Philippine Stock Exchange


Friday, January 28, 2011

Signature campaign to stop Palawan mining launched

Signature campaign to stop Palawan mining launched
       What could be the effect of this issue on all publicly listed companies which are engaged in mining activities in Palawan? How about to the rest of the listed companies under mining sector?
       Some of the mining companies which have mining operations in Palawan are Atlas Consolidated Mining and Development Corporation (AT) , Nickel Asia Corporation (NIKL) and Oriental Peninsula Resources Group, Inc. (ORE).
       Completing the list of listed companies under mining sector are the following;
Abra Mining and Industrial Corporation (AR), Apex Mining Co., Inc. (APX and APXB), Atok-Big Wedge Co., Inc. (AB), Benguet Corporation (BC, BCB, and BCP), Century Peak Metal Holdings Corporation (CPM), Dizon Copper-Silver Mines, Inc. (DIZ), GEOGRACE Resources Philippines, Inc (GEO), Lepanto Consolidated Mining Company (LC and LCB), Manila Mining Corporation (MA and MAB), NiHao Mineral Resources International, Inc. (NI), Omico Corporation (OM and OMW2), Philex Mining Corporation (PX), Semirara Mining Corporation (SCC) and United Paragon Mining Corporation  (UPM).

"He who has a bountiful eye will be blessed..." < romer is ayeckanic, ayeckanic is romer > Ayeckanic™


       As sis krissy says, "God's morning everyone"! 
       What a rainy week! I have seen some photos posted by my friends in my previous company in Jeddah last night and I was surprised to see how high was the flood in the camp where I used to stay. 
Jeddah Flood
Jeddah Flood
       Here in my place, I was awaken early morning by the sound of the rain dropping on the roof of my accommodation then saw some water in the floor that seep through the portacabin window. Just the other day, one socket in my room sparked and it started to burn the wires/wooden wall. Good thing I did not report to work that morning so I saw what happened and I immediately extinguish the fire. Nice room!
       Going back to stocks, I was able to sell some of my FOOD at a gain of around 18%. My AEP for this stock was 1.51 and I sold it at 1.80. I believe it could still reach 1.90- 2.0 but I already sold half of my holdings to protect my profit. 
       What is FOOD by the way? FOOD is the ticker symbol of Alliance Select Foods International Incorporation Formerly known as Alliance Tuna International, Inc. They are into tuna processing, canning and exporting of canned tuna products with factories in General Santos City, Philippines and Bitung, North Sulawesi, Indonesia.
       FOOD invested in Prime Foods New Zealand (PFNZ), a New Zealand based processor of smoked salmon, as a part of its product diversification strategy. They also have a 40% stake in FDCP, Inc., a can-making company.

As of 28/01/2011
Current P/E Ratio  = 12.52522538
52 Week High       = 2.06
52 Week Low       = 1.35
Last Sale               = 1.79
Yesterday's Close  = 1.71
Today's High         = 1.84
       Will it reach 2.0 next week?

"He who has a bountiful eye will be blessed..." < romer is ayeckanic, ayeckanic is romer > Ayeckanic™

Tuesday, January 25, 2011


       It's been quite some time that the market is consolidating (that is as per my observation). Quoting a post by Sir Gus Cosio from his blog "Gus Cosio says so", "The reason that market has been tanking is obviously because global portfolio managers have been re-balancing portfolios in favor of the large cap high-profile stocks in the developed markets."
       Furthermore, the market consolidation will still continue according to the news as stated by some "experts". What does that mean? My portfolio will continue to be in the red zone and my paper losses will become bigger probably unless the stocks that I have will counter where the index is heading.
       Just last Friday, all my stocks were red except FOOD although it went down again yesterday. Comparing it to the rest of my stocks, FOOD did not went down that much as of this writing.
       Browsing through some forums and blogs, you might have read that some were cutting losses to avoid having further losses. I haven't tried to cut loss because after 7 months in the stock market, I still  can't figure out why and how to do it. Honestly!
       Some were already getting nervous and don't know what to do at this point in time. Most were worried that they are having big paper losses because of the market consolidation when you read some comments in Sir Cosio's blog.
       Just this morning, something changed... The market was green! Checking out my portfolio, my stocks' prices went up compared to yesterday. Is this the start of the continuation of Philippine stock market's bullish trend?... If so, then the time for me taking profits is near. Hahaha! I love it!
"He who has a bountiful eye will be blessed..." < romer is ayeckanic, ayeckanic is romer > Ayeckanic™

Saturday, January 15, 2011


       While browsing the web this morning, I stumbled upon these latest news from the PSE website. Please check them out if you are interested to know more about investing in stocks and REIT:

- list of seminars but with seminar fees


- PDF file which discusses about Real Estate Investment Trust or REIT. You can download the file and study on your free time.

Have a nice weekend everyone!

"He who has a bountiful eye will be blessed..." < romer is ayeckanic, ayeckanic is romer > Ayeckanic™

Thursday, January 13, 2011

Waiting Game na lang...

