Is JB HiFi going to do a “Steve Bradbury”?

Steve Bradbury was an Australian short track speed ice skater who won the 1000 metre event at the 2002 Winter Olympics when all of his opponents crashed at the last corner.

He only made the final after finishing third in the quarter finals, when the defending world champion was disqualified from the final. His tactic during the final was to cruise behind his opponents, and hope they crashed, as they would be taking greater risks to try to win, and he reasoned that they could crash.

Where can I get financial data from for free?

As a personal investor, it can be tough to get free financial data on Australian listed companies. In the US in particular, on sites such as Reuters, Google Finance, Yahoo Finance plus many others, you can find loads of information regarding US stocks, including brief analyst forecast information, historical ratios and financial statements. For Australian stocks, it’s much harder, but as I discuss in this blog, you can get data from a variety of sources for free.

Austock portfolio versus the model portfolio update as at 14 May 2012

So, its been sometime since I updated the status of the two portfolios, and with almost two months to go (6th July 2012 is the finish date), it’s not looking good for both the Austock and model portfolios.

Austock portfolio versus my model portfolio update (as at 31st March 2012)

 As at the end of March 2012, The model portfolio is beating the Austock portfolio by over 6%, and also beating the ASX 200 Accumulation Index by 1.4%. The Austock portfolio continues to underperform the Accumulation Index by 4.8%.

19 of the stocks in the model portfolio (out of 30 stocks) are beating the accumulation index, while the Austock portfolio has less than half (14 / 30) of its stocks beating the index.

JB HiFi: Is NOW the time to buy?

JB HiFi Limited’s (ASX: JBH) share price has been pummelled over the last year and is down 40% since 29^th March 2011, and currently trading at $11.06.

As my Motley Fool colleague Bruce Jackson mentioned in this article, “You don’t make money looking backwards. Yet so many people do exactly that. They look at the recent past, and extrapolate that deep into the future.”

Austock portfolio versus my model portfolio update (as at 7th March 2012)

  As at 7th March 2012, the model portfolio is outperforming both the ASX/S&P 200 Accumulation index and the Austock portfolio. The Austock portfolio continues to under-perform the market – down by 8.92%, compared to the Index at -6.57%. My model portfolio has 17 stocks out of 30 that are beating the index, compared to the Austock portfolio, which only has 14 stocks beating the index.

Article on Forge Group

I’ve written an article on Forge Group on The Motley Fool website. Forge is still looking good with plenty of growth to come.

Austock portfolio versus my model portfolio update (as at 31st Jan 2012)

Six months (the half way mark)  are up since I started the challenge of a model portfolio I picked in five minutes, versus Austock’s list of preferred stocks (at 6th July 2011). My model portfolio is comfortably beating Austock’s preferred stocks by more than 5%, and also outperforming the ASX 200 Accumulation Index by 0.8%. Had you followed Austock’s recommendations, you’d now be facing an un-realised loss of $29,181, compared to a loss of $12,836 if you had followed my tips.

Vocus Communications – New Post on Motley Fool site

Vocus Communications Limited (ASX:VOC) recently updated the market with its expected half year results. I wrote an in-depth article for the Motley Fool, which you can view here.

Austock portfolio versus my model portfolio update (as at 31st Dec 2011)

So, five months are almost up since I started the challenge of a model portfolio I picked in five minutes versus Austock’s list of preferred stocks (at 6th July 2011). My model portfolio is comfortably beating Austock’s preferred stocks by more than 4%. Sadly, the model portfolio is lagging the ASX 200 Accumulation index by 1%.