Interim Earnings Scorecard - As of November 21, 2007

INTERIM EARNINGS SCORECARD
As of 21 Nov 2007
1. COAT 9M/07 - P353 M 9M/06 - P52 M +579%
2. LOTO 9M/07 - P115 M 9M/06 - P41 M +180%
3. WEB 9M/07 - P121.7 M 9M/06 - P42.3 M +188%
4. I 9M/07 - P78.2 M 9M/06 - P28.3 M +176%
5. ABS 9M/07 - P1.1 B 9M/06 - P551 M +100%
6. RCB 9M/07 - P2.52 B 9M/06 - P1.16 B +117%
7. ELI 9M/07 - P140.7 M 9M/06 - P104.8 M +34%
8. GMA7 9M/07 - P1.79 B 9M/06 - P1.53 B +17%
9. MER 9M/07 - P2.8 B 9M/06 - P59 M +370%
10. BEL 9M/07 - P140.3 M 9M/06 - P117 M +20%
11. SMDC 9M/07 - P791.8 M 9M/06 - P590.9 M +34%
12. BPI 9M/07 - P7.6 B 9M/06 - P6.8 B +11%
13. AEV 9M/07 - P3.9 B 9M/06 - P2.4 B +63%
14. ATS 9M/07 - P480.8 M 9M/06 - P-353.2 M +236%
15. AP 9M/07 - P2.4 B 9M/06 - P1.6 B +45%
16. UBP 9M/07 - P2.57 B 9M/06 - P1.63 B +58%
17. SINO 9M/07 - P-23.5 M 9M/06 - P-3.1 M N/A
18. PLTL 9M/07 - P5.7 B 9M/06 - P8.46 B -33%
19. SECB 9M/07 - P1.83 B 9M/06 - P1.35 B +36%
20. TEL 9M/07 - P26.5 B 9M/06 - P25.7 B +3%
21. GLO 9M/07 - P9.7 B 9M/06 - P9.3 B +4%
22. T 9M/07 - P123.21 M 9M/06 - P-1.27 M N/A
23. CDC 9M/07 - P358.65 M 9M/06 - P336.45 M +7%
24. PX 9M/07 - P4.02 B 9M/06 - P2.16 B +86%
25. FGEN 9M/07 - $99.6 M 9M/06 - $66.5 M +50%
26. SMC 9M/07 - P7.07 B 9M/06 - P6.2 B +15%
27. ICT 9M/07 - P1.672 B 9M/06 - P1.315 B +27%
28. PCOR 9M/07 - P4.1 B 9M/06 - P3.99 B +3%
29. MEG 9M/07 - P2.29 B 9M/06 - P1.51 B +52%
30. AGI 9M/07 - P3.5 B 9M/06 - P465.7 M +652%
31. RFM 9M/07 - P149 M 9M/06 - P111 M +34%
32. KPH 9M/07 - P1.3 M 9M/06 - P42.2 M -97%
33. BDO 9M/07 - P4.9 B 9M/06 - P4.7 B +4%
34. MPI 9M/07 - P235.6 M 9M/06 - P-590.9 M +140%
35. EDC 9M/07 - P5.4 B 9M/06 - P4.6 B +17%
36. VLL 9M/07 - P2.7 B 9M/06 - P1 B +170%
37. ALI 9M/07 - P3.1 B 9M/06 - P2.7 B +15%
38. SEVN 9M/07 - P33.29 M 9M/06 - P-19.48 M +271%
39. ISM 9M/07 - P46.3 M 9M/06 - P-3.99 M N/A
40. AC 9M/07 - P13.6 B 9M/06 - P9.6 B +41%
