Sunday, December 20, 2015

stok q/a: FJP/F & J Prince Holdings Corporation (20 dec 2015)

a reader of finance manila asked me a question yesterday ...


Sir shoyu, what is your strategy? Are you strict in following macd crossover, sts buy signals? Or just try to buy near supports ( which is 5 )?


my reply:


hi lovelace ... 

i advocate the macd crosover and sts buy signals ... for the others ..

pero actually i use a modified form of the macd/sts choochoo ...

having said that ... for fjp this instance ... ang gagawin ko lang e buy as near as 5 as possible ... bakit? 5 seems to be the support as of the moment (hindi na sya original breakout situation unlike nung august) ... pero buy pa den even if umabot ng 6 (im praying na tataasan nya 7,70 next round nya ... )

if nothing comes out of this .. sell ako 4.50 (and still come out with a profit .. as i still have some fjps bought at 3-3.50 levels) .. 

good luck!

Thursday, December 3, 2015

stok tots: LFM/Liberty Flour Mills (03 dec 2015)

lfm went up 26.87% today ... AFTER the ex-date of the 71.4286% stock divided! wtf? at the closing price of 34.00 ... p/e is now 35.43 (annulisaed 2015) ..

wrong move for me ... i sold a majority of my shares yesterday at 44 - 46






Sunday, November 22, 2015

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

Saturday, November 21, 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 ....

Friday, November 13, 2015

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 ..




Thursday, November 12, 2015

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

Monday, November 9, 2015

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

Sunday, November 8, 2015

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

Thursday, November 5, 2015

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.


Wednesday, November 4, 2015

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)


Friday, October 30, 2015

legacy's 52-week highs this friday (30 oct 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, 30 october 2015 ....

Tuesday, October 27, 2015

the results: if u bet on last friday's 52-week high friday rule (27 oct 2015)

ive been making 52-week high friday posts for quite sometime now ... but i have not written anything on the results of the 52-week high friday trades .. mght as well start today ... ill post the results of the 52-week high friday bets made on the previous friday .. (for the 52-week high friday rule ... click this link: "Secrets of the 52 Week High Friday Rule"

friday 23 oct 2015 52-week highs 

1. MER/MANILA ELECTRIC COMPANY.

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

2. MIC/MINERALES INDUSTRIAS CORP.

friday close: 8.80
monday open: 8.81
tuesday open: 8.89 (successful bet)

3. PRMX/PRIMEX CORPORATION

friday close: 8.66
monday open: 8.64 (sell at the open: lower than friday's close)
tuesday open: (failed bet)

4. SMPH/SM PRIME HOLDINGS, INC.

friday close: 22.50
monday open: 22.80
tuesday open: 22.20 (failed bet)

results: 1 (success) vs. 3 (failures)

*results do not yet include commissions, etc

Sunday, October 25, 2015

chart monitor: MIC/MINERALES INDUSTRIAS CORP. (25 oct 2015)



mic chart as of 23 oct 2015 
(click on the chart to enlarge)

remarks: 

stok notes: pse stocks with market capitalization of < 1 billion pesos (25 oct 2015)

yesterday, i was going over my stock notes and surfing the net for trading ideas from stock market forums, facebook groups and trading blogs, when it occurred to me that i dont have a quick-reference list of philippine stocks with below 1 billion pesos market capitalization. why do i need this kind of list in my trading? hehe .. well ..  because ... i need a list of  stocks with below 1 billion pesos market capitalization! .. hehe ...

honestly ... i need the list as these stocks are small caps with either limited liquidity, penny prices, and small or virtually non-existent businesses that are takeover and backdoor candidates with ceiling play possibilities ... some of my most profitable trades in the past came from this group of stocks  ...

so just for my reference (i may have missed one or two of them) .. here is my quick reference list of stocks with market caps of below 1 billion pesos with their corresponding market caps as of 23 oct 2015:

acesite hotels (ACE) 386 m
ag finance (AGF) 741 m
abra mining corporation (AR) 933 m
bh holdings (BH) 300 m
boulevard holdings inc. (BHI) 672 m
basic energy corporation (BSC) 514 m
bogo medellin milling comany (BMM) 296 m
city state savings bank (CSB) 728m
dizon copper-silver mines (DIZ) 673 m
easycall communication philippines (ECP) 450 m
ip e-game ventures (EG) 330 m
ever-gotesco resources and holdings (EVER) 810 m
first abacus financial holdings (FAF) 776 m
filipino fund inc (FFI) 386 m
forum pacific inc (FPI) 460 m
philippine h20 ventures corp (H20) 730 m
jackstones inc (JAS) 377 m
keppel philippine holdngs (KPH) 459 m
keppel philippine holdngs B (KPHB) 108 m
lodestar investment holdings (LIHC) 651 m
lmg chemicals corporation (LMG)  412 m
lorenzo shipping corporation (LSC) 699 m
medco holdings inc (MED) 420 m
millenium global holdings (MG) 640 m
mabuhay holdings corp (MHC) 660 m
mrc allied inc (MRC) 792 m
omico corporation (OM) 704 m
philippine estates corp (PHES) 434 m
prime media holdings corp (PRIM) 895 m
swift foods inc (SFI) 318 m
soc resources inc (SOC) 758 m
seafront resources corp (SPM) 482 m
trans asia petroleum corp (TAPET) 573 m
trans pacific broadband group (TBGI) 335 m
ptfc redelopment corp (TFC) 669 m
harbor star shipping services (TUGS) 738 m
unioil resources and holdings company (UNI) 540 m
wellex industries inc (WIN) 753 m
waterfront philippines inc (WPI) 925 m



