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%

Initial Stocks

Merry Christmas and Happy New Year!

This is my first blog. I want to share my thoughts, opinion and my experience in investing/trading in our stock market. I started investing in stocks exactly one year ago, I specifically chose GMA7, EDC, and SMPH at that time. Basically, I choose them for some reasons, GMA7, because I think that time that they will earn a lot of money from political ads for the upcoming 2010 elections, and their stocks will shoot up, maybe, you want me to ask why not ABS? of course, I also have ABS but I didn't choose it as my initial holding because I want to diversify my holdings into several businesses and owners, since ABS and EDC are controlled by Lopez family, I choose GMA7 as my media stock. Next EDC, I choose it because of Deutsche recommendation to buy this stock and I also observed that this stock is one of the most traded stock in our market. I don't know why, but it seems to me, there is something on this stock, I want to speculate as well. hahaha. Well of course, I did some research on this stock, I find it interesting because of its business in power generation and my assumption at that time that this would be one of the profitable company in the long run, maybe in 5 or 10 years. and lastly, SMPH, same as with EDC, SM malls will be as big as Walmart in the future especially Sy is now expanding its presence in China.