chart monitor: SCC/SEMIRARA MINING CORPORATION (31 AUG 2017)

SCC chart as of closing of 31 AUG 2017
the chart is courtesy of COLFINANCIAL 
(click the chart to enlarge)

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (30 AUG 2017)

JFC chart as of closing of 30 AUG 2017
the chart is courtesy of COLFINANCIAL 
(click the chart to enlarge)

chart monitor: MER/MANILA ELECTRIC COMPANY (30 AUG 2017)

MER chart as of closing of 30 AUG 2017
the chart is courtesy of COLFINANCIAL 
(click the chart to enlarge)

chart monitor: ALI /AYALA LAND, INC. (28 AUG 2017)

ALI chart as of closing of 25 AUG 2017
the chart is courtesy of COLFINANCIAL 
(click the chart to enlarge)

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (27 AUG 2017)

JFC chart as of closing of 25 AUG 2017
the chart is courtesy of INSTAGRAM
(click the chart to enlarge)

chart monitor: SMPH/SM PRIME HOLDINGS, INC. (27 AUG 2017)

SMPH chart as of closing of 25 AUG 2017
the chart is courtesy of INSTAGRAM
(click the chart to enlarge)

other news

what is a buy for now?* The INDEX (28 AUG 2017)

using my three indicator set-up* (1. is the histogram below the 0 - line?; 2. is the histogram up?; and 3. is the price up?) ... i looked at the stocks composing the INDEX and checked if any of these are a BUY at this moment (28 AUG  2017) ... and here is the result ... 

                      histogram below       histogram is up?         price is up?    buy?
                      the 0 - line?                      

AC                       no                               no                        unchanged     no
AEV                     no                               yes                          no               no

AGI                      no                               yes                          no               no

ALI                       yes                             no                      unchanged       no
AP                       no                               yes                          no               no

BDO                     yes                            no                            no               no

BPI                       yes                            no                            no               no

DMC                    yes                            no                            no               no
EDC                     yes                            no                            no               no
FGEN                   yes                            no                       unchanged      no

GLO                     no                             no                        unchanged       no
GTCAP                yes                            yes                            no               no 

ICT                       no                              no                             no               no

JFC                       no                              no                            no               no

JGS                       no                             yes                          yes              no

LTG                      yes                            yes                           yes             yes
cutloss: just below 17.52

MBT                      no                             yes                          yes              no
MEG                     yes                            yes                          yes              yes
cutloss: just below 4.86
MER                     yes                            no                            yes             no

MPI                       yes                           yes                           yes             yes
cutloss: just below 6.50

PCOR                   yes                            no                            no               no

PGOLD                 no                             no                       unchanged      no

RLC                      yes                           yes                            no              no
SCC                      yes                           no                             no              no

SECB                    yes                           no                        unchanged     no 

SM                        yes                           no                            yes              no

SMC                     yes                           yes                           yes             yes

just below 99.00
SMPH                   yes                           no                       unchanged      no
TEL                       no                             no                           yes              no

URC                      no                            yes                          yes              no

*by no means are these to be taken by the reader as recommendations to buy or sell; blog contents are valid only up to the date of publication; the views found herein are subject to change without prior notice

*i used the macd indicator with the parameters (12, 26, 9)

*i used the charts of the INVESTAGRAMS website

*i am a short term trend follower and i use my three indicator set-up in my basic analysis of stocks 

stok tots: is BEL under valued or is PLC over valued? (23 AUG 2017)

is BEL under valued?

or is PLC over valued?

from time to time ... traders who are interested in BEL and PLC may look into the relative valuations of these two stocks just for reference ... since BEL owns a majority of PLC's shares (78.7% as of the 2016 Annual Report of BEL) ...

as of 23 AUG 2017 ... BEL has a market capitalization of 37.8 billion pesos ... while PLC has a market capitalization of 50.6 billion pesos ...

at current market prices ... BEL's 78.7% ownership of PLC is worth 39.8 billion pesos ...

which means BEL is worth more that its present market price ... or another way of saying it .. it is worth its PLC shares with APC and its SMPH shares and other real properties already for free ...

you see ... aside from PLC ... BEL also owns APC and SMPH shares ...

