, it was still well ahead of the market and the screen appears to have some signalling value. In the c.5 months since selection the weighte ....
05 Oct 2016
N+1 Singer - Small-cap quantitative research - Consensus EPS falling…falling…falling…rising 3.0
Sinclair Pharma (SPH:LON), 0 | Speedy Hire Plc (SDY:LON), 27.7 | Senior plc (SNR:LON), 164 | Conduit Holdings Ltd. (CRE:LON), 498
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N+1 Singer - Small-cap quantitative research - Consensus EPS falling…falling…falling…rising 3.0
Sinclair Pharma (SPH:LON), 0 | Speedy Hire Plc (SDY:LON), 27.7 | Senior plc (SNR:LON), 164 | Conduit Holdings Ltd. (CRE:LON), 498
- Published:
05 Oct 2016 -
Author:
Trevor Griffiths -
Pages:
9
At the end of April we re-ran our so-called “3 down then 1 up” screen. This selects companies with estimates that had been declining consistently since a year previously, but which had risen in the immediately preceding three months (see our note dated 29 April 2016). We have reviewed the performance and, while not being quite as strong as the previous period, it was still well ahead of the market and the screen appears to have some signalling value. In the c.5 months since selection the weighte ....