By Jerry Angpin
Market Mirror - Facebook
Jerry Angping lets cut to the quick:capsule looks at some of our favorites:
Geo- okay lang, good basing, little volume, good accumulation mode...around P200 million in cash...very little overhead...will start receiving royalties/ cash flow this year...exploration outlook with CVRD optimistic re: masbate gold and copper project...exci...ting acquisition in the horizon ...should close acquistion deal in 1st or 2nd quarter...prospects exciting...little downside because cash cushion good for several years while anticipating Big Bonanza to come sooner than later...
Jerry Angping Ni- Nihao looking very good, partners upbeat...partners' .operations on nickel and coal sure to kick in this year...strong cash position...very little overhead....strong cash flow from potential earnings steam to start soon....purchase contracts being finalized for projects...China, China, China...partnerships strong......assets undervalued...many announcements to come...same as Geo...
Jerry Angping Mic- malapit na ...finding right fit and form...many potential tie-ins waiting for paper work, documents, finalization of terms and conditions...the wait should be well worth it...
Jerry Angping Lihc- best to buy at bargain prices...if ever there is a bargain, this is it...enough said...
Jerry Angping Tuna-7 p/e for 2010, 5 p/e for 2011...misunderstood stock...made a mistake, stock price now a shade below 2, sorry, but these are really good levels to come in...at P3, p/e only 11 for 2010 and 8 p/e for 2011...slow steady and sure stock...once it breaks glass ceiling at 2.2 , should take off like a rocket...
Jerry Angping Sph- nice consolidation, volume just so- so, waiting for one big buyer for rocket boost...nice fundamentals...overcame growing pains na... market share strong...LOTS and LOTS of cash- IPO proceeds practically intact...once cash put to good use, target stock price of P4 or P5 sooooo easy...very little downside, very strong upside once new numbers kick in....
Jerry Angping Acr- naku, bugbug ang acr.....mea culpa....wrong read on the outstanding shares float....if earlier assurances on the float were right on, price and story would be so different now....but we have received assurances that this should be rectified soon...these things happen...dumami ang float sa labas...anyway, the A-Z p...rospect is very much alive, but the final deal hasnt been consummated yet, thus, some edgy nerves unloading in the meantime...if everything goes according to plan, the A-Z play will be well worth it....
Jerry Angping I-Remit- remittances up and should continue to escalate...one cant argue with $18billion in remittances a year, and I-Remit stands to gain the most annually...slight consolidation and correction phase provides good entry window....you havnt seen anything yet as far as I-remit is concerned...chapter I pa lang ito...fin...ancials will see a good year and I-remit should be at the forefront of this Financial's renaissance....
Jerry Angping Ani- again, you aint seen nothing yet...Ani should make new highs soon...good harvests require pre-requisites and Ani is well equipped to reap strong fruitful gains soon...fundamentals solid...this year, breakout year for Ani...
Jerry Angping 2010 will be a good year for the Philippine stock market.....it may not feel like it just now, given the seeming sluggishness in some stocks, but a rising tide will lift all boats....as long as no cataclysmic disaster strikes the major global markets, our tiny market should do well...just as our tiny country struggles,... a small, small fish in a big big ocean...our stock picks are also UNDERDOGs....we strive to succeed with our audacious mix of tenacity and vulnerability, but we stand proudly still, carrying the hopes and aspirations of home-grown entrepreneurs...this is not a 100 meter dash, this is a marathon....and with god's grace, we will run a good race, together...
Jerry Angping soooo, to all mm friends, relax lang....this is a good time to be bargain hunting......of cors, i must end with this word of caution, i may be totally wrong and so i am NOT asking anyone to buy any stock....i am just expressing my humble views on the market and certain stock picks....many of which are UNDERDOGS, not fa...vorites of other prominent stock pickers....so please do your own personal research, kick the tires....
Source: MarketMirror - Facebook
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