money Stock Market

[rontan2014]

During the Asian Crisis, the markets were raided. A lot of sell was basically to damage the sentiments and undervalue assets. At least two Asian markets detected the situation early and did something to defend their interest and protect themselves from mercenary attacks.

 

Hong Kong intervened by buying all shares below the declared present value. This stopped the meltdown. Years later it was seen as the most astute decision since government held shares multiple times its acquisition price. The mercenary traders like Soros was complaining that government got no business in a free market but in this case, it protected the currency and the market from unwanted interference.

 

Malaysia too defied the IMF instructions for adjustments and weathered the crisis. It came out stronger. http://samcheekong.blogspot.co.id/2012/08/how-malaysia-handle-asian-financial.html

 

The Philippines just waited till the crisis is over. But our managers failed to follow up, now even Thailand has moved further. The Thai Bhat used to be 1:1 with the Ph Peso. Now it is doing a lot better than the Peso with 33 Bhat/US$ vs 50 Peso/US$. All we can see is other countries like Vietnam overtaking us. What is going on? But anyone who realizes the situation will understand that this country has been mismanaged, but the assets are a lot greater than what the market value them. The economy is still undervalued.

 

We may have very good Central Bankers with sound monetary policies, but our leaders are s@%t. Especially the lost years of Erap and GMA, with nonsense fiscal policies. PNOY tried to curb our foreign debt but thereby sacrificing badly-needed infrastructure for mass transportation like subways, railways, etc.

 

But what I think hurt us the most is the systemic culture of corruption. A corrupt country is an inefficient country and just plain bad news to investors. Also, our leaders have different roadmaps leading to short-term tactical bandaid solutions. We don't have a long-term strategic coordinated high-risk high-return investments. South Korea decided with shipbuilding/heavy industries in the 60s. Taiwan via electrical/electronics in the 70s. Singapore via logistics/manufacturing in the 70s. Now, these countries are the largest OEM in the electronics/PC industries. And because of China, they're starting to shift in advanced technologies like biotech and fintech.

 

Alas, PH is basically a manpower services industry: OFW, BPO, and Seafaring. We must leapfrog and create a strong middle class by investing in future economies: green energetics, blockchain, nanotech, advanced chemicals/materials, etc... The usual route of labor-intensive manufacturing isn't attractive anymore because of China and India. Although, shipbuilding and offshore oil & gas platforms may still fly because we have highly skilled welders and tradesmen. But the better path is to leapfrog and take risks in emerging and disruptive technologies and services. Our ability to mimic the American English accent is a huge advantage. Let's maximize that.

Edited July 20, 2017 by rontan2014

[jacuzzi]

What I am saying is the country seems to have absorbed all those external attacks and never recovered from them. The peso is still down, the markets frozen to a fault. Will there be progress?

 

Politicians will have the tendency to blame one another, just look at the US. But the stock market is upbeat because companies got innovation, technology is moving forward, new finds that add up to reseves or resources, etc.. We should be immune from politicians and get upbeat because of.fundamental issues like the Philippines is no North Korea where the fate of everything rests on one despot.

[HunkDavao]

A weak Peso would create havoc on an IMPORT heavy economy.. I remember our ice cream plants closing in the Thailand Forex debacle in 1997 due to its dependency on imported milk.

 

But a weak Peso means heaven to our USD earning population including EXPORT and BPO sectors.

 

So I wouldn't lose hope even if Peso reaches 55. I may be biased as I am from Davao.. but I am waiting for the Multiple Infra projects to start rolling. That would cause a domino effect in our economy and might eat up all the losses from the weak PESO.

 

...

 

but back to Regular Programming

 

 

what's up with LSC??? s@%t. i was waiting for it to dip to 1.6 from 1.8.. but it just leap frogged yesterday to 2.25 ... nak nang.. di ako nakasakay.

[sevenjon]

pwede ko ba tanungin to,

but how did you guys started?

[geekyjuan]

pwede ko ba tanungin to,

but how did you guys started?

open ka ng account sa colfinancial.com

[rontan2014]

A weak Peso would create havoc on an IMPORT heavy economy.. I remember our ice cream plants closing in the Thailand Forex debacle in 1997 due to its dependency on imported milk.

 

But a weak Peso means heaven to our USD earning population including EXPORT and BPO sectors.

 

So I wouldn't lose hope even if Peso reaches 55. I may be biased as I am from Davao.. but I am waiting for the Multiple Infra projects to start rolling. That would cause a domino effect in our economy and might eat up all the losses from the weak PESO.

 

...

 

but back to Regular Programming

 

 

what's up with LSC??? s@%t. i was waiting for it to dip to 1.6 from 1.8.. but it just leap frogged yesterday to 2.25 ... nak nang.. di ako nakasakay.

But multiple infrastructure projects are debt-oriented bro. Unless the PSE soars when foreigners invest heavily that will essentially negate those debts.

 

I think it's an expectation that LSC will be bought after Chelsea's IPO.

 

What I am saying is the country seems to have absorbed all those external attacks and never recovered from them. The peso is still down, the markets frozen to a fault. Will there be progress?

 

Politicians will have the tendency to blame one another, just look at the US. But the stock market is upbeat because companies got innovation, technology is moving forward, new finds that add up to reseves or resources, etc.. We should be immune from politicians and get upbeat because of.fundamental issues like the Philippines is no North Korea where the fate of everything rests on one despot.

I think the Central Bankers just eased the previous (Asian crisis) exchange rates to long-term (depreciated) exchange rates by growing the money supply.

 

The only way to appreciate the peso is to increase our dollar reserves via net foreign buying and remittances. Again, tactical bandaid solutions.

