what i read today: Stock-market purchase of P340 a share may now be cheaper than P200 a share years ago (30 oct 2012)

Stock-market purchase of P340 a share may now be cheaper than P200 a share years ago

Published on Monday, 29 October 2012 19:53
Written by Alijeffty C. Gonzales

what i read today: What Sushi and Trading Have in Common (26 oct 2012)

What Sushi and Trading Have in Common

The Ninja Stock Monitor (gtcap, 25 oct 2012)

selected technical indicators of PSE-listed stocks 

legend:

c: closing price

s: support

r: resistance

vol: volume (+ above 5dma; - below 5dma)

macd: moving average convergence divergence ...  values: 12; 26; 9

rsi: relative strength index ... values: 14; 30; 70

sts: stochastics ... values: 15; 3; 5

rem: remarks

unch: unchanged 

(+): higher

(-): lower

24 oct 2012 closing prices 

gtcap (gt capital holdings)

c: 522(-)

s: 521

r:  533
vol: (-)
macd: < 0
macd histogram: < 0
macd histogram direction:(-)
rsi: 33.73(-)
sts: 16.64(-)

rem: it seems i spoke to soon the other day ... gtcap closed again @522 from the previous 533.50 ... after momentarily breaching last monday's intraday low of 521 ... histogram resumed its southward course ... just continue monitoring ... 


previous gtcap monitor:
The Ninja Stock Monitor (gtcap, 23 oct 2012)

see also:
how do i pick stocks to trade (07 sept 2012)
my trading tactics

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts may be used .. 

what i read today: A Three-Step Solution to the Hardest Problem Investors Face (23 oct 2012)

A Three-Step Solution to the Hardest Problem Investors Face

The Ninja Stock Monitor (gtcap, 23 oct 2012)

selected technical indicators of PSE-listed stocks 

legend:

c: closing price

s: support

r: resistance

vol: volume (+ above 5dma; - below 5dma)

macd: moving average convergence divergence ...  values: 12; 26; 9

rsi: relative strength index ... values: 14; 30; 70

sts: stochastics ... values: 15; 3; 5

rem: remarks

unch: unchanged 

(+): higher

(-): lower

23 oct 2012 closing prices 

gtcap (gt capital holdings)

c: 533.50(+)

s: 528

r:  540, 543, 550
vol: (+)
macd: < 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 40.28(+)
sts: 19.21(+)

rem: gtcap may have already reached its bottom yesterday for the current cycle @522 ... macd gives us the (-,-,+) setup today, the macd histogram changing direction to +, rsi and sts also now pointing north ... continue monitoring for a possible initial position .. adjust stops accordingly


previous gtcap monitor:
The Ninja Stock Monitor (aba, acr, aev, agi, bloom, gtcap, ict, pcor, vll: 19 oct 2012)

see also:
how do i pick stocks to trade (07 sept 2012)
my trading tactics

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in the citiseconline charts) ... in the absence of any personal charting program, the pse website's charts may be used .. 

what i read today: The science of speculation (22 oct 2012)

The science of speculation

Published on Sunday, 21 October 2012 18:00

Written by Julian P. Tarrobago Jr. / Bull Session

http://businessmirror.com.ph/index.php/business/companies/853-the-science-of-speculation

The Ninja Stock Monitor (aba, acr, aev, agi, bloom, gtcap, ict, pcor, vll: 19 oct 2012)

these are my trading notes for my reference only 
by no means are these to be taken by the reader as recommendations to buy or sell


selected technical indicators of PSE-listed stocks 

legend:

c: closing price

s: support

r: resistance

vol: volume (+ above 5dma; - below 5dma)

macd: moving average convergence divergence ...  values: 12; 26; 9

rsi: relative strength index ... values: 14; 30; 70

sts: stochastics ... values: 15; 3; 5

rem: remarks

unch: unchanged 

(+): higher

(-): lower

19 oct 2012 closing prices 

aba (abacus consolidated resources)

