Changes coming soon!

As one saying goes "The only thing permanent is change", I am now planning some changes to my blog. It will no longer be specific to stocks alone but to other possible investment opportunities. I will be sharing my insights in building a solid financial foundation as i have learned from various seminars and friends. With this, i am changing the title of my blog and also the link soon. :)

DOWn Jones

As of writing, the DJIA is -209pts due to Euro concerns and unexpected rise in U.S. jobless claims. Will the U.S. economy crash again? I hope not, but if that happens, it would be great for us long term investors! :)

Just read my last post regarding some mining stocks and "IN" pa din sila. (PX, MA, LC now AT)

PD: -1.01% YTD

Go Green

Finally, a new all time high :) I now officially have a green portfolio for 2011 coming from a -17% performance months ago. Thanks to LC, hopefully this will bring us lots of earnings for this year. I read and heard a lot of comments regarding the voluntary trading halt for PX-MA-LC. They were saying that this would result to a la PLDT-DGTL deal since MVP's hands are all over the place. Also, a lot were still not able to move on with the recent SMC whatever :) But of course, one would only need to know the story behind it to know that it is actually good news for all the companies involved in the deal, thankfully it did not result to "sell on news". I think LC has a long way to go especially with GF (Goldfields) and PX's prospect into it.

Foreigns were net sellers today by 320M and they sold the following:
BPI 39M, MBT 32M, PNB 52M, AP 32M, EDC 73M, AC 20M, MEG 31M

But they bought the following:
SECB 18M, MWC 19M, SMC 17M, URC 45M, JGS 72M, CEB 27M

Today's BizNews:

• Global private equity firm CVC Capital buying 15% stake in RCBC
• SMC nets P7.14b in Q1, up by 146% year on year
• Ayala corp topped Financeasia's list of Best company in PH in CSR
•  Manila Water best mid-cap
•  Best CEO Erramon Aboitiz
•  Best CFO Iker Aboitiz
• PLDT topped Financeasia's survey of "best managed" Philippine companies, also #1 in corporate governance, investor relations,dividend policy
• URC sees international business growing as large as PH business by 2014
• Robinsons Land putting up 2 new office buildings in Ortigas CBD
• Asian stocks tumble after Wall Street sell-off
• Petron declares dividends
• ICTSI records profit hike
• ABS-CBN Q1 profits down 10%

*BizNews c/o PDI, Bworldonline, Philstar

PSEi Daily: -0.53%
   Mining :  3.5%
 Services : -1.62%

Portfolio Daily Performance: 2.79%
Bought and sold some LC

My Portfolio(core):
EDC: 8.18%
LC: 29.55%
MPI: 2.5%

YTD Performance: 0.9662%
2011 Low: -17.2%

2010 Performance: 49.09%

Quick Update

Foreigns were net sellers today by 560M and they sold the following:
BPI 48M, MBT 39M, EDC 22M, FGEN 30M, SMC 484M, DMC 43M, MPI 41M, LCB 28M, SCC 20M

But they bought the following:
URC 81M, JGS 23M, TEL 152M, ICT 27M,

PSEi Daily: 1.08%

Portfolio Daily Performance: -1.25%
No transactions today (Was not able to check -_- )
Yesterday no transactions
Last friday, sold all MBT @ 66.95 +7.02% and
sold most of EDC @ 6.71

My Portfolio(core):
EDC: 9%
LC: 24.39%
MPI: 2.5%

YTD: -2.18%
2011 Low: -17.2%
2010 Performance: 49.09%

SMC is back without a bang

What's hot and what's not? Mining and SMC. The Index was down big today, 1.15% and i guess we're lucky SMC is not a part of the index. A disclosure was released earlier that PX bought a 5%  stake in LC at .66/share. I think MVP would be gunning for more of LC later on. LC went up by 4.34% to close at .72/share. I read a part of the interview done on ANC with Ramon Ang of San Miguel and personally, i didn't like the way he answered the questions especially it's coming from one of the Biggies of San Miguel. Here's a part of the interview:

V: I’ll just go back to what you said in the past, that the offer price would be between P250...