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!

send your comments/inquiries via email to: shingen_takeda00@yahoo.com

click here for my trading rules













Saturday, October 24, 2015

today's rant: 24 oct 2015

there is a saying ...

those who can ... do ..
those who cant ... teach ..
whats worse ... they write books ...

another saying ...

in the land of the blind ...
the one-eyed is king ..
and it is artificial!




chart monitor: JFC/JOLLIBEE FOODS CORPORATION (24 oct 2015)


jfc chart as of 23 oct 2015 
(click on the chart to enlarge)

remarks: 

Friday, October 23, 2015

legacy's 52-week highs (23 oct 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, 23 october 2015 ....

chart monitor: FJP/F & J Prince Holdings Corporation (23 oct 2015)



fjp chart as of 22 oct 2015 
(click on the chart to enlarge)

remarks: 

Tuesday, October 20, 2015

stok tots: possible VLL-STR merger? (20 oct 2015)

villar is thinking of merging vista land with starmalls ... will there be possible price action on these stocks based on this news?


quick stats: 

STARMALLS
outsstanding shares: 8.426 billion shares
market cap: 68.9 billion pesos
last price.: 8.18 pesos

assets:30.5 billion pesos
liabilities: 9.35 billion pesos
equity: 21.19 billion pesos
retained earnings: 13.08 billion pesos

book value: 2.32 pesos
eps (annualised): .08
p/e: 100 x (???)


VISTA LAND AND LIFESCAPES
outsstanding shares: 8.395 billion shares
market cap: 45.83 billion pesos
last price.: 5.46 pesos

assets:118.8 billion pesos
liabilities: 62.5 billion pesos
equity: 56.2 billion pesos
retained earnings:28.3 billion pesos

book value: 6.61 pesos
eps (annualised): .74
p/e: 7.38 x

source of data: PSE website


between vll and starmall ... str is obviously more expensive  .. possibly str's present price already reflects insiders' knowledge of the possible merger and they are saying ... vll will buy str ... and vll will be the surviving entity .. or vll will buy str's assets and make str a shell to be sold ... i dont know ... will watch what happens next 

i dont have vll nor str presently 

  

Saturday, October 17, 2015

legacy's 52-week highs (17 oct 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, 16 october 2015 ....

Friday, October 16, 2015

notes: Pointwest IPO (16 oct 2015)

Point West registered a net income of P120.9 million in the first half, an increase of 101 percent from P54.88 million recorded in the same period a year ago while net revenues rose 22.8 percent to P798.82 millionfrom P650.5 million.
http://manilastandardtoday.com/business/188603/2-firms-plan-ipo-in-december.html


Pointwest is targeting to offer the shares on November 26 to December 3 and officially list them at the stock exchange on December 11. The final price for the offer will be set on November 23.
The joint issue managers, joint lead underwriters and bookrunners tapped for the deal are SB Capital Corp. and Maybank ATR Kim Eng, while the financial adviser is Evercore.
Read more at http://www.mb.com.ph/p4-5-billion-ipos-filed-with-sec/#eqEUs0MRvsa1S70y.99




Friday, October 9, 2015

legacy's 52-week highs (09 oct 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, 09 october 2015 ....

Thursday, October 8, 2015

stok tots: genius! bobo! (08 oct 2015)

ive been trading for 25 years now (this year) .. winning some trades .. and losing the rest  ... pero only today .. i got to know from one guru in a curated stock market platform (potaaahhhh  .. naglipana na ngayon ang mga hinayupak na guru na yan) ... that there is a safe stock pala! and safe for newbies pa! king ina yan ... bobo ko all these years!

Saturday, October 3, 2015

stok notes: MPI/METRO Pacific Investments Corp. (03 oct 2015)

from: MPIC considers listing hospital business after elections

Metro Pacific Hospital Holdings, Inc. (MPHHI)

MPIC’s partner, Singapore wealth fund GIC through its affiliates, invested P3.7 billion to take a 14.4% stake MPHHI. GIC can increase its holdings by an additional 25.5% stake if it decides to convert into equity some P6.5 billion worth of exchangeable bonds.

that gives MPHHI a market value of around 25.5 billion pesos ... plus or minus 200 million ...

