PSE Round-Up: February 19, 2013

PSE Market Summary:

The Philippine Stocks Market is up by 55.49 or .85% to close at 6,620.72. Total trades recorded were 39,569 with 75 stocks advances, 94 declines and 52 stocks unchanged. 

PGOLD Net Sales Grows 47.4%

Puregold Price Club, Inc. (PSE:PGOLD) posted consolidated net sales of P57.47 billion, compared to P38.988 billion in 2011 or a 47.4% increase. The increase was mainly due to sales coming form newly opened stores. Net income increased by 75.9% from P1.545 billion to P2.718 billion. 

PSE Round-Up: January 14, 2013

PSE Market Summary:

The Philippine Stocks Market was up by 42.15 or .70% to close at 6,093.90. Total trades reached 28,471 with 94 stocks advances, 71 declines and 44 stocks unchanged.

MEG Allots P25B in Iloilo

Megaworld (PSE:MEG) allots P25 billion for the entire development of the Iloilo Business Park. Outside of Metro Manila, Iloilo stands at the center of real estate expansion of MEG.

PGOLD Acquires 15 Foodmarts 

Puregold Price Club, Inc. (PSE:PGOLD) announced the acquisition of 4 foodmarts and 15 Grocer E Supermarts from Company E Corporation. The acquisition shall be via purchase of all its outstanding shares.

PSE Round-Up: January 4, 2013

PSE Market Summary:

The Philippine Stocks Market was up by 37.40 or .63% to close at 5,971.45. Total trades were 27,323 with 98 stocks advances, 67 declines and 49 remaining unchanged. PSEi is up by 158.72 or 2.73% for the first week if 2013.

PGOLD to Continue Expansion in Mindanao

Puregold Price Club, Inc is set to allocate P3 billion for expansion projects in 2013. The expansion will mostly focus in Mindanao area, adding to the existing 156 stores, including 36 new stores opened in 2012.

PSE Round-Up: December 27, 2012

PGOLD Declares Cash Dividend

Puregold Price Club, Inc (PSE:PGOLD) declared cash dividend as follows:

cash                            =            P.20 per share

ex-date                       =            Jan. 9, 2013

record date                =            Jan. 14, 2013

payment date             =            Feb. 7, 2013

PSE Round-Up: December 12, 2012

PSE Market Summary:

The Philippine Stocks Market was down by 11.71 or .20% to close at 5,819.79. Total trades recorded were 31,926 with 99 stocks advances, 71 declines and 43 remaining unchanged.

APM Gets P 74.81B Infusion

Alcorn Gold Resources Corp (PSE:APM) approved the P74.81 billion equity infusion by businessman Lucio L. Co paving the way for the dormant oil and mining company to transform as a holding firm for Co's other businesses. The subscription will give APM ownership to various businesses as follows:

• 51% in supermarket operator Puregold Price Club, Inc.; 
• 100% in commercial property developer and lessors Ellimac Prime Holdings, Inc.; 
Go Fay & Co.; Incorporada; SVF Corp.; Nation Realty, Inc.; 118 Holdings, Inc.; 
Patagonia Holdings Corp.; Fertuna Holdings Corp.; 
• 100% in liquor distributors Premier Wine and Spirits, Inc.; Montosco, Inc.; and 
Meritus Prime Distributions, Inc.; as well as 
• 100% in oil storage tanks and facilities lessor Pure Petroleum Corp.

Stocks Investing Lessons Learned the Hard Way

I started investing September last year. But even before I decided to start, I have read a lot of books on investing. I would scour for books in National Book Store or download company materials from the PSE website to learn more of investing strategies and of course, the companies I wanted to invest in.

The tension in Greece and the global financial crisis was on top of everyone's mind that time. By October and November, all the stocks were down. There were even fears that there was a bearish sentiment. I had to endure around 10% loss on my portfolio. The good thing was I still have emergency cash to add to my investments. It helped because I could buy more stocks, only much cheaper this time. I used the additional funds mostly buying more stocks from the ones I already held. In Ctisec/COL financial terms, I simple used peso-cost averaging. 

Two particular stocks caught my attention - EEI and PGOLD. EEI Construction was priced at around 3.30. It was November, and the government has not yet laid out a clear plan on its Public-Private-Partnership, a move seen by many to largely benefit construction companies. Looking at EEI's financials, their numbers looked solid. Their revenues were coming from different projects with clients including SM, DMCI, Ayala, RCBC, Globe - almost all of the big names which are currently constructing large buildings and new offices. You only have to go in Bonifacio Global City and check out how many ongoing constructions are being done by EEI simultaneuously. My gut tells me the stock will soon double. I decided against it. Now the stocks is priced somewhere at P8.80. I was still lucky I caught it around P6.50.

Puregold, on the other hand, was not getting the attention it deserved. The company which was touted to directly compete with SM's Hypermarket were being snubbed early on. After its initial public offering at P12, it fell somewhere at P11.40 in days. A bailout plan was released for Greece, and the stocks market was alive again. I bought PGOLD when it went back to P12. I sold it weeks later at P15, only to buy it back again at P18. I eventually sold it again when it reached P24. Now the stock is trading at around P29-P30. I plan to buy again when it pulls back to P26-P27 range.

There were three main lessons I learned from these events. 

One, always have an emergency fund. The market may be well and good today, but you will never know when the next bearish market comes. For those who are new in stocks market, this is perhaps the most important advice you should take. You may not think that the stocks market will eventually have its down period, but believe me it will happen. Nobody knows when exactly, so the best way is to allot some money that can help augment your investments when the market is down.

Two, Learn to trust the numbers. I've spent countless nights looking at company financials analyzing which for me was the best investment. EEI was right in front of me and I let it slip by! When you invest in stocks, do not look which companies are popular because more often than not, they are already well invested in. Look for the ones with strong fundamentals and the stocks price will soon go up.

