Is it really time to buy

I started buying NIKL a month ago as I believe this stock show a lot of promise. I like the fact that its price still holding at 6-ish level which is my buying price. I am sure this stock will fly when the market recover from its lumbering state. 

I am still holding my BLOOM (ouch!), COSCO and DMC. Banking for these stocks to help me live a good life when I retire (cross my fingers). 

With downing of Russian bomber by Turkish air force and inclusion of Chinese Yuan to the  major currency basket as approved by IMF - surely, the market is really in exciting state. I feel that the market still breathing 'dragon' as events affecting the market seems to be being controlled by economic countries not to become something that will really further weaken the market. Who knows, may be Mark Zukerberg giving away 99% of his wealth will help cheer up the sulking market!

Ang vs Gozon - The 1 Billion Questions

Now we know that Estafa is not only a crime of common people but also of Millionaires. I don't understand why would GMA not return the 1 billion to Ang. It's a huge sum of money and no one in his right mind would give it away. I would understand if it just a couple of millions - but billions? No way!

I think these two Millionaires should sit down to solve their differences. They are both well respected people on their respective industry and surely can come up with a win-win solution. 

Current Portfolio

Currently, I have COSCO, DMC, BLOOM and DD. Except DD, all of my other positions are in negative territory. It is expected as the market is not really doing so well. Europe has the Greek problem and China seems to be losing control of its economy. But the good thing of being in the stock market for a significant number of years is the experience gain during those years of market being in a roller coaster ride. I become more focus on my goal and not being bothered by stock market noise. I still buy when the price is within my buying price. But I am a little bit cautious now as market is a bit on the edge. 

As we know, election is fast approaching. Normally, stock market tend to be active since government use it to help win their candidates. Maybe, in a few months we can see a significant increase in PSE index.

Oh, one more thing... maybe the government can release DPWH funds during school vacation not during rainy season as road diggings causes traffic and floodings.

2015 Market Position

I still holding my BLOOM. The longest position I currently have. I bought COSCO with an average of 8-ish and DMC at 14-ish. So far, I have 3 greens and 1 red courtesy of COAL. I have around 7% fund allocated to COAL which I am really tempted to sell and re-position the fund to COSCO. But my 'blind' side still holding to a hope that someday it will fly and make me proud of myself.

The buy-back really pushed COSCO's share price. But even without buy-back, I will surely buy this stock as it has a bright future. Puregold is its main profit contributor. Of course, it earn from S&R, Liquid Gaz and its other companies. I think it is poised to follow the like of URC and other conglomerates. Lastly, the dividend that it is returning to investor really is an encouraging sign of being a good investment company - where my hard-earned money will grow.

DMC is a bit expensive at this point. But it is DMC! It gives dividend and has SCC to feel you a bit safer. Of course, Luneta will now become synonymous with DMC, right?

COAL? I don't have an idea what the hell is happening to this stock at this point. No news. No press release. Nothing. Feels like it really doesn't exist. Hopefully I can find some news that will cheer up the 'ant' in me.

PSEi at 8,400? I wish that the Analysts are right - eventhough I am a bit skeptical about it. I read we are few days from market crash! Damn!