Merry Christmas- in Istanbul

Last week I was at Istanbul Grand bazaar to see what I can buy and bring home for souvenir. When I took my first step inside the building I saw stalls with variety of products being sold. Now this is interesting when many items flaunted are first seen...

I came upon a mesmerizing sight of gold. I called up my friends to accompany me inside to inquire on the prices on selected items. I went to ask for the price of gold chains.

At one point in my decision making, I became too lousy and stupid. I know for fact that I am good at pricing items especially when I know the standard price much more for gold. But to my surprise my investor's mentality just dropped off on that particular moment. I submitted to the opinion of the vendor of what he calls 'best price and discounted' he can give. I should have known what he was talking about if I have computed it myself the suggested price of that gold chain. Indeed, good marketing can sometimes blind us and unknowingly dropping our fundamental approach. 

Same what happen in stock investing. Many investors know the fundamental stand of companies but still fall on good marketing of few clever traders ready to sell their shares to gullible buyers..I really thought this time I was one..Anyway, when I reviewed and got my own computation, I saw that I have not bought it with a significant discount, but rather at a reasonable premium price. 

The approach to buying a certain items must be the same as how I evaluate a stock. I've got to have a knowledge of how it should be priced. I must know the real price of a stock before I can say whether the price of a for sale item is cheap or expensive. From there it is so fun to haggle for a best price in my own terms..

Right after the gold purchase, I went on for a vengeance. When a gold plated copper coffee pot caught my attention, I haggled for a lower price and demanded for a free 2 teaspoon while showing a ready Euro on my hand..I also hinted to him that I can bring more customers in his store with just one call from my friends waiting for me outside..with all those things to weigh and magic poke on his greediness, he submitted to my demand. I was quick to hand him my money and get what I think I am more than happy to acquire- The gold plated copper Coffee pot, for my espresso machine at home.

In this case, I have no idea of real price of the coffee pot. But feeling happy and worth the money I paid for it is just so priceless experience.


Merry Christmas and a prosperous New year to all!

Dec.7 SPC Power--JUST WED

SPC Corporation Q3 2012

Out.shares                 1,495,121,903

MarCap                      7.236 Billion pesos

1Q-290.6M                617% up compared to same period in 2011

2Q-479.4M                247% up compared to same period in 2011

3Q-217.0M                26.1% up compared to same period in 2011

News: Unit 2 of KSPC shut down on July 2012 3Q

Cause: breakdown of ILP turbine and Labyrinth

Effect: Equity share of parent company amounted to 21M, a decreased of 78% compared to 95.2M same period.

Action: Item sent to Japan for refurbishment. Completed and received back on Oct.6

Update: Grid synchronization achieved to 100% capacity as of Oct 28, 2012.

Conclusion: Therefore the company is back to normal and profitable condition. More upside to improve earnings for 4Q

Annualised Earning:             1.316 Billion

EPS:                                   0.880

Comparative avg. PE with other companies at 12

Current price:  4.84 pesos

0.880 x 12 = 10.50 pesos

Current price to TP: 117% upside

Dividend History:

YEAR	STOCK	CASH	SPLITS	RIGHTS	EX-DATE	RECORD	PAYABLE
2012	-	0.10	-	-	11-Jun-2012	15-Jun-2012	03-Jul-2012
2010	-	0.25	-	-	10-Jun-2010	16-Jun-2010	30-Jun-2010

Other notes:

Net income 9M 2012: 987.1 million pesos
Net income 9M 2011: 350.7 million pesos
change: 181%

Return on Equity:       28%
Return on Assets:      23%
Net income margin:   56.5%

Current ratio:           4.45
Debt-to-equity:        0.15

Dec.4 stock monitoring for the coming weeks

Investing continues even with the index is at historic highs, now at 5706.

LFM- I may exclude from my monitoring since this will be kept for the purpose of  dividend giver. This will remain in my portfolio or may decide to have this certificated. Of course my plan is subject to change. Should there be any information I deem necessary to monitor then I will disclose in appropriate time.

