June 29, 2012 – Morning Linkfest and Prudent Reasons for 5800

1.) A college degree from the right institution is an asset. So is an earned list of 10,000 people who want to hear from you by email once a week. So is a reputation (which some people call a brand). – Seth Godin

2.) Where does trust come from? – Seth Godin

Hint: it never comes from the good times and from the easy projects.

We trust people because they showed up when it wasn’t convenient, because they told the truth when it was easier to lie and because they kept a promise when they could have gotten away with breaking it.

Every tough time and every pressured project is another opportunity to earn the trust of someone you care about.

3.) Make your investing decisions based on what’s best for you and not because an investment has earned the term “hot.”  – Carl Richards (Behavior Gap)

4.)  Unlike picking a career or picking a stock, both of which involve a lot of uncertainty, saving requires no special foresight. It does, however, require discipline, and the earlier you start the better.  Find a job you love, save early and often, be a value investor and don’t put all your eggs in one basket. Nothing that original, but I’d like to believe that following this advice will save you from at least a few of life’s little hiccups.  (A Letter To My Son: Financial Advice for Life)

 5.) When Prudence Dictates 5800

Prudence dictates we that we are actually in a position for a fourth-quarter surge toward 5,800 points and/or a sustainable, long-term rally for the PSEI—where stocks remain under-owned.

Yes, Philippine stocks are still under-owned. I’m not referring to how much foreign portfolio inflows remain lodged in the market. I’m talking about how the Philippines, despite its outstanding fundamental growth outlook and much-improved investment risk profile, only has a trivial, 1.2 percent weighting in the MSCI Asia ex-Japan index (MXASJ).

(Jun Tarrobago Jr., “Alpha Dog”, Business Mirror)

6.)  The rise of what is known as business-process outsourcing (BPO) in the Philippines has been nothing short of phenomenal. The very first calls were taken in 1997; today the sector employs 638,000 people and enjoys revenues of $11 billion, about 5% of the country’s GDP. Last year the Philippines even overtook India, long the biggest call-centre operator in the world, in “voice-related services”. The country now employs about 400,000 people at call centres, India only 350,000.

(Economist- At the front of the back office : How the Philippines beat India in call centres)

*****

Business News:

1.) ALI launches P30-B project in Bonifacio Global City (ABS CBN News)

 ALI – The Suites, an all-suite residential tower will be developed by Ayala Land Premier. It is a 63-storey tower with 298 residential suites and “limited edition sky villas.” The units range from 136 to 430 square meters, priced at P188,000 per square meter.

2.) PNoy inaugurates ICTSI’s $600M berth (ABS CBN)

Berth 6 increases MICT’s terminal capacity from 1.9 million twenty-foot equivalent units (TEU) to 2.5 million (TEUs) annually. 

ICTSI chairman and president Enrique Razon said that while the company has expanded overseas, the Philippines remains to be its priority.

“With the country attracting more foreign investment than ever, we now have added capacity to quickly and efficiently move cargo. An investment of 200 million US dollars, this new berth will enable the seamless facilitation of the country’s growing global trade in the next few years,” Razon said in his speech.

3.) JG Summit’s $800M naptha cracker plant to start by 2014 (ABS CBN)

JG Summit Holdings president Lance Gokongwei on Thursday said the group is on track to start commercial operations on its $800 million naphta cracker plant by the first quarter of 2014.

The naptha cracker plant will produce an annual 320,000 tons of ethylene, the raw material used to produce polyethylene.

Gokongwei said the plant will provide most of the local market’s needs, which is estimated at 350,000 tons a year.

The plant should start contributing around $800 million to $1 billion in annual revenue to JG Summit starting 2015.

4.) First Holdings ups stake in Rockwell (ABSCBN)

Beacon is jointly owned by Metro Pacific Investments Corp. and PLDT Communications and Energy Ventures (PCEV) on a 50-50 percent basis.

The ROCK shares, totaling 1.437 billion were crossed on the the local bourse through a special block sale at a price of P2.01 per share.

With the transfer of shares, First Philippine Holdings (FPH) now owns 75.6 percent of Rockwell Land.

FPH received 1.3 billion Rockwell Land shares worth P2.6 billion. This is an additional consideration for the 74.7 million Meralco common shares acquired by Beacon from FPH.

 *****

P.S.

In general, I really read news every single day especially for large and actively traded Philippine companies. I just don’t have time to post them here on my blog.    If you’re seriously considering some guidance with the markets, consider opening an account with me for complete details.   (just email : facelesstrader@gmail.com).

Also, I actually want to help as much people possible in learning and finding their style with the markets.  (Why I want to help? I don’t know. Hmm.. I guess I’ve always loved to ever since I was a child.  I like to teach when I find something neat, but I don’t like to spoon feed.  I believe there’s a difference.  

Plus, the greatest feeling in the world is not making money alone, but helping others make money ( or hopefully not lose so much) themselves.  The beauty in the stock markets, is that if there are great companies to invest in, everyone will make money from it, so long as they have a disciplined investing plan or even trade the companies themselves, if they’re adept at it. And it’s money , you can actually enjoy with your family, friends or yourself, after at least three to ten years, depending on amounts invested. )

I don’t like to  hype stocks (whether I own it or not own, it doesn’t qualify).  It makes things worse when we all start selling and cutting losses if its an overcrowded trade.  I want people to make a decision based on what’s on the table (whether the decision is based on a technical price action, a fundamentally driven reasons such as good earnings, good dividends, or new product developments, a superstition, a belief in historical stock market cycles, just because foreign flows are strong etc. or a combination of everything)

I want end of day for the client (whether small fish or high networth to make decisions themselves. )  Thanks.

Not everyone has to be involved 24/7 in the markets.  There’s mutual funds.  There’s passive peso cost averaging.  There’s active advisory.  There’s so much to choose from.  Learn what’s for you.

– Faceless Trader

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2 Responses to June 29, 2012 – Morning Linkfest and Prudent Reasons for 5800

  1. Ron Yu says:

    thanks sa info niks, liked your “broker’s client pitch” bubukas ako account sa iyo if wala ako alam da trading and investing. but you know me. i don’t like being spoonfed hehe

    Like

    • np. I have two accounts. One trading, and one for investing. Sometimes kasi– baka pati ung pang longterm matrade ko eh. hehe. Ang bilis sabihing “longterm” pero pag nakita mong up na ng 20%..parang…napapashort term eh haha. Hindi kita ispoospoon-feed kasi, magaask rin ako sayo kung tama ung iniisip ko haha. Tantsa tantsa lang. Position sizing na lang sabi nga ni Boss ekl 😀 Discipline- in the size. (pero knowing u, bet the ranch ka haha.) – FT 🙂

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