APC's market capitalization is currently 4.73 billion pesos ... with BEL's shares of 48.8% worth about 2.3 billion ...

BEL also has around 66.7 million shares of SMPH which is worth another 2.3 billion (at current SMPH's price of 34.55)

summing up all of BEL's properties ...  39.8 billion of PLC + 2.3 billion of APC and 2.3 billion of SMPH ... it is worth 44.4 billion pesos or 4.23 pesos per share ... which is currently 17.5% more than its current market price of 3.60 ...

so is BEL under valued? or is PLC over valued?

chart monitor: EW/EAST-WEST BANKING CORPORATION (22 AUG 2017)

EW chart as of closing of 22 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)

chart monitor: MER/MANILA ELECTRIC COMPANY (21 AUG 2017)

MER chart as of closing of 18 AUG 2017
the chart is courtesy of COLFINANCIAL

(click the chart to enlarge)

remarks:

if i were a short term trend follower*: SM/SM INVESTMENTS CORP (21 AUG 2017)

SM chart as of closing of 18 AUG 2017
the chart is courtesy of COLFINANCIAL

(click the chart to enlarge)

remarks:

chart monitor: H2O/PHILIPPINE H2O VENTURES CORP (20 AUG 2017)

H2O chart as of closing of 18 AUG 2017
the chart is courtesy of COLFINANCIAL

(click the chart to enlarge)

remarks:

chart monitor: SMPH/SM PRIME HOLDINGS, INC. (20 AUG 2017)

SMPH chart as of closing of 18 AUG 2017
the chart is courtesy of COLFINANCIAL

(click the chart to enlarge)

remarks:

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (19 AUG 2017)

JFC chart as of closing of 18 AUG 2017
the chart is courtesy of COLFINANCIAL

(click the chart to enlarge)

remarks:

chart monitor: LSC/LORENZO SHIPPING CORPORATION (19 AUG 2017)

LSC chart as of closing of 18 AUG 2017
the chart is courtesy of COLFINANCIAL

(click the chart to enlarge)

remarks:

if i were a short term trend follower*: AC/AYALA CORPORATION (19 AUG 2017)

AC chart as of closing of 18 AUG 2017
the chart is courtesy of COLFINANCIAL

(click the chart to enlarge)

remarks:

what is a buy for now?* The INDEX (22 AUG 2017)

using my three indicator set-up* (1. is the histogram below the 0 - line?; 2. is the histogram up?; and 3. is the price up?) ... i looked at the stocks composing the INDEX and checked if any of these are a BUY at this moment (22 AUG  2017) ... and here is the result ... 

                      histogram below       histogram is up?         price is up?    buy?
                      the 0 - line?                      

AC                       no                               no                            no               no
AEV                     yes                             no                            no               no

AGI                      yes                             yes                          no               no

ALI                       yes                             yes                          no               no
AP                        yes                            yes                          yes              yes
cutloss:  just below 30.05; just below 38.95

BDO                     no                              no                            no               no

BPI                       yes                            no                            yes              no

DMC                     yes                            no                            no               no

EDC                     no                              no                           yes               no

FGEN                   yes                            yes                       unchanged     no

GLO                     yes                            yes                          no                no
GTCAP                yes                            no                            no                no 

ICT                       yes                            yes                          yes              yes
cutloss: just below 104.50; just below just below 103.00

JFC                      no                             yes                           no                no

JGS                      yes                            no                            no                no

LTG                      yes                            no                            no                no

MBT                     no                              yes                          yes              no

MEG                     no                             no                            no                no

MER                     yes                           no                            yes               no

MPI                       yes                           yes                          unchanged   no

PCOR                   no                             no                           unchanged  no

PGOLD                 no                            yes                           no               no

RLC                      yes                           no                            no               no
SCC                      no                            no                            no                no

SECB                    no                            no                            no               no 

SM                        no                             no                           no               no

SMC                     yes                            no                           no               no

SMPH                   no                            no                            no               no

TEL                       no                            no                            no               no

URC                      no                            yes                          yes              no

*by no means are these to be taken by the reader as recommendations to buy or sell; blog contents are valid only up to the date of publication; the views found herein are subject to change without prior notice

*i used the macd indicator with the parameters (12, 26, 9)