WEB-technical indicators still shows a hold plan for me. Buy back program on going

PCOR- break 10 and I will sell. hold 10.4 then I will do the same. break 11.0 then I will add...before anything else, watch price action and buyers above 11.00

PNX- it may hold for quite sometime at 9.0 level. prolonged consolidation will cement 9 as strong support. Investors believe that it should visit pass 10.00 level. Testing patience of traders to sell at this critical level before the move to 10.0. Catalyst is nearing.

Three picks look well. While these are not so volatile it is fitting to my situation at the moment when I cannot monitor them minute by minute. I am back at work here in Turkey. Start of work is at 7am and it is 1pm for Philippines. I will only have the afternoon trade session to check my picks- it's not fun.

It's more fun in Philippines!

Nov.29- Babypalooza bazaar at Ateneo campus

I won't be able to monitor my picks, PCOR and WEB

bot again WEB at 14.02 and quite surprisingly the buy back operation of PEP did not happen today. I will leave my web to where the traders would want the price to be. I believe the buy back operation will still continue next week- not monitoring web tomorrow will be ok. 

PCOR had a smaller volume than yesterday...though managed to settle somewhere near my entry price. I guess its uptrend is halted by psei pullback after 4 consecutive days of green- not monitoring

note: will add position when 11.00 is breached

My location tomorrow will be in Ateneo campus. I will be supporting my wife who has a stall at the Baby Palooza Bazaar: 

Walter Hogan Conference Center Ateneo de Manila University, QC 

Nov. 30 , 2012 9am-5pm

Early weekend for me. Have a great weekend everyone!

Ciao

P.S. Nov 30 is Bonifacio day..It was a no trading day.

Nov. 28 The next stock- PNX

The "next stock" I was referring to in my previous blog entries is PNX

Earnings:
1Q-190M 
2Q-15M
3Q-252M (Chelsea in the house)

Annualised earning: 610M
EPS 0.826

I may opt to get PE of PCOR at 13x for my target price

0.826x13= 10.74

However, I would want to "trade it with less to no harm"- bravorat tagline.

I would rather consider PE12x

0.826X12 = 9.9pesos

Chart wise 9.9 will be the resistance. I will simply post GTC sell order at 9.90

BUT
Fresh news just came up:

DOJ dismisses smuggling case vs Phoenix Petroleum

well it's a different thing now..once 9.9 is breached I will have to convince myself to double (should my account permits) my position for the next catalyst coming MARCh- the much awaited stock/cash dividend

I think this time is the right time to position considering good news around.


Tradings executed:
Sold WEb
Sold TEL

traded with no harm =)

bot PCOR

Caveat

Nov.26 stock updates for the week

Sold FJP for a decent profit last week. will need more fund for the next stock- as disclosed before.

" next stock" should give me still 10% upside. It has gone up 5% already. Previously looking forward for 15% but it has moved since...

Respecting technicals to complete my position.

PCKH-  momentarily sold my position to fund my grocery/shopping for this week. Filling up withdrawal form for that matter.

Action: Re-posting GTC buy at 7.40 - as disclosed before. I believe many will still check its 4Q earnings to cement yellow cab position as positive earning contributor to pckh..as my good friend suggested, this is for 2013.

Trading plans:

-Sold all WEB last Friday. bot again now at 13.50.. will be out this afternoon. I won't be able to monitor this.

-No plans on ATNB. I think I'm lost and out of control. To consider a longer horizon of positioning may buoy up some of hopes..

Nov. 22 ATN Holdings ASM

When I arrived at the venue the security guard told me that I have to leave my bag. One old man overheard it and started the commotion..and the area was filled with why before, why now... why everywhere?

After the old man whined to a certain organizer, they finally allowed bags inside. And we stormed our way in...

My eagerness to attend such meeting was to observe how ASM is conducted and of course to get vital information for my investing decision.

ASM points:

I presumed it was MR.NG since he held the mphone the longest. (they didn't put names on the panel) He was whispering his reports.

To my best of my understanding here are some info I can share:

Disclaimer:

These are only my honest interpretation from what has been discussed in the ASM. I do not claim accurateness of information.

