3 Parts:
1. Review on a suggested dividend stock
2. FDI’s impact on the local bourse (a tinge of optimism)
3. Yellen’s remarks (quotations)
Part 1:
Looking at the current trend of PSEI versus the current Speculative and Value-Invested portfolio (slideshow 1), it can be appositely observed that the ‘Frozen Stock Portfolio’ (see reference) is somehow able to manage itself through the short term range <-> uptrend the local bourse is experiencing.
1. Review on a suggested dividend stock
2. FDI’s impact on the local bourse (a tinge of optimism)
3. Yellen’s remarks (quotations)
Part 1:
Looking at the current trend of PSEI versus the current Speculative and Value-Invested portfolio (slideshow 1), it can be appositely observed that the ‘Frozen Stock Portfolio’ (see reference) is somehow able to manage itself through the short term range <-> uptrend the local bourse is experiencing.
With the concept of adding more shares to justify the Peso-Cost Averaging approach, I have passed by an article that probably triggered me to scan through the financials of a junior blue chip security, as was typically in one way or the other recommended by one Henry Ong in “Should I invest in dividend stocks?” (see reference).
Here are some fundamental/overview I highlighted on this particular stock reco for as stated perhaps, ‘a good dividend stock’:
*Read disclaimer in the DISSECTED STOCK SECTION first before proceeding:
*CHARTS are displayed in reverse (2012 <-> 2008 )
Company Name: Philippine Long Distance Telephone Co
Ticker: TEL
Bourse: PSEI
Income statement:
1. Diluted EPS
2. % Gross Profit Margin
3. % SGA/G.Profit
4. Operating Margin
5. Net Income for Common Stockholders
6. EBIT (efficiency in making money)
Here are some fundamental/overview I highlighted on this particular stock reco for as stated perhaps, ‘a good dividend stock’:
*Read disclaimer in the DISSECTED STOCK SECTION first before proceeding:
*CHARTS are displayed in reverse (2012 <-> 2008 )
Company Name: Philippine Long Distance Telephone Co
Ticker: TEL
Bourse: PSEI
Income statement:
1. Diluted EPS
2. % Gross Profit Margin
3. % SGA/G.Profit
4. Operating Margin
5. Net Income for Common Stockholders
6. EBIT (efficiency in making money)
Balance sheet statement:
1. Net receivables/total revenue
2. Intangibles
3. Goodwill
4. Return on Assets: stringent vs less stringent –should be increasing over time
5. Account payables
6. Short term debt
7. Long term debt vs Net earnings vs Cash
8. Current ratio
9. D/E ratio
10. True Book Value per share
1. Net receivables/total revenue
2. Intangibles
3. Goodwill
4. Return on Assets: stringent vs less stringent –should be increasing over time
5. Account payables
6. Short term debt
7. Long term debt vs Net earnings vs Cash
8. Current ratio
9. D/E ratio
10. True Book Value per share
After the partial dissection achieved and with it the co.’s dividend yield history, (take note that there were no other co. made as comparison and this signifies the bigger opportunity to be done in order to be able to fully assess if it does have any advantage from its competition); a juvenile investor now will be left with still some room to make a decision whether to pursue such a ‘dividend-granting’ junior security.
Part 2:
Going back, one may wonder and instinctively look back at one good ‘stock-mood chart’;
Spurious versus sincere commentary/ies leave juvenile/naïve investors looking for a better resolution as to just ‘let go’ of their losing portfolios or just add more to their already mired to the red-tinted portfolio to suffice an ‘average down’ event.
From the kernel that FDI (Foreign Direct Investments) are experiencing a reciprocal pattern as to last year’s performance. As the gathered commentaries supply more information and are shown in the following:
1. “The Fed's monthly bond purchases were cut back from $85 billion to $75 billion in December and further to $65 billion in January.”
2. “The Bangko Sentral ng Pilipinas reported a $1.8-billion net outflow of foreign portfolio investments in January, a development seen in most emerging markets. This was the biggest monthly net outflow on record, and was a reversal of the net inflow of $1.27 billion reported in January 2013.”
3. “Registered investments in January reached $1.3 billion—less than half the $2.8 billion in gross investments that entered the country the year before. These investments were offset by the $3.1 billion that flowed out of the country last month.”
4. “The country recorded a net hot money inflow of $4.225 billion last year, up eight percent from $3.911 billion in 2012. The level also breached the BSP’s assumption of $3.2 billion. For this year, the central bank expects a net hot money inflow of $2.1 billion.”
These outflows that had caused such direct despondency among the juvenile PSEI ‘investors’ probably had staged most of these ‘investors’ (like yours truly) in the ‘contempt’/despondency phase.
