Trading the Philippine Stock Market

[hotviper]

ka nindot sa earning figures ni bro ep ug ni bro vondave oi.

[vondave]

Bro vondave, congratz sa imoha system ug current gains. I glad naa pud trader pareho nimo ngari who is into value investing. As for me, more on short term trading jud ko using swing trading. Tudloi nya mi unsaon nimo gina screen or pick imoha list para sa value investing technique..

So far bro, I think same2x ra jud ta ug result. Ako gi suon pagcompute base sa imoha table sa imoha blog. So far mao ni koa previous 6 months na performance.

March (+) 5.79%
April (+) 15.92%
May (+) 4.99%
June (-) 0.62%
July (+) 3.85%
August (+) 3.25%

Hope the other guys also did well the previous months.

Hey, this is great sharing notes! Yes, pareho ra jud diay roughly! The exact difference doesn't really matter coz this is a marathon, not a sprint, hehe. Bro, about my swing trading, 4 are still open trades so there is still a chance nga mu-improve akong performance on that area. For sure, I am relying on too little data for now, 10 trades ra gud, hehe. Early results lang to nako. But thanks for sharing your swing trading resources. I am still using it. Lingaw man sad, hehe.

Bai, let's keep posting our monthly gains like this para we are more motivated. The beauty of forums is we can stay anonymous so di ta kaayo ma-uwaw musulti sa atong performance, whether good or bad.

Guys, to everyone here, I strongly suggest you track your investment performance not on a per trade but mainly on a per month. That way, you also guard against opportunity cost piling up. Opportunity cost is when you are out of the market, cash doesn't grow. Or when you have positions in stocks that don't move much, better to find a better stock which yields more gain. The difference between what you are earning and what you could be earning which might be more is opportunity cost. You can guard against these piling up if you monitor your investments regularly. I think monthly is a fair enough time frame to monitor. Weekly would be too tight because of stock's inherent volatility.

Good luck to everyone for September. So far so good. Market is doing a huge rally as I type this, hehehe.

[vondave]

dakoa na sa inyong investment bro vondave.. may unta muhatag akong parents capital ani next year... bsan 200k lng.. hehe.. if naa ta capital 1 million.. nindot jud unta.. hehe

waiting for sir ep to share his total gains per month..

Bro, you don't need a lot of capital at all. Remember, like everyone probably that has a citiseconline account, I opened with only P25,000. Also, I didn't start in citisec, I started in Kim Eng ATR. With them you can start by buying just one board lot so theoretically, you can start investing with as little as 2k! If you want to see my tracking so far bro, I am sharing it in my blog: Yaman Yabang

If you check there, I had pretty bad months pud, as in na-negative jud ko overall! But I was very haphazard then. Good luck nimo bai. Basta tabangay lang ta diri.

[vondave]

PSE remains to be bullish since early 2009. If you are fully invested it is expected that you will get more than 20% of your principal. Swing trades, if properly done, can get more. But then again, I don't trade in the Philippines, I invest, just like you. Bro ep, can you match his returns? Furthermore, can you provide us your fundamental indicators, e.g., ratios, dividends, etc. And how do wieght them in terms of percentage. Because if you follow the analysis of your broker, you might as well put your money in a full equity mutual fund.

Bro, 20% is even too conservative I think. As of the six months that I quoted below bai,

March (+) 7.81%
April (+) 10.19%
May (+) 1.7%
June (+) 6.25%
July (+) 4.37%
August (+) 3.65%

if you compound your gains, I already was able to gain 38%, not 34% which is what you'd get if you simply added the percentage values in the series. If I can maintain a 6% every month as average (I'm close by the way) you can get 100% growth after 12 months. That means you've doubled your money!

I described monthly compounding in my blog bai, here's a link, just sharing what I learned from experience: Yaman Yabang: Compound monthly, not yearly

Thanks bro and I wish you good luck for your investments. I really hope madato tang tanan diri.

[vondave]

NICE..

happy trading everyone!!!

@ sir vondave - bro what do you think about BDO? plan nako long term ko ani..

Bro, according to ATR Kim Eng report last May 31 (so 3 months ago ni) BDO was reiterated as a 'Buy'. See snippet below.


> | BDO: BUY rating remains on earnings, TP upgrade |
> | § We are upgrading our earnings estimates for Banco De Oro|
> | Unibank Inc (BDO) by 38% to P8.2b in 2010 and 17% to P9.6b in |
> | 2011. This comes on the heels of the better-than-expected |
> | 1Q10 results and improving operating efficiencies. Our target|
> | price is likewise upgraded by 29% to P58/sh which implies an |
> | upside potential of 33% on the share price. BUY rating |
> | maintained.


Since then, BDO has gone up really fast and currently is priced at 54.3 as I type this. Since the target price is P58, the remaining upside is now only 6.81% so it is no longer a compelling 'Buy' for me. In fact, it might be downgraded soon to 'Hold' unless new fundamentals affect valuations again. If you want my say on what good stock to buy for a holding period of 6 months to 1 year right now, I would suggest EDC with a target price of 7.59. It is currently 4.9 as I type this so the upside is 54.9%!!!!!! By the way, EDC is correcting from a price dip currently so last week would have been the perfect time to buy this stock. But as I wrote here, there's still plenty of upside left. It's the one with the biggest actually among all the stocks I'm monitoring, hehehe.

Good luck.

[vondave]

Pahabol nako nga stock suggestions:

FGEN with target price of 14. Current price is 11.02. Potential upside is 27.04%
FPH with target price of 74.8. Current price is 60.4. Potential upside is 23.84%
And of course:
EDC with target price of 7.59. Current price is 4.89. Potential upside is 55.21%

Guys, please take note lang that EDC is owned by FGEN, and FGEN is owned by FPH, and FPH is part of LPZ. All of them essentially are Lopez owned companies, hehehe. So meaning, these are all correlated stocks so if you buy only Lopez stocks, please note that you incur huge risks from not diversifying your portfolio properly. Then again, we are all after the alpha so ---- why not! hahahaha.

[vondave]

Guys, look at FGEN chart today. It's like a rocket on high-octane fuel!!!! hahahaha. Ka-ching!!!!

Magpadato na ta!

[miyay]

@vondave, gi unsa nimo pagkuha ang target price for edc?

[redhorse1L]

Guys, look at FGEN chart today. It's like a rocket on high-octane fuel!!!! hahahaha. Ka-ching!!!!

Magpadato na ta!

Mao jud. Along with AC and MEG.. Nanglupad na.
A nice start of BER months.

[hotviper]

hi guys kinsa muapil ninyo ngari sa absolute trader na seminar or kato kang andrei tips and tricks