-Fiscal year to change from 2nd thursday of July to any day 2nd week of Nov.
-slide showing numbers comparing 2012 to 2011. The number is not lying, 2012 decreased. Well, same numbers in the Quarterly reports

-Retained Earning shows it is able to give out 2% of stock dividends
-another slide showing a diagram of Renewable Energy for LBI (listing by Introduction to PSE) On Grid Solar PV projects
-Another slide 320 H land for Solar PV plant. In this slide Mr. Ng said, this will give ATN 40 years stable and steady cashflow.
-Another slide a photo with solar panels installed. I now asked myself, have they started? while estimating the area covered, solar panels should cover at least 2 hectares of land..Quite interesting. BUT I call someone's attention this time. I discreetly asked one lady if construction has really started...She said, that is only a sample photo of how solar panels look like...but the company is on negotiation..
NOw, what do you want me to say...I said, OK.

-Another slide a photo of Abdul Aziz of TBGI taken somewhere in middle east and a photo with Pres Aquino.

Here comes Lunch time...

Surprisingly, there were nurses, employees, and few from different walks of life whom I didn't see during the course of the meeting, where now on the queue for food. Well, the security guards didn't miss the feast...It's more fun!

I observed another thing...might be the reason why they disallow bags inside. 

I didn't leave empty handed coz I learned many things! on the other hand I am losing too much in my ATNB

I may not attend a free luncheon next year for that matter =)

Bouna Notte

Nov.17 Updated monitoring plans based on 3Q Reports

EG-   sold all 0.030 broken

PRIM- They have until feb.6 2013 or company life is over. Ongoing efforts to find a white knight and the chances are getting slim.

action: continue monitor

LFM- I was looking forward to an improve income 60M for 3Q. voila! 88M
EPS now at 5.76 but I am bound to remain at conservative price PE8x and that is 46. Checking the current price, someone had already priced it in. However, a confused soul sold it down.  Buy it up baby! One more push and that is the announcement of dividend anytime soon..

If they are playing with LFM, I have RFM as my target with PE25x (same biz)..that will make LFM 144pesos!!!
Warning: very illiquid

action: not for sale. just keep for divs

PCKH- 3Q earning is not that attractive but rather expected. yellow cab is in the team.. PE remains at 20x and it reflects the current price at 8.50pesos.. still willing to buy below 7.40pesos.. waiting for a bigger picture in 2013. Expansion in the middle east ongoing.

action: add any price below 7.40pesos

REG-  Historic PE11x at 9M earnings and current price at 2.60 is fair. Not so liquid.

action: add any price below 2.08 (PE8x) a buying frenzy for me

FJP-  My note before was to check intently on the 3Q earnings. I am torn between two incentives...The gain from divs or gain from getting rid of it.
Bottomline, I will need funds for my next stock.

Current price 2.79 at PE28x..quite high but seems ok for me. Dividend yield is 5% at my aep.

In the meantime, FJP will have to ride with the technical first while the chart seems bullish.

action: monitor for technical play. MACD and STS is re-curving with increasing (not heavy) volume of buys

ATNb-  will be attending Annual Stockholder's Meeting come Nov. 22
looks like 3Q numbers of ATN is "improving"..lesser losses mean further preservation of retained earnings.

too deep to cutloss.

Legal issues still anchoring the progress for inside parties.

action: monitor for confirmation on change of trend.  

MARC-  Requested to PSE for an extension to file 3Q Report.

Bravorat is sniffing a good cheese to nibble. waiting for a better entry- respecting technicals although price now is good.

I have a conservative 15% upside to my target price based on the 3Q performance. I will disclose when I have completed my position.

Have a good weekend!

nov.15 3Q Financial statement for my picks

I was out for four (4) days for my maritime trainings in Cavite..I took Offshore Emergency Helideck Team Member (OEHTM) for the 2nd time. The latter is a pre requisite training to getting the Offshore Helicopter Landing Officer OHLO which I will take next week on the same place. 

Back in my crib with an investor mindset, I got 3 shot glasses of Blue Label to celebrate the completion of the training. Well I need to sedate myself before I read FS of my selected picks. 

