Henry Singleton

Debt to Equity < 0.5 (good Cos may also need debt funds :) Promotor more than 30% Unpleaged prom hold = 0 OPM last year > 30 (This proves that co is working properly at least) NPM last year < OPM last year (there are cos that do magic by inverse of this) NPM last year > 14 (a business should at least earn this) Gross profit between 30% to 40% (more than 40% margin is not sustainable) Divident payout between 14% to 30% (why co is paying div more than 30% ?) Market Capitalization < 5500 (we are finding cos in less lime light and fund managers can't invest due to thin liquidity ;) Cash from operations last year >Net Profit last year (Just remove this param and see the magic) (Tax last year /Profit before tax last year) <0.4 (do not accept un-natural tax outgo)

by Sanjay