SemiRARA! GO RA!

Today was a big surprise when SCC (Semirara Mining Corporation) ridiculously gapped up, but closed to 220.8. I just found out that SCC has declared cash dividends of P10 per share. That's P4 more than the previous cash dividends they declared. I wonder if they would also declare an SRO that would accompany the cash dividends. :) Nonetheless, I am cheering for this stock tomorrow because this is great news and could potentially bring back investor confidence in SCC. In addition to the news, MACD, Stochs, and RSI are looking great for SCC.

AEV, Venturing Further?

It's 12:28 AM already. Sorry for the late post, but my head really ached this afternoon. Nakakasawa rin pala if you trade the whole morning and when you get home you would still be doing stock related stuff. Moving along with my review of the market, I found Aboitiz Equity Ventures (AEV) as a potential stock to pick for tomorrow (April 28, 2011). My oscillators are signalling a buy signal, and there is strong buying from DPW-Daiwa a while ago. I would probably buy on the dips because weekly chart and monthly chart do not paint a bullish picture for me. Best case scenario for me would be to trade this stock for the short-term and make money out of it while I wait for its son, Aboitiz Power (AP), to go down to the 30-30.5 levels and buying it again. 

Tsupita Tuesdays

I think today was a profit-taking Tuesday since some stocks went down after being up for the past few days. In spite of the bears selling their positions, there was a noteable force from the bulls when some stocks pushed up to close at a not so bad price. These include MEG, MER, EDC, and RLC to name a few. With regards to RLC, I personally see a potential uptrend, but without enough volume it can just be consolidating for now.

Today, I decided to buy MWIDE because its MACD made a cross-over. I will monitor this stock as it gapped up. It can either close the gap or continue to move higher for the next few days. For tomorrow, I'm eyeing on PNX. If its MACD makes a cross-over and there are signifcant buyers and sellers, I might consider buying this stock.

Easter Bunny's Eggs: Lopez Stocks

Last Wednesday, most of the Lopez stocks closed at a significant gain. For those who were able to closely monitor the market and to sharply buy LPZ, FGEN, or FPH last Wednesday, start rejoycing because these Easter Eggs may bring fortune and replenish your exhausted funds from the long weekend's spending. For those who may want to buy tomorrow, I can say that it's still safe to buy. I think that LPZ is going to resume its uptrend because it has already broken out of its reverse Head & Shoulders Pattern plus an appearance of a rising Three Methods Pattern confirms its bullishness. As for FPH, I see the maturity of a Cup & Handle Pattern, which signifies bullishness. Last but not the least, FGEN would likely continue its uptrend from the looks of what I believe is a Bullish Belt Hold Line. All my oscillators are alarming a buy signal on these stocks. On another note, my wildcard stocks for tomorrow would be APC and ELI --something's up with these two stocks. :)

Holding Period:	LPZ	FPH	FGEN
Short term TP (1 day to 4 days):	6	66.6	14
Mid term TP (5 days to 2 weeks):	6.5	68.2	17
Long term TP (2.1 weeks to 2 months)	7	72	21

CEB, Pearl of the Pacific or Still a Pearl Covered in Oil?

Since last week, I've been observing CEB's price movement. I am thinking that it might be building support around the 76-78 price levels. Last time I checked CEB's Annual Report dated last year, I saw strong fundamentals. In fact, they're even acquiring additional airbuses to accommodate the strong demand for air travel. Recently, they released a disclosure that their number of air passengers increased by 12% for the first quarter. Perhaps this is a reason why CEB's market price has been going up lately. Will this bring investor confidence already or will the rising prices of oil still smear the iridescence of the Pearl of the Pacific? As for CEB's chart, it looks like a descending triangle, but I see potential in its oscillators (MACD has potential to cross-over, RSI has more room to go up, %K Stochastic has already passed %D Stochastic). Let's see whether this recent upward movement of CEB is for the short term only or for a trend reversal. 

Short term TP (1 day to 4 days):  82
Mid term TP (5 days to 2 weeks): 88
Long term TP (2.1 weeks to 2 months): 100

Property Boom!