Saw two of my picks went up (less volume though) LFM and PCKH. I presumed this is triggered by their improve 3Q earnings. After this short entry for this day I will start to read FS of my picks and come back with some analyses and will prepare my investing plans.

At the moment, MARC and FJP requested to PSE for extension to file form 17-Q (Quarterly Report)

Nov.6 buy back on EG

Previous blog entry:
For trading: 

EG just dropped 15% with relatively lesser volume compared to vol on run up. If 0.044 holds, will buy.. otherwise, ready to buy 0.039..
remaining shares remains for show-good-performance stock 

Saw again EG down 12%..with 0.039 monitoring price I was ready to spare some fund for initial buy back..bot at 0.035 aep now at 0.033. Closed at 0.033

Chart:

-increasing vol of sellers..i supposed price could continue to go down. 

-MACD and STS direction south

-trend is down

-4th day red

why did I buy?

-stop loss at 0.030

-recent run up to 50% opened at 0.032

-current price at critical level..sitting somewhere 30/50 MA

-Heading to north or south

-sentiment is fear

-I am betting for profits...EG is a candidate for a bounce.

Plan:

North- sell what I bought at 0.035

South- cutloss at 0.030

Nov. 5 stock monitoring for this month

I am still here in Turkey and so excited now to go home again after one month out of the country..Every trading day, I had never missed to check on my picks on how they are doing. I have said before that I am opt to stay in investing mode due to my nature of work- I can't trade actively. So far so good...and it seems this system works well for me.

Since I left home...

LFM-is still waiting for declaration of divs..at the moment price is already below my purchase price..but price is already at PE8x..I consider this as support

REG-was quite a gain. left half of my position for divs..waiting to receive it on the 22nd of this month.

EG-left minimum board lot for my radar..in short, sold all out for a hefty gain.

FJP- always checking now an alert in my email for divs pay-out from my broker..divs is on the way to my account. Last week, it went up to 3.5 (35%+) only to settle somewhere on a safety speculative level from its psycho support held by trader/s with extra cash.

Eagle eye now on PRIM...here's why

thoughts on PRIM from previous blog entry

In 2 days time I'll be home soon...back to my active trading days..where time and days pass unnoticed..where there is more life and love around. 

Good luck..it's time to çıkış from here!
and giriş back to where I belong!!

note: 
çıkış- exit
giriş- entrance

*first words caught my eyes when I stood before Neomarine Mall in Tuzla, Turkey

Oct.28- Stock monitor for the week

PCKH. Willing to buy any price below 7.40. No order though. Only watching price behavior.

REG held fairly on the ex date..since shares remaining for divs purpose, the cheaper price I will get, I can maximize the return on divs..Hoping for price to come back to 2.20 area and will post buy somewhere below.

Awaiting divs declaration on LFM--still hoping though..I bought it at PE 8x

My action for FJP & PRIM will depend on the 3Q report. However, PRIM remains a speculative stock.
Will be receiving few bucks for a dine at pancake house, courtesy of FJP div payment on Nov.2

For trading: 

EG just dropped 15% with relatively lesser volume compared to vol on run up. If 0.044 holds, will buy.. otherwise, ready to buy 0.039..
remaining shares remains for show-good-performance stock 

Happy Halloween! 

20 Oct-MARC

MARC

Outstanding shares: 1,735,676,781

1Q earnings: loss 24,797,585 (Jan-Mar)

For the period January-March 2012, MMDC had no mining or extraction activities due to seasonal heavy

rains in the area. Operations focused on preparatory activities for the beginning of its mining season that

coincides with the relatively drier months of April-November. Preparatory activities consisted primarily

of maintenance operations for the various mountain roads that form part of the haulage network, as

well as the Company’s causeway. Rehabilitation works were also performed on the Company’s fleet of

heavy equipment.

2Q earnings: 136,763,848 (April-Jun)

Drier months of April-November..tuloy operation till 4Q (weather cooperating)

Initial Annual EPS: 0.13

PE 15= 1.95

PE 20=2.6

PE 6.5 (NIKL)= 0.84

Consider that this should not be the real picture since there was no operation on 1Q

A better picture on price appraisal would be practical when we can get 3Q report.

