"First Gen unit to tap bond market
By: Euan Paulo C. Añonuevo | Manila Times
22 May 2008 | 10:23 AM
The natural gas unit of First Gen Corp. plans to borrow abroad through the sale of IOUs, as part of the Lopez-controlled company’s refinancing efforts.
In a disclosure to the Philippine Stock Exchange, First Gen said its wholly owned unit Unified Holdings Corp. is “contemplating/planning” an offering of debt securities.
Unified Holdings owns a 60-percent stake in First Gas Philippines Corp., which operates the 1,000-megawatt Santa Rita and 500-megawatt San Lorenzo combined-cycle natural gas-fired power plants. The remaining shares are held by the London- and New York-listed BG Group.
First Gen said that Unified Holdings is in preliminary discussions with several financial institutions in connection with its fund-raising plan.
Francis Giles B. Puno, First Gen chief finance officer, earlier said the company is planning to refinance the bulk of its subsidiaries’ debts, the savings of $400 million from which will be used to pay off its long-term obligations.
“We’re in the process of firming [up] our short-term obligations by refinancing Sta.Rita and San Lorenzo,” he said.
Thursday, May 22, 2008
Saturday, May 17, 2008
Thursday, May 15, 2008
Tips on Personal Finance
Below is a straight-talk, no bullshit article about personal finance:
1. You must have an earnings. This is basic, of course if you don’t have an earnings, then you actually have no money thus nothing to manage. Look for something you love to do and earn from it - be it as an employee or as an entrepreneur. It doesn’t really matter. What matter is that you “enjoy” what you do and at the same time earn from it. Why I suggest that you enjoy what you do and earn from it? So that it doesn’t feel like work and you’ll not feel burnt out. If you don’t have a job, you can contact me.
2. Make sure your earnings are higher than your expenses. This is also important as you’ve got to have excess money to save up for “future needed funds”. If you’re earnings are lower than your expenses, you can either add-up another source of income (meaning, you don’t have to leave what you currently do) or look for a better paying gig (meaning, don’t waste your time and efforts in what you do, look for a greener pasteur). If you already have a job but wants to have another source of income or wants a better career, you can contact me.
3. Make sure to have a “6 months emergency fund”. In USA, their only suggested to have a 3 months emergency fund. But here in the Philippines, there is no suggestions or whatsoever from the government. So, a lot of financial planners suggest people to have at least 6 months emergency fund. So if you’re spending P10,000.00 every month, you should have an emergency fund of equivalent to P60,000.00. This fund will and only be used in case you temporarily loss income. This will be the fund you’ll use while looking for another job or looking for another source of income. Your emergency fund should be placed in a very liquid investment instrument such as the savings account, a time deposit account, etc.
4. Make sure to have a yearly budget for health and medical bills. You don’t want to use up your emergency fund should you or your family have a medical emergency. You and your family should have a health plan so that in the event that you or your family get sick or experienced an accident, you’re well prepared for it. Your emergency fund is not intended for health or medical expenses so you better have a health plan. If you still don’t have a health plan or wants to change your existing plan, you can contact me.
5. Make sure you have budget for different one-time big-time yearly expenses. One-time big-time yearly expenses are called Sinking Fund. This is used for one-time big-time yearly expenses such as Christmas, Valentines, Birthdays, etc. You should have a sinking fund for each and every one-time big-time yearly expenses you have where you save money on a monthly basis. You should never use your emergency funds for this.
6. If you have kids, make sure you have a budget for their education until they graduate. This is your responsibility as a parent thus it is NOT optional. You don’t have a choice but to have this one. This is a packaged-deal for having kids. Tuition fees and other school needs increase every year, just like anything else, because of inflation. Unless you’re a super dooper mega over rich person, you won’t be needing to save up for your child’s education. An educational plan can help you attain this one. I know that CAP, TPG, Pacific, and other preneed companies failed to deliver their promise on their educational plan holders. But a life insurance company is very much different to a preneed company. You should not be confused. A life insurance is a financial industry more like of a bank. It is strictly governed by a separate government entity called the Insurance Commission. There’s a lot to talk about life insurance and this article is not the avenue for it as this is a straight-talk, no bullshit article about personal finance. Be closed-minded on these things, and you’ll risk your child’s future. I tell you, you can not save up for your child’s education by yourself unless of course you have the “skill and knowledge” that most professional investors have. If you wish to know more about the education plans that life insurance companies offer, you can contact me.
7. In relation to number six, make sure you have a life insurance. A life insurance is a financial product used in the event of permanent income-loss due to total disability or worse, death. Your life insurance coverage (coverage is the amount that will be given to your beneficiaries (your spouse and/or children) in the event of your permanent income-loss) will depend on the lifestyle that your family have. If you don’t have a life insurance or should you wish to know if your coverage is already enough for your family or not, you can contact me.
8. Make sure you have a retirement fund. This fund will be used by you by the time you no longer “actively” work for money (whether intentionally or unintentionally) for your daily/monthly expenses. Of course all of us will retire eventually whether by force or by choice. In this event, even though you’ve already retired from working, it doesn’t mean that your expenses will also retire. It doesn’t work like that. You retire from working for money but your expenses don’t retire in asking for money. So, you’ve got to have a retirement fund for your expenses such as food, shelter, clothing, transpo, communication, medical/hospital, etc. The amount of your retirement fund will depend on your chosen lifestyle. You can never accumulate your needed funds in a savings account. You should use one or any or combination of different investment instruments such as stocks, bonds, real estate, mutual funds, UITF’s, life insurance, variable life insurance, forex, etc. If you still don’t have a retirement fund or should you wish to know if your retirement fund is enough for your retirement, you can contact me.
That’s it. Straight talk to personal finance. I hope you learned something from it. Enjoy. You can copy and paste this article as long as you copy every word of it. More power to everyone! More blogs at http://www.daveaguila.com/.
Tuesday, May 13, 2008
Tuesday, April 29, 2008
Easy Ways To Become A Millionaire
Pathway to becoming a millionaire
1. In our place just be a politician, it is the easiest way without hardship, guaranteed. That's why they have to cheat whatever it takes if not kill their opponent just to win.
2.Buying foreclosed properties, redevelop and sale or rent for profit.
3. By knowing the "rule of 72" so you will know were to put your money to earn the highest interest so in can double in the shortest time.
4. Force your rich parents to give you your share of their fortune. How? I don't know.
5. Marry rich guy or girl
6.Save 10 pesos a day for 54 years and put it in a bank with 5% compound interest.
7. Play the stock market. (Refer to other post)
8. Put up a business
9. Learn how compound interest works and practice
10. Join Somali pirates
1. In our place just be a politician, it is the easiest way without hardship, guaranteed. That's why they have to cheat whatever it takes if not kill their opponent just to win.
2.Buying foreclosed properties, redevelop and sale or rent for profit.
3. By knowing the "rule of 72" so you will know were to put your money to earn the highest interest so in can double in the shortest time.
4. Force your rich parents to give you your share of their fortune. How? I don't know.
5. Marry rich guy or girl
6.Save 10 pesos a day for 54 years and put it in a bank with 5% compound interest.
7. Play the stock market. (Refer to other post)
8. Put up a business
9. Learn how compound interest works and practice
10. Join Somali pirates
Wednesday, April 23, 2008
Some Tips To Follow To Succeed In Stock Investing
a href="http://www.topblogs.com.ph/business-finance/">
Compilations of Tips, select which you think will work for you.
1. You need to understand how the market works, knowledge is a must in order to spot the best possible stock.
2. Provide yourself with adequate information of the company you wish to buy, it's not after you invest that you make a research of the company you invest in. Make your own research, like, are institutions buying the stock, how's the volume of stock bought, Is the company stable or it follows the economy meaning cyclical, the company's labour situation, does the company provide products or services which are widely used or the demand of its product is increasing, Is the company diversified or is it dependent on only one product and etc.