41. IPVG 9M/07 - P119 M 9M/06 - P-51 M +333%
42. SMPH 9M/07 - P4.3 B 9M/06 - P3.9 B +11%
43. JFC 9M/07 - P1.8 B 9M/06 - P1.5 B +21%
44. BPC 9M/07 - P2.676 B 9M/06 - P2.981 B -10%
45. JGS 9M/07 - P5.07 B 9M/06 - P5.59 B -9%
46. PNB 9M/07 - P1.1 B 9M/06 - P609.9 M +82%
47. MBT 9M/07 - P5.3 B 9M/06 - P4.4 B +21%
48. FPH 9M/07 - P3.7 B 9M/06 - P5.2 B -30%
49. FLI 9M/07 - P1.3 B 9M/06 - P666 M +95%
50. ATI 9M/07 - P509 M 9M/06 - P592 M +4%
51. ATRK 9M/07 - P191.86 M 9M/06 - P1.13 M N/A
52. AB 9M/07 - P-3.9 M 9M/06 - P-3.8 M N/A
53. ACR 9M/07 - P500.5 M 9M/06 - P526.5 M -5%
54. APC 9M/07 - P9.1 M 9M/06 - P-192.5 M N/A
55. APM 9M/07 - P2.8 M 9M/06 - P9.3 M -70%
56. BH 9M/07 - P3.65 M 9M/06 - P3.82 M -4%
57. BRN 9M/07 - P34.08 M 9M/06 - P36.78 M -7%
58. CAT 9M/07 - P-105.8 M 9M/06 - P-105.6 M N/A
59. CHI 9M/07 - P200 M 9M/06 - P187.4 M +7%
60. CPV 9M/07 - P173.6 M 9M/06 - P80.4 M +116%
61. CSB 9M/07 - P4.9 M 9M/06 - P18.1 M -73%
62. FC 9M/07 - P-2.6 M 9M/06 - P-2.1 M N/A
63. FFI 9M/07 - P29.6 M 9M/06 - P23.7 M +25%
64. FMIC 9M/07 - P1.3 B 9M/06 - P569.5 M +123%
65. FPI 9M/07 - P-8.5 M 9M/06 - P-12.9 M N/A
66. JOH 9M/07 - P16.4 M 9M/06 - P2.2 M +660%
67. JTH 9M/07 - P-800 M 9M/06 - P55.66 M N/A
68. KEP 9M/07 - P39.97 M 9M/06 - P59.88 M -33%
69. KPH 9M/07 - P2.9 M 9M/06 - P27.9 M -90%
70. LC 9M/07 - P-194.8 M 9M/06 - P-47.9 M N/A
71. MA 9M/07 - P-10.98 M 9M/06 - P-69.1 M N/A
72. MFIN 9M/07 - P8.95 M 9M/06 - P10.16 M -12%
73. MUSX 9M/07 - P18 M 9M/06 - P22.37 M -19%
74. MVC 9M/07 - P49.53 M 9M/06 - P31.43 M +58%
75. MWC 9M/07 - P1.76 B 9M/06 - P1.81 B -3%
76. NRCP 9M/07 - P417.5 M 9M/06 - P230.8 M +81%
77. NXT 9M/07 - P71.16 M 9M/06 - P81.59 M -13%
78. OV 9M/07 - P27.1 M 9M/06 - P-176.1 M N/A
79. PSB 9M/07 - P786.77 M 9M/06 - P668.69 M +18%
80. SPM 9M/07 - P3.13 M 9M/06 - P4.10 M -24%
81. SUN 9M/07 - P-201.5 M 9M/06 - P-210.9 M N/A
82. TUNA 9M/07 - $1.705 M 9M/06 - $1.404 M +21%
