Apr.28- Marcventures Holdings Inc., (MARC) 2013

MARCVENTURES HOLDINGS INC. (MARC 2013)

1.821 B- Out.shares
7.9 B- MarCap

1.821 billion pesos -Capital stock
735 million pesos -Retained earnings
303.5 million pesos -Cash and cash equivalent

2.9 billion pesos -Total Asset
159 million pesos -Total Liabilities
2.77 billion pesos -Equity attributable to parent company

429 million pesos -Current Asset
130 million pesos -Current liabilities

Revenue: 
2.516 billion pesos -2013
697.5 million pesos -2012
% change: 261%

Net Income: 
1.0 billion pesos -2013
114.5 million pesos -2012
% change: 773%

closing price 28-04-2013: 4.36 pesos
ANNUALIZED EPS: 0.55
PE: 7.93x

BV per share: 1.59 pesos
Price to book value: 2.74x

Other notes:

Return on Equity: 36.0%
Return on Assets: 35 %
Net income margin: 40%

Current ratio: 3.3
Debt-to-equity: 0.06

Expensive Multiple as per Benjamin Graham is 22.5 (PE x P/BV)

BV=1.59
P=4.36
P/BV= 2.74
PE= 7.93
BGM= 21.72

Happy Investing!

Apr.23- an inquiry on Century Pacific Food IPO

an inquiry on the upcoming IPO of Century Pacific Food Inc. (CNPF).

msg: Ok ba ang century pacific food?

My reply:

maayong adlaw diha...just had a quick look sa prospectus nila 650pages, pero dili tanan ako gibasa..mi check ko sa PE ratio bai...usa sa mga tan-awon nako na indicator kung pila ka multiple ang market price to its earnings per share. nakita nako mga 27x. And its current liabilities is almost reaching its asset. although food sector ni siya, reasonable ang pricing nila to 13.75..pero sa IPO man gud mangibabaw ang sentiment sa mga investors kung ok ang timing sa IPO. given na ang recent ipo from Double dragon was successful, malamang same result to Century...maingon nga dili na basehan ang cheap ba or mahal, ang sentiment sa investors mangibabaw on the day of the IPO. kung sa ako approach, the price is quite expensive for me and the upside is quite little for me kay peak na ang 27X for my criteria...makipag agawan kapa sa allocation per broker ana sa available share for sale. possible kapipiranggot lang pod makuha, in the case sa mga online broker, bacin bunutan pa ang mahitabo...you can buy days after the ipo considering the technical side or you deem the price cheap kung e sell down man gani sa mga players..or risk buying on the day of ipo but expect that one to be bought from the selling shareholder at a higher price...in my opinion. pass sah ko sa Century and let the silence on the trade be my indicator to get my eyes on the stocks...I attack when nobody is looking, wahehehe..pagkakaron, ang mga mata naa sa iyaha...and I don't want to compete with them.

Apr.21- Fb message: inquiry on getting rich...the easy way

an inquiry on getting rich...

I received a Facebook message asking on, "how to get rich...the easy way" ;)

My reply:

getting rich is a process…foundation of wealth is a key. ideally on a pyramid form, not a skyscraper, and making one does not sound easy but always achievable...it takes passion and setting realistic target..the moment you achieve few goals, you just have to upgrade them…being rich does not necessarily mean achieving an exact amount. it is the exact mental attitude you want to attain at a definite time frame.

As it sounds, richness is in the mind. once you achieve something according to your plan in "getting there" then you feel the richness in feeling, right? It's up to you how you associate that with money. After all, richness is not only in cash, no one can stop you to think that way or whatever you want to think. Richness can be achieved in friends, family love, environment, spiritual relations, etc...and beside those mentioned you may insert the money as you like. Remember, it is not a quick process but rather an enjoyable ride to getting there. and you certainly don't want any enjoyable experience to be quick. ;)


You will always have the ups and downs along the way but these are only but natural parts of the process.

"what is the sweetness in winning if you might not lose."

Good luck 

Apr.20- Arthaland Corp. (ALCO) 2013

Arthaland Corp. (ALCO 2013)

5.318 B -Out.shares
1.08 B -MarCap 

850.8 million pesos -Capital stock
656.2 million pesos -Retained earnings

574.6 million pesos -Cash and cash equivalent

4.35 billion pesos -Total Asset

2.79 billion pesos -Total Liabilities

1.56 billion pesos -Equity attributable to parent company

Revenue:

2.33 billion pesos -2013
1.45 billion pesos -2012

% change: 60.7%

Net Income:

281.6 million pesos -2013
269.1 million pesos -2012
% change: 4.6%

closing price 15-04-2013: .203 pesos
ANNUALIZED EPS: 0.053
PE: 3.83              

BV per share: 0.29 pesos

Price to book value: 0.69x

Note: market price is below book value

market price is at 44% discount

Other notes:

Return on Equity: 18%
Return on Assets: 6.5 %
Net income margin: 12.1%

Debt-to-equity: 1.79

Expensive Multiple as per Benjamin Graham is 22.5 (PE x P/BV)

BV=0.293

P=.203

P/BV= .69

PE= 3.83

BGM= 2.64

Legends:

BV-book value; P-current price; PE- price to earnings; BGM- Benjamin Graham Multiple

Happy Investing!

