GREED IS GOOD! : Philippine Stock Market

[DAILO]

ANY HOT TIPS ON THE PHILIPPINE STOCK MARKET?

Any investment advice originating from this thread are purely my opinion. If you make an investment decision based on the information from this forum, you do so at your own risk. I will not be liable for any losses you may sustain in the investment marketplace.

Should you become an instant millionaire, I will not demand a percentage of your profits. However, I won't mind if you share your experience here in this thread as a testimonial of my GREED IS GOOD!: Philippine Stock Market

GOOD LUCK IN ALL YOUR TRADES!

*Readers are strongly advised to contact their professional advisor before entering into any contract to buy or sell any security.


[This message has been edited by DAILO (edited 06-23-2000).]

[DAILO]

Lessons from Tiger

In case you missed it, Eldrick "Tiger" Woods conquered the US Open last Sunday by shooting a record-breaking 12 under par. A feat deemed next to impossible! Tiger's unanimous success is not a fluke. Woods' dominance can be linked directly to his desire, focus, and hard work. Not by coincidence, the aforementioned attributes are common among the world's top traders. What separates the winners from the losers (In all walks of life) is their drive to succeed. Like Tiger, most successful traders have a vision or a goal. And every trade they place is centered around their long-term goal. Super-traders display focus and
discipline, and stick to their thoughtful strategies. Above all, successful traders work hard! So whether you combing the annals of Investor's Business Daily, or pouring over stock charts, the amount of hard work you put into your trading is directly correlated with your results. Whether your game is golf or options, if you practice, and learn, and do the right things consistently, you win! And when you win the game of trading, you make money!

GREED IS GOOD!

[KuyaDanny]

Thanks for splitting up Greed is Good. Thanks also for letting me know about PLDT. But what I'm really interested in at the moment is news about Piltel, PLDT's subsidiary. Is anything exciting going on?

[DAILO]

Originally posted by KuyaDanny:
Thanks for splitting up Greed is Good. Thanks also for letting me know about PLDT. But what I'm really interested in at the moment is news about Piltel, PLDT's subsidiary. Is anything exciting going on?

WELCOME BACK KUYADANNY!

I'll ask one of the researchers to dig around for you..


[This message has been edited by DAILO (edited 06-24-2000).]

[NoisyCricket]

dailo,
i'm a complete newbie to stocks. don't know diddley from duddley. but i'd be interested to have at least SOME knowledge of their workings. especially for stocks of internet comapnies and start-ups. where do you suggest I start? err personal finance for dummies? would you recommend any book or website?

Greed is good! More power to you!

[DAILO]

GOOD MORNING MANILA! I hope everyone had a wonderful weekend like I did

GOOD LUCK in your Trades today!

GREED IS GOOD!

[DAILO]

LET'S ALL WELCOME NOISY CRICKET.

WELCOME NOISY CRICKET

[DAILO]

STOCK MARKET DIDDLEY FROM DUDDLEY GUIDE

Before investing in the stock market, set your short-term and long-term goals. Specify your objectives to have a clearer evaluation of your status. Investing in the stock market is all about sacrifice, commitment, discipline and patience. Everybody is aware of the risks of investing; the key is to remain focused and objective in your approach.

Understand the language

Know the terms, what is their literal definition, what do they mean to you. Terms like preferred stocks, common stocks, initial public offering, market value, etc.

(to be continued)



[This message has been edited by DAILO (edited 06-26-2000).]

[DAILO]

STOCK MARKET DIDDLEY FROM DUDDLEY GUIDE PART 2

REWARD VS. RISK

Investing on your own

Investing on your own has the potential for greater growth and profit; your money is readily available; and you have greater control of your assets (as opposed to investing them in mutual funds).

Risk is an integral part of investing. You risk losing some or all of your money; you may even incur additional losses. If the rate of return on your investment is less than the inflation rate, you receive low value for your investment or savings account.

The positive side is that in the long run an investor can profit by about 10 to 12%.

Investing as part of a group

An insurance company may invest your funds in various safe investments like high quality stocks. As part of a company's pension plan, the company may invest them in stocks, bonds and the like.

Mutual funds -- a collection of stocks and bonds, but this may contain other types of securities like mortgages, cash accounts and the like. A mutual fund can also be defined as a portfolio of carefully selected stocks, a diversified investment option, professional management and opportunity to invest with minimal cash.

(to be continued)

[This message has been edited by DAILO (edited 06-26-2000).]

[This message has been edited by DAILO (edited 06-26-2000).]

[DAILO]

STOCK MARKET DIDDLEY FROM DUDDLEY GUIDE - PART 3

SOME FACTORS THAT AFFECT THE STOCK MARKET


Rising interest rates -- cost of borrowing increases
Increasing inflation rate -- purchasing power of consumers decrease dramatically.
Exchange rate fluctuations -- forces investors to hold on to their funds because of the uncertainty involved.
Political Unrest -- makes investors, specifically foreign, become more cautious.
International disputes -- have repercussions that are not favorable for investing.
High Unemployment Rate -- result in higher crime rate.
Gross Domestic Product/Gross National Product figures -- when high, means the economy is improving.