83. UPM 9M/07 - P-109.46 M 9M/06 - P-218.04 M N/A
84. WIN 9M/07 - P-34.29 M 9M/06 - P-29.80 M N/A
85. ZHI 9M/07 - P-321.76 K 9M/06 - P-293.22 K N/A
86. CMT 9M/07 - P264.52 M 9M/06 - P286.56 M -8%
87. RCM 9M/07 - P1.03 B 9M/06 - P1.12 B -8%
88. PERC 9M/07 - $1.08 M 9M/06 - $1.41 M -23%
89. GPH 9M/07 - P119.6 M 9M/06 - P113.3 M +6%
90. SFI 9M/07 - P-55.1 M 9M/06 - P40.5 M -36%
91. CHIB 9M/07 - P2.515 B 9M/06 - P2.523 B NIL
92. CHTR 9M/07 - P62.994 M 9M/06 - P438.494 M -86%
93. EIB 9M/07 - P-318 M 9M/06 - P-272 M N/A
94. PBC 9M/07 - P80.46 M 9M/06 - P580.21 M -86%
95. PTC 9M/07 - P500.88 M 9M/06 - P580.74 M -14%
96. EURO 9M/07 - P155.6 M 9M/06 - P153.1 M +2%
97. ILI 9M/07 - P34.7 M 9M/06 - P-48.9 M N/A
98. PPC 9M/07 - P168.9 M 9M/06 - P-41.8 M N/A
99. CA 9M/07 - P19.8 M 9M/06 - P5.3 M +276%
100. HLCM 9M/07 - P1.7 B 9M/06 - P824.9 M +109%
101. SRDC 9M/07 - P214.6 K 9M/06 - P1.7 M -88%
102. AAI 9M/07 - P-4.5 M 9M/06 - P-1.2 M N/A
103. FYN 9M/07 - P-2.5 M 9M/06 - P-11.98 M N/A
104. MRAY 9M/07 - P13.4 M 9M/06 - P14.9 M -11%
105. PCP 9M/07 - P295.91 M 9M/06 - P328.75 M -10%
106. STN 9M/07 - P-122.25 M 9M/06 - P-116.11 M N/A
107. MAC 9M/07 - P225.9 M 9M/06 - P148.3 M +52%
108. MET 9M/07 - P-4.1 M 9M/06 - P-6.5 M N/A
109. PAX 9M/07 - P207.5 M 9M/06 - P378.6 M -45%
110. PWR 9M/07 - P-595.7 M 9M/06 - P-250.1 M N/A
111. PNX 9M/07 - P97.6 M 9M/06 - P46.6 M +109%
112. SPC 9M/07 - P292 M 9M/06 - P372 M -22%
113. TA 9M/07 - P69.87 M 9M/06 - P17.57 M +298%
114. AMC 9M/07 - P566.54 M 9M/06 - P260.31 M +118%
115. CBC 9M/07 - P-786.3 M 9M/06 - P165.4 M N/A
116. ECP 9M/07 - P41.3 M 9M/06 - P50.1 M -18%
117. EVER 9M/07 - P126.98 M 9M/06 - P43.08 M +195%
118. PSE 9M/07 - P406.86 M 9M/06 - P148.37 M +174%
119. PRIM 9M/07 - P9 M 9M/06 - P-6.8 M N/A
120. REG 9M/07 - P-14.8 M 9M/06 - P24 M -162%
121. SPM 9M/07 - P3.1 M 9M/06 - P4.1 M -24%
122. SM 9M/07 - P11.56 B 9M/06 - P10.67 B +8%