3. Develop your own strategy like "buy low sell high" or "buy high sell higher" - try to know when you can sell the stock before you intend to buy and know the right time to buy, sell your losers dson't let your emotions dictate you. Cost averaging is also a good practice in portfolio accumulation and always practice diversification to minimise lose in case one industry or sector collapses. "Do not put all your eggs in one basket."
4. Always put in mind it's not good to buy stock just because it has a low price.
5. Don't concentrate on a single stock , always make the habit to follow few stocks and invest in what you know is the best stock.
6. Don't buy on recomendations alone always check first before plunging in.
7. Always analyze the market, is it a bull or a bear, beware of insider trading.
8. Always be ready to sell if you think you make a mistake in buying a certain stock.
Compilations of Tips, select which you think will work for you.
1. You need to understand how the market works, knowledge is a must in order to spot the best possible stock.
2. Provide yourself with adequate information of the company you wish to buy, it's not after you invest that you make a research of the company you invest in. Make your own research, like, are institutions buying the stock, how's the volume of stock bought, Is the company stable or it follows the economy meaning cyclical, the company's labour situation, does the company provide products or services which are widely used or the demand of its product is increasing, Is the company diversified or is it dependent on only one product and etc.
3. Develop your own strategy like "buy low sell high" or "buy high sell higher" - try to know when you can sell the stock before you intend to buy and know the right time to buy, sell your losers dson't let your emotions dictate you. Cost averaging is also a good practice in portfolio accumulation and always practice diversification to minimise lose in case one industry or sector collapses. "Do not put all your eggs in one basket."
4. Always put in mind it's not good to buy stock just because it has a low price.
5. Don't concentrate on a single stock , always make the habit to follow few stocks and invest in what you know is the best stock.
6. Don't buy on recomendations alone always check first before plunging in.
7. Always analyze the market, is it a bull or a bear, beware of insider trading.
8. Always be ready to sell if you think you make a mistake in buying a certain stock.
Sunday, April 6, 2008
Websites for Philippine listed companies
A Brown Company, Inc. (BRN), - http://www.xavierestates.com.ph/
A. Soriano Corporation (ANS) - http://www.anscor.com.ph/
Abacus Consolidated Resources and Holdings Inc. (ABA), http://www.abacusconsolidated.com/
Aboitiz Equity Ventures,Inc. (AEV), - http://www.aboitiz.com/
Aboitiz Power Corp.
Aboitiz Transport System (ATSC) Corp. (ATS) , http://www.atsc.com.ph/
Abra Mining and Industrial Corporation (AR)
ABS-CBN Brodcasting Corporation (ABS), - http://www.abscbn-ir.com/
ABS-CBN Holdings Corp.
Acesite (Phils.) Hotel Corporation(DHC), - http://www.manilapavilion.com.ph/
Active Alliance, Incorporated (AAI)
AGP Industrial Corporation (AGP)
Ajo.net Holdings Inc. (AJO), - http://www.ajonet.com/
Alaska Milk Corporation (AMC), - http://www.alaskamilk.com.ph/
Alcorn Gold Resources Corporation (APM), - http://www.alcorngold.tripod.com/
Alliance Global Group, Inc. (AGI)
Alliance Tuna International, Inc.
Allied Banking Corporation (ABC), - http://www.alliedbank.com.ph/
Alsons Consolidated Rsources, Inc. (ACR)
Anchor Land Holdings, Inc. , - http://www.anchorlandholdings.com/
Anglo Philippine Holdings Corporation (APO)
APC Group Inc. (APC)
Apex Mining Co., Inc. (APX)
Araneta Properties Inc. (ARA)
Aries Prime Resources, Inc. (APR)
Asia Amalgamated Holdings Corp. (AAA), - http://www.uni-wide.com.ph/
Asian Terminals Inc. (ATI), - http://www.asianterminals.com.ph/
Asia Trust Development Bank Inc. (ASIA)
Atlas Consolidated Mining and Development Corp. (AT)
ATN Holdings Inc. (ATN)
Atok-Big Wedge co., Incorporated (AB)
ATR Kim Eng Financial Corp. (ATRK), http://www.atr.com.ph/
Ayala Corporation (AC), - http://www.ayala-group.com.ph/
Ayala Land Inc. (ALI) , - http://www.ayalaland.com.ph/
Bacnotan Consolidated Industries Inc. (BCI) , http://www.bcii.com.ph/
Banco de Oro-EPCI, Inc. (BDO), - http://www.bdo.com.ph/
Banco Filipino Savings & Mortgae Bank (BF), http://www.bancofilipino.com/
Bank of Philippine Islands (BPI), - http://www.bpi.com.ph/
Bankard Inc. (BKD), - http://www.bankard.com/
Basic Energy Corporation
Belle Corporation (BEL), - http://www.bellecorp.com/
Benguet Corporation (BC), - http://www.benquetcorp.com/
Benpres Holdings Corporation (BPC), - http://www.benpres-holdings.com/
BHI Holdings, Inc.
Bogo-Medellin Milling Company Inc. (BMM)
Boulevard Holdings, Inc., (BHI), - http://www.boulevardholdings.com/
C & P Homes Inc. (CMP)
CADP Group Corporation (CAC), - http://www.cadp.com.ph/
Cebu Holdings, Incorporated (CHI) , http://www.cebuholdings.com.ph/
Cebu Property Ventures and Development Corp. (CPV)
Central Azucarera de Tarlac, Inc. (CAT)
Centro Escolar University (CEU), http://www.ceu.edu.ph/
Chemical Industries of the Philippines, Inc. (CIP), http://www.chemphil.com.ph/
Chemrez Technologies, Inc.
China Banking Corporation (CHIB) , http://www.chinabank.ph/
Chinatrust (Phils) Comercial Bank Corp. (CHTR) , http://www.chinatrust.com.ph/
Citiseconline.com, Inc. (COL), http://www.citiseconline.com.ph/
City & Land Developers, Inc.(LAND), - http://www.cityland.net/
Cityland Development Corporation (CDC) , http://www.cityland.net/
Citystate Savings Bank, Inc. (CSB), - http://www.citystatesavings.com/
Concrete Aggregates Corporation (CA) , http://www.concreteaggregatescorp.com/
Cosmos Bottling Cotporation (CBC) , http://www.ccbpi.com/
Crown Equities, Inc. (CEI)
Cyber Bay Corporation (CYBR)
Digital Telecommunications Phils., Inc. (DGTL), - http://www.digitelone.com/
Diversified Financial Network Inc. (DFNN), - http://www.dfnn.com/
Dizon Copper-Silver Mines., Inc. (DIZ)
DMCI Holdings., Inc. (DMC), - http://www.dmciholdings.com/
East Asia Power Resources Corp.
EasyCall Communications Phils., Inc. (ECP), - http://www.easycall.com.ph/
EEI Corporation (EEI), - http://www.eei.com.ph/
EIB Realty Developers, Inc (EIBR)
Empire East Land Holdings, Inc. (ELI), - http://www.empire-east.com/
eTelecare Global Solutions, Inc., (ETEL) http://www.etelecare.com/
Eton Properties Philippines, Inc.