c: 0.74(+)
s: 0.70

r:  .076
vol: (+)
macd: < 0
macd histogram: > 0
macd histogram direction:(+)
rsi: 60.64(+)
sts: 40.48(+)

rem: aba breached the 0.73 resistance .. volume was above the 5-day moving average ... the 200 DMA at around between .075-.076 is the next res, then the recent intraday high of .076 ... closing at .074 or higher should be a good sign .. adjust stops

acr (alsons consolidated reseources)

c: 1.41(+)
s: 1.40

r:  1.43
vol: (-)
macd: > 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 50.68(+)
sts: 25(+)

rem: 1.40 seems to prove to be a strong support ... acr is presently at the bottom of a tight 1.40-1.55 trading range ... indicators point to a positive bias these coming days .. sts positively breached the 20% oversold threshold .. trade at one's discretion


aev (aboitiz equity ventures)

c: 48.90(+)
s: 48

r:  49
vol: (+)
macd: < 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 55.32(+)
sts: 68.69(+)

rem: aev has been trading at the 48-49 peso range ... its exhibiting my favorite (-,-,+) macd set up (15 oct 2012) ... a possible breach of 49 may be successful the coming days ... trade at one's discretion


agi (alliance global inc)

c: 15.14(+)

s: 15

r:  15.42
vol: (average)
macd: > 0
macd histogram: < 0
macd histogram direction:(-)
rsi: 73.09(+)
sts: 82.12(-)

rem: agi closed at its record high last friday ... even reaching 15.42 intraday ... tho its macd histgoram is still below 0 and is even lower ... rsi and sts are at overbot levels for the past 7 trading days ... adjust stops ... trade at one's discretion 


bloom (bloomberry resorts corp)

c: 13.20(-)
s: 13, 12.68, 12

r:  13.66, 14, 14.42
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 64.11(-)
sts: 62.5(-)

rem: 3 successive red candles .. bloom seems to have reached its recent high at 14.64 ... macd and its histogram both pointing south .. rsi and sts both recently negatively breached overbot levels ... start monitoring


gtcap (gt capital holdings)

c: 533.00(-)

s: 530, 525

r:  544; 550
vol: (+)
macd: < 0
macd histogram: < 0
macd histogram direction:(-)
rsi: 37.64(-)
sts: 17.48(-)

rem: gtcap breached the 540 and 535 supports and is threatening to breach next the 530 and 525 supports .. all the macd indicators are negative ... rsi and sts also point south ... start monitoring


ict (international container terminals)

c: 69.95(-)

s: 69.85; 69, 68.60

r:  70.70, 71.85
vol: (-)
macd: > 0
macd histogram: < 0
macd histogram direction:(-)
rsi: 47.23(-)
sts: 11.51(-)

rem: ict looks like its at the bottom of the 69.85-73 peso range ... with the 50-day moving average acting as support at 69.85 ...macd, rsi and sts all pointing south ... start monitoring

pcor (petron corp)

c: 11(+)
s: 10.84

r:  11.10, 11.20
vol: (-)
macd: > 0
macd histogram: < 0
macd histogram direction:(-)
rsi: 64.62(+)
sts: 82.75(-)

rem: pcor has been trading at the 10.80-11 peso range the past 2 weeks ..and is now near the top of the range ... the macd oscillator just negatively breached 0 ... the rsi and sts at the top end of the scale ... monitor


vll (vista land and landscapres)

c: 4.74(unchanged)

s: 4.69; 4.65

r:  4.90, 4.96
vol: (+)
macd: > 0
macd histogram: < 0
macd histogram direction:(-)
rsi: 52.35(unchanged)
sts: 24.24(-)

rem: the macd continues to go down ... just continue monitoring 



p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in the citiseconline charts) ... in the absence of any personal charting program, the pse website's charts may be used .. 