PSEi Components

The Philippine Stock Exchange Index (PSEi) composition will be revised effective on November 16, 2007.

The new additions to the PSEi are PNOC- Energy Development Corporation (EDC), Filinvest Land Inc. (FLI) and Robinson's Land Corporation (RLC).
Taken out were Security Bank Corp. (SECB) and Manila Mining Corp. (MA). Earlier stricken off before the review was Equitable - PCI Bank Inc (EPCI) which had merged with Banco De Oro (BDO).

Dow Jones Components - Oct 17 (18), 2007

DOW JONES INDUSTRIAL AVERAGE(DJIA)
On Oct 17: -------13,892.54------Up 20.40 (+0.15%)

Symbol---------name--------------------last trade -------change---------Volume
MMM------- 3M COMPANY ---------94.26 $-----0.28 (+0.30%)----3,415,500
AA ----------ALCOA INC-----------37.97 $-----0.68 (+1.82%)-----10,023,194
MO -------ALTRIA GROUP INC ---70.98 $----0.24 (+0.34%)-----15,037,000
AIG----- AMER INTL GROUP INC----65.80 $ -----0.44 (-0.66%)---- 17,822,500
AXP---- AMER EXPRESS INC -------60.08 $------0.15 (-0.25%)----- 8,003,922
T ------------AT&T INC. -------------41.93 $------0.11 (+0.26%)----- 22,496,900
BA------- ---BOEING CO ------------95.59 $------0.35 (-0.36%)----- 8,107,100
CAT -----CATERPILLAR INC --------77.13 $ -------0.62 (-0.80%)----7,305,650
C -----------CITIGROUP INC---------44.66 $------0.13 (-0.29%)----114,554,140
KO------- COCA COLA CO THE ------59.09 $ -----1.33 (+2.30%)----16,407,325
DD------- DU PONT E I DE NEM ------48.31 $------0.28 (-0.58%)----5,585,300
XOM----EXXON MOBIL CP-----94.80 $ -----0.06 (+0.06%)-----26,558,259
GE ----GEN ELECTRIC CO-------41.00 $ -----0.23 (+0.56%)-----44,147,958
GM-----GEN MOTORS --------38.68 $ -----0.73 (-1.85%)------21,130,900
HPQ---- HEWLETT PACKARD CO ---52.54 $ -----1.03 (+2.00%)-----12,348,300
HD -----HOME DEPOT INC-------31.78 $ -----0.73 (-2.25%)-----23,217,969
HON----HONEYWELL INTL INC ----60.70 $-----0.46 (-0.75%) ------5,045,694
IBM----- INTL BUSINESS MACH---115.78 $---3.82 (-3.19%)-----8,100,500
INTC------INTEL CP-------------26.72 $------1.24 (+4.87%)----187,866,094
JNJ---JOHNSON AND JOHNS DC --64.85 $ ----0.22 (-0.34%) ------10,198,300
JPM---- JP MORGAN CHASE CO -----46.37 $------1.26 (+2.79%)-----34,659,600
MCD----- MCDONALDS CP --------56.96 $ ----0.15 (+0.26%)-------5,481,800
MRK----- MERCK CO INC---------53.42 $ -----0.39 (+0.74%) -----10,805,045
MSFT -----MICROSOFT CP---------31.08 $ ----0.76 (+2.51%) -----86,092,380
PFE --------PFIZER INC ---------24.55 $ -----0.08 (-0.32%)------32,663,212
PG ------PROCTER GAMBLE CO -----70.59 $-----0.12 (+0.17%)------11,854,600
UTX------- UNITED TECH ---------76.80 $-----2.85 (-3.58%) ------14,338,681
VZ --------VERIZON COMMUN ------45.26 $-----0.33 (+0.73%)------12,897,400
WMT --WAL MART STORES ----45.99 $------0.13 (+0.28%) -----23,915,600
DIS ----WALT DISNEY-DISNEY C-----35.38 $-----0.37 (+1.06%)---- 9,033,000

from uk.finance.yahoo.com

Transaction Charges

Buying and Selling transactions entail costs. An investor should be aware how much the hurdle rate is, in order to make profits.

These are the formula used to compute for the transaction charges in trading in the stock market.

******** upliftment fee is for the naming of certificates

******** lodgement fee is for selling of named certificates

Trading in the Phil. Stock Exchange

Trading Day and Non-trading Day –
Every day shall be a trading day except for Sat., Sun, legal holidays and days when the Bangko Sentral ng Pilipinas Clearing Office are closed


Trading Hours
9:00 – 9:29 am Pre-open period
9:30 am Calculation of Open Price/Market Open
9:30 to 12:00 am Regular Trading Hours
12:00 am Closing Time
12:00 – 12:10 pm Closing Prices

Rights of Stockholder

a)Transfer of shares from themselves to others
b)Receive dividends when paid
c)Examine corporation books
d)Vote at annual meetings to elect the Board of Directors
e)Limited liability for losses incurred by the corporation (the shareholders cannot lose more than the price paid for the stock)
f)Receive the remaining assets of the corporation after all other claims on the property of the corporation are satisfied
g)Receive a stock certificate

Aboitiz Power Corporation IPO at PhP 5.80

Aboitiz Power Corporation, the wholly-owned power generation and distribution unit of Aboitiz Equity Ventures (AEV), have pegged the price of its Initial Public Offering at PhP 5.80 per share to raise a total of PhP 11.6 bn.

IPO of Aboitiz Power Corporation

Initial Public Offering (IPO)

A company undertakes an Initial Public Offering (IPO) of its shares to investors for listing in the Philippine Stock Exchange. Once listed, it can then be traded (its shares can be bought and sold
in the open market) by investors and shareholders.



WHY DO COMPANIES LIST?


ADVANTAGES OF ISSUING STOCK

1) A company can raise more capital than it could borrow
2) A company does not have to make periodic payments to creditors
3) A company does not have to make principal payments


DISADVANTAGES OF ISSUING STOCK

1) The principal owners have to share their ownership with other shareholders
2) Shareholders have a voice in policies that affect company operations




General Criteria for Admission to listing


A) actual operations for at least 3 full fiscal yrs
B)Min authorized capital stock of PhP 400 Mn of which a min of 25% must be subscribed and with all subscribed shares paid in full
C) management and controlling stockholders must possess integrity and good managerial skills
D)has stability and stature in the industry or in the business community

Thanks for the INFO

"The days' market - June 13, 2007"
1 Comment -

Show Original Post

David Wozney said...
Re: “... the Philippine peso hovered at around PhP 46.54 level to the US Dollar ...”A “Federal Reserve Note” is not a U.S.A. dollar. In 1973, Public Law 93-110 defined the U.S.A. dollar as consisting of 1/42.2222 fine troy ounces of gold.
June 13, 2007 9:31 PM

Sector Indices II

Sector Indices - I

Composition of the PSEi (Philippine Stock Exchange Index)

Memo for brokers fron the PSE

Capital Appreciation in three years (2004-2007)

Just recently found some materials that was used for a talk three years ago in 2004. It is interesting to note how much the stock prices gained since then.

Jollibee Food Corp (JFC)
No. of shares 982 mn
Mkt. Cap PhP 19 bn
Book Value 7.64
EPS 0.93
Computed PE 21X
2003 dividends
------PhP 0.20 Nov 19
------PhP 0.15 May 14

Price (Feb 27, 2004)------------------Price (Feb 27, 2007)
PhP 19.00------------------------------PhP 55.50

Ginebra San Miguel Inc. (GSMI)
No. of shares 268 mn
Mkt. Cap PhP 8 bn
Book Value 28.39
EPS 4.65
Computed PE 7X
Dividends
------PhP 0.375/quarter or
PhP 1.50/year
4.8% dividend yield

Price (Feb 27, 2004)-----------------Price (Feb 27, 2007)
PhP 31.50-----------------------------PhP 26.00

Petron Corp. (PCOR)
No. of shares 9 bn
Mkt. Cap PhP 28 bn
Book Value 2.02
EPS 0.21
Computed PE 15X
2003 dividend
------PhP 0.20 May 26
2002 dividend
------PhP 0.15 June 03

Price (Feb 27, 2004)-----------------Price (Feb 27, 2007)
PhP 3.15-------------------------------PhP 4.80

