Weekly Report - October 29, 2010

I was a bit afraid to enter any new positions this week. I just don’t feel that confident lately and I don’t have a particular bullish stock in mind except for the ones I have but I don’t want to average up yet. I’m still satisfied with my current holdings and I can always wait for the right time to use my spare cash. With the exception of ALI, my red stocks are good as in their sideway movements. Too bad that ALI is my third largest holding which significantly drags down my profits.

DMC & MPI had been spectacular this week. My MPI is about to overtake my EDC now in terms of gain. I read today that GMA7’s Q3 profit was down by 26% which should be expected because political ads were already prevalent on the same period last year. I still believe that this stock will perform because of improving ratings. By the way, I made a spreadsheet before on how media stocks GMA7, GMAP, & ABS perform a few months before a national election to a certain period which is also a few months before that election. I tried to search it in my laptop but what I found is the profitability spreadsheet of different Farmville seeds per unit time  :)) It may be basic but it’s interesting. Anyway, I’ll just try to make it again and post it here.

On a week on week basis, my portfolio was up by 1.06% compared to PSEi’s -0.42%. Here’s the composition of my portfolio for the week.

A Disconnected (E)-Life

I was not able to update my blog lately for one good reason - my damn internet connection at home is gone. After waiting for a year and being able to use it for a couple of days only, my fiber optic box suddenly fails to authenticate itself to the network. Pinasabik lang ako..  :((


I just had a very small time of peeking price actions in the market from the site. On CEB's debut last Tuesday, I was about to write about it's 'high flying' first day performance but today, it's not applicable anymore. Really, I still have a lot to learn in the market. Is it possible to use the 'stabilization fund' to buy the 'over-allotment shares' to jockey up the IPO?  :-) I hope on our vacation on December, we could attend a fundamental and technical analysis seminar so that I can make this blog a little more informative and device my own S.M.A.R.T. trading strategy.

Weekly Report - October 22, 2010

Today, I woke up late and the market was already closed.  :,(
Anyway, I don't have any plans of selling. I was just happy to see that most of my issues were significantly up today. I was  a little frustrated after being outperformed with the big gain of the PSEi yesterday, 0.50% vs 1.36% but good thing I got a pretty good rebound today.
On a week on week basis, my overall paper gain was up by 1.24%. MBT made a good come back while my ALI seems to continue its down trend. How long shall we still wait for this freakin' REIT? I read somewhere that foreign funds are starting to lose their appetite because of this delay. Same with this PERA law (our local 401k fund), I wonder how many more years before we could benefit from it. It was already signed into a law more than 2 years ago but we're still waiting for that IRR.
Next week, Cebu Pacific will be listed and I'm excited how it will perform.  :) I'm only planning to hold the stock on a short term basis. Yesterday, I tried to post a SLI at 1.95 but it went only to a low of 1.99. I wanted to range-trade it. Gambling in stocks is really tempting and it can't be helped.  :)


Here's my portfolio for week.

Finally, an E-Life Connection =)

'E-Life' is the FTTH (fiber-to-the-home) product/service of Etisalat, the local mobile operator here in UAE. Literally, FTTH is a (not so) new technology that connects your home directly to a single-mode fiber optic instead of the usual copper of DSL. In short, it's a super speed internet connection.


After more than a year of application (yes, I first applied for this service April of last year and this has been my third application), I finally got my connection this morning! Well, that's how monopoly works but, WOOHOOO! I was sooo deprived of downloading because my previous internet connection was data-metered which means I have a certain limit of data download per month (mine was 5GB at AED295/mo., ~Php3,500 - quite pricey but then again, that's how monopoly works) plus the connection is so slow and the ping response is very poor which means that aggressive monsters on online games will easily kill your helpless avatar because of lag and you will destroy a good game of DoTA in Garena by suddenly getting lost. Finally, I can watch Bleach, One Piece, and Naruto episodes again instead of just reading the manga, I can download all the Simpsons episodes, my incomplete SouthPark seasons and all the series and movies I want, I can play a pretty responsive DoTA Garena with my cousins in the Philippines, I can revive my assassin in pRO Valhalla, I can connect my PS3 to the PlayStation network and more. I was so excited that I can't concentrate in my work site.  =)


Well, what am I getting at? Ummm.. Nothing.. Since this is a diary, I just wanted express what I feel.  =) 
These are actually things that I'm trying to imply. First, I want to show that I am a very usual guy who does typically immature stuff but still, I am profitably trading in the stock market with my not-so-broad knowledge. Second, I want to express that something in me worries me that I will get pretty occupied with all of these things that I won't find reading about the stock market interesting anymore. For the meantime, maybe I would just ask Kan to do the stocks homeworks while I'm getting rid of this excitement 'til magsawa ako.  :)

Update - October 18, 2010

I was just observing the prices in my watch list 15 minutes before the closing. Out of 25 issues in my list, only 3 are green (positive). I wonder what's that little 'hole' in the PSEi at around 11am... I hope anyone can shed some light here..

