Old School Value Stock Spreadsheet Manual

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Old School Value

Installation Manual and Troubleshooting Guide

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Table of Contents Disclaimer ............................................................................................................................. 4 Thank You! ............................................................................................................................ 4 Read Me… PLEASE. ................................................................................................................ 5 How to Install ........................................................................................................................ 6 View the Install video ................................................................................................................................ 6 Pre Existing SMF Add-in Installation ......................................................................................................... 7 Pre Existing SMF Add-in Installation ......................................................................................................... 7 New Installation (If no Previous SMF add-in Installed) ............................................................................. 7 Step1: Install the SMF Add-in (First Part of Installation) ...................................................................... 7 Step 2: Activate Macros & Add-in from Excel (Second Part of Installation) ......................................... 8 How to Manually Activate SMF Excel Add-in from Excel ........................................................................ 10 For Excel 2002 & 2003......................................................................................................................... 10 For Excel 2007 & Excel 2010................................................................................................................ 10

If It Does Not Work .............................................................................................................. 11 Troubleshooting & FAQ ....................................................................................................... 11 1.

EXE file does not Install ................................................................................................................... 11

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For Non USA Users **Important**................................................................................................. 12

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How to go to Add-ins Menu For Excel 2000 or 2003 ...................................................................... 12

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How to go to Add-ins Menu For Excel 2007 and Excel 2010 .......................................................... 14

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How to customize the spreadsheet ................................................................................................ 15

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DIV errors ........................................................................................................................................ 15

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Value! errors ................................................................................................................................... 16

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ERROR errors ................................................................................................................................... 16

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Financial stocks do no work ............................................................................................................ 16

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Speed up Load Time and Performance ....................................................................................... 17

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Enable Macros to solve Link Must be Updated Errors ................................................................ 18

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How to Unzip............................................................................................................................... 18

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Disclaimer The material from Old School Value, this spreadsheet or any affiliate sites have no regard to the specific investment objectives, financial situation, or particular needs of any visitor. Information, tools and articles published are solely for informational purposes and are not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. References made to third parties are based on information obtained from sources believed to be reliable, but are not guaranteed as being accurate. Visitors should not regard it as a substitute for the exercise of their own judgment. Any opinions expressed in this site are subject to change without notice and Old School Value or any affiliated sites or authors are not under any obligation to update or keep current the information contained herein. Old School Value, officers, associates or clients may have an interest in the securities or derivatives of any entities from Old School Value or the Old School Value Stock Valuation Spreadsheets referred herein. Old School Value accepts no liability whatsoever for any loss or damage of any kind arising out of the use of all or any part from Old School Value or any of the tools containing the name Old School Value. Our comments are an expression of opinion. While we believe our statements to be true, they always depend on the reliability of our own credible sources. The findings from this spreadsheet are merely a start to a means of further research and uncovering a great business and investment. Old School Value holds no responsibility for any investment whatsoever.

Thank You! First of all, a huge thank you for purchasing the spreadsheet and supporting Old School Value. I am ever grateful and humble that you have chosen to make this purchase. These spreadsheets are constantly being refined, updated and upgraded as my needs as an investor continues to increase. I’m confident this spreadsheet will save you hundreds of hours of work over the long run, make you a better analyst, investor and ultimately profiting from your stock picks. I am also positive it will pay for itself the minute you start using it. All the most common questions and issues have been addressed in this document so please take the time to go through it if you encounter errors. It is most always likely to be an Excel issue, NOT a spreadsheet issue. If you are still having trouble, I am always available to help. Welcome to Old School Value.

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Read Me… PLEASE. Premium buyers all receive 1 year of free updates and fixes If your 1 year period is over, you must purchase the spreadsheet again to renew your subscription When you unzip the package downloaded from the link in your email, it will contain the files:

If you do not know how to unzip, please view the FAQ section at the bottom.

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How to Install View the Install video Follow the instructions on the video to see how easy it is to install the add-in. You can view in High Definition mode as well. Click to see video or the link is at http://www.youtube.com/watch?v=BbW9-HanvzY

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Pre Existing SMF Add-in Installation If you already have the SMF add-in installed, just open the Valuation excel spreadsheets in the “Valuation_Spreadsheets_for_Excel_200x” folder and run. Then change the source of the spreadsheet to where you have SMF located on your computer.

New Installation (If no Previous SMF add-in Installed) Step1: Install the SMF Add-in (First Part of Installation) First unzip the file that you have downloaded from the link in your email to anywhere on your computer. 1. Double click the EXE file to start the installation. Make sure you use the installer according to your version of excel. Choose between 2002-2003 or the 2007-2010 file.

(If you get the following or similar message when installing: “1155: File C:\Users\OSV\App\Data\Local\Temp{8DB131 SMF blah blah .msi not found.” Please follow no.1 in the FAQ below to resolve this. This is a Windows Vista/7 incompatibility issue with Win XP.)

