what i read today: What does keep it simple in trading actually means? (30 nov 2015)

http://www.tradeciety.com/keep-it-simple-in-trading/

chart monitor: MIC/MINERALES INDUSTRIAS CORP. (29 nov 2015)

 

mic chart as of 27 nov 2015 

(click on the chart to enlarge)

remarks: 

chart monitor: FJP/F & J Prince Holdings Corporation (29 nov 2015)

 

fjp chart as of 27 nov 2015 

(click on the chart to enlarge)

remarks: 

quick stats: 9M 2015: FJP/F & J Prince Holdings Corporation (22 nov 2015)

outstanding shares (a and b shares): 481,827,653 

retained earnings: 1,180,053,172 pesos

equity attributable to equity holders of the parent company: 1,690,747,046 pesos
equity per share (net of treasuries): 4.39 pesos

revenues 9M 2015: 112,033,584 pesos

revenues 9M 2014: 81,184,823 pesos

% change: 37.998%

net income attributable to equity holders 9M 2015: 80,009,459 pesos

net income attributable to equity holders 9M 2014: 53,478,641 pesos

% change: 49.61%

earnings per share (9M 2015 diluted): .2076 pesos

earnings per share (annualised): .2768 pesos
last closing price (22 nov 2015): 5.60 pesos
price-earnings ratio @5.60 pesos (annualised): 20.23 x

source of data: Financial Report  3rd Quarter 2015

what i listened to today: Jerry Parker: How to survive markets for the rest of your life (21 nov 2015)

https://soundcloud.com/stocktwits/jerry-parker-podcast

legacy's 52-week highs this friday (21 nov 2015)

legacy (leg for short) ... finance manila (FM) occasional poster and desert storm (DS) chatroom member daily shares stock tidbits in DS's chatroom ... among those bits of info are the stocks in the Philippine Stock Exchange (PSE) with the highest and lowest closing for the past 52-weeks ... with his permission .. id like to post here the stocks on their 52-week highs based on their closing prices as of FRIDAY, 20 november 2015 ....

chart monitor: FJP/F & J Prince Holdings Corporation (19 nov 2015)

fjp chart as of 17 nov 2015 

(click on the chart to enlarge)

remarks: 

what i listened to today: EP 047: The hustle ‘n grind – beyond the big money, fast cars and exotic trips w/ @TimothySykes (19 nov 2015)

click the link:   http://chatwithtraders.com/ep-047-timothy-sykes/

chart monitor: MIC/MINERALES INDUSTRIAS CORP. (17 nov 2015)

mic chart as of 17 nov 2015 

(click on the chart to enlarge)

remarks: 

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (15 nov 2015)

jfc chart as of 13 nov 2015 

(click on the chart to enlarge)

remarks: 

what i read today: ONLY FOOLS AND CHARLATANS… (14 nov 2015)

http://www.thecrosshairstrader.com/2015/11/only-fools-and-charlatans/

what i read today: The only 3 things that can happen after you enter a trade and what you should do (14 nov 2015)

http://www.tradeciety.com/what-to-do-after-enter-a-trade/

stok tots: meron ba senyo na bibili sa mga darating na IPO? (13 nov 2015)

sa darating na mga linggo ay sunod sunod na IPO ang makakaharap nating mga traders at investors ... 7 yun nasa listahan ko na meron na IPO dates .. bibili ba kayo? meron ako ilan na nakikitang mukhang ok pero hindi pa ako nakatitiyak kung sa IPO ako bibili o dun na mismo sa market .. wala katiyakan kasi wala pa ako trading plan (hahaha .. kahit na naniniwala ako sa trading plan .. wala pa ako ni isang trading plan na naisulat na .. nasa isip ko lang lahat ..ahehehe)

balak ko isa isang kilatisin yun mga prospectus ... pero di naman ako analyst talaga kaya malamang maikli at superficial analysis lang magagawa ko .. tingnan natin kung meron ako matapos ni isa .. pero tiyak meron ako maisusulat .. yun nga lang .. baka hindi ko maipost dito sa blog .. malamang for my eyes only lang .. anyways .. yep .. tingnan na lang natin ..

chart monitor: SSI/SSI Group, Inc. (12 nov 2015)

ssi chart as of 12 nov 2015 

(click on the chart to enlarge)

                     ....