RESEARCHING STOCKS

Before purchasing stocks, know and understand the company, its products, its services and its management. Read finance magazines, the business section of your daily newspaper; watch television; surf the Internet.

The selection process

Know what kind of investor you are. If you are a conservative investor, invest in mature and large companies for a safe return on your investment. If you are not that conservative and not necessarily impetuous, go to the medium caps. If you are adventurous, you can go for the small caps.

Make a list of the companies you understand. Study their reports, prospectus, websites, financial analyses.

(to be continued)




[This message has been edited by DAILO (edited 06-26-2000).]

[DAILO]

STOCK MARKET DIDDLEY FROM DUDDLEY GUIDE - PART 4

FINANCIAL ANALYSIS

These are some of the basic tools you can use to analyze the financial status of a company:

EPS (Earnings per share) -- what is left from gross revenues after taxes, bad debts and other expenses have been subtracted. The formula for EPS is net income divided by number of common stocks outstanding. The higher the earnings per share the better it is for the investor.

ROE (Return on Stockholder's Equity) -- presents what the company has done with the money the stockholders invested. The formula for the ROE is net income divided by total stockholder's equity. The higher the ROE the better it is for the stockholder. One must also compare your stock ROE to the industry average ROE to see how the stock is performing.

P/E (Price earnings) ratio -- shows the relationship between the stocks current price and its reported annual earnings. The P/E ratio indicates how much you need to pay to buy those earnings per share. The formula for computing the price earnings ratio is the market price of the share divided by the earnings per share. The lower the price earnings ratio, the more favorable it is for the investor.

Sales and earnings history -- Invest in a company that continuously experiences increases in sales and earnings. Track your stock's performance for at least 5 years to be able to analyze a trend. Note if the growth rate of earnings is greater than that of sales. This means that the company is more efficient and prudent in handling its expenses.

Beta -- measures how volatile a stock's price is relative to the stock market as a whole. A beta of 1 means the stock moves up and down at market pace. A beta of greater than 1 means it is faster and wider than the market. A beta of less than 1 suggests that the stock movement is fairly small and slower than the market as a whole. It is wise to avoid stocks with betas above 1 because they are volatile and capricious.

Company size -- is measured through market capitalization. The formula for market cap is market price of a share multiplied by number of common stocks outstanding. Large caps provide steady gains and less risk. Mid caps have moderate gains and moderate risk. Small-caps may furnish greater gains but also present the greatest risk.

Relative industry strength -- you can determine the standing of your stocks depending on the indicator or ratio that you use and rank them as EPS,P/E ratio, ROE etc.

There are other measures an investor can use to evaluate a particular stock: current ratio, quick ratio, leverage ratios, activity ratios, profitability ratios and growth ratios.

DIVERSIFYING THE PORTFOLIO

The advantage of diversification is that the risk on your total investments decreases. When one industry is plunging in terms of value another may be experiencing abundant gains. This cancels out the negative effect and protects the investor from experiencing extreme losses in his investments. It is advisable for an investor to diversify his/her investments: "Don't put all your eggs in one basket," so to speak.


GREED IS GOOD!


[This message has been edited by DAILO (edited 06-26-2000).]

[DAILO]

Originally posted by Noisy Cricket:
dailo,
i'm a complete newbie to stocks. don't know diddley from duddley. but i'd be interested to have at least SOME knowledge of their workings. especially for stocks of internet comapnies and start-ups. where do you suggest I start? err personal finance for dummies? would you recommend any book or website?

Greed is good! More power to you!

I just reposted my STOCK MARKET DIDDLEY FROM DUDDLEY GUIDE The art of Finance isnt something that can be learned overnight... you may be lucky at times and perhaps make a big gain... but trust me its just luck... Finance is learned from years of experience, both positive and negative... there is a lot of research that goes into it, fundamentals, charts, etc. However, I can help you by providing my advise.

If its Internet and Start-ups well than you are in luck... i have found a great interest in it also and have done extensive research on local, regional, and global IT groups. I post some of my research on these groups on the other thread GREED IS GOOD! : FOREIGN STOCK MARKETS.

Good Luck to you!

[NoisyCricket]

thank you, dailo! truly I am welcome. truly I AM THE NOISY CRICKET!!!

i see you like the diddley-duddley-duwap. the name is yours, my friend. I will cut and paste your articles as a tribute to your most worthwhile knowledge.. as soon as I get home that is.. don't touch that post..!