Euro-Med Laboratories Phil., Inc. (EURO), - http://www.euromedlab.net/
Ever-Gotesco Resources and Holdings, Inc. (EVER)
Export and Industry Bank Inc. (EIB), - http://www.exportbank.com.ph/
F & J Prince Holdings Corp. (FJP)
Far Eastern University, Inc. (FEU), - http://www.feu.edu.ph/
Federal Resources Investment Group, Inc., (FED), http://www.federalchemicals.com.ph/
Fil-Estate Corporation
Fil-Estate Land, Inc. (LND), http://www.filestateland.com/
Filinvest Development Corporation (FDC), - http://www.filinvestgroup.com/
Filinvest Land, Inc. (FLI), http://www.filinvestland.com/
Filipino Fund, Inc. (FFI)
Filsyn Corporation (FYN)
First Abacus Financial Holdings Corp. (FAF), - http://www.abacus-sec.com/
First Gen Corp. (FGEN), http://www.firstgen.com.ph/
First Metro Investment Corp. (FMIC), http://www.firstmetro.com.ph/
First Philippine Holdings Corp. (FPH) , http://www.fphc.com/
First Philippine Infrastructure, Inc.
Fortune Cement Corporation (FCC)
Forum Pacific, Inc. (FPI)
Geograce Resources Phil. Inc. (GEO)
Ginebra San Miguel, Inc. (GSMI), - http://www.ginebrasanmiguel.com/
Globe Telecom, Inc. (GLO) , - http://www.globe.com.ph/
GMA Holdings, Inc. (GMAP), http://www.igma.tv/
GMA Network, Inc.
Gotesco Land, Inc. (GO)
Grand Plaza Hotel Corp. (GPH) , - http://www.heritagehotelmanila.com/
Highlands Prime, Inc. (HP) , - http://www.highlandsprime.com/
Holcim Philippines, Inc. (HLCM) , - http://www.holcim.com.ph/
House of Investments, Inc. (HI), - http://www.hoi.com.ph/
I-Remit, Inc. ( I), - http://www.mviremit.com/
Imperial Resources, Inc. (IMP)
Information Capital Tech. Ventures, Inc.
International Container Terminal Services, Inc. (ICT) , - http://www.ictsi.com/
Interphil Laboratories, Inc. (ILI) , - http://www.interphil_lab.com/
Interport resources Corporation (IRC)
Ionics, Inc. (ION) , - http://www.ionics-ems.com/
iPeople, Inc (IPO)
IPVG Corporation (IP) , - http://www.ipvg.com/
Island Information & Technology, Inc. (IS)
ISM Communications Corporation (ISM)
iVantage Corp. (V), - http://www.ivantage.com/
JG Summit Holdings, Inc. (JGS) , - http://www.jgsummit.com.ph/
Jollibee Foods Corporation (JFC), - http://www.jollibee.com.ph/
Jollivile Holdings Corp. (JOH)
JTH Davies Holdings, Inc (JTH), - http://www.jardinedavies.com/
Keppel Philippines Holdings, Inc.
Keppel Philippines marine, Inc.
Keppel Philipines Properties,Inc. (KEP), - http://www.keppelland.com.sq/
Leisure & Resorts World Corp.
Lepanto Consolidated Mining Company (LCB), - http://www.lepantomining.com/
Liberty Flour Mills, Inc
Liberty Telecoms Holdings, Inc
LMG Chemicals Corp. (LMG), - http://www.chemphil.com.ph/
Lodestar Investment Holdings Corp.
Lorenzo Shipping Corp. (LSC), - http://www.lorenzoshipping.com/
Mabuhay Holdings Corp.
Mabuhay Vinyl Corp.(MVC), - http://www.mvc.com.ph/
Macondray Plastics, Inc.
MacroAsia Corp. (MAC), - http://www.macroasiacorp.com/
Makati Finance Corp.
Manila Broadcasting Company
Manila Bulletin Publishing Corp. (MB), - http://www.mb.com.ph/
Manila Electrc Company (MER), - http://www.meralco.com.ph/
Manila Jockey Club, Inc. (MJC), http://www.manilajockeyclubinc.com/
Manila Mining Corp.
Manila Water Company, Inc. (MWC), - http://www.manilawater.com/
Manulife Financial Corp. (MFC), - http://www.manulife.com/
Mariwasa Manufacturing, Inc. (MMI), - http://www.mariwasa.com/
Marsteel Consolidated, Inc.
MEDCO Holdings, Inc. (MED), - http://www.medco.com.ph/
Megaworld Corp. (MEG), - http://www.megaworldcorp.com/
Metro Alliance Holdings & Equities Corp.
Metro Pacific Corp. (MPI), http://www.metropacific.com
Metro Pacific Investments (MPI), - http://www.metropacific.com/
Metropolitan Bank & Trust Company (MBT), - http://www.metrobank.com.ph/
MIC Holdings Corp.
Minerales Industrias Corp.
Mondragon International Phils., Inc.
MRC Allied Industries, Inc.
Music Semiconductors Corp. (MUSX), - http://www.musicsemicorp.com/
National Reinsurance Corp. (NRCP), - http://www.nrcp.com.ph/
NextStage, Inc.
NiHao Mineral Resources
Omico Corp.
Oriental Peninsula Resources Group, Inc.
Oriental Petroleum & Minerals Corp.
Pacific Online Systems Corp.
Pacifica,Inc.
PAL Holdings, Inc. (PAL)
Panasonic Manufacturing Phils. Corp. (PMPC), - http://www.panasonic.com.ph/
Pancake House, Inc. (PCKH), - http://www.pancakehouse.com.ph/
Paxys, Inc.
PCI Leasing & Finance, Inc.
Pepsi-Cola Products Phils., Inc. (PIP)
PetroEnergy Resources Corp.
Petron Corporation (PCOR), - http://www.pteron.com/
Philcomsat Holdings Corp.
Philex Mining Corp. (PX), - http://www.philexmining.com.ph/
Philippine Bank of Communications (PBC), - http://www.pbcom.com.ph/
Phil. Estates Corp. (PHES), - http://www.phes.net/
Philippine Long Distance Tel. Company (DTEL), - http://www.pldt.com.ph/
Philippine National Bank (PNB), - http://www.pnb.com.ph/
Philippine National Construction Corp. (PNC), - http://www.pnccweb.net/
Philippine Racing Club, Inc. (PRC), - http://www.santa-ana-park.com/
Philippine Realty & Holdings Corp.
Philippine Savings Bank (PSB), - http://www.psbank.com.ph/
Philippine Seven Corp. (SEVN), - http://www.7-eleven.com.ph/
Philippine Telegraph & Telephone Corp. (PTT), - http://www.ptt.com.ph/
Philippine Tobacco Flue-Curing & Redrying Corp.
Philippine Trust Company
PhilWeb Corp. (WEB), - http://www.philwebinc.com/
Phoenix Petroleum Phils., Inc. (PNX), - http://www.phoenixfuelslife.com/
PICOP Resources, Inc. (PCP), - http://www.srmo-law.com/
Pilipino Telephone Corp.
PNOC Energy Development Corp. (EDC), - http://www.energy.com.ph/
PNOC Exploration Corp. (PEC), - http://www.pnoc-ec.com.ph/
Polar Property Holdings Corp.
Premiere Entertainment Productions, Inc.
Prime Gaming Phils., Inc.
Prime Media Holdings, Inc.
Prime Orion Phils. Inc.
Primetown Property Group, Inc.
Primex Corporation
Pryce Corp. (PPC), - http://www.philgardens.com/
Republic Cement Corp.
Republic Glass Holdings Corp.
RFM Corporation (RFM), - http://www.rfm.com.ph/
Rizal Commercial Banking Corp. (RCB), - http://www.rcbc.com/
Robinsons Land Corporation (RLC), - http://www.robinsonsland.com/
Roxas Holdings, Inc. (ROX), - http://www.cadp.com.ph/
San Miguel Corp. (smc), - http://www.sanmiguel.com.ph/
San Miguel Properties, Inc. (SMP), - http://www.smppi.com.ph/
San Miguel Purefoods Company, Inc. (PF), - http://www.purefoods.com.ph/
Sanitary Wares Manufacturing Corp.
Seafront Resources Corp.
Security Bank Corp. (SECB), - http://www.securitybank.com.ph/
Semirara Mining Corp. (SCC_, - http://www.semiraramining.com/
Shang Properties, Inc. (SHNG), - http://www.edsa-properties.com/
Sinophil Corp.
SM Development Corp. (SMDC), - http://www.smdevelopment.com/
SM Investments Corp. (SM), - http://www.sminvestments.com/
SM Prime Holdings, Inc. (SMPH), - http://www.smprime.com/
Solid Group, Inc. (SGI), http://www.sen.com.ph/
South China Resources, Inc.
Southeast Asia Cement Holdings,Inc.(CMT),- http://www.lafargesemento.com/
SPC Power Corp. (SPC)
Splash Corporation (SPH)
Sta. Lucia Land Inc.
Steniel Manufacturing Corp. (STN), - http://www.steniel.com.ph/
Sun Life Financial, Inc. (SLF), - http://www.sunlife.com.ph/
Suntrust Home Developers, Inc.
Supercity Realty Development Corp. (SRDC), - http://www.supercity.com.ph/
Swift Foods, Inc. (SFI), - http://www.rfm.com.ph/swift/swift_foods
Tanduay Holdings, Inc. (TDY), - http://www.tanduay.com/
The Philippine Stock Exchange, Inc. (PSE), - http://www.pse.com.ph/
The Philodrill Corp, (OV), - http://www.philodrill.com/
TKC Steel Corp. (T),
Trans-Asia Oil & Energy Dev. Corp. (TA), - http://www.trans-asia-energy.com/
Transpacific Broadband Group Int'l Inc.
UEM Development Phils., Inc.
Unioil Resources & Holdings Company, Inc.
Union Bank of the Philippines, Inc. (UBP), - http://www.unionbankph.com/
United Paragon Mining Corp.
Universal Rightfield Property Holdings, Inc.
Universal Robina Corp. 9URC), - http://www.urc.com.ph/
Uniwide Holdings Inc. (UW), - http://www.uni-wide.com/
Victorias Milling Company, Inc.(VMC), - http://www.victoriasmilling.com/
Vista Land & Lifescapes, Inc.
Vitarich Corp. (VITA), - http://www.vitarich.com/
Vivant Corp.
Vulcan Industrial & Mining Corp.
Waterfront Philippines, Inc. (WPI), - http://www.waterfronthotels.net/
Wellex Industries, Inc.
Wise Holdings, Inc.
Zeus Holdings, Inc.
A. Soriano Corporation (ANS) - http://www.anscor.com.ph/
Abacus Consolidated Resources and Holdings Inc. (ABA), http://www.abacusconsolidated.com/
Aboitiz Equity Ventures,Inc. (AEV), - http://www.aboitiz.com/
Aboitiz Power Corp.
Aboitiz Transport System (ATSC) Corp. (ATS) , http://www.atsc.com.ph/
Abra Mining and Industrial Corporation (AR)
ABS-CBN Brodcasting Corporation (ABS), - http://www.abscbn-ir.com/
ABS-CBN Holdings Corp.
Acesite (Phils.) Hotel Corporation(DHC), - http://www.manilapavilion.com.ph/
Active Alliance, Incorporated (AAI)
AGP Industrial Corporation (AGP)
Ajo.net Holdings Inc. (AJO), - http://www.ajonet.com/
Alaska Milk Corporation (AMC), - http://www.alaskamilk.com.ph/
Alcorn Gold Resources Corporation (APM), - http://www.alcorngold.tripod.com/
Alliance Global Group, Inc. (AGI)
Alliance Tuna International, Inc.
Allied Banking Corporation (ABC), - http://www.alliedbank.com.ph/
Alsons Consolidated Rsources, Inc. (ACR)
Anchor Land Holdings, Inc. , - http://www.anchorlandholdings.com/
Anglo Philippine Holdings Corporation (APO)
APC Group Inc. (APC)
Apex Mining Co., Inc. (APX)
Araneta Properties Inc. (ARA)
Aries Prime Resources, Inc. (APR)
Asia Amalgamated Holdings Corp. (AAA), - http://www.uni-wide.com.ph/
Asian Terminals Inc. (ATI), - http://www.asianterminals.com.ph/
Asia Trust Development Bank Inc. (ASIA)
Atlas Consolidated Mining and Development Corp. (AT)
ATN Holdings Inc. (ATN)
Atok-Big Wedge co., Incorporated (AB)
ATR Kim Eng Financial Corp. (ATRK), http://www.atr.com.ph/
Ayala Corporation (AC), - http://www.ayala-group.com.ph/
Ayala Land Inc. (ALI) , - http://www.ayalaland.com.ph/
Bacnotan Consolidated Industries Inc. (BCI) , http://www.bcii.com.ph/
Banco de Oro-EPCI, Inc. (BDO), - http://www.bdo.com.ph/
Banco Filipino Savings & Mortgae Bank (BF), http://www.bancofilipino.com/
Bank of Philippine Islands (BPI), - http://www.bpi.com.ph/
Bankard Inc. (BKD), - http://www.bankard.com/
Basic Energy Corporation
Belle Corporation (BEL), - http://www.bellecorp.com/
Benguet Corporation (BC), - http://www.benquetcorp.com/
Benpres Holdings Corporation (BPC), - http://www.benpres-holdings.com/
BHI Holdings, Inc.
Bogo-Medellin Milling Company Inc. (BMM)
Boulevard Holdings, Inc., (BHI), - http://www.boulevardholdings.com/
C & P Homes Inc. (CMP)
CADP Group Corporation (CAC), - http://www.cadp.com.ph/
Cebu Holdings, Incorporated (CHI) , http://www.cebuholdings.com.ph/
Cebu Property Ventures and Development Corp. (CPV)
Central Azucarera de Tarlac, Inc. (CAT)
Centro Escolar University (CEU), http://www.ceu.edu.ph/
Chemical Industries of the Philippines, Inc. (CIP), http://www.chemphil.com.ph/
Chemrez Technologies, Inc.
China Banking Corporation (CHIB) , http://www.chinabank.ph/
Chinatrust (Phils) Comercial Bank Corp. (CHTR) , http://www.chinatrust.com.ph/
Citiseconline.com, Inc. (COL), http://www.citiseconline.com.ph/
City & Land Developers, Inc.(LAND), - http://www.cityland.net/
Cityland Development Corporation (CDC) , http://www.cityland.net/
Citystate Savings Bank, Inc. (CSB), - http://www.citystatesavings.com/
Concrete Aggregates Corporation (CA) , http://www.concreteaggregatescorp.com/
Cosmos Bottling Cotporation (CBC) , http://www.ccbpi.com/
Crown Equities, Inc. (CEI)
Cyber Bay Corporation (CYBR)
Digital Telecommunications Phils., Inc. (DGTL), - http://www.digitelone.com/
Diversified Financial Network Inc. (DFNN), - http://www.dfnn.com/
Dizon Copper-Silver Mines., Inc. (DIZ)
DMCI Holdings., Inc. (DMC), - http://www.dmciholdings.com/
East Asia Power Resources Corp.
EasyCall Communications Phils., Inc. (ECP), - http://www.easycall.com.ph/
EEI Corporation (EEI), - http://www.eei.com.ph/
EIB Realty Developers, Inc (EIBR)
Empire East Land Holdings, Inc. (ELI), - http://www.empire-east.com/
eTelecare Global Solutions, Inc., (ETEL) http://www.etelecare.com/
Eton Properties Philippines, Inc.
Euro-Med Laboratories Phil., Inc. (EURO), - http://www.euromedlab.net/
Ever-Gotesco Resources and Holdings, Inc. (EVER)
Export and Industry Bank Inc. (EIB), - http://www.exportbank.com.ph/
F & J Prince Holdings Corp. (FJP)
Far Eastern University, Inc. (FEU), - http://www.feu.edu.ph/
Federal Resources Investment Group, Inc., (FED), http://www.federalchemicals.com.ph/
Fil-Estate Corporation
Fil-Estate Land, Inc. (LND), http://www.filestateland.com/
Filinvest Development Corporation (FDC), - http://www.filinvestgroup.com/
Filinvest Land, Inc. (FLI), http://www.filinvestland.com/
Filipino Fund, Inc. (FFI)
Filsyn Corporation (FYN)
First Abacus Financial Holdings Corp. (FAF), - http://www.abacus-sec.com/
First Gen Corp. (FGEN), http://www.firstgen.com.ph/
First Metro Investment Corp. (FMIC), http://www.firstmetro.com.ph/
First Philippine Holdings Corp. (FPH) , http://www.fphc.com/
First Philippine Infrastructure, Inc.
Fortune Cement Corporation (FCC)
Forum Pacific, Inc. (FPI)
Geograce Resources Phil. Inc. (GEO)
Ginebra San Miguel, Inc. (GSMI), - http://www.ginebrasanmiguel.com/
Globe Telecom, Inc. (GLO) , - http://www.globe.com.ph/
GMA Holdings, Inc. (GMAP), http://www.igma.tv/
GMA Network, Inc.
Gotesco Land, Inc. (GO)
Grand Plaza Hotel Corp. (GPH) , - http://www.heritagehotelmanila.com/
Highlands Prime, Inc. (HP) , - http://www.highlandsprime.com/
Holcim Philippines, Inc. (HLCM) , - http://www.holcim.com.ph/
House of Investments, Inc. (HI), - http://www.hoi.com.ph/
I-Remit, Inc. ( I), - http://www.mviremit.com/
Imperial Resources, Inc. (IMP)
Information Capital Tech. Ventures, Inc.
International Container Terminal Services, Inc. (ICT) , - http://www.ictsi.com/
Interphil Laboratories, Inc. (ILI) , - http://www.interphil_lab.com/
Interport resources Corporation (IRC)
Ionics, Inc. (ION) , - http://www.ionics-ems.com/
iPeople, Inc (IPO)
IPVG Corporation (IP) , - http://www.ipvg.com/
Island Information & Technology, Inc. (IS)
ISM Communications Corporation (ISM)
iVantage Corp. (V), - http://www.ivantage.com/
JG Summit Holdings, Inc. (JGS) , - http://www.jgsummit.com.ph/
Jollibee Foods Corporation (JFC), - http://www.jollibee.com.ph/
Jollivile Holdings Corp. (JOH)
JTH Davies Holdings, Inc (JTH), - http://www.jardinedavies.com/
Keppel Philippines Holdings, Inc.
Keppel Philippines marine, Inc.
Keppel Philipines Properties,Inc. (KEP), - http://www.keppelland.com.sq/
Leisure & Resorts World Corp.
Lepanto Consolidated Mining Company (LCB), - http://www.lepantomining.com/
Liberty Flour Mills, Inc
Liberty Telecoms Holdings, Inc
LMG Chemicals Corp. (LMG), - http://www.chemphil.com.ph/
Lodestar Investment Holdings Corp.
Lorenzo Shipping Corp. (LSC), - http://www.lorenzoshipping.com/
Mabuhay Holdings Corp.
Mabuhay Vinyl Corp.(MVC), - http://www.mvc.com.ph/
Macondray Plastics, Inc.
MacroAsia Corp. (MAC), - http://www.macroasiacorp.com/
Makati Finance Corp.
Manila Broadcasting Company
Manila Bulletin Publishing Corp. (MB), - http://www.mb.com.ph/
Manila Electrc Company (MER), - http://www.meralco.com.ph/
Manila Jockey Club, Inc. (MJC), http://www.manilajockeyclubinc.com/
Manila Mining Corp.
Manila Water Company, Inc. (MWC), - http://www.manilawater.com/
Manulife Financial Corp. (MFC), - http://www.manulife.com/
Mariwasa Manufacturing, Inc. (MMI), - http://www.mariwasa.com/
Marsteel Consolidated, Inc.
MEDCO Holdings, Inc. (MED), - http://www.medco.com.ph/
Megaworld Corp. (MEG), - http://www.megaworldcorp.com/
Metro Alliance Holdings & Equities Corp.
Metro Pacific Corp. (MPI), http://www.metropacific.com
Metro Pacific Investments (MPI), - http://www.metropacific.com/
Metropolitan Bank & Trust Company (MBT), - http://www.metrobank.com.ph/
MIC Holdings Corp.
Minerales Industrias Corp.
Mondragon International Phils., Inc.
MRC Allied Industries, Inc.
Music Semiconductors Corp. (MUSX), - http://www.musicsemicorp.com/
National Reinsurance Corp. (NRCP), - http://www.nrcp.com.ph/
NextStage, Inc.
NiHao Mineral Resources
Omico Corp.
Oriental Peninsula Resources Group, Inc.
Oriental Petroleum & Minerals Corp.
Pacific Online Systems Corp.
Pacifica,Inc.
PAL Holdings, Inc. (PAL)
Panasonic Manufacturing Phils. Corp. (PMPC), - http://www.panasonic.com.ph/
Pancake House, Inc. (PCKH), - http://www.pancakehouse.com.ph/
Paxys, Inc.
PCI Leasing & Finance, Inc.
Pepsi-Cola Products Phils., Inc. (PIP)
PetroEnergy Resources Corp.
Petron Corporation (PCOR), - http://www.pteron.com/
Philcomsat Holdings Corp.
Philex Mining Corp. (PX), - http://www.philexmining.com.ph/
Philippine Bank of Communications (PBC), - http://www.pbcom.com.ph/
Phil. Estates Corp. (PHES), - http://www.phes.net/
Philippine Long Distance Tel. Company (DTEL), - http://www.pldt.com.ph/
Philippine National Bank (PNB), - http://www.pnb.com.ph/
Philippine National Construction Corp. (PNC), - http://www.pnccweb.net/
Philippine Racing Club, Inc. (PRC), - http://www.santa-ana-park.com/
Philippine Realty & Holdings Corp.
Philippine Savings Bank (PSB), - http://www.psbank.com.ph/
Philippine Seven Corp. (SEVN), - http://www.7-eleven.com.ph/
Philippine Telegraph & Telephone Corp. (PTT), - http://www.ptt.com.ph/
Philippine Tobacco Flue-Curing & Redrying Corp.
Philippine Trust Company
PhilWeb Corp. (WEB), - http://www.philwebinc.com/
Phoenix Petroleum Phils., Inc. (PNX), - http://www.phoenixfuelslife.com/
PICOP Resources, Inc. (PCP), - http://www.srmo-law.com/
Pilipino Telephone Corp.
PNOC Energy Development Corp. (EDC), - http://www.energy.com.ph/
PNOC Exploration Corp. (PEC), - http://www.pnoc-ec.com.ph/
Polar Property Holdings Corp.
Premiere Entertainment Productions, Inc.
Prime Gaming Phils., Inc.
Prime Media Holdings, Inc.
Prime Orion Phils. Inc.
Primetown Property Group, Inc.
Primex Corporation
Pryce Corp. (PPC), - http://www.philgardens.com/
Republic Cement Corp.
Republic Glass Holdings Corp.
RFM Corporation (RFM), - http://www.rfm.com.ph/
Rizal Commercial Banking Corp. (RCB), - http://www.rcbc.com/
Robinsons Land Corporation (RLC), - http://www.robinsonsland.com/
Roxas Holdings, Inc. (ROX), - http://www.cadp.com.ph/
San Miguel Corp. (smc), - http://www.sanmiguel.com.ph/
San Miguel Properties, Inc. (SMP), - http://www.smppi.com.ph/
San Miguel Purefoods Company, Inc. (PF), - http://www.purefoods.com.ph/
Sanitary Wares Manufacturing Corp.
Seafront Resources Corp.
Security Bank Corp. (SECB), - http://www.securitybank.com.ph/
Semirara Mining Corp. (SCC_, - http://www.semiraramining.com/
Shang Properties, Inc. (SHNG), - http://www.edsa-properties.com/
Sinophil Corp.
SM Development Corp. (SMDC), - http://www.smdevelopment.com/
SM Investments Corp. (SM), - http://www.sminvestments.com/
SM Prime Holdings, Inc. (SMPH), - http://www.smprime.com/
Solid Group, Inc. (SGI), http://www.sen.com.ph/
South China Resources, Inc.
Southeast Asia Cement Holdings,Inc.(CMT),- http://www.lafargesemento.com/
SPC Power Corp. (SPC)
Splash Corporation (SPH)
Sta. Lucia Land Inc.
Steniel Manufacturing Corp. (STN), - http://www.steniel.com.ph/
Sun Life Financial, Inc. (SLF), - http://www.sunlife.com.ph/
Suntrust Home Developers, Inc.
Supercity Realty Development Corp. (SRDC), - http://www.supercity.com.ph/
Swift Foods, Inc. (SFI), - http://www.rfm.com.ph/swift/swift_foods
Tanduay Holdings, Inc. (TDY), - http://www.tanduay.com/
The Philippine Stock Exchange, Inc. (PSE), - http://www.pse.com.ph/
The Philodrill Corp, (OV), - http://www.philodrill.com/
TKC Steel Corp. (T),
Trans-Asia Oil & Energy Dev. Corp. (TA), - http://www.trans-asia-energy.com/
Transpacific Broadband Group Int'l Inc.
UEM Development Phils., Inc.
Unioil Resources & Holdings Company, Inc.
Union Bank of the Philippines, Inc. (UBP), - http://www.unionbankph.com/
United Paragon Mining Corp.
Universal Rightfield Property Holdings, Inc.
Universal Robina Corp. 9URC), - http://www.urc.com.ph/
Uniwide Holdings Inc. (UW), - http://www.uni-wide.com/
Victorias Milling Company, Inc.(VMC), - http://www.victoriasmilling.com/
Vista Land & Lifescapes, Inc.
Vitarich Corp. (VITA), - http://www.vitarich.com/
Vivant Corp.
Vulcan Industrial & Mining Corp.
Waterfront Philippines, Inc. (WPI), - http://www.waterfronthotels.net/
Wellex Industries, Inc.
Wise Holdings, Inc.
Zeus Holdings, Inc.
Thursday, April 3, 2008
P/E Ratio ( Price -to-Earnings Ratio)
What is price-earnings ratio?
It is one of the criteria to follow in order to know if the stock is good or not. It can show the number of years it will take current earnings to reach the market price. It's figured by dividing the current price per share by the earnings per share. Example: If the current price is 6 pesos and the earnings per share is 24 centavos, then it's P/E ratio would be 25, this means it takes for you 25 years to recoup your investment of 6 pesos. According to studies there is no ideal P/E ratio, a stock with a high P/E may seem overpriced , the company maybe growing so fast, while a stock with low P/E may seem like a bargain but watch out the company may have some problems which might hurt or decrease future earnings. The lower the P/E , the more the stock is being shunned by the market or by the investing public. Check the company properly if you intend to buy stocks with a very low P/E.
Example of a company with a high P/E
For illustration only - Suppose first metro share price is 20 pesos and it earns 1 peso per share last year = so its price-earning ratio is 20.
share price = P20.00
earning/share = P1.00
20.00 stock price divide by 1.oo EPS = P/E of 20
Example of a company with a low P/E
For illustration only - Suppose San Miguel Corp. share price is P43.50 and it earns 3.36 per share last year = so its price-earning ratio is 12.946
share price = P43.50
earning /share = P3.36
43.50 stock price divide by 3.36 EPS = P/E 12.946
It is one of the criteria to follow in order to know if the stock is good or not. It can show the number of years it will take current earnings to reach the market price. It's figured by dividing the current price per share by the earnings per share. Example: If the current price is 6 pesos and the earnings per share is 24 centavos, then it's P/E ratio would be 25, this means it takes for you 25 years to recoup your investment of 6 pesos. According to studies there is no ideal P/E ratio, a stock with a high P/E may seem overpriced , the company maybe growing so fast, while a stock with low P/E may seem like a bargain but watch out the company may have some problems which might hurt or decrease future earnings. The lower the P/E , the more the stock is being shunned by the market or by the investing public. Check the company properly if you intend to buy stocks with a very low P/E.
Example of a company with a high P/E
For illustration only - Suppose first metro share price is 20 pesos and it earns 1 peso per share last year = so its price-earning ratio is 20.
share price = P20.00
earning/share = P1.00
20.00 stock price divide by 1.oo EPS = P/E of 20
Example of a company with a low P/E
For illustration only - Suppose San Miguel Corp. share price is P43.50 and it earns 3.36 per share last year = so its price-earning ratio is 12.946
share price = P43.50
earning /share = P3.36
43.50 stock price divide by 3.36 EPS = P/E 12.946
Thursday, March 27, 2008
Selling (When to sell stocks)
When is the best time to sell?
Selling is just as important as buying stocks. I had read a lot of books about buying stocks but not about seling. So.. when do you know when the stock is to be sold.. I think it is the same as when buying stock theres no such perfect formulas to follow---sometimes common sense should be applied-- but some criteria can be followed to achieve maximum profit.
Here are some criteria you can follow as your selling points. This depends on your goal and planning.
1. When you buy certain stocks you should already plan when to sell. O. K I give you an example if you buy a certain stock at 27.50 per share you can put it in your mindset that if it goes up to 33.00 that's the time to sell your stock, that's a 20% profit already. What if the scenario is inverted and the stock you bought instead of climbing up it goes down, you should be prepared to accept a loss, once the stock you buy drops to around 8-10%.
2. Sell stocks when it start to drop in price after a prolonged upswing, like when you are holding a stock for few months in an upswing trend then it start to drop in price it is time to dispose the stock.
3. When you learn that the company is experiencing bad debt.
4. When you observe that the products of certain company is inferior or people are not patronizing the product or services.
5. When the dividend income is lower than the previous one.
6. When the earnings of the company is decreasing.
7. When every price of a stock in that industry or sector is dropping.
Selling is just as important as buying stocks. I had read a lot of books about buying stocks but not about seling. So.. when do you know when the stock is to be sold.. I think it is the same as when buying stock theres no such perfect formulas to follow---sometimes common sense should be applied-- but some criteria can be followed to achieve maximum profit.
Here are some criteria you can follow as your selling points. This depends on your goal and planning.
1. When you buy certain stocks you should already plan when to sell. O. K I give you an example if you buy a certain stock at 27.50 per share you can put it in your mindset that if it goes up to 33.00 that's the time to sell your stock, that's a 20% profit already. What if the scenario is inverted and the stock you bought instead of climbing up it goes down, you should be prepared to accept a loss, once the stock you buy drops to around 8-10%.
2. Sell stocks when it start to drop in price after a prolonged upswing, like when you are holding a stock for few months in an upswing trend then it start to drop in price it is time to dispose the stock.
3. When you learn that the company is experiencing bad debt.
4. When you observe that the products of certain company is inferior or people are not patronizing the product or services.
5. When the dividend income is lower than the previous one.
6. When the earnings of the company is decreasing.
7. When every price of a stock in that industry or sector is dropping.
Sunday, March 23, 2008
Practical way to select a good company
How to select a good company just by observing and looking around.
O.K....As your alarm clock (panasonic) wakes you up in the morning, that's one company you can consider, why did you buy that alarm clock in the first place because you like the company that manufacture your alarm clock. You get up take shower, you use a shampoo and a conditioner which you've been using for years, then you also wash your body with soap and cream bath.
After taking a bath you brush you teeth, what's your toothpaste and also gargle with listerine.
You go down to the kitchen and made some breakfast. You prepare a coffee with a creamer you take out a bread and put some butter. You take your breakfast in a rush but before you go, you look around, you are satisfied with what you see, your refrigerator is working alright, the toaster, the gas range, the microwave oven, your rice cooker and the water thermo.
You turn off everything, the lights ( Meralco) and off you go , office here i come, while on your way you observe what's happening around, you pass by jollibee, some banks, and supermarkets, your looking at people that come and go. You arrive at your office, which you've been loyal working for 10 years already , you love your job, you like your company ( San Miguel Corp.) and you believe in your products. The day pass by so fast, you decided to do some shopping, you pass by s.m. supermart, you observe the people around, ask yourself why are more people buying that kind of product, you still look around you see a lot of people wearing a clothes of the same brand.
Do you notice what I mean by observing and looking around, all the products and companies you notice the whole day, If you invest in stock market you can select from what you know and notice which company is good, you can start from your own backyard. The products you used, the food you eat, any utilities you are using, and all the appliances in your home, be observant and you can win the battle.
Good Luck...
O.K....As your alarm clock (panasonic) wakes you up in the morning, that's one company you can consider, why did you buy that alarm clock in the first place because you like the company that manufacture your alarm clock. You get up take shower, you use a shampoo and a conditioner which you've been using for years, then you also wash your body with soap and cream bath.
After taking a bath you brush you teeth, what's your toothpaste and also gargle with listerine.
You go down to the kitchen and made some breakfast. You prepare a coffee with a creamer you take out a bread and put some butter. You take your breakfast in a rush but before you go, you look around, you are satisfied with what you see, your refrigerator is working alright, the toaster, the gas range, the microwave oven, your rice cooker and the water thermo.
You turn off everything, the lights ( Meralco) and off you go , office here i come, while on your way you observe what's happening around, you pass by jollibee, some banks, and supermarkets, your looking at people that come and go. You arrive at your office, which you've been loyal working for 10 years already , you love your job, you like your company ( San Miguel Corp.) and you believe in your products. The day pass by so fast, you decided to do some shopping, you pass by s.m. supermart, you observe the people around, ask yourself why are more people buying that kind of product, you still look around you see a lot of people wearing a clothes of the same brand.
Do you notice what I mean by observing and looking around, all the products and companies you notice the whole day, If you invest in stock market you can select from what you know and notice which company is good, you can start from your own backyard. The products you used, the food you eat, any utilities you are using, and all the appliances in your home, be observant and you can win the battle.
Good Luck...
Saturday, March 22, 2008
Investing mistakes
How can we know that what we buy is not the right one?
How can we avoid buying the wrong share of stocks?
Ahhhh... Every books I read about investing have different approach some say buy when the stocks are bullish, some say buy when they are at their lowest price. Some books say diversify others say concentrate on one kind of stock which is appreaciating ohhh... its so confusing so its up to you to decide which is best for you.
Here are some pointers to avoid burn-out in investing:
1. Avoid emotionally in love with your stocks-if the stocks are losing sell don't be stubborn thinking that it will bounce in price right away. Avoid waiting and keep hoping until your loss gets bigger and costs you dearly. It was a mistake which I made few years ago, A friend encourage me to buy a stock since I don't know about stock investment before I just go and buy. I don't know that I bought it near its top after few weeks the stock keep sliding down, I decided to keep the stock hoping that it will bounce back, months and years pass but the stock remains on its low price. If only I sold it long time ago I should have bought other stocks that is a winner.
2. You should plan every purchase (see the blog about the rules I follow in investing) in order to guide you and can make a decision right away of what to do, do I have to buy, do I have to sell, or Do I have to hold onto my investment. It is easier for you to make up your mind and do what is right.
3. Avoid stocks that are not performing well-this is one of the causes that's why a lot of first time investors never get past the first hurdle. First of all you have to select or find a successful stock- make your own criteria in selecting what you think is a good stock. tip for you--look for real market leaders
4. Don't think that you can make a quick buck in investing, better yet go to a casino and gamble if that's the way you think. In investing you need to acquire the essential skills and have to spend some time in knowing what you are doing. You have to study the market, the sectors, the stocks you plan to acquire...it takes time you know.
5. Don't take unnecessary risks-invest only on what you can afford to lose, if they promise a very large amount of reward the bigger the risk and the percentage of losing all your money is higher. Don't speculate if you cannot afford to.
6. Avoid investing through hot tips, from investment rumors, tips from pretenders who know everything about the market. Invest in what you know and not in what they know.
7. Avoid pretending that you know everything there is a lot to learn about investing, even the expert are continually learning and researching.
8. Procrastination -we always here the saying "Time is gold" but a lot of people put off financial decisions because of so many alibi's like no time, no big savings, or they might do the wrong thing. Being ashamed to invest in small amount-with this attitude you'll never start in the world of investing.
Tuesday, March 18, 2008
Rules to follow when investing
I believe that there are no set formulas for successful investing, no two individual are alike in their approach to investing, for each person is unique in dealing with financial matters.
But before plunging yourself in the world of investment consider some of these important things.
1. Investing in stock market is a risky process you might loss the sleeve of your shirt or the whole of your shirt. That's why before putting your hard earn money be sure you have something liquid (cash) for example you may wish to keep equivalent of six months of your monthly expenses for emergencies like loss of job and medical needs, until then it is safe for you to build your investment portfolio.
2.Plan ahead, What's your goal in investing? Is it for a long term or short term. How would you approach to invest, is it high risk, medium risk or low risk? Every investment involves some risk that you'll lose money in it.
3.I believe in the saying " Do not put all your eggs in one basket" If you accidentally drop that basket all the eggs might be broken, this saying refers to putting all your money into one type of investment. Diversify is the key to safer investing. It's not a good idea to invest in the stock of one company or stocks of companies within one industry or sectors. Spread your risk, you may not make quite as much money in a range of companies as you would with an investment in a single one if that one does well, but the risk is less. The more diversify you are, the safer for you as a beginner.
But before plunging yourself in the world of investment consider some of these important things.
1. Investing in stock market is a risky process you might loss the sleeve of your shirt or the whole of your shirt. That's why before putting your hard earn money be sure you have something liquid (cash) for example you may wish to keep equivalent of six months of your monthly expenses for emergencies like loss of job and medical needs, until then it is safe for you to build your investment portfolio.
2.Plan ahead, What's your goal in investing? Is it for a long term or short term. How would you approach to invest, is it high risk, medium risk or low risk? Every investment involves some risk that you'll lose money in it.
3.I believe in the saying " Do not put all your eggs in one basket" If you accidentally drop that basket all the eggs might be broken, this saying refers to putting all your money into one type of investment. Diversify is the key to safer investing. It's not a good idea to invest in the stock of one company or stocks of companies within one industry or sectors. Spread your risk, you may not make quite as much money in a range of companies as you would with an investment in a single one if that one does well, but the risk is less. The more diversify you are, the safer for you as a beginner.
Sunday, March 16, 2008
Resolutions to start savings
Here's five ways to give yourself a more prosperous new year
1. Resolution 1:
Save your Christmas bonus and 13th month pay and every time you get paid set aside 10%-15% of your salary to a deposit account or even better in a market account. Open an account from one of the major unit trust funds like Mutual fund company of the Philippines which usually pays a higher interest rates than banks.
2. Resolution 2:
Plan for your retirement - get a social security or apply for a pension plan with a reputable company like phil plan inc.
3. Resolution 3:
Get help, it is better to get advice from the expert like financial planners.
4. Resolution 4:
Talk to family members and friends regarding your plans, it is better to get a second opinion before venturing into any financial undertaking.
5. Resolution 5:
Don't be greedy, be patient.
Tuesday, March 11, 2008
Investing in Philippine stocks
I'll talk about investing in Philippine stock market---
First things first, What are stocks?
Stocks are listed shares that offer a chance to buy an equity stake in a company. IF you buy shares of stocks of a company you are considered a part owner of the company. You are entitled to vote in an annual meeting for the company officers and also entitled to receive dividends corresponding to the amount of shares you owned.
How can I buy stocks? You cannot go to the exchange like going to a shop, you must use a stock broker. An investor could buy share of stocks through authorized trading firms. You should open a trading account first before you can buy shares of stocks. You can find the complete list of all the brokerage firms under the trading participants at the Philippine stock Exchange website. As for me since I'm not in the Philippines right now I prefer to use the online brokerage firms, their are several of them like metrobank, accord capital, bpi or citiseconline. The advantage of using online firms is that the commission charges are less.
Once you selected a brokerage firm through online you can download an application forms fill it up and sent it back together with a photocopy of two valid identification. As soon as your application is accepted, they will inform you through e-mail, at this time you can start sending your initial investment. You should tell them exactly how many shares you wish to buy, you must also tell them how much price you are prepared to pay-tell your broker your price limits.
WHAT IS THE MINIMUM AMOUNT NEEDED TO INVEST IN THE STOCK MARKET? In Philippines equity trading is done by board lot or round lot system. The Board Lot Table determines the minimum number of shares one can purchase or sell at a specific price range. Therefore, the minimum amount needed to invest in the stock market varies and will depend on the market price of the security as well as its corresponding board lot.
Here's the Board Lot Table:
-----PRICE--------------- FLUCTUATIONS ----------------- MINIMUM BOARD LOT
---0.001 to 0.0024 -------------0.0002 ------------------------------1,000,000
---0.0026 to 0.0050------------0.0002------------------------------ 1,000,000
---0.0055 to 0.0100------------ 0.0005------------------------------1,000,000
---0.0110 to 0.0250 -------------0.001 ---------------------------------100,000
---0.0260 to 0.0500 -------------0.001 ---------------------------------100,000
---0.0525 to 0.1000 -------------0.0025-------------------------------- 100,000
---0.105 to 0.2500---------------0.005 ----------------------------------10,000
---0.2600 to 0.5000 -------------0.01----------------------------------- 10,000
---0.5100 to 1.000 ----------------0.01 -----------------------------------10,000
---1.020 to 2.500------------------0.02------------------------------------ 1,000
---2.550 to 5.000------------------ 0.05----------------------------------- 1,000
---5.10 to 10.00--------------------- 0.10-----------------------------------1,000
---10.25 to 25.00 -------------------0.25 -------------------------------------100
---25.50 to 50.00------------------- 0.50-------------------------------------100
---50.50 to 100.00-------------------0.50 ------------------------------------100
---101.0 to 250.00-------------------- 1.00-------------------------------------10
---252.50 to 500.00 -------------------2.50------------------------------------10
---505.00 and up ----------------------5.00------------------------------------10
For example:
If you want to buy the stock of a company with a share price of 10 pesos you need to buy 1,000 shares because that's the minimum required as stated in the board lot table. In this regard he needs around 10,000 pesos plus charges.
Market share P 10.00
Minimum number of shares X 1,000
P 10,000.00
plus you have to pay broker's commission, transfer fee + 12% vat, and sccp
Next you need to know the bid price of a stock to know how much and how many shares you can buy in a certain stocks.
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First things first, What are stocks?
Stocks are listed shares that offer a chance to buy an equity stake in a company. IF you buy shares of stocks of a company you are considered a part owner of the company. You are entitled to vote in an annual meeting for the company officers and also entitled to receive dividends corresponding to the amount of shares you owned.
How can I buy stocks? You cannot go to the exchange like going to a shop, you must use a stock broker. An investor could buy share of stocks through authorized trading firms. You should open a trading account first before you can buy shares of stocks. You can find the complete list of all the brokerage firms under the trading participants at the Philippine stock Exchange website. As for me since I'm not in the Philippines right now I prefer to use the online brokerage firms, their are several of them like metrobank, accord capital, bpi or citiseconline. The advantage of using online firms is that the commission charges are less.
Once you selected a brokerage firm through online you can download an application forms fill it up and sent it back together with a photocopy of two valid identification. As soon as your application is accepted, they will inform you through e-mail, at this time you can start sending your initial investment. You should tell them exactly how many shares you wish to buy, you must also tell them how much price you are prepared to pay-tell your broker your price limits.
WHAT IS THE MINIMUM AMOUNT NEEDED TO INVEST IN THE STOCK MARKET? In Philippines equity trading is done by board lot or round lot system. The Board Lot Table determines the minimum number of shares one can purchase or sell at a specific price range. Therefore, the minimum amount needed to invest in the stock market varies and will depend on the market price of the security as well as its corresponding board lot.
Here's the Board Lot Table:
-----PRICE--------------- FLUCTUATIONS ----------------- MINIMUM BOARD LOT
---0.001 to 0.0024 -------------0.0002 ------------------------------1,000,000
---0.0026 to 0.0050------------0.0002------------------------------ 1,000,000
---0.0055 to 0.0100------------ 0.0005------------------------------1,000,000
---0.0110 to 0.0250 -------------0.001 ---------------------------------100,000
---0.0260 to 0.0500 -------------0.001 ---------------------------------100,000
---0.0525 to 0.1000 -------------0.0025-------------------------------- 100,000
---0.105 to 0.2500---------------0.005 ----------------------------------10,000
---0.2600 to 0.5000 -------------0.01----------------------------------- 10,000
---0.5100 to 1.000 ----------------0.01 -----------------------------------10,000
---1.020 to 2.500------------------0.02------------------------------------ 1,000
---2.550 to 5.000------------------ 0.05----------------------------------- 1,000
---5.10 to 10.00--------------------- 0.10-----------------------------------1,000
---10.25 to 25.00 -------------------0.25 -------------------------------------100
---25.50 to 50.00------------------- 0.50-------------------------------------100
---50.50 to 100.00-------------------0.50 ------------------------------------100
---101.0 to 250.00-------------------- 1.00-------------------------------------10
---252.50 to 500.00 -------------------2.50------------------------------------10
---505.00 and up ----------------------5.00------------------------------------10
For example:
If you want to buy the stock of a company with a share price of 10 pesos you need to buy 1,000 shares because that's the minimum required as stated in the board lot table. In this regard he needs around 10,000 pesos plus charges.
Market share P 10.00
Minimum number of shares X 1,000
P 10,000.00
plus you have to pay broker's commission, transfer fee + 12% vat, and sccp
Next you need to know the bid price of a stock to know how much and how many shares you can buy in a certain stocks.
Post a Comment
Add to Favorites
Print Article
Save/Share:
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When is the best time to invest?
When is the best time to start investing?
There is only one answer to that question which is NOW
There is only one answer to that question which is NOW
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