The hospitals under MPIC’s health care group are Central Luzon Doctors’ Hospital in Tarlac; Davao Doctors Hospital; De Los Santos Medical Center in Quezon City; Makati Medical Center; Cardinal Santos Medical Center in San Juan City; Riverside Medical Center in Bacolod City; Our Lady of Lourdes Hospital in Sta. Mesa, Manila; Asian Hospital & Medical Center in Alabang in Muntinlupa City; and West Metro Medical Center in Zamboanga.

The healthcare group of MPIC plans to acquire about a dozen hospitals until 2019 in its effort to expand its reach beyond the capital.


from: MetroPac’s hospital unit eyes IPO in 2016

The conglomerate targets to expand this to 5,000 hospital beds over the next couple of years through acquisition and expansion of existing hospital facilities, with an annual net income of P1.5 billion.

Thursday, October 1, 2015

stok tots: backdoors, rumours of backdoors, recent market movers (01 oct 2015)

in the midst of the current malaise and uncertainty in the local stock market, there are remarkable issues which have already given good returns to the brave ones venturing to trade ... id just like to put them on paper here for my cheat sheet  ...

1. yehey - On July 7, 2015, Vantage Equities, Inc. entered into a Share Purchase Agreement where an aggregate of One Hundred Eighty Six Million One Hundred Twenty One Thousand Seven Hundred Seventy One (186,121,771) common shares of the Company was sold to a group of buyers represented by Mr. Alfonso Yap Go, acting for himself and as attorney-in-fact of his co-buyers, for a consideration set provisionally at One Peso and Fifty Six Centavos (Php1.56) per share or a total consideration of about Two Hundred Ninety Million (Php290,000,000.00), subject to certain adjustments on or before the agreed closing date.

A Tender Offer from September 8 to October 6 was set for Ninety One Million Eight Hundred Seventy Eight Thousand Two Hundred Twenty Nine (91,878,229) shares @1.56 per share


Nothing yet on the plans of the new management for yehey ...


yehey reached 4.15 intraday  .. closing @3.56 


2. ionics - On September 4, it was disclosed that Ionics EMS, Inc., a subsidiary of the Company, is working with IBM as a key design partner to launch the IBM IoT Platform to enable organizations across industries to improve engagement with clients, accelerate technology innovation and enhance business operations...


since the disclosure ... ion shares surged from .485 to the recent intraday high of 4.18 .. now @3.53


a rumour on a possible agreement with the company leo novus was promptly denied by ion ...


3. lib - there was recent news that lib will have a possible joint venture with telstra .. it reached a high of 5 pesos intraday today ... closed unchanged @4.20


4. davin - rumours of davin being a possible backdoor target for lucio co's pharmaceutical business preceded the price action which woke up davin from its 1.20 sleep to a recent 52-week intraday high of 2.64 ... its presently doing 1.92  ...


5. med - did not find anything concrete that could have driven med from the .40s  to an iintraday high of .88 .. doing currently at .65 








Tuesday, September 29, 2015

stok tots: on CPM/Century Peak Metals Holdngs Corp. (29 sept 2015)

over the weekend .. a member of the finance manila forum sent me a private message asking about my tots on cpm .. (century peak metals) ...

its more than a day already since i sent him my reply so i guess its ok to share this na with you ...

---------------------------------------------------------------------------------------------------------------------------------

hi XXX ...

2nd Q of cpm is better than 1st Q 2015 .. but overall .. 1H 2015 for cpm is still a loss ... revenue is down 90% .. income is down 170% ...

the income for 2Q is not even from its nickel production .. it came from other income ... the group’s other income pertains to Incentives generated from sale of nickel ore and sale of certain type of vehicles by a Subsidiary (it only made one shipment for the semester)

nickel prices and cpm's production should improve for the 2nd sem if anything fundamental is expected to happen to improve its income ..

i wont be buying cpm if id be using its 1H 2015 fundamentals

technically .. cpm's price is up 25% from about 1 month ago .. and macd and sts are up ...

if ever im thinking of buying cpm at the moment .. id buy it based on technicals ...

but it is really a speculative buy ...

id buy small first .. using 1/4 or 1/3 of my budget for cpm ... set my cut loss .. and add only if cpm continues to go up .. until ive used up my budget for cpm ...

resistance is @77 ... so id be buying cpm if it breaches 77 and closes above it ... i wont be buying at 75 since it may not break 77 and thus start going down .. but id buy if 77 is broken and cpm closes above it ..

AGAIN ... this is a speculative buy since there are no fundamentals to speak of at the moment .. unless 3Q is so beautiful ...

but personally ... i wont be touching cpm

good luck ..