Wednesday, December 10, 2014

SECB--my biggest winner this year

Im writing for posterity that I sold three weeks ago all of my SECB at 23%+ gain. SECB delivered the highest absolute gain for me this year because I accumulated quite a huge chunk since last year (part of the total holdings has been with me for more than a year).

It took some time for the market to digest the growth promise, ambitious plans, and vaunted results (earnings report) on recent quarters, but SECB reached there in the end. I also though the increases were strong and fast this last 6 months, which eliminated my temptation to dispose all at 10%.

Im still beating the index this year, but the gap has been lessened. I was keeping more cash than should have been, while the index bounced already from 6900 to 7300.

My buy posts have been hit! My buy posts have been hit!

Im writing for posterity that my bid posts at AGI at 24 and 23.5 (one tranche each) have been hit. I will accumulate this stock at every one or two peso breaches, even if it tumbles down to 10 PhP per share.

My buys were also hit in MBT at 81 and 80.3. Let's see how hard this bank will be hit again. I bought and bought here last year even if it went down to 70 - 72 range, and then only began selling when it neared 80. 

My add (main port) at 1.50 in FLI  were also hit. I also purchased (comeback) FLI in my nimbler port at 1.51. FLI is a decent-dividend paying property issue, so I will buy and buy even if this goes below 1 peso. 

I placed buys in TEL at 2700, PGOLD at 36.1 and 37.3. 

Looks like the cash position that I rigidly kept will be put to good use use in the coming days. Im not minding much the oil price angle this round that's supposed to be pulling down prices of equities worldwide. Will just need to concentrate on a few favorite, fundamentally-sound, preferably dividend-paying stock. 

If youre short on cash position, it could also be good to cut loss and dispose of your speculative stocks now. The fund could be put to good use somewhere else. 

Noticed that BLOOM went down 9%, MPI back to below 5, SMBPH back to 16 again,... hmmn. Need do a deeper study, sifting, and hunting during the weekend.  

For now, I need to go back to work. Day job beckons. 

Tuesday, December 9, 2014

WARNING: The foreigners are selling

Whether it is due to Hagupit or low GDP is not that important. 


The more important thing is to ready cash to get in to favorite stocks previously left behind.

My buys in TEL at 2900 and 2800 at one tranche each were hit in a few short days.

Since I don't have time to monitor the market, I will likewise place good-til-cancelled buys on other faves.

The locals are defending. I suspect our countrymen will be successful on other stocks, but will fail on others.

It's should be exciting to observe how resilient are we this round compared to last year.