These somehow negative sentiments typically points out a probable undesirable market trend in the near to short term future for the very subjective local bourse performance.
A s a juvenile investor, I had to resort in some convincing resource/s that the ‘turnaround’ may probably be just around the corner; so with the market financial risk/opportunity figure as provided, a rookie theory may be pointed out that the local bourse is somehow settling (hopefully) now in the aforementioned despondency area.
Going back, one may wonder and instinctively look back at one good ‘stock-mood chart’;
Spurious versus sincere commentary/ies leave juvenile/naïve investors looking for a better resolution as to just ‘let go’ of their losing portfolios or just add more to their already mired to the red-tinted portfolio to suffice an ‘average down’ event.
From the kernel that FDI (Foreign Direct Investments) are experiencing a reciprocal pattern as to last year’s performance. As the gathered commentaries supply more information and are shown in the following:
1. “The Fed's monthly bond purchases were cut back from $85 billion to $75 billion in December and further to $65 billion in January.”
2. “The Bangko Sentral ng Pilipinas reported a $1.8-billion net outflow of foreign portfolio investments in January, a development seen in most emerging markets. This was the biggest monthly net outflow on record, and was a reversal of the net inflow of $1.27 billion reported in January 2013.”
3. “Registered investments in January reached $1.3 billion—less than half the $2.8 billion in gross investments that entered the country the year before. These investments were offset by the $3.1 billion that flowed out of the country last month.”
4. “The country recorded a net hot money inflow of $4.225 billion last year, up eight percent from $3.911 billion in 2012. The level also breached the BSP’s assumption of $3.2 billion. For this year, the central bank expects a net hot money inflow of $2.1 billion.”
These outflows that had caused such direct despondency among the juvenile PSEI ‘investors’ probably had staged most of these ‘investors’ (like yours truly) in the ‘contempt’/despondency phase.
These somehow negative sentiments typically points out a probable undesirable market trend in the near to short term future for the very subjective local bourse performance.
A s a juvenile investor, I had to resort in some convincing resource/s that the ‘turnaround’ may probably be just around the corner; so with the market financial risk/opportunity figure as provided, a rookie theory may be pointed out that the local bourse is somehow settling (hopefully) now in the aforementioned despondency area.
Part 3:
Besides these preceding contemporary facts, the powerful Janet Yellen had already spoken which may provide further assumptions/probabilities in the concerned local bourse, this was just this past February 12, 2014 in Capitol Hill, and that,
1. “She expects to continue predecessor Ben Bernanke’s plan to wind down its bond-buying gradually and keep interest rates low until the jobs market improves significantly.”
2. “Yellen said that when the Federal Open Market Committee meets again in March it could consider a pause to the taper if economic conditions show a significant deterioration.”
Besides these preceding contemporary facts, the powerful Janet Yellen had already spoken which may provide further assumptions/probabilities in the concerned local bourse, this was just this past February 12, 2014 in Capitol Hill, and that,
1. “She expects to continue predecessor Ben Bernanke’s plan to wind down its bond-buying gradually and keep interest rates low until the jobs market improves significantly.”
2. “Yellen said that when the Federal Open Market Committee meets again in March it could consider a pause to the taper if economic conditions show a significant deterioration.”
“It is by no means an irrational fancy that, in a future existence, we shall look upon what we think our present existence, as a dream.”