see also:
how do i pick stocks to trade (07 sept 2012)
my trading tactics

non-stok tots: Critical Mass Ride, 21 October 2011

http://www.facebook.com/events/117114295109447/

Firefly Brigade October CMR: Pre-Halloween Daytime Ride - Oct 21

Public Event · By Firefly Brigade-Phils

• • 
    

    Sunday

• Start/End : Firefly Brigade Headquarters 60B Cubao Expo (Marikina Shoe Expo) Araneta, Center, Cubao 7.00am Assembly 7.30am Ride Out Halloween Route plus a peek into the Livestrong Ride Cubao Expo Scary Ride Around Araneta Center Out towards Santolan via 15th Avenue Enter Camp Aguinaldo and greet/give candies to soldiers Exit via Edsa "Bike Lanes" towards Corinthian/Ortigas Center Photo Ops at Carless Emerald Avenue Ride aorund Ortigas Center (8.40-9.00ish)Stop-over at Livestrong Loop for Photo Ops and Cheer for the Halimaws before creeping out motorists and bystanders along key cities of the Metro, shall we? Ride towards Kapitolyo Take Shaw Boulevard Cross Edsa Right at Gas station to go to Wilson Greenhills Enter Greenhills Shopping Center Ride a Loop Give candies to motorists 10am Meet up Marshals at Bike Parking Area Head back to HQ (via Santolan and San Juan Cemetery Photo Ops) for the Latagan Bikestuff and Jersey Sale, Scary Costume Rider Awarding Session, Raffle ETA: Firefly Brigade HQ, 10.30-11am P.S. Bring candies to giveaway :) :) Members Bike Stuff Latagan (7am-2pm) (bring your stuff to swap or sell - spring cleaning time) Pre-Tour of the Fireflies Merchandise Sale (Select past ToF tees and jerseys on sale)

  
  

non-stok tots: mushrooms (20 oct 2012)

was watching talk tv the other day with my mom and there was this feature about mushrooms being beneficial to breast cancer patients (not those shrooms oks? .. btw ... i heard that u can trip on mushrooms growing on the ebak of carabaos in boracay island?  hehehe .. i heard lang .. i dont even know if there are carabaos there)... anyways ... in the tv feature ... the mushrooms are being bottled with tomato sauce and sold as pasta sauce ... my mom commented that she wants to try them ... well i replied that the pasta that ive been cooking sometimes has mushrooms ..

so this morning i did my simple version of penne al funghi con pork and beans for breakfast just to remind her she's been tripping on mushroms all along already hehe ..

today's log (apm, 18 oct 2012)

daytraded apm .. bot starting .11 up to .135 .. sold everything at .141 ...

something unusual happened when i sold my apm at the closing ... for the first time ever .. my broker said thank you !!!! wahahaha! ang mahal ng thank you nya! hehehe

what i read today: Trade to Trade Well, not just Make Money! (17 oct 2012)

Trade to Trade Well, not just Make Money!

what i read today: Stock investing: A source of wealth (16 oct 2012)

Stock investing: A source of wealth

http://businessmirror.com.ph/index.php/business/banking-finance/587-stock-investing-a-source-of-wealth

non-stok tots: one day (15 oct 2012)

was watching the movie "one day" on hbo lunchtime today with anne hathaway (as emma) ..

