Free Cash Conversion Cycle Training Video

Free Cash Conversion Cycle Training Video

Other than some minor editing below for clarity, this is the transcript from the beginning of the cash conversion cycle training video which is further below.

Now we’re going to talk about the cash conversion cycle…

Again, this is something we’ve talked about already a little bit and why it’s so important but we’ll continue talking about this here on a preliminary basis.

The first thing I noticed here is the huge massive jump in this number since 2007 from 216 days to 600.3 days in the trailing twelve months or a rise of 64% in that time.

That is scary…

I make notes of everything I do so I don’t have to rely on my memory in the past or in the future when I’m doing my analysis.

I don’t want to rely on any guessing I want to rely on hard facts and what I was thinking as I was researching the company.

We’ve already talked about this a little bit but it such an important concept I’m going to continue going over it again and again.

Hopefully, everything begins to make more sense the more we talk about it and the more you learn about it in future training as well.

This number is one of the most important numbers I look at on preliminary basis like we talked about the other day.

Why?

Because with this one number I can tell the company is having a hard time selling its products.

This means it’s taking a long time for them to get paid by customers.

This leads to having a hard time paying suppliers and that their inventory may be overvalued and need to be written down or off at some point.

And this all could affect the company’s balance sheet strength and valuation down the road.

None of these are good.

I can tell this from comparing the first number of days in 2007 to the second number of days in the trailing twelve month period.

In most cases, I go back 5 years but this one is such a huge jump – almost triple – I went back 10 years.

***

You can watch the full video below…

Or if you’d like to learn more about the Cash Conversion Cycle go to the prior link.

P.S.  If you’d like to get one on one training like this yourself go to the following link before all 10 full-time spaces are filled – Value Investing Journey Coaching, Training, and Mentorship Programs.

P.P.S  If you want to get all content like this as it releases, five free gifts, and exclusive content make sure to subscribe to Value Investing Journey for free here.

33% Off Everything In the Value Investing Journey Shop Until Tuesday

33% Off Everything In the Value Investing Journey Shop

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While I announced the opening of the Value Investing Journey Shop last month, because I’ve been so busy I didn’t announce it to many people.

To make up for that oversight, I’m offering 33% off everything in the Value Investing Journey Shop for the next three days only.

This includes all issues and the All Past Press On Research issues package where you get all past issues for one set price.

This means for the next three days you can pick the individual issues you want most for $65 instead of the regular $97.

And that you can get All the Past Press On Research issues in one package for $628 versus a normal price of $997.

33% off all items in the Value Investing Journey Shop until Tuesday

But only until Tuesday…

I won’t do discounts often – if at all in the future – so if you’ve wanted to see my latest stock recommendation issues at a discount you better buy them now.

As of this writing, each pick is up a combined average of 50.3%.  And these picks are crushing the market.

Below are some of the highlights from all the issues…

  • The average gain for all 12 recommendations is 50.3% as of this writing…  These picks are crushing the stock market since April 2015.
  • As of this writing, the stock market has only produced a 15.8% return.
  • Meaning, my picks since April 2015 have outperformed the stock market by 34.5 percentage points.
  • Two companies I recommended grew from sub $500 million market caps to $1 billion plus market caps as of this writing.
  • One company as of this writing has now surpassed a $2 billion market cap since I recommended them.

So you’re probably wondering what you have to do to get the coupon code.  And the answer to that is nothing…

The coupon code is – 33%OffGrandOpening

The discount won’t show up until you input the code when the item is in your cart as you’re getting ready to check out.  So make sure to put the coupon code in before you hit the payment button or you’ll have to pay full price.

You can go to the Shop here and begin getting your deals now.

And this is the only place to see my most recent stock recommendation issues.

If you have any questions contact me using the Drift App – the blue icon in the bottom right third of the page – to message me through this site and I’ll get back to you right away.

Happy shopping smart value investors.

Announcing The Complete Business Analysis Service

Three Day Complete Business Analysis Of Your Entire Business… Anywhere In The World

Running a business is hard enough.  But if you don’t know your numbers, know what’s happening in your industry, and what’s coming in the future, then it’s almost impossible to run a successful business.

According to the United States Small Business Administration 1/3rd of small businesses close within their first two years of operations.  And only half of new small businesses last beyond five years.

According to a U.S. Bank study, “a whopping 82% of businesses fail because of cash flow problems. ”

Just because you’re starting a business doesn’t mean you understand what goes into making that business profitable.  Or the metrics that show if your business is doing well or not.

I can help…

I’ve got 10 years of experience valuing and evaluating businesses.  Finding their competitive advantages and strengths while also figuring out what their weaknesses are so they can be improved on.

If you’re looking to increase profitability, improve efficiency, turn your inventory over faster, improve cash flow, clean up your balance sheet to improve cash and lower debt, I can help with all these.

I can also help with the following problems as well…

  • Do you run or own a business and have tried to improve it without luck?
  • Maybe you’ve run your business for years but now want to sell and don’t know how to value your business?
  • Is your competition outpacing you and you don’t know why?
  • Or maybe you’ve inherited a business and just want to sell but don’t know how to value the business.

To find our more go to the following page Complete Business Analysis which has the full information on this service.  And more importantly, how I can help you grow revenue, find your competitive advantages, value your business, improve profitability, sell your business, and achieve your business dreams.

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.

***

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…

***

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.

Interview For How I Grow My Wealth

Interview For How I Grow My Wealth

Earlier this year John from How I Grow My Wealth asked me a question about P/E and EPS on my post: Why The P/E Ratio is Useless And How To Calculate EV.  And then we talked further about this and other value investing and business topics on Twitter and through a couple of phone calls.

Shortly after this, John asked me if I’d like to do an interview for his site and of course I said yes after our fantastic chats.

Below is a brief excerpt of the in-depth interview I did with him for his site

To view the entire interview please go to this link which will take you to it.

The interview includes talk about value investing, self-improvement, the $8 million acquisition I attempted last year, inspiration from Bruce Lee and Grant Cardone, and more.

I hope you enjoy it.

***

I’m very excited to be sharing this interview with Jason Rivera, a man who in his first five years achieved better returns than Warren Buffet did in his first five years. Who is Jason Rivera? Let’s get into the interview and you’ll find out!

John: Can you provide some background on yourself and Rivera Holdings for those who aren’t familiar with you or your company?

Jason: Yes. I’m a self taught value investor who focuses on small and obscure public companies to buy for my investors. And I’m now also looking for private businesses and cash flow producing real estate to buy as well.

I’m the author of the acclaimed value investing education book How To Value Invest. Have run the blog Value Investing Journey for more than five years now. Wrote a 60-page booklet detailing the immense power of investment float that I released for free to readers of my blog and followers – on Twitter and Facebook – titled All About Float. Have written for several publications and investment newsletters including: Seeking Alpha, Guru Focus, Insider Monkey, and Palm Beach Research Group among others.

I mentor others on how to become great value investors, consult on projects requiring business analysis and valuation skills, and run my investment holding company Rivera Holdings LLC. out of the Tampa Florida area.

John: When you were a kid did you know you wanted to grow up to be a value investor?

Jason: Ha ? no. I don’t have any stories like Warren Buffett where he was buying things at wholesale prices – gum if I remember right – and then selling them at a higher price to his classmates as a kid.

Unfortunately, I was far more interested in playing sports, chasing girls, and playing video games than investing when I was a kid.

I always knew I wanted to make money, start businesses, and help people but the value investing part and putting effort into making those things happen only began happening in my late teens and early twenties…

Thanks a lot John for asking me to do the interview.  I hope our readers gain something from this.