8-day shopping sale

Recent correction happened this week encourage me to buy stocks which is oversold based from the chart and undervalue based from their disclosed financial report and press release.  The following stocks I bought are FPH, AGI, SECB, and FDC.  Here's the list of stocks I accumulated since I started last 2008.

COL and BPI accounts respectively as of March 22, 2013.

Easter Monday on Philippine Stock Market

There are many foreign buyers today and it seems one of their target stock right now is Filinvest Land (FLI), which based from my computation, it is still undervalued from its book value of 1.58 (Q3 of 2010). 41.87 million pesos worth of stocks were bought by foreigners, (I don't know exactly who they are but I have a clue.)  There's no significant news that affects our market today aside from previous week's good performance of major world stock markets including Asia, Europe and US markets. Today is a Lopez day.  Almost 100 million pesos worth of Lopez stocks were sold by the foreigners.

NO. OF ADVANCES:       96

NO. OF DECLINES:       46

NO. OF UNCHANGED:      23  

NO. OF TRADED ISSUES:  165

NO. OF TRADES:                1495

FOREIGN BUYING      Php 1,571,020,516.99

FOREIGN SELLING      Php 1,257,590,672.09

Net Foreign Buying Stocks (in millions of pesos): BDO 19.5M, MBT 46M, URC 45M, AGI 126M, DMC 68.6M, GLO 13M, TEL 114.6M, MER 23M, MPI 24.7M, FLI 41M

Net Foreign Selling Stocks (in millions of pesos): AP 9M, EDC 23M, FGEN 42M, FPH 17M, MWC 52M, LPZ 27.6M, ALI 6.7M, CEB 17M, SCC 29.5M

Happy Easter To All!

Undervalued stocks

In the previous months and up to now, I am slowly accumulating stocks that is undervalued based on its book value and my forecast that they will earn in the next few years (just like what Kuya Kim do when a typhoon is coming in our country). But of course, I am not expecting that its price will rise going northeast (hehehe... you need a compass here and a google map, just kidding!) Anyway, here is the list of stocks under my crystal ball, I'm mean my watch list. :D I am hoping and praying that these stocks will most likely to move up in the new few days and months due to their dividends and exciting projects, services, and products that they will introduce and they will be into.

FLI (Filinvest Land) 1.31/per share as of April, 2011

Book value: 1.58 based on Q3 2010 FS

Upcoming cash dividends: Ex-date May 10, 2011

0.0196/share (regular)

0.0196/share (special)

FDC (Filinvest Development Corporation) 5.12/per share as of April, 2011

Book value: 9.xx+ based on Q3 2010 FS

Upcoming stock dividends: Ex-date TBA

23.32%

BSC (Basic Energy Corporation) 0.156/per share as of April, 2011

Book value: 0.18 based on 2011 AFR

Hint: One of the top stockholder as of March, 2011 is Henry Sy

SPH (Splash Corporation) 2.49/per share as of April, 2011

Book value: 3.8x+ based on 2011 AFR

Upcoming cash dividends: Ex-date May 4, 2011

0.11/share

RCB (Rizal Commercial Bank Corporation) 28.00/per share as of April, 2011

Book value: 35.xx+ based on Q3 2010 FS

Upcoming cash dividends: Ex-date TBA

0.80/share

0.60/share

I'm back again...

Two years ago, I started this blog but for some reasons, I did not post any updates on what happen to my stocks. Well, I am still holding all my top stocks I posted last December 2009. Anyway, to give you an update.

Here is my top holdings as of April, 2011

FPH 9.69%

CHIB 8.93%

GMA7 7.98%

EDC 7.65%

AC 6.86%

ABS 5.96%

RCB 5.72%

SECB 5.06%

FGEN 5.06%

SM 4.89%

Percentage of my holdings based on sector as of April, 2011

Holdings 24.47%

Property 5.88%

Utilities 15.36%

Bank 19.71%

Mining 9.76%

Media 13.94%

Others 10.88%

Stocks Selection

One of my basis on buying a stock and holding it, if it is selected by major mutual funds. Of course, aside from analyzing its fundamentals, financial report, P/E ratio, chart analysis, etc. we also need to consider if it is selected by fund managers who managed mutual funds because they will be one of the factors that would help and drive to push the stock price up or down depending several factors.

To give you an idea which stocks that you need to consider to buy are the following.

PHILEQUITY PSE INDEX FUND INC. as of September 30, 2009

BPI PHILIPPINE STOCK INDEX FUND as of November 30, 2009

BPI Balanced Fund as of November 30, 2009

Please note that this is one of the criteria on selecting and deciding to buy a stock. You still need to consider other factors aside from this before buying or selling a stock.

FPH (First Philippine Holdings Corporation)

FPH is one of my favorite stocks right now. MACD is showing an uptrend, RSI is at 32, estimate 2009 P/E ratio might be 10 based from its current price and my TP is 65. Along with other analyst, such as COL's TP is 75, Deutsche's TP is 60 and UBS selected FPH as one of their pick stock for 2010.

Recommendation: Buy this stock.

Top Stocks Holdings

Top Stocks Held as of December 23, 2009 (in terms of market value) for BPI account only, COL account not yet included.

1. GMA7 23.36%
2. EDC 19.94%
3. CHIB 11.68%
4. MWC 10.75%
5. PX 8.4%
6. FPH 7.89%
7. AC 6.5%
8. SMPH 4.2%
9. APO 3.88%
10. ABS 3.7%
11. IP 2.7%