A provider of fundamental data, Aspect Equity Review (AER) is closing it's retail website.
The website is migrating functions to their owner's main website Morningstar.com.au "One tool that is yet to be built on Morningstar.com.au is an Advanced Search function. ...we plan to build [one] in 2013.
...AER [will] ...close off all but the Search function... on 31st January 2013."
I'm looking for an alternative if there is one for fundamental data that can be accessed by my code (at present I screen scrape and store it).
Commsec is one of the third parties that source data from AER, however Commsec doesn't allow you to save advance stock screener searches nor does it have the Aspect Value Model tool (you can get the latter via subscription from Commsec for $30 a month). The Morningstar website doesn't have the Value Model tool - no mention of it being migrated.
The Value Model Tool provides a black box share valuation based on a number of parameters which you can adjust to see the effect on the value. Here's a pic of what the Commsec version looks like https://www2.comsec.com.au/media/612...emodeltool.gif
I already have a Morningstar Premium (YMW) subscription, the remainder of my AER subscription has been transferred to an extension of my Morningstar Premium subscription.
I'm looking for alternatives or brokers that offer the Aspect advanced stock screener and if possible the Aspect Value Model tool. Preferably something I can download or screen-scrape. AER offers download to Excel of the results of the screener, also you can save search specifications. Comsec search has a paged output (unlike the single page of AER) and you can't save a search - I can work around that but I'd prefer not to.
Don't mind paying a modest amount. AER was around $230 p.a.
Anyone else affected?
Anyone else who downloads fundamental data, where do you get it?
P.S. Not to mention the loss of the advanced announcement search, absent from Morningstar Premium, Comsec has it but not as good. Also the alerting tool (sends emails when certain company announcements are made) - absent from Morningstar Premium and Comsec. Also AER used to rank stocks 1-5 on Value, Growth, Risk, Income. I didn't really use that so...
P.P.S. If I paid $30 a month to Commsec, I'd get the Value Model Tool. Also Model Portfolios whatever that is (is it YMW portfolios or something different - Commsec don't give an example). Plus other stuff I already have from Morningstar Premium like Corporate Calendar.