Oshkosh by Gosh!

I bought a new stock yesterday, OSK. They specialize in making military vehicles, school buses and other specialty vehicles. They are new to the mechanical portfolio this weekend. With their purchase, I am now 100% invested in MFI, which is a clear signal for a stock market crash! (note I do have some hedging approaches in my non-MFI portfolio).

They just finished up an incredible four quarters, obviously they have been busy building for the military. That is why they are on the list, check out OSK's statistics:

		osk
+	Operating Income After Depreciation	1,001.70
-	Minority Interest - Income Account	(0.40)
=	Income for Calculation	1,002.10
	Diluted Shares Outstanding	90.919
	Share Price	38.62
+	Market Cap Calc	3,511.29
+	Preferred Capital	-
+	Debt in Current Liabilities	0.90
+	Long-Term Debt	1,615.40
	Cash and Short-Term Investments	844.90
-	Excess Cash	604.10
=	Enterprise Value	4,523.49
+	Property Plant and Equipment - Net	394.40
+	Receivables	788.40
+	Inventories	851.70
+	Other Current Assests	138.90
+	Working Cash	240.80
-	Accounts Payable	979.90
-	Current Liabilities - Other	1,039.90
=	Invested Capital	394.40
	Earnings Yield	22%
	ROIC	254%

I have updated my inception-to-date performance graph. Note I am in Magenta and the green line represents break-even.



I did find a mistake, in that I had not given my two benchmarks (Russell 3000 and Russell 2000) credit for their dividends the past three quarters. I was a bit lazy and instead of putting them back into history, I placed them in the current week.

I do have HCKT coming up for sale this week. So I will not be 100% invested for long. Not sure what I'll buy, I will likely wait until next weekend and see if anything new is on the list and also I am keeping MD on my short list.

Holdings:

		Data
Purchase Date	Symbol	Initial Price	Current Price	Avg of Gain	Avg of IWV Gain
5/7/09	HCKT	$2.30	$2.81	22.2%	34.6%
5/21/09	UEPS	$12.50	$16.43	31.4%	36.9%
5/29/09	UTA	$7.90	$9.13	15.6%	31.9%
	WILC	$2.12	$6.07	186.3%	31.9%
6/9/09	CHCG	$1.12	$0.41	-63.4%	28.6%
	FRX	$23.10	$27.26	18.0%	28.6%
	PFE	$14.13	$16.72	21.9%	28.6%
6/12/09	ENDP	$16.72	$21.90	31.0%	28.0%
7/21/09	TTT	$8.92	$15.97	79.1%	26.8%
7/27/09	GIGM	$5.02	$3.01	-40.0%	23.0%
	RTN	$45.61	$58.29	30.0%	23.0%
7/30/09	BIOC	$3.70	$4.97	34.3%	22.5%
	BR	$16.53	$23.81	46.6%	22.5%
	CBI	$13.62	$23.44	72.1%	22.5%
8/14/09	BKE	$26.66	$36.18	44.7%	20.0%
8/18/09	PVSW	$4.96	$4.98	0.4%	21.8%
8/26/09	CEU	$5.40	$4.85	-10.2%	17.2%
8/27/09	GTLS	$19.50	$22.99	17.9%	17.1%
9/8/09	AMED	$35.86	$57.58	60.6%	17.4%
9/21/09	WTW	$26.00	$26.57	4.2%	12.5%
9/22/09	QCOR	$5.42	$9.77	80.3%	11.7%
9/28/09	TTT	$10.28	$15.97	55.4%	12.9%
9/30/09	JCOM	$23.00	$24.08	4.7%	13.5%
	PRIM	$7.30	$7.90	8.9%	13.5%
10/2/09	KSW	$3.60	$3.64	3.9%	17.1%
10/14/09	LIWA	$7.39	$8.78	18.8%	9.7%
10/22/09	AGX	$12.31	$11.36	-7.7%	9.9%
10/30/09	CMFO	$4.30	$6.16	43.3%	16.5%
	RGR	$10.59	$16.69	59.1%	16.5%
11/3/09	ESI	$93.61	$101.13	8.0%	15.4%
11/17/09	IDCC	$23.62	$27.67	17.1%	8.5%
11/20/09	QKLS	$5.75	$5.75	0.0%	10.5%
12/2/09	TSRA	$23.92	$20.28	-15.2%	8.7%
12/4/09	CBPO	$9.15	$12.41	35.6%	8.8%
12/18/09	CF	$89.45	$83.67	-6.5%	8.9%
12/21/09	CYTK	$2.59	$3.22	24.3%	8.9%
1/5/10	SHE	$5.31	$8.47	59.5%	6.6%
1/14/10	TRMS	$2.46	$2.42	-1.6%	4.5%
1/20/10	RAI	$53.55	$53.42	1.4%	4.5%
1/29/10	GXDX	$31.69	$38.79	22.4%	9.9%
2/5/10	UIS	$34.07	$28.02	-17.8%	13.6%
2/23/10	CSKI	$15.45	$14.17	-8.3%	9.1%
2/27/10	TNDM	$15.31	$16.95	10.7%	9.8%
3/1/10	ODSY	$17.72	$20.83	17.6%	7.5%
	UIS	$35.22	$28.02	-20.5%	7.5%
3/8/10	DNB	$69.93	$76.97	10.1%	4.4%
3/12/10	KSW	$3.90	$3.64	-4.1%	3.2%
	PRSC	$14.35	$16.61	15.7%	3.2%
3/18/10	KSW	$3.65	$3.64	2.5%	3.0%
4/12/10	NEWN	$8.20	$8.27	0.9%	-0.3%
4/21/10	CCME	$12.57	$13.04	3.7%	-1.7%
4/30/10	OSK	$39.33	$38.62	-1.8%	-1.3%
Grand Total		$18.97	$21.42	19.7%	14.8%
Actual Totals (adj as all purchase not equal $)				17.6%	13.7%