[DAILO]

Stock Price Indices

Stock Index Index Change
PSE Composite Index 1,532.24 -10.73
Banking and Financial Index 577.470 -4.280
Commercial 2,243.150 -6.450
Oil 2.790 -0.070
Mining 1,752.35 -34.54
Property 513.030 -11.670
All Shares 652.690 -4.140

EVERYTHING DOWN! NO VOLUME... WHAT A SAD MARKET

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW Change %Change VALUE

SGR Central Azucarera Don Pedro 0.790 0.990 1 0.890 0.200 25.32% 2,455,500.0000

PTT Philippine Telegraph and Tel Corp 0.52 0.60 0.60 0.44 0.08 15.38% 10,400.0000

UW Uniwide Holdings Inc 0.440 0.480 0.480 0.450 0.040 9.09% 3,580,783.2500

PO Polar Mines and Development Corp 0.0180 0.0190 0.0190 0.0180 0.0010 5.56% 76,300.0000

SEVN Philippin Seven Corp. 4.75 5 5 4.70 0.25 5.26% 1,922,800.0000

VITA Vitarich Corporation 0.480 0.500 0.500 0.500 0.020 4.17% 35,000.0000

MRC MRC Allied Industries Inc 0.610 0.630 0.650 0.620 0.020 3.28% 2,822,700.0000

EVER Ever Gotesco Resources and Holdings Inc 0.0775 0.0800 0.0800 0.0800 0.0025 3.23% 104,000.0000

OV Philodrill Corporation 0.3500 0.3600 0.3600 0.3600 0.0100 2.86% 18,000.0000

CMT Southeast Asia Cement Holdings 0.370 0.380 0.380 0.330 0.010 2.70% 161,471.3594

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW Change %Change VALUE

VUL Vulcan Industrial and Mining Corp 0.3500 0.3000 0.3100 0.2900 -0.0500 -14.29% 105,000.0078

FCC Fortune Cement Corporation 0.45 0.40 0.40 0.40 -0.05 -11.11% 20,000.0000

EBCW Equitable PCI Bank, Inc. 1.900 1.700 1.700 1.700 -0.200 -10.53% 17,000.0000

APX Apex Mining Co Inc 0.0110 0.0100 0.0100 0.0100 -0.0010 -9.09% 362,000.0000

ANS A Soriano Corporation 0.490 0.450 0.450 0.400 -0.040 -8.16% 247,000.0000

MAC Macroasia Corporation 4.350 4 4.400 4 -0.350 -8.05% 4,472,851.5000

BHI Boulevard Properties Holdings Inc 0.2600 0.2400 0.2400 0.2400 -0.0200 -7.69% 108,000.0000

CHI Cebu Holdings Inc 0.660 0.610 0.610 0.610 -0.050 -7.58% 6,100.0000

GEI Global Equities Inc 0.7400 0.6900 0.7400 0.6700 -0.0500 -6.76% 5,139,100.0000

MA Manila Mining Corp 0.0075 0.0070 0.0070 0.0070 -0.0005 -6.67% 7,000.0000

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW Change %Change VALUE

SMCB San Miguel Corp 52.50 52.50 52.50 52 0 0.00% 75,793,248.0000

MBT Metropolitan Bank and Trust Co 204 204 205 202 0 0.00% 51,171,080.0000

AC Ayala Corporation 7.80 7.80 7.80 7.80 0 0.00% 44,951,400.0000

TEL Philippine Long Distance Tel Co 785 785 790 785 0 0.00% 44,906,352.0000

RPC Reynolds Philippines Corporation 0.900 0.920 0.920 0.910 0.020 2.22% 27,249,800.0000

BPI Bank of The Philippine Islands 81 81 81.5 80.5 0 0.00% 0.0000

SMC San Miguel Corp 52 52 52 51 0 0.00% 0.0000

BPC Benpres Holdings Corp 4.15 4.15 4.20 4.10 0 0.00% 8,804,800.0000

MEG Megaworld Properties Holdings Inc 1.240 1.260 1.260 1.240 0.020 1.61% 7,677,516.0000

CHIB China Banking Corporation 700 700 700 700 0 0.00% 0.0000

[lupuS]

Something is going on...who's buying SEVN? That stock's been sleeping for so long.

[DAILO]

GOOD MORNING MANILA!
GOOD LUCK in your Trades today!

GREED IS GOOD!

[DAILO]

The only advantage of a thin market is that prices tend to become exaggerated because there is veru little buying or selling pressure. thus, prudent players should in fact be looking at the depressed prices for opportunities to make a killing.

For the longest time, we've been looking at second and third-liners because that's where all the action has been. Action means money--even if we're just talking of piecemeal profits. Now, the profitability of that strategy seems to be waning. All those "story"-stocks have been quickly bought up and sold down just as quickly.

Those who want to make real money should already be looking at the first-liners for opportunities. When the big foreign funds start dumping their cash here again, definitely the blues will be the first to move.

Examples are FLI and PCOR--trading at around 1.8 and 1.5 respectively. Both have an immediate target of 3 bucks. That's doubling your money at very little risk. I'm not saying buy these stocks now, but when the big wave starts, it usually catches everyone unprepared... and bitter.

Wise investors are fearful when everyone is greedy and greedy when everyone is fearful. Warren Buffett said that. Maybe it's time for everyone to listen.

GREED IS GOOD!