Saturday, August 30, 2014

Stock Investing Philippines - 2014 Best Picks

The stock market rose 22%% year to date, the ghost month seems to be the bull month of 2014. Wow!  If you have selected the issues, then you have reaped hefty returns from investment.  The heavy weight TEL wow the index after posting a high of 3,394 and a return of 27% year to date.  EDC was noted to be the best performer gaining 30% year to date return.  Another favorite ALI has 26% year to date returns.

Looking at how issues move, I would say that investment in the stock market remain to be the most profitable and interesting hub to let your money grow.  EDC - Energy Development Corporation http://www.energy.com.ph/ was my favorite among all, it never leave my portfolio at any given time.  This company has a very promising prospect and one of the beneficiary of the growing demand for clean energy.  I believe that EDC will hit the high of 9 per share.  That would be a history for the Lopez Holding.  Given the recovery of it's plants and the foreseen increase in supply, 2014 could be a GREEN year for EDC.  I like EDC for it's improving EBITDA for the past years,  It has shown strong balance sheet and expansion abroad is underway.  Grab EDC now.

COSCO on the other hand lost its ground, declining by 18%.  This was attributed to Puregold's result 2nd quarter result which was lower than expected and way below the consensus of many analyst.  PCOR lost it's momentum with -7% year to date stock performance.  This drastic PCOR's downtrend seems to be a good entry point, I believe.  Let's observe for the next few months how this issue will perform.  I have started to get some, the downside is temporary given the bright prospect and its liquidity.  MBT remain in the consolidation phase and waiting for some catalyst for a swing.  Would it be uptrend?  I do not know.  I like MBT and has started to accumulate.

In the holding firms MPI remained to be flat.  AC gained strong upward trend and may possibly reach another record high.  Would it be 900?  Possible.

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