The full blueprint of The Accidental Order’s six-layer screening funnel: every threshold, every stage-by-stage count as measured on 2026-07-18, and the companies the filter structurally fails to see.
The update hub for The Accidental Order’s nine tracked companies in the 2026 Q2 earnings season: each company’s core scenario, the numbers to check, and the filing calendar from last year’s dates.
SCD holds KRW 73.7bn of cash against a KRW 63.1bn market cap with zero debt, and has raised its dividend three years running. But operating profit has thinned for five straight quarters, to KRW 510m.
Korea’s number one psychiatric drug maker saw its operating margin erode from 17.6% to 5.1% over five years, then posted a sharp rebound in Q1 2026. Two scenarios, with thresholds set in advance.
The same method we use on overlooked small caps, applied to Korea’s most heavily covered stock. A core scenario on whether the KRW 40tn raised comes back as profit, plus two watch points checked every quarter.
A guide that threads together the six-part technical analysis series: chart basics, price structure, indicators, and verification and reality. It teaches the limits of a signal alongside the signal itself.
A contents page and study guide threading together ten instalments on fundamental analysis, in four stages: statement basics, accounting traps, profitability and valuation, and capital allocation.
Why the usual technical signals fail in thinly traded, overlooked stocks, and how the spread, slippage and market impact of thin liquidity distort candles, indicators and exits.
What a backtest is and why dazzling results should not be trusted at face value — overfitting, look-ahead bias, survivorship bias, trading costs and data snooping, plus how to verify honestly.
An unqualified opinion is a minimum condition, not a guarantee of quality. How to read audit opinions, and how to find going-concern and related-party risk in the notes.
The five destinations for cash a company earns, and the tests for good and bad allocation, seen through Muhak’s dividend increase and its thick net cash.