remarks: 

quick stats: 9M 2015: LR/LEISURE & RESORTS WORLD CORP. (12 nov 2015)

outstanding shares: 1,199,852,512 

retained earnings: 1,718,914,177 pesos

equity attributable to equity holders of the parent company: 5,578,283,695 pesos
equity per share: 4.65 pesos

revenues 9M 2015: 6,583,283,844 pesos

revenues 9M 2014: 4,545,507,374 pesos

% change: 44.83%

net income attributable to equity holders 9M 2015: 800,554,162 pesos

net income attributable to equity holders 9M 2014: 528,157,388 pesos

% change: 51.58%

earnings per share (9M 2015 diluted): .54 pesos

earnings per share (annualised): .72 pesos
last closing price (12 nov 2015): 8.96 pesos
price-earnings ratio @8.96 pesos (annualised): 12.44 x

source of data: Financial Report  3rd Quarter 2015

what i read today: Market Wizard Linda Raschke Trading Principles (10 nov 2015)

http://www.newtraderu.com/2015/11/09/market-wizard-linda-raschke-trading-principles/

chart monitor: RPL/iRIPPLE, Inc (09 nov 2015)

rpl chart as of 09 nov 2015 

(click on the chart to enlarge)

remarks: 

sorry guys .. im erasing the contents of this post .. tnx

question and answer: MIC/MINERALES INDUSTRIAS CORP. (09 nov 2015)

i received this queston just a while ago ... yes .. im also shoyu_ramen of finance manila .. ;)

hi shoyu... it's me again. what do you think of MIC? are you still holding?do you have any TP since this stock has no more resistance?di ba, just let profits run is the best strategy here?thanks in advance!

 my reply:

i still have mic .. i bought it several breakouts ago ... i have no tp as always .. well if ur a trend follower .. u just follow .. so u sell when ur stops are hit .. yep .. let profits run ..but another option is to sell half of ur position if u want to protect profits na or there is another stock u want to fund .. still ur call (im not that strict on myself in following my rules) ..

stok notes: FJP/F & J Prince Holdings Corporation (09 nov 2015)

i was trying to work out my working valuation of FJP using the IPO price of its affiliate pointwest technologes (POINT) as my benchmark and here was what i came up with using POINT @ IPO p/e and @ 1/2 IPO p/e ...

fjp a and b shares: fjp-a: 292,610,118 and fjp-b: 189,217,535
market cap of both a and b shares @ 6 nov. prices: 2.086 billion pesos
fjp owns 30% of pointwest tech @1.00 par: 412.5 million pesos

fjp market cap minus pointwest shares = 1.6735 billion pesos
fjp market cap plus pointwest shares @IPO price of 4.35 = 1.6735 b + 1.7944 b = 3467.9 b

fjp price per share @ pointwest price of 4.35 = 3467.9 b / 481.8 = 7.1978 (hypothetical price)

assume pointwest @ 1/2 IPO p/e :
fjp price per share = 1,6735 billion pesos + 900 m = 2.5735 billion pesos / 481.8 = 5.34

what i watched today: On Trailing Stops (08 nov 2015)

i use trailing stops to manage my exits ... if ur looking for trailing stop videos .. u can start with these if u want ... see what u can take from them .. 

https://www.youtube.com/results?search_query=trailing+stops

what i watched today: Q&A With The Newest Millionaire Trader, TriForce Trader Matt Owens (07 nov 2015)

https://www.youtube.com/watch?v=8qesctueAV0


good stuff .. specially starting minute 12 ...

what i read today: Why Successful Traders Choose Simplicity Over Complexity (07 nov 2015)

http://www.seeitmarket.com/why-successful-traders-choose-simplicity-over-complexity-investing-14946/

chart monitor: MIC/MINERALES INDUSTRIAS CORP. (05 nov 2015)

mic chart as of 05 nov 2015 

(click on the chart to enlarge)

remarks: 

Who is this site not for (05 nov 2015)

i was surfing the other day when i happened to read an old post in the trendfollowing website ... and i tot ... this best reflects also what my blog is all about ... so readers ... be warned:

Who is this site not for:

1. Day traders.
2. Those expecting to predict tomorrow.
3. Those expecting overnight riches.

http://www.trendfollowing.com/start/

the results: if u bet on last friday's 52-week high friday rule (04 nov 2015)

friday 30 oct 2015 52-week highs 


1. ABS/ABS-CBN CORPORATION 

friday close: 65.60
monday open: 65.60
tuesday open: 66.35 (successful bet)

2. MIC/MINERALES INDUSTRIAS CORP.

friday close: 9.44
monday open: 9.55
tuesday open: 9.55 (successful bet)

results: 2 (successes) vs. 0 (failures)
*results do not yet include commissions, etc


-------------------------------------------------------------------------------------
erratum:

in last "results" : friday 23 oct 2015 52-week highs 

1. MER/MANILA ELECTRIC COMPANY.

friday close: 320
monday open: 320
tuesday open: 313 (failed bet)

what i read today: Why do candlestick patterns work? Start reading crowd behavior like a pro (01 nov 2015)

http://www.tradeciety.com/trading-tips-candlestick-patterns/