Anyway, here's the current composition of my portfolio. I already added Cebu Pacific since Citisec already debited my account on the few shares I purchased. If you're wondering why my average price is 126, that's because it includes the sell charge assuming that it's trading at Php125 and I sell it at that price. If you're also wondering why my effective annual return is very volatile even with slight changes in my portfolio, that's because my fund is very young. :-) 
Check out my computation here.

Weekly Report - October 15, 2010

It has been a hectic week for me at work so I just had a little time to peek the market. All I did this week is buy GMA7 and MBT and subscripe a few shares of Cebu Pacific's IPO. Tuesday's major correction was supposedly a good time to hunt bargains but unfortunately, because of fear, I wasn't able to buy anything. I shouldn't have been 'barat' when I posted a PNB at 60. Properties were a little battered this week before the strong rebound yesterday. MEG was the best stock for me this week after it reported a pretty good sales. As for MBT, I did not expect that a news of a stock rights offer can dilute its value to as much as 9.4%. I still believe on the strength of this stock so a took a little more shares at 69. 
Anyway, here's the status of my portfolio this week.

My First IPO Subscription

I have been reading a lot about Cebu Pacific's initial public offering (IPO) lately, and I guess around 80% of the comments and blogs I read say that its IPO price of Php125/share is quite expensive. 10x P/BV, 22 P/E2010, etc. Well, I don't care.   :-)  As a newbie, this is the first major IPO so I want to be a part of it. I just bought a few shares equivalent to 2.5% of my total portfolio so it doesn't really matter.  :) 

Today, I bought a few GMA7 on a rating-speculation play at 7.46 (I'm obviously a Citiseconline client). My property sector dropped sharply also today making all my property stocks (as in all) in reds. ALI just can't settle in the 18-level...

DMC continues it strength even with our market being down by 18 points. I also noticed AT, my old speculative stock surge today (no regrets!). 

Anyway, here's my portfolio of the day. I will not include Cebu Pacific yet 'til its listing on October 26.

Weekly Report - October 8, 2010

This week has been spectacular for DMC. In just a matter of one week, it has already surpassed the profit of my long-held and favorite EDC. I'm planning to keep this stock and wait 'til the PPP convention in November. MPI was also great. It has peaked to as much as 4.13 before correcting to 3.98 today. A further correction will make me accumulate this stock next week. 


Anyway, here's the weekly summary of my current holdings and profits/losses. All my holdings were up except for FLI (click here for my last week's portfolio). That's all I did this week, one sell order of SLI and peek every now and then on major price movements.

A Gambler No More

Today, I was able to dispose my SLI at 2.40 with a minimal gain. I bought that stock only due to pure speculation, without having any figures whatsoever. And I guess, that's no different from gambling.  :-)  No wonder stock market trading is just as addicting as playing in a casino. For me, I think investing is a pure science. If there are particular people who are well known in their scientific fields like Stephen Hawkins in physics, the same should go to the science of investing where the like of Warren Buffett has emerged as (one of) the best.

Stocks Volatility

Our market was up by more than 70 points today and luckily, all of my issues were up (or that should just be normal for such a market index gain). In just a matter of one trading day, 4 out of my 6 losing stocks for weeks are now in the positive region and just two were left in reds, MBT & VLL. I believe these are strong stocks so I won't mind holding them for months. What I missed today is the rally of SLI when it reached 2.50 which happened between my travel from home to office. I was very willing to sell it at 2.40. Anyway, I made an off-hour order at 2.50. If it won't get executed, I will sell it on whatever price above 2.30 when I wake up (that would be around 10:15am Phil time). I am bearish on the stock because I don't want to be a speculative-type anymore. I want to be more of an investor rather than a gambler.  :-)
Here's the status of my portfolio as at end of October 4, 2010 trading day.

I intentionally changed the color/format to put distinction from my weekly report.   =)

Weekly Report - October 1, 2010

My position almost remained unchanged the whole week. Because of the down trend of mining, I sold my PX and AT while still at profits. I don't know how long will my greed keep me for holding EDC much longer. I still see a clear uptrend on the stock based on technicals and fundamentals.

I am still undecided on what stock to buy with my spare cash. For now, I'm satisfied with my positions. I can always wait for the perfect bargain before I add up some again. Maybe MEG at 2.20 or MPI at 3.50.