SM Prime Holdings (SMPH)
No. of shares 9.9 bn
Mkt. Cap PhP 60 bn
Book Value 3.34
EPS 0.31
Computed PE 20X
Targetting 8-10% annual income growth rate

Price (Feb 27, 2004)-----------------Price (Feb 27, 2007)
PhP 6.10-------------------------------PhP 12.50

Metropolitan Bank and Trust Co. (MBT)
No. of shares 1.6 bn
Mkt. Cap PhP 41 bn
Book Value 33.18
EPS 1.45
Computed PE 17.6X
Dividends
------PhP 0.40 Jan 27, 2004

Price (Feb 27, 2004)-----------------Price (Feb 27, 2007)
PhP 25.00-----------------------------PhP 67.00

Meralco (MER/MERB)
Book Value 43.50
Issues: refund to customers/pending rate hike

Price (Feb 27, 2004)-----------------Price (Feb 27, 2007)
MER PhP 19.50-----------------------PhP 77.50
MERB PhP 32.00---------------------PhP 78.50

Ever Gotesco (EVER)
No. of shares 5 bn
Mkt. Cap PhP 85 mn
Book Value 0.68
EPS 0.001

Price (Feb 11, 2004)-----------------Price (Feb 27, 2007)
PhP 0.017-----------------------------PhP 0.0875

Pilipino Telephone Corporation (PLTL)

Price (Feb 11, 2004)-----------------Price (Feb 27, 2007)
PhP 1.56-----------------------------PhP 7.40


For data and information; references were Technistock Corp., the PSE and Newspaper articles.

EQUITY VALUATION

METHODS OF ANALYZING INVESTMENTS

FUNDAMENTAL ANALYSIS – involves the use of traditional economic and business concepts in the examination of economic and company variables that leads to an estimation of the value of an investment
- the analysis of the determinants of value such
as price earnings ( the analysis of these variables is called the valuation process )

TECHNICAL ANALYSIS – is a method of evaluating securities by analyzing statistics generated by market activity, past prices and volume.




Two approaches to the valuation process

TOP-DOWN APPROACH – begins with an assessment of the economy and the financial markets. This is followed by an analysis of different industries and how they are affected (favorably or adversely) by prevailing economic and market conditions. Finally individual companies within each industry are identified and analyzed.

BOTTOM-UP APPROACH – is more concerned with the analysis, selection, and pricing of securities. This entails a detailed examination of companies and an appraisal value of their securities (whether they are underpriced, overpriced or fairly priced). Industry and economic factors are mere secondary considerations


THE TOP DOWN APPROACH

----------------------Macro economic analysis

Global Economy
--------export prospects
--------price competition
--------profits on overseas investments
--------political risks
Broad economic environment
--------Gross Domestic Product (GDP)
--------Unemployment rate
--------Inflation.
--------Deflation
--------Interest Rates.
--------Budget
--------Sentiment

Government macro economic policy
--------Fiscal Policy
--------Monetary Policy
--------Supply Side Policies

Business cycles

----------------------Industry Analysis

Life Industry Cycles

Start-up stage
Consolidation Stage
Maturity Stage
Relative Decline

Industry Structure and Performance

Rivalry Between Existing Competitors
Pressure from Substitute Products
Bargaining Power of Buyers
Bargaining Power of Suppliers

-----------------------Firm specific analysis

FINANCIAL RATIOS
FINANCIAL STATEMENT ANALYSIS

First Quarter 2005 Dividends (for comparison)