Three, as the old adage goes, patience is a virtue. Imagine if I only held on to my PGOLD stocks when I first bought it at P12. My profit wold have been almost three times! Also, trading costs no matter how small it is, still reduces your profit. The reason why I still plan to buy PGOLD is I believe it hasn't yet reached its peak, and this time I plan to hold it until their performance slows down.

I could give more lessons I have learned this past year, but none sticks with me more than these three. I could have posted larger profits if only I knew all of this, but I got something far more valuable than large gains - I learned.

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PSE Round-Up: November 13, 2012

PSE Market Summary:

The Philippine stocks market ended its 3-day rally to close lower by P14.78 at P5,455.92. Total trades were down to 22,669 with 69 stocks advances, 91 declines and 52 stocks remaining unchanged.

 

PGOLD Posts 67.2% Increase in Net Income

Puregold Price Club, Inc. (PSE:PGOLD) reported net income of P1.802 billion for the nine months of 2012, up 67.2% compared to P1.078 billion same period last year. The growth was mainly due to increased sales turnover and acquisition of S&R Warehouse Club. PGOLD shares increase by P.05 to close at P29.75.

AC Profits Rise 19%

Ayala Corporation (PSE:AC) reported consolidated net income of P8.7 billion for the first nine months of 2012, 19% higher than last year. The strong earnings was mainly due to robust income from its core and non-core businesses in property, banking and water sectors. AC stocks decreased by P7 to close at P443 per share.

AGI Earnings Up 48%

Alliance Global Group, Inc. (PSE:AGI) announced its core net income to P13.46 billion in the first nine months, up 48% from P9.12 billion in the same period last year. AGI stocks closed P15 per share, up P.02 for the day.

SMB Declares Cash Dividend

San Miguel Brewery (PSE:SMB) declared cash dividend as follow:

cash                               =                      P.14 per share

ex-date                          =                      Nov. 22, 2012

record date                   =                      Nov. 27, 2012

payment date                =                      Dec. 5, 2012

ACR Revenues Up 9%

Alsons Consolidated Resources, Inc. (PSE:ACR) reported a 9% increase in the past nine months of 2012 to P2.27 billion from P2.08 billion same period last year. ACR stocks increased by P.01 to lcose at P1.40.

PSE Stock of the Week: PGOLD and the Reason Why We Invest

The stocks price movement Puregold Price Club Inc. gives us the perfect example why we people love to invest. If you look at their chart from the time of its initial public offer (IPO) October last year, you will see a steady rise on its price. This is in stark contrast to EEI or TDY where there is a sudden upward movement in a matter of days.  

Puregold's stock chart since IPO

PGOLD was not well received when it was first traded in the exchange. It came at a time when the debt crisis is in everyone's fears and most people declined to make transactions until further development. The stock was priced at 12,and it immediately declined to its all time low the next day to close at P 10.68. It only recovered going in the early weeks of November jumping from P 12.74 to P 14.48 in November 4 trade. The stock had consistently ascended since then. It range trades between 28 to 29.8 the past week and does not show any signs of being overbought. It had already increased 2.46 times already and its strong financial performance make investors comfortable with the company. PGOLD has also aggressively joined roadshows to pursue investors abroad and broaden its company brand. A good investment, if you ask me.


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PSE Round-Up: August 28, 2012

Market Summary:

The Philiipine Stocks Exchange closed at 5,175.62 higher by 32.27 points or .63% from friday's close. Most sub-indices closed in the green, led by Property (2.45%) and Holding firms (1.02%). ETON led the advancers surging by 28.90% to close at 4.55 per share. 

FGEN and MER in Talks for Possible Partnership

Meralco PowerGen Corp. and First Gen Corp. confirmed initial talks for a possible partnership to build a Batangas gas project. The natural gas-fired power in San Gabriel is estimated to generate up to 500 megawatt.

ALI Issues Bonds, Declares Dividends

Property developer Ayala Land Corporation approved in its board meeting today the issuance of up to P3 billion bonds with 3-year maturity. The proceeds could be used to fund its FTI acquisition. The company also declared cash dividend with below details:

Cash = P .10385223 per common share

ex-date = Sept. 12, 2012

record date = Sept. 17, 2012

payment date  = Oct. 8, 2012

ANI to Allocate Resources for Expansion

Agribusiness firm Agrinurture Inc. confirmed reports to allocate around P1 billion to help augment rice output in the Philippines. Meanwhile, its Big Chill fruit shake business look to expand overseas eyeing Hong Kong as a prime location to open several stores.

PNOC and DOE agree for Sub-Phase Extension

The Department of Energy has approved the 12-month extension request of PNOC Exploration Corporation to complete its Sub-Phase 2 (SP2) project. This will give the company more time to secure a rig and prepare the drilling of the Apribada project.

Series 2 SMC Prefererred Shares Selling Period Extended

San Miguel Corporation announced that it will extend the selling of its Series 2 preferred shares  until Sept. 4. HSBC is the sole issue manger for the offering.

GLO Allocates $ 400 million Capex

Communications company Globe Telecom, Inc. confirmed it will set aside $ 400 million for capital expenditure (capex) in 2013. The budget will help finance its bankroll telco operations and and completion of its network modernization program.

LRI to Expand Cement Production Capacity

Cement and constrution company Lafarge Republic, Inc. target to supply around 1,000 kilo tons  

of cement per year by adding production capacity. . This will to help boost strong demand and lessen the backlog as construction projects continue to grow.

PGOLD Target 71% Increase in Net Profit

Retailer Puregold Price Club, Inc. remain optimistic as it expects 71% year-on-year increase in net profit. The calculations were based on revised guideline on forecast and strong reception from customers.