The Beauty of Taiwan

         ryshab’s Investing Strategy

         Ryshab’s June 2024 Portfolio Review

         I use a koyfin subscription for my screener (still a work in progress). The current criteria is
             1) businesses between 10mil to 10B market cap
             2) Profit margins above 30%
             3) ltm revenue cagr over 30%
             4) average revenue estimates revision higher by analysts for last 12 months at least 15%.
         The 4th criteria has been the key. I could care less what the analysts think but what this tells me is market is playing catch up. And sometimes, if lucky, a few of the turn around stories will also get caught in this criteria.

         Just to show how this process of finding business works in my head, I will use the example of ADMA. This got picked up in my screener and then I did the following things.

             1. Head to tradingView and use my dashboard to take a quick look at the key metrics. I always love when I find a company with this stair-step setup. All quarters green revenue, growing 10%+, Margins improving rapidly, FCF% improving rapidly, ltm revenue still north of 40%. The last 4 quarter rev are 6, 12, 10, 11% growth - that tells me it is not slowing down significantly. BTW, the white arrow is my entry. For every ADMA, I have 10 stocks to show where after entry the chart looks heading to the bottom right. So this is just for illustrative purposes.



             2. I use koyfin analyst estimate trends to see if the market is still catching up to the story. Here you can clearly see the analysts have no clue while predicting 38% revenue growth already.



             3. I use a koyfin dashboard to see how everything fits together numbers wise. Here you can see the revenue, the improving fcf, they analyst chasing, stock ltm rev growth still north of 40%.



         This is my trigger to go research the company. Now I want to know what the hell does ADMA do?!