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:
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
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
Walang komento:
Mag-post ng isang Komento