However, we can do some estimation out of their latest disclosure:

http://pse.com.ph/resource/disclosures/2012/pdf/dc2012-7605_MARC.pdf

Revenue increased 56%

14.2M USD- 9M 2012

9.09m USD-9M 2011 (this was the 381M sales)

Consider that MARC has bought their own transportation equipment mainly to minimize cost..that means more earnings- hopefully

14.2M usd * 40php =568M- 315M (6months ending sales of 2012)

=253M sales for 3Q 2012. 

We don’t know the cost but we can estimate

Ratio:

3Q 2011 - 381sales against 203 cost=1.87

2Q 2012- 315 sales against 169 cost= 1.87

Projected earning 3Q 253M/ 1.87

=135M earnings for 3Q

New Annualised earning: 329M/shares

=0.19

PE 10= 1.9

PE 15=2.85

PE 20=3.8

at 2.10/eps 0.13 (2Q 2012) = PE 16
using PE 16 on projected 0.19 Annaul EPS

Target price= 3.07pesos

Projected retained earnings:

306,531,009 + 135M 3Q= 341.5M (1 yr ops)

A must dividend declaration in 4 years time at this pacing.  However they can declare when they like...

MARC is now hanging on my wall...you are being framed!

Source:

http://pse.com.ph/resource/corpt/2012/MARC_17Q_Mar2012.pdf

http://pse.com.ph/resource/corpt/2012/MARC_A17Q_Jun2012.pdf

Oct.14- stock monitor for the week

Sold 90% of my EG shares. Big chunk sold at .047- biggest gain so far. Looking forward for more gains on other picks..

10% remaining shares will serve as my radar. This will also be my show-good-performance stock by percentage.

Added more PCKH. Willing to buy any price below 7.40. For now let me observe the price..

Observing price of REG this coming week nearing dividends..setting aside funds in the event opportunity knocks.

Awaiting divs declaration on LFM--still hoping though

No interest on other stocks. I will do away short trading this time given my focus on the job.

Excited for my picks this coming week.

 

Oct. 10- LFM

Since I left home for work I never had time to monitor my trading..Given my picks are for long, hence I can leave them as they grow.

A night before my flight, one stock caught my attention. Aside from my pckh, I have decided to get a piece of LFM for future dividend play. 

warning: very illiquid. few shares around.

Lfm gave 0.5 cash and previously a 25% stock divs. I bot lfm when I was in Moscow airport- buying shares after a missed flight. No estimation as to when they will declare..but my eyes are already on you!

This kind of stock need not to monitor actively. I will put my eyes in time when they declare divs. Already gaining but I need divs =)

My plans on EG. 

Will wake up 6.30am..4 hrs before my duty starts..less sleep hoping for a maximum gain.

If allowed for another 50% increase, will sell 2/3 of my shares (capital preservation and a hefty profit) leaving the rest for my show good performance stock in my portfolio.. Adding REG and Pckh for the moment. 

looking forward for at least 10% up in the first minute..if it won't push up, then execute plan A..but for a lesser profit

Sept.27 PCKH

Following the recent profit taking half of my position of REG, I have positioned quietly in the next stock. I may now divulge since it had already kicked off just today..I didn't expect it though but hoping it would retrace back somewhere at 7 or even lower than that should be favorable to continue my accumulation.

Let's talk about PCKH Pancake house

excerpted from COL
The Group forecasts to grow its profit by 70 percent for the year 2012 with the continuing efforts of the Team and with the full­ year contribution of Yellow Cab and expansion efforts overseas, mainly in Southeast Asia, Southern China and the Middle East. We confirm further that the group is now focused on Qatar and Kuwait. We are on the process of expanding in Malaysia and seeking partners in Indonesia and franchise operators in the Southern part of China. We hope to have clarified the news article in the interest of trading participants and the investing public.

Financials

I do keep an excel format monitoring sheet to help me choose stocks showing improve earnings and projected dividends...from there I can compute "in my own understanding" the probable price it can reach set by my own convenient margin..

