FPH and COSCO

I sold my COAL last month with a good profit. I entered FPH and COSCO for an additional long position. I currently have BLOOM which holds around 40% of my capital. It is one of the longest position I have as I already let go of COAL.

I like COSCO because I know it has a good business holdings - retail, real estate, power, etc. I might not like the owner but I like the business.

FPH is in power production. Like COSCO, it is a defensive stock. It gives dividend at least 3 times a year. I know it can still climb up from its current price of 73-ish. Like COSCO - I don't like Lopez but I like the company.

I re-entered in COAL - currently has a couple. Maybe now its for long :-).

Power - The 48 Laws

Power by Robert Greene. 

It is a nice book. Unique perspective on how to get to the top. Here are some of the laws to follow:

1. Never outshine the master
2. Never put too much trust in friends, learn how to use enemies
3. Conceal your intentions
4. Always say less than necessary
5. So much depends on reputation - guard it with your life
6. Court attention at all cost
7. Get others to do the work for you,but always take the credit
8  Make other people come to you - use bait if necessary
9. Win through your actions, never through argument
10. Infection: Avoid the unhappy and unlucky
11. Learn to keep people dependent on you
12. Use selective honesty and generosity to disarm your victim
13. When asking for help, appeal to people's self-interest, never to their mercy or gratitude.
14. Pose as a friend, work as a spy
15. Crush your enemy totally
16. Use absence to increase respect and honor

It make sense and it happens most of the time.

Going Long

I like the feeling of being a Tsupitero - the excitement, depression then excitement. But I think its not for me. Now - I decided to be an investor. I don't have to always check my portfolio and I can properly space my buying period. It's a bit difficult as I have to learn to ignore 'PSE noise', e.g. SINO is ceiling, DAVIN rumor, etc. Now I have more control on how I plan my trades. Gone are the days when I have to read stock forums and always look at the Tsupitero FB group. Now my stocks and I will have all the time in the world to get to know each other better :-).

So, I decided to have these 3 stocks, (1) COAL which I bought at 1 peso level, (2) BLOOM at 11 pesos average and (3) FPH which I just added into my portfolio. I will be looking at 3 to 5 years investment period. Hopefully, they can significantly contribute to my retirement fund :-).

As you can see - I have 2 growth stocks, COAL and BLOOM and 1 dividend paying. I stopped buying COAL as I have quite significant position on this. I am continue buying BLOOM and FPH as I need to increase my position and I think they are the least risky stocks compare to COAL.

So, may be after a year, I can re-visit my position and see if they are really good for a long haul.

COAL...COAL...COAL

I thought COAL will start their operation last October? That did not happen for reasons 'other' say due to problem with local government. If their reason is to help and protect people that will be affected and to protect the environment - then all should be above board. 

So, where are we with COAL? My portfolio allocation for COAL is around 20%. I am still buying every month as I feel (this is bad) it still has future. I will wait until they start operating and selling their produced - probably next year. I have this stock below 1PHP - currently, the price is playing in the range of 0.84 - 0.96. Hopefully its support will carry the Bear. Speaking of Bear - are we it that territory now? I thought I read it in the newspaper last month. Hmmm... Scary.

COAL - Careful Or All will be Lost.

Android Portfolio Manager

Updated(02Dec2014):
I changed the app UI to make it look more professional and simple to use. Dump the Listview for more professional looking display.


I created a simple Android application that I want to share to all Pinoy Traders who happens to have an Android phone :-). Just click the link below to install the app.

Happy trading!

https://play.google.com/store/apps/details?id=com.rm.android.jsoup&feature=search_result

Double-Dip Recession

I read from CNN that the crisis that we are having today is chillingly close to 1929 economic crash. There are so many similarities. 

Continuous financial and economic shocks causes the market to nose dive. Fortunately there are some good indicators that help uplift the bloodied market. Good US job numbers and company profits put positive tone to PSE. Almost all of the stocks that I put on my watch list are green and smiling. This make me think, are we going to experience double-dip recession? The index today says no.

***

I am on the watch mode today. I am planning to sell two of my holdings to transfer the fund to BEL :-). I will be holding this stock until next year (remember casino?). I think the price now is a good entry point.

As I am checking BEL, I found out that it has also some interests in APC which did not have a good quarter and LOTO (I am still verifying this).

***

Warren Buffet is buying - why fear? 

S&P Downgrade US Credit Rating to AA+

S&P downgraded US credit rating to AA+ which affected global stock market. Atleast, the good news is Moody's and Fitch still rates US as AAA. Moody's on the other hand lowered its outlook on US debt to "negative" which means it can lower its rating in a year or two.
What's the difference between AA+ and AAA? Almost nothing :-)
Now US government are saying that S&P made a mistake in downgrading its credit rating. So far, S&P is winning as reaction put pressure on investor to sell. But it is too early to know where this current crisis will bring us.

***

According to the news, Wall Street already knows about the US credit rating downgrade even before its announcement. They don't want surprises - lucky guys. They also blaming Timothy Geithner for the crisis and Timothy's answer is - "I will resign after the debt ceiling is over".

***

This is the time that we need strong stomach. Prices are down. PSE is in the red zone. Of course, if you were able to get out before the US rating downgrade - you will be smiling by now. 

Maybe a day or two would be a good time to buy. Although double dip recession is now flying around - but take it from Warren Buffet - he doesn't believe there will be a crisis in the near future.

***

Another good news is the plan of European Central Bank (ECB) to buy bonds. This will ease pressure to Spain and Italy which now pulling down European Union's growth. Although EU is very slow on reacting to crisis - still this is a good step on their part. Maybe they should start learning from still frightening global economic situation.