Preliminary Analysis Training Video for Client

Preliminary Analysis Training Video for Client

In this video, I made a preliminary analysis training video for a Value Investing Coaching Program client.

In the video, I take the client through everything I do on a preliminary basis.  Explain why I look at everything I do.  Explain what everything means.  And most importantly, why everything I look at is important in the context of evaluating an investment.

Below is an edited transcript of the first part of the video… You can watch the full video further below.

And one last note before getting to the transcript of the video…

The client picked this company for us to do a real-time and real-world analysis on because he was interested in this company as a potential investment.

I’d never seen or evaluated this company before meeting and talking with this client.

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Since we’ve already talked about this company a bit on a preliminary basis, I’m doing things differently than I normally would on a preliminary analysis.

I’m also going through this slower than usual so I can explain what everything means.

The first thing I do is go to Morningstar, open up the key ratios tab and the financials tab in another page so I have those handy and ready.

The first thing I want to mention here is that I was able to find its ticker on Morningstar unlike the other day when we were talking.

It’s listed on the Frankfurt exchange on Morningstar under the ticker SGQ.

You’ll notice SGQ lists in Euros on Morningstar as well.  Make sure to always notice which currency the company lists on financial sites.

Go to Google Finance, same company but this time the company lists on the Singapore Exchange under the ticker B7K.

I’m going to reference the Google finance listing throughout but I’m going to be using the company’s financials listed on Morningstar because that’s where I do all my preliminary analysis as they have more information.

But because of this difference please keep in mind some of the numbers may be different from the ones you’re seeing.

This is because the Google finance numbers are i n Singaporean Dollars (SGD) and as mentioned above Morningstar lists its numbers in Euros.

The first difference you’ll notice is the difference in market cap of 28.9 million Euros on Morningstar and 44.4 million SGD on Google.

This is likely due to a conversion rate exchange difference and I’ll look at that later.

The next thing I do is get right into the preliminary analysis.  The same one I use for every company I evaluate…

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To see the full real-time and real world training watch the video below.

And if you’re interested in getting your own one on one Value Investment Coaching please go to the link below.

Value Investing JourneyValue Investment Coaching Program.