Let me show you my own computation and perhaps justify my buying of PCKH

Outstanding shares: 237,795,455

Retained Earning 1H: 258,074,711 (less 35M divs last June)

Earnings:

1Q 33,195,217

2Q 16,920,444

Annualized Earning:  100M/outstanding shares

EPS: 0.42

PE of JFC:  32 (closest comparison)

PE of RFM: 25

I am opt to use PE of 25 to be conservative on the target price

PE 25 x 0.42 = 10.5 pesos PCKH 

and PE 30 x 0.42 = 12.6 pesos (close to 12.2 its historic high)

Should 3Q releases at least 25M earning then target price is not far fetched...still I am hoping for the price to remain close to 7 as much as possible so I may resume my accumulation. I would like to see the price to realize its potential just when the earnings of stores abroad is incorporated.

 




 

Sept.25 REG

and I remember I have a blog...

It's been quite a while I have not said anything of my trading. Actually, I can say I am now into investing...for dividends and little of nibbling from price appreciation. 

Most recent rise is from REG. Sold half and the other for cash divs entitlement. It really pays to be patient and to remain what you believe in after a careful research on stocks that can surprise us with catalyst such as increase dividend pay out. 

at 3pesos- div yield is 10%

at 4pesos-div yield is 7.5%

...very illiquid

It will exist in my portfolio as a regular dividend giver, and not something else. And following the advise of a good teacher, I will buy shares that will be mistakenly sold down to my price. 

While the run up could last til the ex date, I may use the profit to the next stock while there is still no noise and bigger chance to buy it at a lower price. I am expecting REG price may fall on the ex date- this is my time for a buy back.

I am eyeing another stock. Same approach as I have chosen REG. Disclosure will be out soon once I completed my buys.

new Avatar

My new avatar in FM. This six legged dog means that when at work, as a worker in this company, you will have to use all your legs, making it even six legs, to hurry up any work which has to be done- as my co-workers always quip about this logo.

I chose this as my avatar because this reminds me of the importance of applying speed in everything I do. May it be  my career and in making money, speed with precision is a must.

Sept.11 PX-LC conspiracy

I like making stories. Stories of conspiracy is one I am thrilled the most. 

Today LC shoot up from 1.13 to 1.25 (10.62% up) in a day with a convincing volume and it's been quite a while already to see such for LC.

Some say if IRR is signed it is directly influential to the approval of FTAA for LC FSE.

Without a disclosure it will remain a good story to tell.

Remember before during the heated issue on Kalayaan stand off where China wanted a piece of the area, same area where PX has an ownership thru PXP. Next thing we knew PXP shoot up to new unimaginable heights from 11.5/sh to as high as 35/sh in a week..triple your money..Any delay caused by the stand off is already compensated by their gains.

Well today for LC may still be considered a rally for a day. 

The closing of the Padcal mines of PX is due to the leak and some environmental damage issues. This heated news sprouted coincidentally with the LC run up.. 

Is it valid to think an angle where PX guys uses sister stocks such as MA/ZHI/LC to be their alternative mining playground to offset some of their losses?

We can see tomorrow if LC will dance like that of PXP before.

-Do not believe this story. This is merely formulating a story to console myself of not getting a piece of the run up, hehehe...

No trades today. Just watching from the sideline.

Sept.7 ATNB

Sold down few shares of IMI to buy more ATNB. Well, IMI is at halt near 4php and still a long way to go for the catalyst (dividend)

Why ATNB?

-Subsidiary has large tract of land 320 hectares which is assigned for their future installation of solar PV power generation project.

-Renewable energy in the Philippines is still at its early stage of introduction. I can wait when RE here will soon be enforced as aggressive as it is in the US.

-Service contract already issued by DoE to the company as part of their expansion program to renewable energy. 

-R.E. > Capital stock (Ongoing sales on Investment properties worth 1.6B)

-price is at historic low

-Very small shares traded

-loss from -12M 1Q to -2.5M 2Q

-Legal proceeding regarding the increase of authorized capital issue will be in favor to the company as suggested by the company's counsel.