Emma: I love you, Dex, so much. I just don't like you anymore. I'm sorry. 

aray ku :(

otherwise ..  i love the movie ... and anne is soo hot :)

The Ninja Stock Monitor (agi, pnb, sm, vll: 12 oct 2012)

these are my trading notes for my reference only 
by no means are these to be taken by the reader as recommendations to buy or sell


selected technical indicators of PSE-listed stocks 

legend:

c: closing price

s: support

r: resistance

vol: volume (+ above 5dma; - below 5dma)

macd: moving average convergence divergence ...  values: 12; 26; 9

rsi: relative strength index ... values: 14; 30; 70

sts: stochastics ... values: 15; 3; 5

rem: remarks

unch: unchanged 

(+): higher

(-): lower

12 oct 2012 closing prices 

agi (alliance global inc)

c: 15.00(+)
s: 14.92

r:  15.16
vol: (-)
macd: > 0
macd histogram: < 0
macd histogram direction:(-)
rsi: 72.71(+)
sts: 92.82(+)

rem: agi reached an intraday high of 15.16 (i think its highest ever) .. tho macd still continuing to diverge .. rsi and sts moved positively ... still no macd buy signal .. but i may add to my initial position taken last week ...adjusting stops 


pnb (philippine national bank)

c: 73.95(+)
s: 70.80 

r:  74.40, 74.50, 74.90
vol: (-)
macd: > 0
macd histogram: > 0 
macd histogram direction:(+)
vol: (-)
rsi: 60.15(+)
sts: 50.68(+)

rem: last minute positive price action last friday ... the macd red arrow was succeeded by a macd green arrow .. option to add to initial position ... monitor closely


sm (sm investment corp)

c: 770(-)

s: 768

r:  785
vol: (+)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 55.05(-)
sts: 58.99(-)

rem: 4 bak-to-bak red candle days ... no macd sell signal yet .. just monitor


vll (vista land and landscapres)

c: 4.87(+)

s: 4.83

r:  4.90; 4.96
vol: (-)
macd: > 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 67.3(+)
sts: 68.04(+)

rem: continue monitoring .. adjust stops .. option to add above 4.90


see also:
how do i pick stocks to trade (07 sept 2012)
my trading tactics

stok tots: bloom - a back-of-the-bus-ticket analysis (bloom, 14 oct 2012)

bloom has been going up in price since its macd gave a buy signal on 12 sept 2012 .. from a closing price of 10 pesos to 13.20 last friday (12 oct) .. or a 32% price increase in just exactly 1 month. traders have attributed the price increase to the upbeat mood in expectation of a 1st quarter 2013 opening of its hotel/casino operation in the pagcor entertainment city by the manila bay area.

technically, bloom's price action and indicators continue to look bullish after 1 month, its macd still pointing north and both rsi and sts above the overbot levels of 70% and 80% respectively ...

with bloom now trading at 13.20 pesos  .. im just curious how it is doing in terms of fundamentals .. or .. in the absence of casino revenues at the moment, its present valuation vis-a-vis future possible income stream  ... ill be doing my favorite fundamental valuation technique: a back of the bus-ticket analysis ...

as bloom has at present no income yet .. ill be using agi as basis for proxy figures. in morgan stanley's 3 august 2012 primer on the philippine gaming sector, agi's presently 50% owned traveller's International which owns resorts world manila near naia has 300 tables and 1,600 slot machines. solaire manila, bloomberry's casino/hotel to open on the 1Q of 2013 ...  will also have 300 tables but with fewer slot machines at 1,200. in 2011, traveller's international generated for agi a net income of 2.4 billion pesos, making resort's worlds net income for 2011 at 4.8 billion. assuming bloomberry's 2011 income to be 4.8 billion also, we can compute for bloom's 2011 eps and p/e ...    

a. bloom's total issued and outstanding shares: 10,589,900,556
b. resorts world manila 2011 net income: 4.8 billion pesos
c. assumed bloom 2011 eps: 4.8 B pesos/ 10.6 B shares = 45 cents per share
d. bloom's most recent closing price: 13.20 pesos
e. bloom's 2011 trailing p/e using resort's world manila's net income as proxy = 13.20/.45 = 29.15 x

in comparison, wynn's resorts (WYNN) has a p/e of 22.3 while genting singapore (G13.SI) has a p/e of 19.55.

with a p/e of 19.55 .. bloom should be trading at around 8.85 pesos
with a p/e of 22.30 .. bloom should be trading at 10.10 pesos.