2. The installer will load and ask to start the installation

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Old School Value Spreadsheet Install Guide and FAQ http://www.oldschoolvalue.com/blog/forum/ for product support. If you can’t log in, press CTRL+F5. Pressing install will now install the required files to the pre-defined directories.

3. Installation is successful!

Step 2: Activate Macros & Add-in from Excel (Second Part of Installation) 4. Open the valuation spreadsheet and double click any spreadsheet based on your excel version.

5. If you get an Edit Links error, this is normal, if not, you still have to follow the next section.

6. Click “Edit Links…”

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8. 9. 10. 11. 12.

The add in window will appear and click on Browse Navigate to My Computer -> C:\SMF Select the SMF add-in file called “RCH_Stock_Market_Functions.xla” and click OK Click Yes to any file copy or overwrite prompts if there is any Verify the Stock Market Function add in box is checked

13. Press OK 14. If everything has been set up properly, in the bottom right corner of Excel, you should see a “Calculating xx%”. This is the spreadsheet accessing and pulling information from the online databases.

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Congratulations! You have it all set up and ready for use.

How to Manually Activate SMF Excel Add-in from Excel The manual method is just as easy. Open up a new excel file and do the following.

For Excel 2002 & 2003 1. 2. 3. 4. 5. 6. 7.

Go to the Tools menu and click Add-Ins Click the Browse button and a window will appear Click browse to and navigate to the SMF you created earlier Select the Add in file (you should only be seeing one) and then click OK Click Yes to any file copy or overwrite prompts if there is any Verify the Stock Market Function add in box is checked Press OK

For Excel 2007 & Excel 2010 1. You first need to have “Visual Basic for Applications” installed otherwise you will receive a message “This workbook has lost its VBA project, ActiveX controls and any other programmability-related features”. This means you need to change your installation. http://www.asap-utilities.com/faq-questions-answers-detail.php?m=145 2. Click the Windows Orb (big Windows circle in upper left) and then click on Excel Options in the bottom right corner 3. On the left menu, click Add-Ins 4. Towards the bottom there is a drop down list called Manage. Select Excel Add-ins and click Go 5. Make sure the box with “Stock Market Functions Add-in” is in the add-in list and then click OK.

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If It Does Not Work If you get an error, it will be one of the following. Make sure to check each one.            

Enable macros Visual Basic for Applications is installed. Enter the ticker and then press ENTER followed by the calculate button Be sure to log off Morningstar accounts from all browsers Only US listed stocks or ADR’s will work Financial stocks will not work Most pink sheets and OTC stocks will not work If a company history is too short there may be errors or #value! errors. Check the FAQ below Do search in the forum Go to the yahoo groups page and do a search Change computer settings to US number settings in control panel

Troubleshooting & FAQ 1. EXE file does not Install If you are using Windows Vista or Windows 7, there is a Windows bug preventing you from installing. If you get the following or similar message when installing: “1155: File C:\Users\OSV\App\Data\Local\Temp{8DB131 SMF blah blah .msi not found.” It is a Windows issue as described in the link http://support.microsoft.com/kb/939677 This behavior occurs because of a design change for the system profile in Windows Vista. To solve the issue a. b. c. d. e.

Right Click on the .exe Installation file Properties Tab Compatibility Compatibility mode (check box) Select Win 98/min me

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2. For Non USA Users **Important** To date, there are 2 issues with people living outside of the United States when using the spreadsheet. 1. Some of the data is not retrieved and you get Errors. If this is the case, you will be required to perform some basic changes to the code. A detailed step by step guide is in the following link. It should only take about 2min max, even if you have never done it before. http://www.oldschoolvalue.com/blog/forum/report-errors/attention-for-non-usa-users-how-tofix-spreadsheets/ 2. The numbers are multiplied by 1000. The spreadsheet is created for US stocks which means that for people in Europe or other non US countries, you need to change your number and region settings to US standards. A comma is used to represent thousands and decimal is used for cents. Refer to the following links. http://www.oldschoolvalue.com/blog/forum/report-errors/excel-07-problem-with-calculations/ http://www.mrexcel.com/forum/showthread.php?t=64417

3. How to go to Add-ins Menu For Excel 2000 or 2003 8. Go to the Tools menu and click Add-Ins 9. Click the Browse button and a window will appear 10. Click browse to and navigate to My Computer -> C:\SMF

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Old School Value Spreadsheet Install Guide and FAQ http://www.oldschoolvalue.com/blog/forum/ for product support. If you can’t log in, press CTRL+F5. 11. Select the SMF add-in file called “RCH_Stock_Market_Functions.xla” and click OK 12. Click Yes to any file copy or overwrite prompts if there is any 13. Verify the Stock Market Function add in box is checked

