Wednesday, October 22, 2014

stok tots: CMT/PGMC (22 oct 2014)

back of the bus ticket computation:

pgmc net income (jan-aug 2014): 3.976 billion pesos
cmt no. of shares: 7B shares
pgmc subscription of cmt shares: 10.5 B shares

assume 2014 pgmc net income: 6B pesos?
total no. of cmt shares: 7B + 10.5 B shares = 17.5B shares
assume 2014 cmt/pgmc eps: 6B pesos/17.5B  shares
= eps: 34.3 centavos

SECB/SECURITY BANK CORPORATION (22 oct 2014)


secb chart as of 12.00 noon, 22 oct 2014
(click on the chart to enlarge)

remarks: 

Tuesday, October 14, 2014

stok tots: SSI/SSI Group, Inc. (14 oct 2014)

SSI will be listing its shares in the PSE thru an IPO this november 2014 ... some figures:

net income 1H2014: 486 million pesos
total no. of shares to be listed: 3.313 billion shares
quick calculation eps: 972 m pesos (=486 x 2)/3.313 billion shares: 29 centavos per share
assume IPO price @7.50
2014 p/e: 7.50/,29 = 25.56 x


Sunday, October 12, 2014

PHISIX/Philippine Stock Exchange Index (12 oct 2014)


phisix chart as of 10 oct 2014 
(click on the chart to enlarge)

remarks: 

what i read today: Do You Want to Be Right or Rich? (12 oct 2014)

Try not to be a bull or a bear but an opportunist. The opportunity seeker is influenced by the same endless opinions that dominate the news, yet he doesn’t allow himself into an inflexible point of view. He explores various scenarios and designs low risk trades to exploit the possible outcomes. He focuses on things he can control.

In the end, making money is a different game than being right or wrong. I know a lot of smart guys who were right about a market’s outcome but still went broke because they were inflexible. In short, they got too invested in being right and lost focus of the real goal, which is to make money.

- Viewpoints of a Commodity Trader: Do You Want to Be Right or Rich?

JGS/JG SUMMIT HOLDINGS, INC. (12 oct 2014)


jgs chart as of 10 oct 2014 
(click on the chart to enlarge)

remarks: 

when do i sell: updated (12 oct 2014)

i sell when

1. my trailing stop is hit (trailing stop is when the price is already above my entry price)

2. my cutloss price is hit (cutloss price is when the price goes down after i just entered a trade)

3. i have no cash and a speculative buy opportunity presents itself ...


links:   when do i buy?


when do i buy?: updated (12 oct 2014)

ive been reading my trading rules recently (my trading rules) ... thinking of simplifying it more ... and i think im ready to do it now ...

START TO THINK of buying when ...

1. the macd histogram (daily chart)  is below 0 and has just changed direction (from pointing down to pointing up)

2. when the sts (daily chart) is oversold (sts < 20) and has just changed direction (from pointing down to pointing up)

3. when a speculative buy opportunity presents itself


links:  when do i sell?

URC/UNIVERSAL ROBINA CORPORATION (10 oct 2014)


urc chart as of 10 oct 2014 
(click on the chart to enlarge)

remarks: 

Thursday, October 2, 2014

 "To gain territory is no cause for joy, and to lose territory is no cause for sorrow."

- Mao Zedong: "Basic Tactics" (1937)