Thursday, September 24, 2015

what i read today: The Difference Between a Trading Set-Up and a Market Prediction (24 sept 2015)

http://trader-moe.com/trading-setup-vs-market-prediction/

stok tots: on buying stocks, stock prices and "gurus" (24 sept 2015)

stok tots ...

on buying stoks ...

why do people buy stoks?

people buy stoks on the expectation that other people will buy stocks at higher prices .. so that upon reaching higher stock prices ... stocks will be promptly sold thereby gaining trading profits

why do stock prices move up?

when people buy stocks at higher prices on the thought that other people will buy stocks at even higher prices ... and that there are sellers willing to sell at higher prices

reasons like: a company has good fundamentals ... that there is good news to be disclosed ... the stock is undervalued ... these have no actual bearing on why stock prices move up ... everything is really hinged on peoples sentiments and expectations ...

"gurus" ...

"pretend gurus" should be seen for what they really are ...mga manloloko ... who foretell stock price movements as if they really know what they are talking about ... but thats ok ... we know naman that there are snakes in every jungle ...

... just that i have no respect for people who really think there really is "something" to predict (altho this "hula" may turn out to be right later on)  ... when these are simply hula based on pseudo scientific voodoo mumbo jumbo ...

but there are "gurus" who really believe in what they are telling their "followers" .. well they are manlolokos who do not know that they are manloloko ..  they are simply fools

how to explain that there really are people who make money in trading (and one does not even need to be right in every trade .. just be net positive overall) ?  ... the reason is they have the long term odds on their side and malakas ang loob nila to actually make bets by trading .. and these also include "gurus" (the pretend variety and the foolish ones)

Sunday, September 20, 2015

legacy's 52-week highs (20 sept 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 closes 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, 18 september 2015 ....

Sunday, September 13, 2015

quick stats: 1H 2015 RRHI/ROBINSONS RETAIL HOLDINGS, INC (13 sept 2015)

outstanding shares: 1,385,000,000 (par value: 1 peso)

unappropriated retained earnings: 3,603,379,735

revenues 1H 2015: 41,353,989,592 pesos
revenues 1H 2014: 36,979,383,461 pesos
% change: 11.83%

net income attributable to equity holders 1H 2015: 1,863,322,262 pesos
net income attributable to equity holders 1H 2014: 1,367,829,495 pesos
% change: 36.22%

earnings per share (1H 2015): 1.35 pesos
earnings per share (annualised): 2.70 pesos
last closing price (11 sept 2015): 67.35 pesos
price-earnings ratio @67.35 pesos (annualised): 24.94 x

source of data: Financial Report  1st Half 2015