The current 9% return wouldn't be a total 9% return without this outstanding junior security performance that's worth mentioning.. nothing else but Manila Bulletin. A 189.27% spike based on the rumor-ville, the naïve investor had been not ashamed of admitting that it could be part luck that the traders had considered this stock to be the next 'major' uptick in the local bourse. Though it had only a 2.69% weight on the total MY SPECULATIVE PORTFOLIO, it still brought enough liquidity on the endeavoring portfolio.
As per the naïve junior security analysis, MB had been undervalued for quite a while .50-.60 cents per share and had a real value of at least 1.00-1.02 per share. A 1.80 market price/spike on that single day triggered the selling point and thus it was took out of the speculative portfolio-for that, some memories about the company had been placed all through out the posted blog, and until then, the MB junior security would still be on the watch list.
As per the naïve junior security analysis, MB had been undervalued for quite a while .50-.60 cents per share and had a real value of at least 1.00-1.02 per share. A 1.80 market price/spike on that single day triggered the selling point and thus it was took out of the speculative portfolio-for that, some memories about the company had been placed all through out the posted blog, and until then, the MB junior security would still be on the watch list.
As for the speculating in another junior stock, how boldly it could sound coming from poring over some of the greatest fundamental investor's books, the naïve investor would still want to highlight this junior security in contradiction to what had been initially purposed for the website (investing only in fundamentally sound junior security as often as possible).
With the current local bourse up trending, it would still be a bit difficult to buy into good priced securities and so as to remain active in the 'investing/speculating' scene--deciding to use the ordinary approach of the deadly Technical Analysis, the occasional investor turned into a momentarily speculator had screened out the CHI as a possible short term investment (1-2 month/s duration); as can be seen and dissected from the simple chart alone. A 5.00-5.50 peso per share range. *
With the current local bourse up trending, it would still be a bit difficult to buy into good priced securities and so as to remain active in the 'investing/speculating' scene--deciding to use the ordinary approach of the deadly Technical Analysis, the occasional investor turned into a momentarily speculator had screened out the CHI as a possible short term investment (1-2 month/s duration); as can be seen and dissected from the simple chart alone. A 5.00-5.50 peso per share range. *
*Caveat: This is not an investment recommendation.
Resources:
Charts: Colfinancial.com
Images: images.google.com
Charts: Colfinancial.com
Images: images.google.com