SOLD! (25 NOV 2016)

i sold 1/3 of my FDC this week ....

have to raise funds for the shakey's IPO ....

chart monitor: PPC/PRYCE CORPORATION (25 NOV 2016)

PPC chart as of 24 NOV 2016 

(click on the chart to enlarge)

remarks:

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (22 NOV 2016)

JFC chart as of 22 NOV 2016 

(click on the chart to enlarge)

remarks: 

stok tots: shakey's is a BUY! (19 NOV 2016)

on 15 december 2016, shakey's will be listing in the stock exchange ... a total of 352 million shares will be offered at an offer price of 15.58 pesos. is it cheap? is it a buy?

lets see ... using just the p/e (price-earnings ratio: wala naman akong ibang alam .. p/e lang talaga ginagamit ko for quick valuation) ...

a total of 1,531,321,053 shares will be listed ...

shakey's earned 591,137,350 on the 1st half of 2016 ...

annualizing the earnings ... it becomes 1,182,274,600 for 2016 ...

so ... estimating the earnings per share for 2016 ... 1,182,274,600 divided by 1,531,321,053 ,,,

it is 77 centavos per share ...

at 15.58 pesos .... the price earnings ratio is ... 20.18

comparing it with other listed food companies ... jfc at 209 pesos has a p/e of 39.09 .. max's at 26.90 has a p/e of 41.17 ...

clearly a p/e of 20.18 is cheaper than 39.09 or 41.17 ...

therefore ... im a buyer of shakey's .. altho im not sure if ill be given an allocation by my broker ... but ill definitely be buying on the first day!


*i may be wrong in my computations or in the figures used ... so i suggest to blog readers to read the original documents and make their own computations for confirmation .. thank you ..

for more philippine stock market views and information please check:

FINANCE MANILA

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!

click here for an explanation of the indicators ...  

click here for my trading rules

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 are enough for the purpose.

chart monitor: PCOMP/Composite Index (19 NOV 2016)

PCOMP chart as of 18 NOV 2016 

(click on the chart to enlarge)

remarks: 

chart monitor: BEL/BELLE CORPORATION (18 NOV 2016)

BEL chart as of 18 NOV 2016 

(click on the chart to enlarge)

remarks:

chart monitor: PPC/PRYCE CORPORATION (18 NOV 2016)

PPC chart as of 18 NOV 2016 

(click on the chart to enlarge)

remarks:

SOLD! (18 NOV 2016)

sold:

all BDO

half of PPC

nothing wrong wth them .... i just need to raise funds for new acquisitions

chart monitor: PHEN/PHINMA ENERGY CORPORATION (14 NOV 2016)

PHEN chart as of 14 NOV 2016 

(click on the chart to enlarge)

as requested: 

remarks:

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (14 NOV 2016)

JFC chart as of 14 NOV 2016 

(click on the chart to enlarge)

remarks: 

chart monitor: PCOMP/Composite Index (13 NOV 2016)

PCOMP chart as of 11 NOV 2016 

(click on the chart to enlarge)

remarks: 

stok tots: wala muna charting (11 NOV 2016)

seems wala na muna ko charts for the coming days ... or maybe for the next 6 years ...

stok tots: on JFC (05 NOV 2016)

im quite surprised by the number of hits of my posts on JFC recently ...

seems madami pa den interesado sa JFC ...

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (04 NOV 2016)

JFC chart as of 04 NOV 2016 

(click on the chart to enlarge)

remarks: 

chart monitor: GTCAP/GT CAPITAL HOLDINGS, INC. (04 NOV 2016)

GTCAP chart as of 04 NOV 2016 

(click on the chart to enlarge)

remarks: 

what i read today: The 5 Greatest Traders of All Time (02 NOV 2016)

http://www.newtraderu.com/2016/11/01/5-greatest-traders-time/

chart monitor: 2GO/2GO GROUP, INC. (01 NOV 2016)

2GO chart as of 28 OCT 2016 

(click on the chart to enlarge)

remarks: