Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Monday, April 20, 2015

Aboitiz Power Corporation #AP


NOTES:

  • Good for long term investment considering its dividend yield percentage of 2.3%
  • Currently at a bargain price
  • COL's FV rating is Php 46.10
  • Main trend is bullish

Finance Lingo 101: Market Failure

An economic term that encompasses a situation where, in any given market, the quantity of a product demanded by consumers does not equate to the quantity supplied by suppliers. This is a direct result of a lack of certain economically ideal factors, which prevents equilibrium. source: Investopedia

Tuesday, April 7, 2015

FERRONICKEL #FNI

FERRONICKEL Chart
NOTES:

  • Resistance: 2.44 / 2.99
  • Support: 1.79
  • Buyers > Sellers
  • MACD showing some divergence signal
  • RSI now at 53.5%
  • Double bottom



Latest News

Clarification of news article entitled “FNI acquiring China nickel processing plant” posted in Manila Bulletin (Internet Edition) on April 2, 2015.

We refer to the news article entitled “FNI acquiring China nickel processing plant” posted in Manila Bulletin (Internet Edition) on April 2, 2015. The article reported in part that:

“Global Ferro Nickel Holdings, Inc. (FNI), the third biggest nickel producer in the country, is acquiring a nickel processing plant in China for the further processing of nickel ore from its mining operations in the Philippines.
FNI Director Francis Chua said that FNI expects to wrap up the ongoing negotiations.
Once completed, FNI will create its wholly-owned subsidiary in China.
However, Chua refused to divulge the acquisition cost of the Chinese plant, but said it is substantial enough.
The China plant has an estimated annual processing capacity of at least10 (sic) million metric tons of ferronickel ore.
. . . .”

By way of reply, we say that the acquisition is still being discussed. Required disclosures will be made by the Company in due course. 

Source: PSE EDGE

Monday, April 6, 2015

Araneta Properties Inc #ARA


NOTES:

  • Forming descending triangle.
  • Will support hold at 1.28?
  • Sellers > Buyers
  • Indicators showing mixed signals.

Finance Lingo 101: Loan-To-Value Ratio - LTV Ratio

A lending risk assessment ratio that financial institutions and others lenders examine before approving a mortgage. Typically, assessments with high LTV ratios are generally seen as higher risk and, therefore, if the mortgage is accepted, the loan will generally cost the borrower more to borrow or he or she will need to purchase mortgage insurance.

Centro Escolar University #CEU


NOTES:

  • Resistance: 12
  • Support: 10
  • Sellers > Buyers
  • Indicators showing near oversold level.
  • Do we expect it to bounce?
Finance Lingo 101: Private Placement


The sale of securities to a relatively small number of select investors as a way of raising capital. Investors involved in private placements are usually large banks, mutual funds, insurance companies and pension funds. Private placement is the opposite of a public issue, in which securities are made available for sale on the open market. ~Investopedia

Sunday, April 5, 2015

South China Resources Inc #SOC


NOTES:

  • Resistance: 0.98
  • Currently trading at major support at 0.93
  • Wait for a catalyst that will trigger the bounce.  If none, it may fall below support line.
  • Money flow index is at oversold level 30.2%

Finance Lingo 101: Treasury Stock (Treasury Shares)

The portion of shares that a company keeps in their own treasury. Treasury stock may have come from a repurchase or buyback from shareholders; or it may have never been issued to the public in the first place. These shares don't pay dividends, have no voting rights, and should not be included in shares outstanding calculations. ~Investopedia