Three parts:
1. 'Minute' profit taking
2. Brief quantitative review between speculative junior securities
3. Good video understanding how global investment ratings ‘really’ work
Very few times the author have had paid attention to any much news --(with the exception of the global bond-purchase cutting which then had hit the local bourse) --outside the realm of just looking the quantitative numbers derive from his own excel calculations and nevertheless ensuing any of the 2 typical situation/s: the unavoidable forecasts/speculation versus purchasing junior securities with estimated risks.
Albeit unable to locate the article where the author was able to read it, if he may unprofessionally reproduce it here--(as recalled and not exact words), that 'US has to mind its own spending-bond purchasing regardless on how the third world countries react to its decisions and that third world countries must be able to pursue their own economy etc'--
Given this type of information had further led the author to think of himself as a 'mid-long term investor' in the local field and rather not partake in the day to day/month-month carry-over action-reaction of the market (e.g. FTSE->DOW->SHNG->PSEI etc.) as professional traders do.
(Part 1)
Done with the blabber, the juvenile investor decided to sell the following junior securities given certain number of days just this previous week (MY SPECULATIVE STOCK). March 2-15, 2014.
1. 'Minute' profit taking
2. Brief quantitative review between speculative junior securities
3. Good video understanding how global investment ratings ‘really’ work
Very few times the author have had paid attention to any much news --(with the exception of the global bond-purchase cutting which then had hit the local bourse) --outside the realm of just looking the quantitative numbers derive from his own excel calculations and nevertheless ensuing any of the 2 typical situation/s: the unavoidable forecasts/speculation versus purchasing junior securities with estimated risks.
Albeit unable to locate the article where the author was able to read it, if he may unprofessionally reproduce it here--(as recalled and not exact words), that 'US has to mind its own spending-bond purchasing regardless on how the third world countries react to its decisions and that third world countries must be able to pursue their own economy etc'--
Given this type of information had further led the author to think of himself as a 'mid-long term investor' in the local field and rather not partake in the day to day/month-month carry-over action-reaction of the market (e.g. FTSE->DOW->SHNG->PSEI etc.) as professional traders do.
(Part 1)
Done with the blabber, the juvenile investor decided to sell the following junior securities given certain number of days just this previous week (MY SPECULATIVE STOCK). March 2-15, 2014.
Some nice to know notes for AT (copied & pasted from COLFINANCIAL report-see end of blog*)
With the outstanding 30% return provided by AT, it can be assumed that the juvenile investor is now questioning himself where to is the next movement:
(Part 2)
As to discerning which move should the juvenile investor pursue in terms of obtaining optimal investment results; here are just some highlights whereby the author matched a couple of speculative stock as to its few quantitative flaws and facts.
*Notes to read to avoid confusion:
1. Charts are in order from top to bottom as follows:
2. Chart is shown as a 5 year retrogression, whereby 1 is equivalent to year 2012; 2 is to 2011; 3 is to year 2010; 4 is to year 2009; 5 is to year 2008
- to invest in casino? Compare BEL vs BLOOM (Belle Grande-non operating vs Solaire-operating)
- to invest in financials? (BDO vs MBT)
- to invest in mining (again)?—which brings the author has had a document stated that the Philippines has the 3rd world’s worst mining policy.*As per introductory paragraph to Mr. Domingo’s article, “The Philippines has the third-worst mining policy regime in the world, better only than those of troubled Venezuela and Kyrgyzstan, according to a study by the Canadian think-tank Fraser Institute etc..” –see reference after blog.
(Part 2)
As to discerning which move should the juvenile investor pursue in terms of obtaining optimal investment results; here are just some highlights whereby the author matched a couple of speculative stock as to its few quantitative flaws and facts.
*Notes to read to avoid confusion:
1. Charts are in order from top to bottom as follows:
- Diluted EPS
- Operating expenses
- Long term debt
- P/E
- Capital expenditures
2. Chart is shown as a 5 year retrogression, whereby 1 is equivalent to year 2012; 2 is to 2011; 3 is to year 2010; 4 is to year 2009; 5 is to year 2008
BEL vs BLOOM
(PHILIPPINE SERVICES SECTOR)
(PHILIPPINE SERVICES SECTOR)
BDO vs MBT
(PHILIPPINE FINANCIAL SECTOR)
(PHILIPPINE FINANCIAL SECTOR)
PX vs AT
(PHILIPPINE MINING SECTOR)
(PHILIPPINE MINING SECTOR)
(Part 3)
Ingesting much time in looking for a better bargain among the three given sectors, the author decided to lay eyes on some TED videos, in amazement, the naïve investor was able to have a good find TED video providing some third party view on the world wide known rating agency/ies.
Ingesting much time in looking for a better bargain among the three given sectors, the author decided to lay eyes on some TED videos, in amazement, the naïve investor was able to have a good find TED video providing some third party view on the world wide known rating agency/ies.
Watch video: https://www.youtube.com/watch?v=tZYkjaKNr_o
Atlas Consolidated Mining notes (copied and pasted from Colfinancial.com)
Security Name : Atlas Cons. Mining and Dev't Corp.