Edited July 21, 2017 by rontan2014

[rontan2014]

pwede ko ba tanungin to,

but how did you guys started?

 

Attend free seminars (fundamentals and technicals). Open an account, at least 25k... My favorite broker is 2TradeAsia, low volume, very fast. With my previous broker FirstMetroSec, sometimes I encounter traffic.

 

I recommend these books for beginners:

1. Stock Investing for Dummies - Paul Mladjenovic

2. Technical Analysis for Dummies - Barbara Rockefeller

3. The Intelligent Investor - Ben Graham

 

You can also download an e-book about valuation and value investing,

http://investingengineer.com/

 

[mr_prince]

ayaw talaga umakyat ng 8,000, para makalipad na!

[HunkDavao]

ayaw talaga umakyat ng 8,000, para makalipad na!

 

Malakas resistance ng mga Blue Chips.. benta agad

 

 

Market is UP.. but my portfolio are all RED. one of those days.

[mr_prince]

 

Malakas resistance ng mga Blue Chips.. benta agad

 

 

Market is UP.. but my portfolio are all RED. one of those days.

 

 

walang catalyst eh, yeah, break even din ako haha

[rontan2014]

Malakas resistance ng mga Blue Chips.. benta agad

 

Market is UP.. but my portfolio are all RED. one of those days.

walang catalyst eh, yeah, break even din ako haha

 

Ano ba portfolio nyo at trading style?

 

As for me, I'm all green... Nag concentrate lang ako kay Wilcon. Fundamentally driven. Long term only.

Edited July 25, 2017 by rontan2014

[HunkDavao]

 

Ano ba portfolio nyo at trading style?

 

As for me, I'm all green... Nag concentrate lang ako kay Wilcon. Fundamentally driven. Long term only.

 

Port ko puro less than 10-20 for now eh.. mga volatile talaga.. BLOOM, EMP, GERI, EAGLE, X, SGI .. honestly more of technical style than funda...

 

hinihintay ko Dip ng WLCON before re-entry...

[sirheinrichcu]

gained alot from the up and down of pldt.

sell your petro share now

[sirheinrichcu]

The reason why the dollar is going stronger now is because of San Miguel paying a huge amount of dollars going out of the philippines.

[rontan2014]

Port ko puro less than 10-20 for now eh.. mga volatile talaga.. BLOOM, EMP, GERI, EAGLE, X, SGI .. honestly more of technical style than funda...

 

hinihintay ko Dip ng WLCON before re-entry...

Low liquidity, high volatility nilalaro mo. Nakaabang ka palagi sa screen nya parang nagbabantay ng bata. I don't have time to do that.

Buy high, sell higher ka na lang. Wilcon is a strong stock, baka mahirapan ka sa price na gusto mo. Yung re-entry ko momentum buy at 8.40, higher sa 8.25 sell ko nung binili ka sya at 5.05.

 

gained alot from the up and down of pldt.

sell your petro share now

Yup very good for range trade. I think Globe is also in similar predicament.

[HunkDavao]

Low liquidity, high volatility nilalaro mo. Nakaabang ka palagi sa screen nya parang nagbabantay ng bata. I don't have time to do that.

Buy high, sell higher ka na lang. Wilcon is a strong stock, baka mahirapan ka sa price na gusto mo. Yung re-entry ko momentum buy at 8.40, higher sa 8.25 sell ko nung binili ka sya at 5.05.

 

Yup very good for range trade. I think Globe is also in similar predicament.

 

True.. ever since i lost a client sa trabaho, i spent my idle time short term trading, kulang na lang may dealer sa casino dahil high risk Wilcon is indeed strong.. 2-3 days down, then upsurge ulit..

[rontan2014]

 

True.. ever since i lost a client sa trabaho, i spent my idle time short term trading, kulang na lang may dealer sa casino dahil high risk Wilcon is indeed strong.. 2-3 days down, then upsurge ulit..

 

Ah ok... A quote for you then.

 

 

“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!."

 

- Jesse Livermore

[mr_prince]

fundamentally good buy mga cement stocks, kaso walang gusto humawak lol

[HunkDavao]

 

Ah ok... A quote for you then.

 

 

“After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!."

 

- Jesse Livermore

Nice one bro!

[geniusguru]

Okay naman liquidity and volatility nyang bloom emp geri eagle x sgi. Di lang madyado attractive ung volatility ng emp and bloom. Then downtrending yang eagle x so wala ka pa masyadong mapapala jan. SGI seems uptrending and geri dipped after an awesome run up.

 

Trade lang kau ng uptrending stocks para walang stress masyado. It pays to have a good timing on entries.

[Nemo Outis]

baba kaya stock index this upcoming ghost month? cal natuluyan na delisted?

 

yup, delisted. good riddance

[tombone]

CAL if not mistaken there should be a tender offer of the company to buy back all there stock. the problem is at what price will cal buy back there stock usually it be cheap.

[geniusguru]

go picks for this month are PMPC PNX VITA PPC PHES. Avoid nyo muna blue chips since nowhere to go pa. Ung CAL is downtrending talaga so naging lesson learned yan dapat sa "investors". daming lumilipad na maganda tapos sa CAL pa nagpakulong. tsk2x.

[tombone]

this is not a recommendation but just a to be watch stock for next week IPO CLC will be at aug 8 , should be a good stock to keep, logistic is a new boom business. PXP also will be good because of the oil exploration on south china sea may have green signal is still a speculative stock. BRN will be a good one also is a energy stock chart is looking for a break out this coming week . due diligence for the above stock if going to buy.

[rontan2014]

Maaga dumating Aughost month dahil kay Chelsea Logistics