Apr.18- Republic Glass Holdings (REG) 2013

Republic Glass Holding Corp. (REG 2013)

682 M -Out.shares
1.63 B -MarCap 

738.3 million pesos -Capital stock
521.4 million pesos -Retained earnings

276.2 million pesos -Cash and cash equivalent

1.75 billion pesos -Total Asset

161.7 million pesos -Total Liabilities

1.584 million pesos -Equity attributable to parent company

1.028 billion pesos -Current Asset

645 million pesos -Current liabilities

Revenue:

44.2 million pesos -2013
47.4 million pesos -2012

% change: -6.75%

Net Income:

676 million pesos -2013
172.5 million pesos -2012
% change: 292%

closing price 15-04-2013: 2.39 pesos
*ANNUALIZED EPS: 0.99
*PE: 2.41               

BV per share: 2.32 pesos

Price to book value: 1.03x

Note: market price is equal to the book value

*(distorted due to gain on sale of Properties)

Other notes:

Return on Equity: 42.7%
Return on Assets: 38.6 %
*Net income margin: 1429%

Current ratio: 1.59
Debt-to-equity: 0.10

Expensive Multiple as per Benjamin Graham is 22.5 (PE x P/BV)

BV=2.32

P=2.39

P/BV= 1.03

PE= 2.41

BGM= 2.48

Happy Investing!

Apr.15- Shang Properties SHNG 2013

SHANG PROPERTIES (SHNG 2013)

4.764 B -Out.shares
14.76 B -MarCap 

4.764 billion pesos -Capital stock
16.41 billion pesos -Retained earnings

1.89 billion pesos -Cash and cash equivalent

39.0 billion pesos -Total Asset

14.25 billion pesos -Total Liabilities

21.73 billion pesos -Equity attributable to parent company

8.4 billion pesos -Current Asset

4.0 billion pesos -Current liabilities

Revenue:

6.33 billion pesos -2013
4.60 billion pesos -2012

% change:  37.6%

Net Income:

2.01 billion pesos -2013
1.895 billion pesos -2012
% change: 22%

closing price 15-04-2013: 3.08 pesos
ANNUALIZED EPS: 0.422
PE: 7.30               

BV per share: 4.56 pesos

Price to book value: 0.67x

Note: market price is below book value

Other notes:

Return on Equity: 9.25 %
Return on Assets: 5.15 %
Net income margin: 31.75%

Current ratio: 2.74
Debt-to-equity: 0.65

Expensive Multiple as per Benjamin Graham is 22.5 (PE x P/BV)

BV=4.56

P=3.08

P/BV= 0.67

PE= 7.30

BGM= 4.89

Happy Investing!

Apr.8- Made-my-day moment

I was attending simultaneous operations when Bristow Helicopter company just called up to advise that chopper has taken off from base and time of arrival is 30min!

What? I cannot stop the flight now. Instead I requested if they can delay on the air or land on stby on another platform for at least the next hour.

Eventually, my helideck is clear to land and chopper landed safely. 

In a not-so-common scene, a British Pilot just alighted the cockpit and walked towards me, pointing to a direction where he seems as though ready to reprimand me. He is showing a disagreeing look.

Took off each of our head phones and started the conversation:
Pilot: What's wrong? Why a long delay? We have a limited fuel available! -in an upset tone

Me: I have simultaneous ops ongoing and all I can do to maintain safety is to put you on hold until it is safe to receive you. And if you don't know, I have minimum people around to delegate.

British Pilot: then he smirked. "Kuripot ba Management?"

I just burst into laughter! 
yeah, could be the root cause- I quipped.

British Pilot: Ok let's go!

What a relief. 

Apr. 07- Inquiry on MBT

I got an fb chat message from a friend.

An inquiry on trading MBT















My reply:
I can give you my opinion po. I am not following mbt since it does not fit into my system of investing/trading. Whether I have a stock to trade or not, either way there's only 3 ways a stock can go, Up,Down and Sideways...
If I have to trade mbt, I will buy at this price given that it's nearer to psyc resistance at 80 than the support level at 71. 

In daily trading, speed of transaction is a must...speaking this way, trading near 80 is more opportunistic than waiting near 71. My action to take will be biased according to what I see only on the chart...I have yet to see really the real price action of mbt and some F.A. numbers to check. My trade however will be buy below 8.0 (and that means at this current price). 

Resistance: 82 (you can sell before the price reaches this level) 
Sell: when price goes near to 77. (accepting loss when it is still bearable  )

Probabilities:
winning- 78.25 to 82.0 is 4.7%
losing- 78.25 to 77 is 1.6%

You can clearly define the probability in the winning trades has something to offer more gains than the consequence in the losing trade. If it does reaches 77, you can sell then post your gtc buy at 71. In this plan, you did grab the probability of it going up than down to 71.

Pros: Index is at work to retest previous highs.. mbt should follow suit
caveat 

The day after: RESULT

April 02- Benguet Corp. (BC)

It was unusual for me to see a certain volume for BC. The last time it had surpassed a 2 million volume in a day happened 2 years ago. This transaction just came from a single buyer. Whoever that is, he must know something that I don't. 

I would not care to know for now.

Chart wise it is a good buy and accumulation. 
Industry...hmmm Mining is still in the shadow unless production is very good like my MARC that is hard to ignore the investment opportunity.

BC is also investing in the Health care business therefore they should not only be dragged by the sentiment on the Mining Industry because they have some of their eggs on another basket.

Resistance: 9.0
Support:7.0 (buy and accumulate on this level)
Buy more: Above 10.0

Don't be tricked on the intraday gain today. A measly 100 shares closed the price. Just follow the suggested level for buying and accumulating.

Caveat