CASH DIVIDENDS

3-Jan-05 CENTRO ESCOLAR UNIVERSITY (CEU)------ Php 0.10
4-Jan-05 AYALA CORPORATION (AC) -----Php 0.04
5-Jan-05 FAR EASTERN UNIVERSITY (FEU) -----Php 10.00
7-Jan-05 PHIL. TOBACCO FLUE-CURING AND REDRYING CORP. (TFC) -----Php 0.05
12-Jan-05 BANK OF THE PHIL. ISLANDS (BPI) -----Php 0.80
14-Jan-05 RIZAL COMM. BANKING CORP. (RCB) -----Php 0.30
27-Jan-05 PCI LEASING AND FINANCE INC. (PCIL) -----Php 0.20
31-Jan-05 METROPOLITAN BANK AND TRUST CO. (MBT)----- Php 0.40
31-Jan-05 TANDUAY HOLDINGS INC. (TDY) ------Php 0.10
15-Feb-05 GINEBRA SAN MIGUEL (GSMI) ------Php 0.375
15-Feb-05 GLOBE TELECOM INC. (GLO) ------Php 20.00
17-Feb-05 MANULIFE FINANCIAL CORP. (MFC)----- Can $ 0.26
18-Feb-05 SUN LIFE FINANCIAL INC. (SLF)------ Can $ 0.24
23-Feb-05 PHIL STOCK EXCHANGE (PSE) ------Php 5.00
24-Feb-05 ABOITIZ EQUITY VENTURES (AEV)----- Php 0.12
2-Mar-05 ALASKA MILK CORP. (AMC)----- Php 0.075
7-Mar-05 CENTRO ESCOLAR UNIVERSITY (CEU)----- Php 0.10
9-Mar-05 AYALA LAND INC. (ALI) ------Php 0.10
11-Mar-05 PHIL. SAVINGS BANK (PSB) -----Php 0.20
21-Mar-05 EDSA PROP. HOLDINGS (EPHI) ------Php 0.022
23-Mar-05 TRANS-ASIA OIL AND ENERGY DEV. COR (TA)------ Php 0.08
28-Mar-05 BACNOTAN CONSOLIDATED IND. INC. (BCI)------ Php 9.00
28-Mar-05 FIRST METRO INVESTMENT CORP.(FMIC) ------Php 7.95


STOCK DIVIDEND
18-Mar-05 PCI LEASING AND FINANCE INC. (PCIL) ------120%

First Quarter 2007 Dividends

----------------------------------Ex div-------------Record---------Date
Symbol-----------Value---------date-----------date-----------payable

BPI cash----PhP1.00/share---20dec2006-----27dec2006----11jan2007
-------------(special)
BPI cash----PhP0.90/share---20dec2006-----27dec2006----11jan2007
-------------(regular)

MBT cash----PhP0.60/share---22dec2006-----29dec2006----20jan2007

RCB cash----PhP0.30/share---01feb2007-----06feb2007----07feb2007

GLO cash----PhP33.00/share--14feb2007-----19feb2007----15mar2007

MER cash----PhP1.00/share---05jan2007-----10jan2007----05feb2007

AMC cash----PhP0.05/share---01mar2007-----06mar2007----30mar2007

AC cash----PhP2.00/share----02jan2007-----05jan2007----30jan2007

AEV cash----PhP0.20/share---06feb2007-----09feb2007----23feb2007

BRN cash----PhP0.05/share---10jan2007-----15jan2007----08feb2007

FEU cash----PhP15.00/share---02jan2007----05jan2007----15jan2007

ALI cash----PhP0.03/share---11dec2006-----14dec2006----04jan2007

FLI stock-------25%-----------02jan2007-----05jan2007----19jan2007

MBC cash----PhP0.0625/shr---05jan2007-----10jan2007----31jan2007

PEC cash----PhP0.05/share---28dec2006-----03jan2007----29jan2007

BDO cash----PhP0.80/share---17jan2007-----22jan2007----08feb2007

PSE cash----PhP6.00/share---26feb2007-----01mar2007----15mar2007
-------------(regular)

PSE cash----PhP2.80/share---26feb2007-----01mar2007----15mar2007
-------------(special)

PERC cash---PhP0.20/share---16feb2007-----21feb2007----16mar2007

MWC cash----PhP0.15/share---26feb2007-----01mar2007----22mar2007



A list of some of the dividends announced for the first quarter of 2007. You may check out the daily newspapers for further updates.
To be able to avail of the dividends, you should be a stockholder before the ex-dividend date.