       First of all, congratulations to Mr. Hans Sicat who was appointed as the new Philippine Stock Exchange Inc. president and Mr. Cornelio Peralta as the bourse's chairman.
       As of this writing, Dow Jones was up by 94.57 points. I'm hoping that it will also help the PSE to go up by tomorrow. The PSE index ended in the positive territory this morning but by 4.86 points only though with a value turnover of Php 6.02 billion!
       After selling my MER last week, no more selling was done again in my portfolio due to the fact that all of my stocks are in the red zone. I sold MER when it was 238, now it has reached 292!! Walang sisihan, sabi nga ni bro John316. hahaha! For the past several days, my free cash were used to lower down the AEP of  some of my stocks.
       My ALI (Ayala Land Inc.) was previously at around 17.9 now it is 16.6 already. My FLI which was 1.36 before now it is 1.34 and my VLL which was at 3.2 level now 3.1. 
       With more good news especially about the Europe worries easing, I'm hoping that it will help make the Philippine stock market continue its bull run to make more stock investors like me happy. Hahaha! 
       I'm planning to buy my baby an aquarium with colorful fishes for her to take care of and in case I could sell my VLL stocks maybe the profit would be enough for that. It has been my dream since I was a kid to have an aquarium and what a coincidence because my wifey was also dreaming of having 1 for so long!
       Now that I don't have a plan of doing daytrading for my stocks and with no more cash for more buying, I will just be waiting for my target prices to be reach. It would be nice also because I don't need to wake up at around 4:30 am just to  see the movement of my stocks. 
       I have just finished reading the new blog entry of Mr. Gus Cosio entitled " Money on the Table" and  there he mentioned NIKL as sure bet and have some good words also for ORE. MPI and DMC were very good long-term holdings due to the growth of capacities that they handle in power and utilities according to Mr. Cosio also. Gee, I don't have any of those mentioned at the moment. Hayyyy... hindi kami parehas ng iniisip ni master Gus Cosio...
Pahabol : We are happy in the KFAM Stock Investing Thread aka LIP Thread that more and more people are starting to get interested in investing in stocks. May bago na namang kasama sa ating thread...

"He who has a bountiful eye will be blessed..." < romer is ayeckanic, ayeckanic is romer > Ayeckanic™

Tuesday, January 4, 2011


       You might have noticed that 1 more stock was missing in my portfolio starting yesterday. This was because I released my MER after having a profit of around 20%. Not bad... I hold it for only around 1 month. No, we could not earn that in the bank from the same savings at the same span of time. The profit will then be again invested to other stocks like the previous ones. 
       Tiba-tiba as one of my friend in the KFAM forum says, but actually it could be tiba-tiba if my investment was huge but I am just starting and my funds allocated in stocks is small. It is because I can only manage to use the free cash from my salary after deducting everything from my family's everyday expenses to SSS, house completion etc.
       MER still rose higher today compared to yesterday when I sold it but I don't need to feel sorry because I was able to lock in my profits. I was just following one of the reminders in KFAM which is "moderate your greed" and also my TP (target price) for that stock was already reached.
       Looking at my portfolio now which is painted red, I am thinking of  some ways to be able to make it green.  I could wait for another market correction and average down or either cut loss. Maybe the first choice suits me better since all of them are good companies and the loss which I am having right now is only considered as paper loss. Just let those expert on cut loss do it in their portfolio. 
       I have some good prospects for my 2011 stocks and some would be MBT, SM, JFC, EDC and other blue chip stocks. These were usually being suggested by Mr. Gus Cosio in his blog and also by my friends in KFAM. I have read in a certain news that the bull run for the PSE will continue for 2 more years so it will be nice to invest in the so called blue chip stocks. I would buy either SM or JFC for my wife whom I was able to convince for her to invest some of her money in stocks.
       We are happy in the LIP thread in KFAM forum when somebody there asks about how to start in stocks because our objective of encouraging more people to invest is getting good results. Just for the past month we had new members in the thread which in every way,all our super "S" are helping for them to start in stocks. How I wish that my humble blog-blogan can also encourage more people to invest in the stock market. We are hoping that there would be more bro wonggos and sis chellos this year.
       So there goes my first transaction for this year, how was yours?

"He who has a bountiful eye will be blessed..." < romer is ayeckanic, ayeckanic is romer > Ayeckanic™

Sunday, January 2, 2011


       So here we are, thank you 2010 and welcome 2011! I hope nobody from you, dear readers including their love ones, had a cut finger because of "paputok"! Here in my location, we only had a dinner of pansit bihon and bulalo with rice to welcome 2011. I could have been happier if I was with my wifey and our princess but what to do yani, I need to work for my mag-ina. So what was on your table for the Media Noche also?
       Being a tradition, I also prepare my New Year's resolution for this year. The most important one for me is for me to be more of a giver, somebody who can share even in a very small way. It was one of the good things that I have learned from being a member of the LIP thread aside from investing (in stocks). I don't need to elaborate it more here because it might make me emotional. LOL! You may visit he KFAM thread, Stock Investing aka LIP thread, and you will be surprised because it is not only about stocks that we discuss there.
        Another one is to plan more for investing my hard earned cash so I am thinking of investing a portion of my free cash also into a mutual fund. I already choose FAMI but still figuring out how could I do it while still here abroad. Anyway as what the saying goes "If there's a will, there's a way"...
       My 2 years working contract is about to expire after 6 months from now, so I still have time to earn some more for additional investments before going home (unless my company terminates my contract unexpectedly). We don't know, sometimes even your own kababayan has a tendency of being a CRAB. I hate it when somebody do that just for them to look good for the management... OOOOPPPSSSS! Out of topic.
       So let's just go back to my topic, New Year's resolution... Aha! Before the end of the year I was able to convince my wifey to invest some of her free cash in stocks. It is not a big amount but at least, she can start having some stocks than letting the money stay in the bank. I told her that I will buy either JFC or SM for her. I will continue to ask her to invest in stocks or in mutual fund whichever she prefers from this year onwards.
       I will also be making a new blog/diary which will be introduced in the LIP thread. Then, I will exercise more because although I'm not tabain, I feel weak because of no exercise here in my work. And then I will do more research on my prospect stocks before buying. 
       Have you made also your New Year's resolution? I hope one of them is investing... IN STOCKS! God Bless Us All! Happy and bullish new year to every one!

"He who has a bountiful eye will be blessed..." < romer is ayeckanic, ayeckanic is romer > Ayeckanic™