14. Press OK

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4. How to go to Add-ins Menu For Excel 2007 and Excel 2010 6. Click the Windows Orb and then click on Excel Options in the bottom right corner 7. On the left menu, click Add-Ins 8. Towards the bottom there is a drop down list called Manage. Select Excel Add-ins and click Go

9. The add in window will appear and click on Browse 10. Navigate to My Computer -> C:\SMF 11. Select the SMF add-in file called “RCH_Stock_Market_Functions.xla” and click OK

12. Click Yes to any file copy or overwrite prompts if there is any 13. Verify the Stock Market Function add in box is checked 14. Press OK

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5. How to customize the spreadsheet The spreadsheet utilizes an excel add-in called SMF (Stock Market Function). For other spreadsheets and templates with this add-in, visit the Yahoo page, sign up and navigate to the files section. In the OSV spreadsheets, the data in the statements tab is retrieved from Morningstar with the =RCHGetTableCell() function. Simply, this grabs the value from the cell of the table. Currently the formula in the spreadsheet is: =RCHGetTableCell("http://quicktake.morningstar.com/Stock/ Income10.asp?Symbol="&Ticker, 2, "Fiscal Year-End:", ">Revenue") To grab data from another site such as Yahoo Finance Australia for Telstra, I could go to the balance sheet page and then edit the function to display the cash by entering the following =RCHGetTableCell("http://au.finance.yahoo.com/q/abs?s="&Ticker, 1, "PERIOD ENDING", ">Cash") where the ticker entered into the spreadsheet would be TLS.AX. This command does the following:   

points to the page http://au.finance.yahoo.com/q/abs?s=TLS.AX selects the table that contains the exact phrase "PERIOD ENDING" selects the very first cell right after the cell containing the exact phrase "CASH" which is characterized by the > sign.

To retrieve the next value from the table, you would simply change the 1 to 2 to get the second cell.

6. DIV errors DIV errors are due to calculations with a null value. This is usually the case when a range of cells include a cell showing DIV or a formula is trying to divide by 0 or something similar. To eliminate the DIV error, try readjusting the cell ranges as shown in the example below. For companies such as DLB with 4 years of data instead of the required 5, you will get #DIV/0! errors because Excel is trying to calculate the median with invalid numbers.

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Old School Value Spreadsheet Install Guide and FAQ http://www.oldschoolvalue.com/blog/forum/ for product support. If you can’t log in, press CTRL+F5. To overcome this, you simply have to restate the cell ranges by double clicking and then changing the range from =MEDIAN(B41:J41) to where there are actual values. In the case of DLB, this would be =MEDIAN(F41,I41;J41).

The screenshot shows the edit for the third row, but you would want to do it for the first row and then just grab the corner and drag it down to apply it to all cells.

7. Value! errors This error occurs because the spreadsheet is unable to retrieve the particular data for the given company from the online databases. You just have to wait for the databases to be updated or refreshed.

8. ERROR errors “The spreadsheet was working fine until yesterday but now doesn’t work when a ticker is entered.” This could be due to: 1. Occasional database issues with the website the spreadsheet is retrieving data from. 2. You have a Morningstar account that you must log out from in order to pull the data properly. 3. The entered ticker is either a company the website does not have data for OR the information for that particular company is down.

9. Financial stocks do no work The financial statements for financial companies are different to all the other companies. Financial companies usually don’t have a Statement of Cash Flows which we require. Without proper cash information or FCF values, performing a Discounted Cash Flow analysis is difficult and beyond the capabilities of this spreadsheet.

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Speed up Load Time and Performance

For Excel 2003 Open the spreadsheet. Go to Tools -> Options

The default value is automatic as in the figure above. Check “manual”, and untick “Recalculate before save” and save. You now have to press F9 after entering the ticker or updating any cell. Save the Excel file before closing so that it saves the setting.

For Excel 2007 & Excel 2010 Go to the Calculation group on the Formulas tab and select Manual

To see more Excel 2007 calculation options, click the Microsoft Office Button, click Excel Options, and then click the Formulas tab. Calculation options on the Formula tab in Excel Options

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To find advanced calculation options, click the Microsoft Office Button, click Excel Options, and then click Advanced.

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Enable Macros to solve Link Must be Updated Errors

If you come across an error when starting the spreadsheet stating that a link has to be updated , make sure macros are enabled.

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How to Unzip

http://consumerdocs.installshield.com/selfservice/viewContent.do?externalId=Q108326&sliceId=1 Remember that this is just an example of how to unzip so make sure you unzip to the proper folder. Double-click the zipped file.

In the window that opens, click Extract all files.

The Extraction Wizard opens.

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Click Next. In the Select a Destination panel, select the location where you want the folder to be placed, for example, the Desktop. Click Next.

In the Extraction Complete panel, select Show extracted files. Check Finish. The unzipped files appear in a new window.

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Use the contents of the zipped file as instructed in the solution.

From experience these are all the issues encountered with running the spreadsheet. If you believe it is something else, leave a comment in the forum.

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