therefore ... at 13.20 ... bloom is trading at a premium compared with the two randomly chosen casino stocks.
  
tho already trading at a premium (assumed) vis-a-vis other casino stocks, i think bloom still has some potential price action left considering the present gambling mood of pse traders. in this regard .. if i do trade bloom in the coming days .. ill be trading it based on its chart (just carefully considering possible entry points), and not based on valuation.  

see also:


how do i pick stocks to trade (07 sept 2012)
my trading tactics

stok tots: will CLOUD benefit from the sale of ipcdsi to epldt?? (12 oct 2012)

on 12 oct 2012, pldt (tel) disclosed that its wholly owned subsidiary, epldt, and ip ventures agreed for the purchase by epldt .. of ip venture's subsidiary ... ipcdsi ... 

http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-7427_TEL.pdf

in a stock market forum, it was mentioned that CLOUD will benefit from the sale ... 

however, when i read the disclosure ... nowhere can i find any mention of CLOUD, the pse listed firm .. it only mentions IP Ventures ... which is the present owner of IPCDS .. after CLOUD sold IPCDS to IP Ventures .. see the CLOUD disclosure dated 15 may 2012:

http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-3798_CLOUD.pdf


i think CLOUD the pse-listed company has nothing to do with the epldt -ipvi deal .. CLOUD is no longer a company under the gonzales' ownership ... see the CLOUD disclosure dated 19 june 2012:

http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-4693_CLOUD.pdf


i dont expect any disclosure from the new owners of CLOUD except maybe to clarify that they are not involved in the transaction

op kors .. i can always be wrong ..

stok tots: yehey! listing (12 oct 2012)

yehey corp listing by introduction: 18 october 2012
total number of shares to be listed: 278 million shares
2011 net income: 11.4 million
1H 2012 net income: 3.8 million
2012 net income (1H 2012 income annualized): 7.6 million

2011 eps: 4.1 centavos
2012 eps: 2.73 centavos
listing price: 1 peso

2011 p/e: 24.39 x
2012 p/e: 36.58 x

p.s. havent seen the listing prospectus yet ...

references:

2Q 2012 FS ivantage (V):

http://www.pse.com.ph/resource/corpt/2012/V_17Q_Jun2012.pdf

2011 FS ivantage (V):

http://www.pse.com.ph/resource/corpt/2012/V_D20IS_07162012.pdf

business inquirer 11 oct 2012:

http://business.inquirer.net/86714/yehey-seeks-digital-marketing-play-on-oct-18-pse-listing

The Ninja Stock Monitor (cmt: 11 oct 2012)

selected technical indicators of PSE-listed stocks 


these are my trading notes for my reference only 
by no means are these to be taken by the reader as recommendations to buy or sell

legend:

c: closing price

s: support

r: resistance

vol: volume (+ above 5dma; - below 5dma)

macd: moving average convergence divergence ...  values: 12; 26; 9

rsi: relative strength index ... values: 14; 30; 70

sts: stochastics ... values: 15; 3; 5

rem: remarks

unch: unchanged 

(+): higher

(-): lower

11 oct 2012 closing prices 

cmt (southeast asia cement holdings)

c: 2.49(+)
s: 2.44; 2.40; 2.36

r:  2.54; 2.57; 2.60
vol: (-)
macd: > 0
macd histogram: < 0
macd histogram direction: (+)
rsi: 55.61(+)
sts: 48.27(+)

rem: rsi and sts pointing up ... no macd buy signal yet but histogram is already on the way up ... monitor .. just 8 cents to breakout (highest close 2.57) ... 