EQUITY , STOCKS and the STOCK MARKET

Equity - is simply ownership of a corporation

Stock- ownership units in a corporation

Market - is a mechanism that bring together buyers and sellers to aid in the transfer of goods and services

Stock market - the market for various equity securities such as stocks and warrants


In essence, when you buy stocks in the Philippine Stock Exchange, you are buying part ownership in the company. Notice, the stock market listings in the business pages of the newspapers, they are companies you are somehow familiar with. We come across the names of companies like PLDT, GLOBE, MERALCO, JOLLIBEE etc everyday.

The stock that you buy is only as good as the company that issued them. The Key is to know what company you are buying into.


How to earn in the Stock Market

Dividends: Cash or Stock

Capital Appreciation

When a company makes money, and is efficient in controlling its expenses, they make profits. And a shareholder, your share comes in the form of dividends. The bigger the profits, the bigger the dividends (though each company formulates its own dividend policy).

When investing in the stock market with the objective of getting returns by Capital Appreciation (the increase in stock prices as they are traded in the stock market); it is important to keep in mind that just like in any other market; the Equities market is governed by the "LAW of SUPPLY and DEMAND". When Demands exceeds supply, the prices go up; and when supply overwhelms demand, prices tend to go down.
What factors affect the demand and supply? Thats what we try to find out.

****Dominant market players in an industry and Companies that delivers profit consistently are sought after and much more in demand especially by foreign investors. Hence, most of them are expensive or priced higher.
They are the blue chip companies.

Starting on Investing

Investing is the foregoing of present benefits in order to be able to enjoy the returns in the future.
Don't spend that money now, Invest it.

Investing is sometimes equated with Savings. But savings is a passive use of money where funds are parked somewhere (usually in a savings account). Most likely, inflation just eats up interest earned on it.

While both are higly encouraged, (but sad to say hard and not likely to bve practiced); active investing can make money work for you by multiplyng your efforts.
Investing is being proactive and knowing/learning where your money works and how much it earns.

But as they say, a journey of a thousand miles begins with a single step. We hope that you go out and build up your savings and start investing. Through our blogs we would try help out in anyway (especially through investor education) for you to understand investing .


BASIC RULE of INVESTING:

"Risk - Reward" Trade-off

Less Risk, Less Opportunity for Gain
The More Risk assumed, the greater the Potential Return.

This should be the guiding principle in your investing activities. Your decision on where to put your money should be based on this.


And before you start to invest, you should know yourself first.

Identify your investment or savings need.

Objective: Where will you use your funds?
Time frame: When do you need your funds?
Risk tolerance: Are you an aggressive or conservative investor?

At this point, you should identify the risk that you can afford and the risk you can take. Can you afford to take a loss in the hope of making bigger gains? or do you have a heart condition that may make big market movements intolerable?


Next, know where you can invest.

COMMON SAVINGS and INVESTMENT INSTRUMENTS
Time Deposit
Special Deposit
Government Securities
Commercial Papers
STOCKS



Key Investment Principles

Identifying objectives and time frame
---------------Short term
---------------------------Monthly bills, operational expenses
---------------------------Funds needed within one year
---------------Medium term
---------------------------Upgrade of equipment or appliance
---------------------------Purchase of automobile
---------------------------Funds needed within 3-5 years
---------------Long term
---------------------------Retirement/Provident Funds
---------------------------Funds needed 5 years or longer


Match objectives with investment plan.

Do not put long term funds in short term investments.
---------------Short term- Bank deposits, money market
---------------Medium to Long term - Stocks, bonds or mutual funds

Match investment plan with risk tolerance
---------------Conservative - Fixed income and bonds
---------------Moderate - Combination of bonds and equities
---------------Aggressive - equities and foreign currencies