Edgar Allan Poe
References:
1. Burton, Jonathan. How the market’s mood can make you money. February 16, 2014. http://www.marketwatch.com/story/how-the-markets-mood-can-make-you-money-2013-07-11
2. Ong, Henry. Should I invest in dividend stocks? February 16, 2014. http://business.inquirer.net/162031/should-i-invest-in-dividend-stocks
3. Efren Ll. Cruz. Frozen stock portfolio? Let it go! http://business.inquirer.net/160995/frozen-stock-portfolio-let-it-go
4. Philstar.com. US Fed's stimulus cutback triggers massive 'hot money' outflow from Phl. February 16, 2014. http://www.philstar.com/business/2014/02/15/1290936/us-feds-stimulus-cutback-triggers-massive-hot-money-outflow-phl
5. Remo. Michelle V.. PH seen strong enough to withstand capital flight. February 16, 2014. http://business.inquirer.net/164036/ph-seen-strong-enough-to-withstand-capital-flight
6. Montecillo, Paolo G.. ‘Hot money’ flows out of PH. February 16, 2014. http://business.inquirer.net/163984/hot-money-flows-out-of-ph
7. Martin, Kathleen A.. February 16, 2014. Net hot money outflow reaches $1.844B in Jan: Investors shy away from EMs as US Fed cuts bond buying program. http://www.philstar.com/business/2014/02/14/1290049/net-hot-money-outflow-reaches-1.844b-jan-investors-shy-away-ems-us-fed
8. Agence France-Presse. Asia shares rise on Yellen remarks, debt ceiling vote. February 16, 2014. http://business.inquirer.net/163914/asia-shares-rise-on-yellen-remarks-debt-ceiling-vote
9. Sanghoee, Sanjay. Even If Janet Yellen Is Wrong About the Economy, She Is Right About Fed Policy. February 16, 2014. http://business.time.com/2014/02/14/even-if-janet-yellen-is-wrong-about-the-economy-she-is-right-about-fed-policy/
10. Rochan, M. February 16, 2014. Janet Yellen: Fed Reserve To Trim QE When US Economy Sustains Job Growth. http://www.ibtimes.co.uk/janet-yellen-federal-reserve-senate-testimony-qe-522606
11. Wikipedia.org. February 16, 2014. Edgar Allan Poe. En.wikipedia.org/wiki/Edgar_Allan_Poe
12. "Philippine Long Distance Telephone Co,TEL:PHS FINANCIALS." markets.ft.com. December 20, 2013.
<http://markets.ft.com/research//Markets/Tearsheets/Financials?s=TEL:PHS&subview=BalanceSheet&period=a>
13. "Philippine Long Distance Telephone Co, TEL:PHS FINANCIALS." markets.ft.com. December 20, 2013.
<http://markets.ft.com/research//Markets/Tearsheets/Financials?s=TEL:PHS&subview=IncomeStatement&period=a>
Edgar Allan Poe
References:
1. Burton, Jonathan. How the market’s mood can make you money. February 16, 2014. http://www.marketwatch.com/story/how-the-markets-mood-can-make-you-money-2013-07-11
2. Ong, Henry. Should I invest in dividend stocks? February 16, 2014. http://business.inquirer.net/162031/should-i-invest-in-dividend-stocks
3. Efren Ll. Cruz. Frozen stock portfolio? Let it go! http://business.inquirer.net/160995/frozen-stock-portfolio-let-it-go
4. Philstar.com. US Fed's stimulus cutback triggers massive 'hot money' outflow from Phl. February 16, 2014. http://www.philstar.com/business/2014/02/15/1290936/us-feds-stimulus-cutback-triggers-massive-hot-money-outflow-phl
5. Remo. Michelle V.. PH seen strong enough to withstand capital flight. February 16, 2014. http://business.inquirer.net/164036/ph-seen-strong-enough-to-withstand-capital-flight
6. Montecillo, Paolo G.. ‘Hot money’ flows out of PH. February 16, 2014. http://business.inquirer.net/163984/hot-money-flows-out-of-ph
7. Martin, Kathleen A.. February 16, 2014. Net hot money outflow reaches $1.844B in Jan: Investors shy away from EMs as US Fed cuts bond buying program. http://www.philstar.com/business/2014/02/14/1290049/net-hot-money-outflow-reaches-1.844b-jan-investors-shy-away-ems-us-fed
8. Agence France-Presse. Asia shares rise on Yellen remarks, debt ceiling vote. February 16, 2014. http://business.inquirer.net/163914/asia-shares-rise-on-yellen-remarks-debt-ceiling-vote
9. Sanghoee, Sanjay. Even If Janet Yellen Is Wrong About the Economy, She Is Right About Fed Policy. February 16, 2014. http://business.time.com/2014/02/14/even-if-janet-yellen-is-wrong-about-the-economy-she-is-right-about-fed-policy/
10. Rochan, M. February 16, 2014. Janet Yellen: Fed Reserve To Trim QE When US Economy Sustains Job Growth. http://www.ibtimes.co.uk/janet-yellen-federal-reserve-senate-testimony-qe-522606
11. Wikipedia.org. February 16, 2014. Edgar Allan Poe. En.wikipedia.org/wiki/Edgar_Allan_Poe
12. "Philippine Long Distance Telephone Co,TEL:PHS FINANCIALS." markets.ft.com. December 20, 2013.
<http://markets.ft.com/research//Markets/Tearsheets/Financials?s=TEL:PHS&subview=BalanceSheet&period=a>
13. "Philippine Long Distance Telephone Co, TEL:PHS FINANCIALS." markets.ft.com. December 20, 2013.
<http://markets.ft.com/research//Markets/Tearsheets/Financials?s=TEL:PHS&subview=IncomeStatement&period=a>