A: 'Yun ang valuation, valuation na ginawa ng mga financial advisers is the share price valuation is about P200 to P250 per share. Kanya lang kami po sa San Miguel, gusto namin kung magbenta kami ng shares hindi po bababa kundi po, tataas para kumita ang mga kababayan natin

So why would he announce such a thing during that time and then impose a trading halt when the price started to descend? Instead of being able to cut loss slowly, a lot got stuck and then today, the price even dipped to 105 level. Now i think we all know how this company treat the small investors.

Full details here: http://www.abs-cbnnews.com/business/05/05/11/ang-san-miguels-share-sale-market-price-debts

PSEi Daily: -1.15%
My Portfolio DailyPerf: 0.26%
Daytraded some PX, bought at 17.1 - sold at 17.64
Bought MPI at 3.51
Added some more LC today at .70 and .72

My Portfolio:
EDC: 9.66%
MBT: 9.59%
LC: 13.89%
MPI: 0.57%

YTD: -5.19%
2011 Low: -17.2%
My2010Perf: 49.09%

Still Mining in May?

After the pullback of the mining sector last week, it rose back by 2.175% lead by PX, LC and NIKL. PX was up 2.74%, LC 6.15% and NIKL by 3.06%. The services sector however took a dip and went down by 1.12%.

Foreigns were net sellers today by 125M and they sold the following:
AP 47M, AC 23M, DMC 79M, MPI 23M, VLL 18M, LCB 19M, SCC 52M

But they bought the following:
EDC 15M, FGEN 18M, JGS 38M, SM 35M, ICT 32M, PX 24M

Today's BizNews:
SMC planning to buy more coal mines
VLL eyes projects for more provinces
BDO's net income rises 18% in Q1 NEW
Phoenix Petroleum eyes up to P5-billion notes to refinance debts, fund capex
DMCI unit pushes expansion of Calaca facility
*BizNews c/o PDI, Bworldonline, Philstar

Today's Portfolio Performance: 1.24%
Sold all DMC last week at 46. +20.43%
Added some LC today

My Portfolio:
EDC: 9.91%
MBT: 10.32%
LC: 10.14%

YTD: -5.9%
2011 Low: -17.2%
My2010Perf: 49.09%

Pullback

Profit taking day. Hopefully this will just be a shallow correction. PSEi went down by .6% today with the mining/oil sector dropping down by 3.85% lead by LC's decline by 10.45%. Foreign funds were net sellers today by as much 500M in value.

They sold the following:
PNB 17M,  AP 26M, FPH 20M, MPI 33M, CEB 52M, SCC 79M

But bought the following:
MBT 41M, EDC 30M, AGI 194M, DMC 85M, MEG 53M

Today's BIZNEWS:

• Henry Sy-led SMDC Q1 net profit up by 45% to P916.3m vs year ago; consolidated revenues up 70% to P3.4b

• Metro Pacific affiliate exercises option to swap P6.6b bonds into 2.03b new shares in MPIC, translating to a potential 10% dilution

• Alliance Food to conduct a stock rights offering to fund Spence&co purchase; trading suspended on PSE pending disclosure of addl info

*BizNews c/o D.Dumlao of PDI, PDI, Bworldonline, Philstar

MyDailyPerf: -1.75%

Sold all PX +4%, Added some LC

DMC: 22.13%
EDC: 7.77%
MBT: 10.43%
LC: -3.33%

YTD: -7.2%
2011 Low: -17.2%
My2010Perf: 49.09%

Happy EASTER!

Hope you had a wonderful and blessing filled weekend! Today, PH stocks resumed trading on a very positive note. The PSEi closed at 4331.37 which is 56.6 pts (1.32%) higher than last close, a new high for this year. All sectors were up today with the services counter leading the way with a 2.27% increase while financials managing to go up by 1.82%.

