Canadian Oil Sands Ltd Com (NASDAQOTH:COSWF)

CAPS Rating: 5 out of 5

Recs

0
Player Avatar blesto (31.72) Submitted: 8/18/2012 7:45:57 PM : Outperform Start Price: $21.68 COSWF Score: -33.59

Made outperform pick on 2/2/2012 Current start price $23.16 no divi to speak of.
I don't believe I would've made the pick if I was using this;
http://wiki.fool.com/The_Graham_Number
Formula: Fair value=Sqrt(22.5*EPS*BV) I expanded it a little by also using EPS Normalized and Tangible BV
My current Graham Number Valuation Range for COSWF.PK: $19.19 to $21.68

What has hurt them most I believe is the negative (-37.79%) Earnings Per Share (EPS)(TTM) growth rate.
Will they turn it around?
I'm only keeping this pick open to watch and see. Maybe recover some points.
Only time will tell.

Report this Post 2 Replies
Member Avatar blesto (31.72) Submitted: 8/18/2012 8:08:07 PM
Recs: 0

I see that other outperform pickers are harping the dividend.
The Scottrade data I used http://research.scottrade.com/qnr/Public/Stocks/Fundamentals?symbol=coswf
shows 0.00% divi yield, but looking further down the sheet they show a payout ratio of 67.6 ? ? ?
I understand it's difficult to always get accurate data on pink sheet equities.
From what I can tell they were paying a steady divi, but have not paid out any since Nov 30,2011
Looking at their website COSWF.PK did declare to pay $0.35 per share payable Aug 31,2012
With the dried up divi for the past year no wonder the stock took a nose dive.
After resuming the divi if they continue it after their next scheduled declaration in October, I just might get some positive points and then some.

Member Avatar blesto (31.72) Submitted: 5/22/2013 7:47:47 PM
Recs: 0

Previous GNVR: $19.19 to $21.68
Updated GNVR: $18.75 to $20.63

Current start price: $21.68

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