Stock Investing Philippines - Banco de Oro

For the last few months BDO stock was on see-saw creating a grind.  I love to track the stock movement especially the activity in foreign buying and selling.  Management projected a 20bil profit in 2013, bouyed by the impressive performance of trading activities, the improving economic outlook, upgrade made by Fitch in Philippine and the robust domestic demand.  The strong remittances from overseas benefits the bank's non-traditional earning potentials.  There are rumors that BDO may acquire another bank in 2013 to strengthen it's leadership and a partnership with one of the big banks operating in southeast Asia.  I like the banks management commitment to its client base, they set a trend in customer service and attracting more businesses to join BDO,s innovative offers.  They are the first to introduce night banking in mall based branches.

According to the figures in 2012 released FS, BDO improved the loan base income, fees and other charges showed significant increase with trading gains on the record highs.  While the 2012 performance was hard to duplicate, management believes that 2013 would be a shining and another year of record for BDO.  Since 2003, dividend declaration was consistently distributed to shareholders because of the strong and healthy cash position.  In 2013, a total of 2.10 per share was declared as cash dividends, TBA.

At the current price of 91, the stock is consolidating with immediate support at 86-87, but an upswing to 95 is imminent.  Well, long term investor may be safe to project 110 for BDO.

Other interesting trades, MEG, MPI, EDC, FPH.

Dubai to LA

I have been a traveler for long time, mostly by plane.  Travel let me seat in the plane for more than an hour to ten hours.  Dubai to Los Angeles was different; a 17 hour direct flight. What a trip! Days before the flight with my wife and our friend, I think of what to do in the plane to get out of boredome.  I made sure the battery of my Ipod and smartphone are full but the 17 hour flight keep my mind alive.

We borded the plane in Dubai T3  to LAX, unfortunately the night before flight I did not get a sleep.  Finding the journey as long I taught of sleeping while cruising on air.  I was like a nocturnal animal while on travel sleep was elusive i need to fight the boredome and stiff neck plus back pains.  Hope next time i  will be sitting in the first class.

From the moment the plane took off the ground I called the flight attendant and ask immediately for an eye shade.  She was so quick to respond, when the plane reached stable altitude, flight snacks were served.  It's kind of a mean snack from Emitates Airline, if you are used to fly thru Cathay and Singapore airlines, you may look for more for the two popular airlines used to serve fabulous snacks, lunch and dinner.  At 3pm the plane landed in LAX, of course were so excited to set a foot in Los Angeles.  The long journey was over, at last we arrived safely.

Just an advise for long travels, bring your neck pillow, have a good rest before flight and drink more water while on board.  You may want to walk for a while in the aisle while cruising.  Get some stretch in your shoulders, your feet and your legs.  If you cannot sleep on board get your smartphone or ipod and listen to your favorite music and audio books.