*i used the charts of the COLFINANCIAL trading platform

*i am a short term trend follower and i use my three indicator set-up in my basic analysis of stocks 

in the news: MG/MILLENNIUM GLOBAL HOLDINGS INC

chart monitor: EW/EAST-WEST BANKING CORPORATION (17 AUG 2017)

EW chart as of closing of 17 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)

chart monitor: EW/EAST-WEST BANKING CORPORATION (16 AUG 2017)

EW chart as of closing of 16 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)

stok tots: drawdown (16 AUG 2017)

i got my ledger this morning ...

i had a 700k drawdown due to the markets losses the past few days ...

i think it is the largest loss so far in my portfolio ...

haaay ... well ganun talaga ... i did not sell any shares kasi except those due to changes in weights ng mga hawak ko ...

im still in the middle of my portfolio reshuffle ...

stok tots: JFC/JOLLIBEE FOODS CORPORATION (16 AUG 2017)

JFC has  historically been trading at between 30 - 40 x earnings ...

at 2nd Quarter eps of 1.791 ... annualized .. it is 7.164 ...

at 30 x earnings ... that would be ... 7.164 x 30 = 214.92 ...

at 35 x earnings ... that would be ... 7.164 x 35 = 250.74 ...

at 40 x earnings ... that would be ... 7.164 x 40 = 286.56

at the current price of 234 ... p/e would be ... 32.66 x .. which is still at the low end of the estimates ...

im giving JFC a p/e of 35 x ... which would mean a price of 250.74 ...

sana it would go up that level in the coming weeks😁

chart monitor: ALI /AYALA LAND, INC. (pre-market open, 16 AUG 2017)

ALI chart as of closing of 15 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (15 AUG 2017)

JFC chart as of closing of 15 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)

chart monitor: JFC/JOLLIBEE FOODS CORPORATION (14 AUG 2017)

JFC chart as of closing of 14 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)

dates to remember

what i watched today: How Billionaire Charlie Munger Invests His Money - Billionaire Investing Strategies (14 AUG 2017)

https://www.youtube.com/watch?v=GwTi889RsoE

what is a buy for now?* The INDEX (14 AUG 2017)

using my three indicator set-up* (1. is the histogram below the 0 - line?; 2. is the histogram up?; and 3. is the price up?) ... i looked at the stocks composing the INDEX and checked if any of these are a BUY at this moment (14 AUG  2017) ... and here is the result ... 

                      histogram below       histogram is up?         price is up?    buy?
                      the 0 - line?                      

SECB                    no                           yes                          yes                no 
URC                      yes                         yes                          yes                yes
cutloss: just below 135.20
TEL                       no                           yes                          yes                no
RLC                       yes                          yes                         yes               yes
cutloss: just below 23.75
AP                         yes                          yes                         yes                yes
cutloss: just below 38.95
SM                        no                            yes                          yes               no
JGS                       yes                           no                          yes               no
ICT                        yes                           yes                         yes               yes
cutloss: 1. just below 103 ... 2. just below 102
PGOLD                 yes                            no                          yes               no
FGEN                    no                             no                          yes               no
MER                      yes                            no                     unchanged        no
SMC                      no                             yes                    unchanged        no
SCC                       yes                           no                            no               no
EDC                       no                              no                           no               no
PCOR                    no                              no                           no               no
JFC                        yes                            no                           no               no
LTG                        yes                            no                           no               no
DMC                      yes                            no                            no               no
AC                         no                              no                            no               no
GLO                      yes                             no                            no               no
MPI                       yes                             no                            no               no
AGI                       yes                             no                            no               no
MEG                     yes                             no                            no               no
BDO                     no                               no                            no               no
MBT                     yes                              no                            no               no
GTCAP                yes                              no                            no               no 
BPI                       yes                              no                            no               no
ALI                       yes                              no                            no               no
AEV                     yes                              no                            no               no
SMPH                  yes                              no                            no               no

*by no means are these to be taken by the reader as recommendations to buy or sell; blog contents are valid only up to the date of publication; the views found herein are subject to change without prior notice

*i used the macd indicator with the parameters (12, 26, 9)

*i used the charts of the COLFINANCIAL trading platform

*i am a short term trend follower and i use my three indicator set-up in my basic analysis of stocks