Disclaimer:
1. The author is not in any position to provide any recommendation for buying or selling this or any stock that may be related to this brief analysis of some of the information provided by the company itself in its annual reports.
2. Security analysis (by Benjamin Graham) had been in existent way before and it is only now that the author of this brief study decided to apply some of its lessons (the author have not yet fully studied the course nor is a master of the subject); do expect that there may be (any) erratum through the entire information provided that may be raised to him so as to even more strengthen his commitment in taking it more seriously rather than just a plain hobby.
In order to supplement this case (as to the importance with each of the researched values), the author decided to apply some of Warren Buffet’s ways of assessing the Durable Competitive Advantage of any junior security.
3. Observe that charts, graphs and tables are in reverse (from right to left) as the year progresses to reflect data progress.
4. Any positive or negative feedback will be appreciated by the naïve author so as to improve his analysis.
5. The author has his entire speculative portfolio disclosed (see portfolios); or have his own position disclosed prior to the initial discourse of the stock being dissected.
6. All values in the charts, graphs and tables are in MILLIONS (PHP).
7. Please take note of any comments placed after the given paragraph; these are identified as having any asterisk (*) marks after the statement.
8. The author wishes he may finish all related stocks to each junior stock analysis, however, with limited time; the author had to assume the probable state of the company versus its competitors unless the author is completely done with each respective company to be assessed as the basis for any comparison of identified items on the list of the company being dissected.
9. For more information, the reader is suggested to read through the references the author has generated at the end of each analysis.
1. The author is not in any position to provide any recommendation for buying or selling this or any stock that may be related to this brief analysis of some of the information provided by the company itself in its annual reports.
2. Security analysis (by Benjamin Graham) had been in existent way before and it is only now that the author of this brief study decided to apply some of its lessons (the author have not yet fully studied the course nor is a master of the subject); do expect that there may be (any) erratum through the entire information provided that may be raised to him so as to even more strengthen his commitment in taking it more seriously rather than just a plain hobby.
In order to supplement this case (as to the importance with each of the researched values), the author decided to apply some of Warren Buffet’s ways of assessing the Durable Competitive Advantage of any junior security.
3. Observe that charts, graphs and tables are in reverse (from right to left) as the year progresses to reflect data progress.
4. Any positive or negative feedback will be appreciated by the naïve author so as to improve his analysis.
5. The author has his entire speculative portfolio disclosed (see portfolios); or have his own position disclosed prior to the initial discourse of the stock being dissected.
6. All values in the charts, graphs and tables are in MILLIONS (PHP).
7. Please take note of any comments placed after the given paragraph; these are identified as having any asterisk (*) marks after the statement.
8. The author wishes he may finish all related stocks to each junior stock analysis, however, with limited time; the author had to assume the probable state of the company versus its competitors unless the author is completely done with each respective company to be assessed as the basis for any comparison of identified items on the list of the company being dissected.
9. For more information, the reader is suggested to read through the references the author has generated at the end of each analysis.
Donate a $1