Date : 03/05/2014
Headline : C00987: Atlas Consolidated Mining press release - 1
Content : Atlas Consolidated Mining and Development Corporation ("Atlas Mining") posted a core income of Php2.62 billion in 2013, realizing a 4% year-on-year growth despite lower realized metal prices. Revenues slid slightly by 7% to Php14.45 billion, but such decrease resulting from lower realized metal prices was tempered by an 8% drop in total operating cash costs from Php9.80 billion to Php9.05 billion. In 2013, Atlas Mining's wholly-owned subsidiary, Carmen Copper Corporation ("Carmen Copper") registered a total production of 91.51 million pounds of copper metal in concentrate, 2% higher year-on year, and raised its average daily milling capacity by 4% to 43,010 tonnes per day (tpd). In July, Carmen Copper's ore processing plant achieved a record peak milling capacity of 50,000 tpd from its existing nameplate capacity of 40,000 tpd. Throughput was optimized by the introduction of process efficiency enhancements in the existing plant. The total volume of copper shipments was maintained at 90.56 million pounds of copper metal in concentrate. Shipments of gold metal in concentrate, on the other hand, grew significantly by 51 % to 19,555 ounces, translating to a 25% increase in gold revenues to Php1.14 billion. The realized price of copper dropped 9% to an average of US$3.30 per pound, while the realized price of gold registered 17% lower at US$1,385 per ounce. Atlas Mining posted a net income of Php1.90 billion in 2013, 45% lower year-on-year due mainly to the recognition of an unrealized foreign exchange loss of Php1.02 billion on US dollar-denominated debts. In 2012, the Company reported a net income of Php3.43 billion that is partly attributable to the posting of an unrealized foreign exchange gain of Php593 million. The group's debt obligations are mostly US dollar denominated to match US dollar revenues. This establishes a natural hedge against foreign exchange fluctuations. Thus, when US dollar debts are settled using US dollar cash reserves of the group, there is no realizable foreign exchange effect. (See attachment for additional information on unrealized foreign exchange gain/loss.)
source: Technistock
Security Name : Atlas Cons. Mining and Dev't Corp.
Date : 03/05/2014
Headline : C00987: Atlas Consolidated Mining press release - 1
Content : Atlas Consolidated Mining and Development Corporation ("Atlas Mining") posted a core income of Php2.62 billion in 2013, realizing a 4% year-on-year growth despite lower realized metal prices. Revenues slid slightly by 7% to Php14.45 billion, but such decrease resulting from lower realized metal prices was tempered by an 8% drop in total operating cash costs from Php9.80 billion to Php9.05 billion. In 2013, Atlas Mining's wholly-owned subsidiary, Carmen Copper Corporation ("Carmen Copper") registered a total production of 91.51 million pounds of copper metal in concentrate, 2% higher year-on year, and raised its average daily milling capacity by 4% to 43,010 tonnes per day (tpd). In July, Carmen Copper's ore processing plant achieved a record peak milling capacity of 50,000 tpd from its existing nameplate capacity of 40,000 tpd. Throughput was optimized by the introduction of process efficiency enhancements in the existing plant. The total volume of copper shipments was maintained at 90.56 million pounds of copper metal in concentrate. Shipments of gold metal in concentrate, on the other hand, grew significantly by 51 % to 19,555 ounces, translating to a 25% increase in gold revenues to Php1.14 billion. The realized price of copper dropped 9% to an average of US$3.30 per pound, while the realized price of gold registered 17% lower at US$1,385 per ounce. Atlas Mining posted a net income of Php1.90 billion in 2013, 45% lower year-on-year due mainly to the recognition of an unrealized foreign exchange loss of Php1.02 billion on US dollar-denominated debts. In 2012, the Company reported a net income of Php3.43 billion that is partly attributable to the posting of an unrealized foreign exchange gain of Php593 million. The group's debt obligations are mostly US dollar denominated to match US dollar revenues. This establishes a natural hedge against foreign exchange fluctuations. Thus, when US dollar debts are settled using US dollar cash reserves of the group, there is no realizable foreign exchange effect. (See attachment for additional information on unrealized foreign exchange gain/loss.)
source: Technistock
Reference:
- Ralph Waldo Emerson. March 18, 2014. http://en.wikipedia.org/wiki/Ralph_Waldo_Emerson
- COLFinancial.com. March 18, 2014. Www.Colfinancial.com
- Quote by Ralph Waldo Emerson. March 18, 2014. https://www.goodreads.com/quotes/28432-it-is-easy-in-the-world-to-live-after-the
- Domingo, Ronnel W. PH has 3rd worst mining policy regime. March 18, 2014. http://business.inquirer.net/165657/ph-has-3rd-worst-mining-policy-regime
- Company pictures (courtesy from google image search). Google.com March 18, 2014. https://www.google.com.ph/imghp?hl=en&tab=wi&ei=v10oU4ukLtOKogSF6YKQDw&ved=0CAQQqi4oAg.
- Solaire. Solaireresort.com
- Belle Grande. Www.pagcor.ph
- BDO. Www.philstar.com
- MetroBank. www.clix.com.ph
- Atlas Consolidated Mining. Cityofbacolod.com
- Philex mining. Blogs.terrapinn.com