Trader's Logbook

MANILA – The Bangko Sentral ng Pilipinas expects inflation in October to have settled between 2.9-3.8 percent. BSP Governor Amando M. Tetangco Jr. said food prices would remain low, adding that the moderation reflects a downtrend on the back of sufficient supply of major food items. “These, together with the peso appreciation, could have offset [...]

I got news from Inquirer about 4 brokers fined for ‘suspicious’ trading of stocks This is actually a very welcomed development for traders and investors alike. At least we can participate in our stock market more soundly. Here is the news: Four stock brokers were penalized by Capital Markets Integrity Corp. (CMIC) in relation to [...]

Few weeks ago VITA rallied from around 0.5 – 0.6 range to a few notches above 1.0 Rumor had it that VITA will reach 1.00 because of the White Knight that will help the financially troubled company but based on this news it seems that they are still looking for one. How will this affect [...]

I came across with this trader test developed by Dr. Van K Tharp. After answering a few questions I got this result: You are a Planning Trader You tend to be decisive and to the point. You can spot logical inefficiencies in the market easily and take advantage of them, especially if you are pointed [...]

Is this serious? How can this be serious? Oh well, what can I say. SEC can’t get those big guns of the stock market movers so now they are targeting the small time hypers and bashers. How will they do it? I HAVE NO IDEA! News taken from Business Mirror The Securities and Exchange Commission [...]

Is this really true that Rich Dad Poor Dad becomes Poor? I was once an avid fan on his books and really it opens up my eyes about financial freedom. Although I never followed his styles of doing business but at least it opened my eyes that I can achieve financial freedom on my own [...]

With PSEi up for a new all time high, our chances of making more gains for the coming years be it on stock market investing, trading or mutual funds is becoming more convincing. Today PSEi breaches 5,400, closes at new all-time high MANILA – The Philippine benchmark index on Thursday closed above the 5,400 level [...]

Content of the Offering Memorandum dated September 14, 2012 Please be informed that the Board of Directors of The Philippine Stock Exchange, Inc. (“PSE” or the “Exchange”), in its regular meeting on September 12, 2012, approved the application of COAL ASIA HOLDINGS INCORPORATED (“COAL” or the “Company”) for the initial listing of 4,000,000,004 common shares, [...]

This news about ALI recalling the P6-billion proposed development project is a bad news to people in Bacolod. I wonder how many jobs could have been created and opportunities for other business-minded people. Bacolod City – Ayala Land Inc. (ALI) has withdrawn its P6-billion proposed development project in the 7.7-hectare property of the Negros Occidental [...]

Just something for the Philex investors to hold on to. MANILA – Philex Mining Corp. said it is on track to meet its February 2013 deadline for submitting its Mine Project Feasibility Study on the Silangan tenement. The country’s biggest miner told the Philippine Stock Exchange that the Silangan Project is on schedule to start [...]

I am convinced that this year is not the year for the Mining Sector. Too many problems they are encountering. I remember early on, I was very bullish about MARC and invested a good number of shares. I was with the impression that it will shoot up because of the ban from other countries to [...]

News from INTERAKSYON seems not favorable for those who are holding NIKL this time. Will there be a big sell off that will happen on Monday? Source: http://www.interaksyon.com/business/42651/water-contamination-found-in-surigao-palawan-mining-communities BUTUAN CITY, Philippines – A Japanese non-government organization said the results of its study in two mines and a processing plant operated by Nickel Asia Corp. showed [...]

True, there is no catalyst YET. But be vigilant as it may pop up anytime soon! I was reading this news today I’d like to share with you. MANILA – The Philippine stock market may see light trading activity this week in the absence of catalysts. “We just entered the ‘Ber’ months though we’re still [...]

I am eyeing for this stock as I am creating my daughter’s stock investment portfolio. Looks like this bank is aggressively muscling its way to the top. Currently with a Market Cap of 22,026,555,587.2 the lowest among the other companies in the Banking and Financing Sector that is listed on COL Investment Guide. It has a [...]

Will this help elevate the price of ELI? Manila, Philippines – The Andrew Tan-led Empire East Land Holdings Inc. grew its first semester earnings 36.65 percent to P66.29 million on higher real estate sales and finance income. Consolidated revenues, composed of real estate sales, finance income, commissions and other revenues, increased 21 percent to P1.15 [...]

Although just considered second largest grocery chain operator in the whole Philippines, for me PGOLD is a good company that will bring us the GOLD in the future. Wait till the put up stores in Visayas and Mindanao! MANILA – Puregold Price Club Inc. said the competitive landscape in the retail industry is “getting tighter and [...]

The news about PSE seeks public comments on online trading rules is a good initiative so that we will know the general sentiment about their plan. But PSE should also look into how slow their website is. Every time I visit the site to get information, I have to wait for a couple of minutes [...]

How is it going to affect PX price? Philex faces ‘initial’ P325-M fine for mine spill MANILA, Philippines (UPDATED) – Philex Mining Corp is set to be fined an initial P325 million for the waste spillage at its Padcal mine in Benguet province. Environment Secretary Ramon Paje said the amount represents penalty under the Mining [...]

Will there be a surge in price for ALI tomorrow because of this news? MANILA, Philippines – Ayala Land Inc. was named the winning bidder for the 74-hectare Food Terminal Inc. (FTI) property in Taguig City, the Privatization and Management Office (PMO) announced on Tuesday afternoon. Ayala Land bid P24.33 billion for the FTI property, [...]

Manila, Philippines -  International Container Terminal Services Inc. (ICTSI) said yesterday its first half net earnings rose 17 percent to $70.3 million, mainly driven by the modest growth in volume and revenues in all three geographic segments and lower financing charges. Gross revenues from port operations amounted to $345 million, up eight percent from $319.1 [...]