Foreign were NET buyers today by 320M in value and they bought the following:
Financials:
BDO 19M, MBT 45M
Industrial:
MER 23M, URC 45M
Holding:
AGI 126M, DMC 68M, 24M
Property:
FLI 41M
Services:
TEL 114M, WEB 15M

They sold the following:
Industrial:
EDC 22M, FGEN 41M, FPH 17M, MWC 52M
Holding:
LPZ 27M
Services:
CEB 17M
Mining/Oil:
SCC 29M

Today's BIZNEWS:

• Cement demand up; HLCM eyes $500-M plant
• Q1 budget gap seen to be way below cap of P112B
• Phoenix to offer debt paper worth P5B in May
• SMC keen on NAIA3 privatization
• iRemit gets UK approval to set up remittance unit
• JG Summit nets P16.3b in 2010, up 91% on higher contribution from food, airline and telecom units
• Belle profits fall in Q1 as revenues decline
• Five foreign carriers get CAB nod for higher fuel surcharge
• SM builder Megawide expects record earnings
• Inflation seen within BSP 3-5% target this year

*BizNews c/o D.Dumlao of PDI, PDI, Bworldonline, Philstar

MyDailyPerf: 0.74%

Sold all AP @ 31.4 +8.28%
Sold a little DMC, Bought a few LC

DMC: 22.95%
EDC: 7.36%
MBT: 11.7%
PX: 6.6%
LC: 7.46%

YTD: -5.4%
2011 Low: -17.2%
My2010Perf: 49.09%

Happy Weekend!

PSEi was up .7% at the close on the last day of trading of the week. It seems odd that value turnover today was even higher than the previous days which amounted to 5.5B. The Mining sector lead the way again today with prices of PX, MA, LC spiking up. DMC has been trending up as well with another round of foreign buying amounted to 80M which is higher than yesterdays amount. Have a blessed weekend ahead! :)

Foreigns bought the following
Financial:
BDO 18M, MBT 76M
Industrial:
AP 12M, 17M, JFC 25M, URC 16M
Holding:
AGI 333M, DMC 80M, MPI 21M
Property:
MEG 140M, SMPH 47M
Services:
TEL 64M
Mining:
LCB 6M, PX 11M

But sold the following
Financials:
BPI 39M
Industrial:
EDC 95M
Holding:
AC 30M, LPZ 43M
Property:
ALI 17M
Services:
ICT 39M
Mining:
SCC 42M

BizNews for today

• HSBC expects countries like PH to benefit from a US credit downgrade
• SM Prime eyes rosy year after mall rentals lift Q1 net income
• SM expects larger public offering for Chinese malls
• Security Bank to join 30-share main stocks index PSEi effective May 9, replacing China Bank
• SMC share sale seen priced today at P110, the low end of revised trading range
• Ayala sets up hydroelectric power joint venture with Sta. Clara Power to build run-of-the-river hydros. AC getting 70%,infusing P600m in JV

*BizNews c/o D.Dumlao of PDI, PDI, Bworldonline, Philstar

MyDailyPerf: 1.24%

AP: 7.40%
DMC: 23.99%
EDC: 5.51%
MBT: 9.52%

Recently added:
PX: 5.86%
LC: 4.62%

YTD: -6.1%
My2010Perf: 49.09%

Mining Time

The mining sector has been up for four trading days now care of PX, LC, NIKL. Congratulations to all who are making money on these stocks and i think it can still go up further. 

Total value of transactions for the day amounted to 4,033,670,263.73 and it seems trading volume did not really went down significantly during the start of the holy week. Let's just see tomorrow since it would be the last trading day for the week.

Foreign funds were net sellers for today, they sold the following:

Financials:
BPI 21M
Industrial:
AP 22M, EDC 41M, MER 21M
Holding:
AC 19M, MPI 12M, SM 37M
Properties:
ALI 19M, SMPH 26M
Services:
TEL 44M, ICT 61M, LR 30M
Mining:
LCB 10M, PX 23M, SCC 15M

But they bought the following:

Financials:
MBT 58M
Industrial:
URC 14M 
Holding:
AGI 107M, DMC 51M
Properties:
MEG 48M

Biz News:
SM Prime grew Q1 consolidated net profit by 12%yoy to P2.12b on robust rental revenues.
Indicative price for SMC equity lowered to P110-P140.
AGI reported above their forecast of 38% growth in net income for 2010 but below consensus.