-money is now too deep to cut the loss, hehe

Will go to UP KNL to meet my friends and have drinks. will jog around the campus early sunday before going for an eb with FM members.

Sept.6

Off from trading to complete this MARC stocks conversion to certificate. I have applied the upliftment before thru COL but when I was already on vacation in the south the latter sent email to report to BDO stock transfer agent to do the same thing, fill up a form and sign...sigh

Just monitoring stock til noon today for the above plan.

Sept.4

Back to active trading after a long two weeks of agony. One week in the hospital and another in the wake of my niece. May our little angel rest in the presence of God.

I will dedicate my performance in my trading to my niece. I know I will do better  for she will whisper to me what to pick... 

I did a lot of trading today. 
Sold MRC to fund the buy on EG and ATNB
EG aep 0.035
ATNB aep 2.169

IMI and FJP are intact
PRIM for re assessment if there is a significant development on the information disclosed regarding the interested investor.



...sa iyong paglisan, ang tanging pabaon ko..ay pag-ibig

13Aug

Holding GLO when STS showing buy signal and MACD has just indicated a reversal direction. Should give a buy signal tomorrow on a strong opening. 

Dividend info:

YEAR

STOCK

CASH

SPLITS

RIGHTS

EX-DATE

RECORD

PAYABLE

2012

-

32.50

-

22-Aug-2012

28-Aug-2012

28-Sep-2012

FJP- keep it quiet 'til next divs, if possible..

YEAR

STOCK

CASH

SPLITS

RIGHTS

EX-DATE

RECORD

PAYABLE

2012

-

0.05

-

-

03-Oct-2012

08-Oct-2012

02-Nov-2012

2012

-

0.07

-

-

09-Aug-2012

14-Aug-2012

07-Sep-2012

IMI- Ride along with the company's good earning performance as disclosed. 

No trades executed today. 

08Aug

GLO
-still awaiting for divs announcement. 
-price holding at near 1140. 
-expecting to rally til 1235. 
-MACD & STS good set up for buy signal
*assess price action and chart signals giving higher upside during announcement of divs
Given above picture, sell when chart indicators is setting up for a sell signal (at around 1200php) 
Hold when breaking strong beyond 1235 til 1250
Planning to get out with a gain


FJP
-Divs Ex date tomorrow 09Aug
-very wide spread 2.67-2.96
-Divs 2012 is higher than previous years
-next divs this 03Oct
*Price didn't budge..good sign for me. 
monitor trades tomorrow...


IMI bot 4.07
short live rally til 4.79 upon release of earning growth:
http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-5855_IMI.pdf

Retained earning has augmented thus giving confidence to hold with company's growth..and price history is big discount.


FJP & IMI may linger for awhile in my portfolio...

August

TDY and MJC are recent stocks that soared to its limit yet bought no shares. I have no control over information they have in the offing. 

Placing my bet momentarily on GLO for the dividends which should be announced anytime this week. 

Chart shows sts touching oversold levels however macd is still a sell signal. 

Nearing announcement of divs should move this back to 1235 (resistance). 

will be satisfied to sell it on that price but will monitor price action on the announcement day and its chart..

still having my vacation in the south

Seconds to Decades

Since executing my new approach to stock picking I have now the time to do other things than just sitting and fix my eyes on the ticker. I have now the ease of leaving sometime my portfolio to do more immediate things. 

My picks are basically giving me enough time to accumulate..at my own price..at my own time considering few factors
-Understand Financial statement and make records Quarterly

-In accumulating (attack while no one is looking)

-value as per my evaluation is not yet priced in
-and "catalyst" is still far


*as I have disclosed earlier my new approach is still in the trial and error mode...but my picks are showing color that please my eyes- Green
and I'm still holding...


---


In view of investing, I have started to organize my tree planting on my lot. I choose to fill up the big parcel of the lot with mahogany trees and the remaining with 3 other types of hardwood, which I forgot the "Visayan" name. To realize the value of investing in tree planting will take at least a decade or two. So different to investing stint I have with stocks when profit may be realized even for a second...


Well, every passing seconds in tree planting features positive growth and, as we all know however, will take decades.


but stocks in seconds..