Today was a good trading day. The PSE is up by 29.56 pts, and a lot of stocks in various industries closed at a gain. One industry that I've been waiting for so long to go up is the Property Industry, particularly Megaworld (MEG), Filinvest Land (FLI), and Robinsons Land Corporation (RLC). I think any of these stocks would only strengthen one's stock portfolio, in case he or she doesn't have a property stock yet. I'd also like to share some notes I chatted down recently from my perusal of these stocks' company reports that covered until the period of September 30, 2010 (RLC and FLI) and December 31, 2010 (MEG).

MEG

• Net Income on a year to year basis is increasing at a steady pace.
• Has numerous projects and joint ventures with various companies such as with Resorts World Manila that will develop Newport City located at Pasay. 
• Promotes a Learn-Live-Work-Play real estate concept that combines residential, commercial, business, and leisure in one area. (i.e. Eastwood City, McKinley Hill, Newport City, etc.)
• Offers quality brands to customers and has strong sales business model that even reaches overseas.
• Has strong income coming from their sale and development of residential homes that mainly target the high-end market.
• Earnings Per Share at year end (Dec. 2010) is 0.196 

FLI

• Net income on a year to year basis is increasing substantially.
• Has few projects. One of its major projects is a joint venture agreement with Cebu City government to develop 50.6 hectares located in the heart of the City.
• Revenues increased from mall and office spaces mainly because of the acquisition of 40% of Africa Israel Properties (Phil.).
• Has strong income coming from their sale and development of residential homes that mainly target the middle-class market.
• Earnings Per Share at year end (Dec. 2010) is 0.12

RLC

• Net income on a year to year basis is increasing, but on a decelerating rate.
• Many projects are promising, yet are either in the planning stage or in the development stage.
• Has a well-diversified real estate development and operations portfolio, which includes the development of residential, offices, malls, hotels & motel real estates to name a few.
• Has strong income coming from their Commercial Centers Division (Malls)
• Earnings Per Share at year end (Dec. 2010)  is 5.48 

In my opinion, MEG would be a safe choice because of its strong financials (debt to equity ratio is only 0.27:1 at year end) and continuous delivery of quality projects and unique business models. Secondly, FLI is a growth stock for me because of its potential to increase their revenues substantially on a year to year basis. Lastly, RLC is still a strong choice for me because of its high revenues (let me reiterate earnings per share is 5.48 at year end) and its diversified portfolio in  real estate development.

Looking at MEG's and FLI's charts, their uptrend looks strong and intact. Next week, I expect MEG to take megasteps until 2.5 and FLI to fly up to 1.40. As for RLC, I wish it made a larger white real body candlestick to clearly signal a bull move ahead. Nonetheless, I am optimistic about RLC and expect it to erect ascending white candlesticks until it reaches 14.2 in the next trading days. Out of the three, I think RLC is still a good stock to take a position for the upcoming property boom.  These are all conservative tps. :)

Atlas Mining, Hammered the Last Nail to the Coffin?

The mining industry is outperforming the PSEi. PX, NIKL, LC/LCB, and MA/MAB have shown upward movement with momentum for the past few days! Why is Atlas Mining (AT) not in the roster?

While most of the attention is in PX, LC, and NIKL, AT might follow suit. That's good news for me since I can still probably bandwagon the mining rush. From my Technical Analysis (TA), I can see an uptrend about to start by the appearance of a hammer candlestick today, which can signal the death to Atlas' short-term downtrend. When you look at the bigger picture, AT's chart looks poised for an uptrend that will range moderately. Today, the oscillators are also signalling a buy as the %K stochastics has cross-overed %D stochastics, and RSI is showing a positive divergence. Volume is slowly increasing. Recently, they have also disclosed information that their 40th shipment of copper has been successful and the next shipment will be on April 25.

Personally, this stock will be in my watchlist for tomorrow.

Short term TP (1 day to 4 days):  16.2
Mid term TP (5 days to 2 weeks): 17.2
Long term TP (2.1 weeks to 2 months): 18.5