*BizNews c/o D.Dumlao of PDI and FMSec

PD: Added some more DMC for short term trade, Bought some PX and LC

2010 Performance: 49.09%
YTD: -7.43%

18th of April

Great day! I was not around this morning to check on the stock market as I was on a food tasting event for our upcoming wedding and when i got home, may dessert din palang nakahain care of DMC, EDC and MBT :) I was not only satisfied with our caterer pati si PSE nakisali rin just when i expected to see it flat. Truly, Blessings are overflowing and we just have to go ask and get them!

Foreigns were net buyers for today:

Financials:
MBT 63M, SECB 43M
Industrial:
EDC 25M
Holdings:
AGI 147M, DMC 63M, MPI 46M
Property:
ALI 21M
Services:
TEL 81M

Biz News:
Robinsons Land to expand shopping mall in Tacloban, put 98-room budget hotel beside it (first gohotel branch outside Manila Manila)

$750-M Belle Grande Manila Bay casino soft opening by Q2 next year, transforming Belle Corp. into a premier gaming/leisure firm
News c/o D. Dumlao of PDI

My Portfolio:
AP: 8.86%
DMC: 20.35%
EDC: 8.32%
MBT: 9.52%

YTD: -7.1% (onti na lang all time high na ulit and time to make new highs!)
2011 Low: -17.2% (Bloody February)

18 days later

It's been 18 days since i decided to change my strategy and as early as now, it looks like it's paying off already. Hope this goes well for the next few months, maybe years...

AP: 10%
DMC: 14.78%
EDC : 6.66%
MBT: 8.79%

Just when I thought

Just when i thought the market is going to correct, there goes PSE with another round of foreign buying that helped the index closed in the green today. Net foreign buying was at 837M and here are some of the stocks they bought:

Financials:
BDO - 36M, BPI - 37M,  MBT - 52M, PNB - 33M 
Industrial:
AP - 135M, FGEN - 47M
Holdings:
AEV - 48M, AGI - 99M, DMC - 51M, SM - 98M
Property:
ALI - 82M, SMPH - 44M
Services:
GLO - 39M, PLDT - 74M

PD: Bought some more EDC @ 6.6

The Bull is Back?

After a quarter long consolidation, the index has finally resumed its previous uptrend. Notice on the past few days the significant amount of foreign buying on the blue chips, thanks to the DGTL-PLDT deal that started all these. Just before the market started to trend up once again, I have positioned myself on some select stocks that I will hold for at least 6months:

AP: +10.06%
DMC: +7.8%
EDC: +8.7%
MBT: +8.7%

^ ala cliffhanger

Planning to add more of these during corrections.

Diesel Month?

Our market has been consolidating since the start of the year. I wonder what will be the catalyst so that our market will be able to resume it's uptrend. Some issues are now being played, good for short term/momentum traders, congratulations for being brave enough to get into those select stocks.

Red zone for now :)

I just have attended The Feast last weekend, that was my first time. It was great and there's one thing i would like to share from that gathering. "What you can conceive, You will achieve!"

Happy 2011

Happy New Year Everyone! It's a brand new year for all of us and a new set of goals. To my fellow newbie friends who made money in the previous year in the stock market, congratulations and don't forget to share those blessings, hopefully this year would be better for all of us! To those who are break-even or at a loss, don't worry, it's another year to look forward to in turning your portfolio to the green zone. :) And to my friends that i still owe an introduction regarding investing/trading stocks, let's schedule it this January! (kahit sa coffee shops pwede).

This year looks good for the PSE, especially in some sectors that are in demand. (Power - high demand less supply, Mining - soaring commodity prices, Gaming - Big time Casino's, etc)  It just takes a little of our time to know what is actually going on in our country so that we can take advantage of these stocks that could give us some profit. :) A prosperous year to all of us! ("Let's make it happen in 2011" - Mr. Rasheed)