see also:
how do i pick stocks to trade (07 sept 2012)
my trading tactics

The Ninja Stock Monitor (rlc, sm: 10 oct 2012)

selected technical indicators of PSE-listed stocks 


these are my trading notes for my reference only 
by no means are these to be taken by the reader as recommendations to buy or sell

legend:

c: closing price

s: support

r: resistance

vol: volume (+ above 5dma; - below 5dma)

macd: moving average convergence divergence ...  values: 12; 26; 9

rsi: relative strength index ... values: 14; 30; 70

sts: stochastics ... values: 15; 3; 5

rem: remarks

unch: unchanged 

(+): higher

(-): lower

10 oct 2012 closing prices 

rlc (robinsons land corp)

c: 18.66(-)
s: 18.08; 18

r:  19.00
vol: (+)
macd: > 0
macd histogram: > 0
macd histogram direction: (-)
rsi: 46.76(-)
sts: 60.89(-)

rem: price and indicators pointing south ..seems the top for the present cycle has been reached ... monitor again for reentry after bottom has been reached



sm (sm investments)

c: 793.50(-)

s: 790

r:  800
vol: (+)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 66.11(-); sell signal
sts: 86.76(-)

rem: sm gapped down ... closed near its lows ... 2 red candles in a row .. possible top may have already been reached  ... monitor

The Ninja Stock Monitor (aba, agi, lr, pnb, vll: 10 oct 2012)

selected technical indicators of PSE-listed stocks 


these are my trading notes for my reference only 
by no means are these to be taken by the reader as recommendations to buy or sell

legend:

c: closing price

s: support

r: resistance

vol: volume (+ above 5dma; - below 5dma)

macd: moving average convergence divergence ...  values: 12; 26; 9

rsi: relative strength index ... values: 14; 30; 70

sts: stochastics ... values: 15; 3; 5

rem: remarks

unch: unchanged 

(+): higher

(-): lower

10 oct 2012 closing prices 

aba (abacus consolidated resources)

c: .70 (-)
s: .69

r:  .72
vol: (+)
macd: < 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 41.62(-)
sts: 46.67(-)

rem: aba has been moving in a tight range lately (.69 - .73) with macd, rsi and sts moving up and down on a more frequent duration .. the histogram changed direction again today (negative) and both rsi and sts pointing down also ... continue monitoring ... wait some more before buying initial position (if still out of aba) ... another option is buy only if it breaches .73 .. always set stops ..

agi (alliance global inc)

c: 14.88(+)

s: 14.32

r:  14.90
vol: (+)
macd: > 0
macd histogram: < 0 (sell signal)
macd histogram direction:(-)
rsi: 79.09(+)
sts: 87.23(- )

rem: the price has been moving positively the past 2 days .. changing direction way ahead of the macd ... which gave a sell signal only today (haha) ...while rsi and sts both moved with price ... one can gamble and take an initial position in the coming days .. just add if the price action continues to be positive ... or one can opt to wait first for the macd buy signal to be given 

lr (leisure and resorts world corp)

c: 8.49(+)
s: 8.30

r:  8.77; 8.90
vol: (+)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 60.97(+)
sts: 70.24(-)

rem: lr like agi previously ... took a uturn way ahead of the indicators ... impatient traders have already taken an initial position way ahead of any positive signal from the indicators .. start monitoring .. buy initial position if there is continued price action in the coming days ..

pnb (philippine national bank)

c: 71.50(-)
s: 70.80 

r:  71.80
vol: (-)
macd: > 0
macd histogram: > 0
macd histogram direction:(-)
rsi: 59.14(-)
sts: 46.06(-)

rem: negative price action for the past 3 days .. initiate monitoring ... 

vll (vista land and landscapes)

c: 4.80(+)

s: 4.76

r:  4.80; 4.85
vol: (+)
macd: > 0
macd histogram: < 0
macd histogram direction:(+)
rsi: 62.42(+)
sts: 50.26(-)

rem: positive price action ... options: wait and continue monitoring .. or buy initial position in the coming days .. set stops



see also:
how do i pick stocks to trade (07 sept 2012)
my trading tactics