Great work. Neil also writes how companies destroy stock prices by giving too many bonus and splits. Just made me go back to COlgate in the 80's. Also hsi demand supply situation applies very well to GBN and ICRA - low floating stock and the stocks are always ready to move into the clouds

Thanks everyone for the encouragement.

Hope to complete this task over the weekend.

 What is C-A-N S-L-I-M ?

C = Current Quarterly Earnings Per Share: How Much Is Enough?

A = Annual Earnings Increases: Look for Meaningful Growth.

N = New Products, New Management, New Highs: Buying at the Right 

Time.

S = Supply and Demand: Small Capitalization Plus Volume Demand.

L = Leader or Laggard: Which Is Your Stock?

I = Institutional Sponsorship: A Little Goes a Long Way.

M = Market Direction: How to Determine It?

Edited by India_Bull - 25/Aug/2007 at 5:10pm

Watch Out for Misleading Reports of Earnings:
Have you ever read a corporation's quarterly earnings report that stated,
"We had a terrible first three months. Prospects for our Company are turning down due to inefficiencies in the home office. Our competition just
came out with a better product, which will adversely affect our sales.
Furthermore, we are losing our shirt on the new midwestern Operation,
which was a real blunder on management's part."
No!
Here's what you see. "Greatshakes Corporation reports record sales
of $7.2 million versus $6 million (+ 20%) for the quarter ended March
31." If you own their stock, this is wonderful news. You certainly are not
going to be disappointed. You think this is a fine Company (otherwise you wouldn't own its stock), and the report confirms your thinking.
Is this record-breaking sales armouncement a good report? Let's suppose
the Company also had record earnings of $2.10 per share of stock for
the quarter. Is it even better now?
What if the $2.10 was versus $2 (+ 5%) per share in the same quarter
the previous year? Why were sales up 20% and earnings ahead only 5%?
Something might be wrong—rnaybe the company's profit margins are
crumbling. At any rate, if you own the stock, you should be concerned and
evaluate the Situation closely to see why the earnings increased only 5%.Most investors are impressed with what they read, and companies loveto put their best foot forward. Even though this corporation may have had all-time record sales, up 20%, it didn't mean much. You must be able to see through slanted published presentations if you want the vital facts.
The key factor for the winning investor must always be how much the
current quarter's earnings are up in percentage terms from the same quarterthe year before!