Portfolio Update September 30, 2007

Y'all! this is how my portfolio fared this past month. Since I started trading in July, I now have P1,658.41. Not so much, but if annualized it's a return of 678.79%!You can take that to the bank, I guess :)

So here is my portfolio. It now has something close to P34,000. I've said that by the end of October, I want my portfolio to be P100,000. If I include my special savings account and other bank accounts, my portfolio is almost to that level, however the P100,000 refers to my stock portfolio. I still have a month to go guys :)
Please don't forget to visit my blog next week to check how much I earned from it :)

N92

finally, after a month of using a phone which i was forced to buy, i got a new phone. yehey! (clap!clap!clap!) this is my reward for working so industriously over the past few weeks.
guess what! i can access the Net through it, too! it has wi-fi! cool...

getting out of debt part 1 of many

a new series guys!
i have been scouring the Net for alternative ways, meaning funny and weird, of getting OUT of DEBT which many of us have been dreaming for years.


Looking for a way to stop yourself from adding more to your mounting credit card debt? This guy shows you how.

LaSalle Mispelled

ahem! :))

The TOP 1000 World Banks 2007

It's out! When I get back to school, I'll post the Top 25 and do some discussion. I can only access online databases at school, so there. :)

an invitation to brokerage firms and stock freaks

here we go again :)) discounts await early birds!!!

portfolio and blog earnings update

y'all!
to make everything better AND more exciting (i hope), i will post updates for my stock portfolio and blog earnings (there is really earnings! hehe) at the end of every month. to be exact, the portfolio update will be posted at month-end, right after trades are closed on the floor. for blog earnings, i'll post this 3 days or less after the end of the month. some agents need time to update their records, that's why the blog earnings update will be late.
so please look forward to ALL this updates, like i do :)

wheel of time

i have read this series for so many times. never fear though that rereading it time and again diminishes the excitement the series gives. it aint. as a matter of fact, it gets more exciting every time.

my apologies to those who have been expecting a finance post. this is NOT, but i just have to let you know guys.
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Get your costumes ready! Be part of New Worlds 5! The New Worlds Alliance presents New Worlds 5: The 5th Philippine Science Fiction and Fantasy Convention October 27, 2007 Glorietta Activity Center http://www.newworlds.ph

Ayala Corp to buy back P2.5B worth of shares

Any reason for this?
What do you think?
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Ayala Corp to buy back P2.5B worth of shares


Thomson Financial
Last updated 12:59pm (Mla time) 09/11/2007

MANILA, Philippines -- The Philippines' biggest conglomerate, Ayala Corp., said Tuesday it will buy back up to P2.5 billion worth of common shares, or about 1.3 percent of the company's current market capitalization, to boost its stock price.

The buyback program "sends a positive signal of the company's confidence in its own shares," Ayala Corp told Manila's stock exchange. The company did not say when the buyback will start.

It said the program will not affect the company's prospective and existing projects and investments, including its ongoing liabilities management program.

Ayala Corp's listed units are Globe Telecom Inc., Ayala Land Inc., Bank of the Philippine Islands and Manila Water Co. Inc.

At 9:43 a.m., Ayala Corp. shares were steady at P462.50. – Enrico dela Cruz

($1 = P46.70)

stocks to watch according to a pseudo-chartist

y'all!
let's look at some stocks that a pseudo-chartist friend said are stocks to watch.
GEO - target price is approx P2.20
MIC - target price is approx P7.50
PX - target price is approx P6.60
LND - target price is approx P1.40

** the target price may take a few days to be attained

caveat: these aren't BUY recommendations ha hehe
i'm just an amateur chartist... =)

i haven't checked any of this extensively, but i have been looking at GEO. maybe...

chartist vs. the oracle of omaha

for me there is no contest between the two. after all, their goals are the same - wealth accumulation for the investor. where one is more comfortable, then, by all means, use that method.

for me i use a blend of both. as a matter of fact i am waiting for a friend's email. he promised to send me some stock advices which i probably BUY next week. i have a couple of thousand of investible funds.

i am still learning. i think that my life is a continuous learning process. i want to know random walk theory, technical analysis, yadda yadda yadda.

this is a random thought, unorganize as always.

(UPDATE) ousted journalist Malu Fernandez resumes writing

what a life! isn't it time to move on?
your thoughts?
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(UPDATE) Ousted journalist Malu Fernandez resumes writing

Agence France-Presse, INQUIRER.net
Last updated 11:11am (Mla time) 09/03/2007

A LIFESTYLE writer, who was earlier reported to have been hounded out of her job after she wrote a travel piece many readers found insulting to millions of Filipinos who work abroad, has resumed writing.

Malu Fernandez had earlier said that she quit her job as a columnist at the Manila Standard Today newspaper and People Asia magazine after her article "From Boracay to Greece !" provoked international outrage.

However, an article titled "Unseen evil on your dressing table" with her byline appeared on the newspaper's website and on its Monday issue.

Fernandez's earlier travel piece, which appeared in the June edition of the magazine and later in modified form in the newspaper, recounts her mock horror at finding herself in economy class surrounded by Filipino maids reeking of cheap cologne.

"I wanted to slash my wrist at the thought of being trapped in a plane with all of them," she wrote.

The column drew fire from across the universe of online diaries who denounced her for alleged bigotry.

Eight million Filipinos, including maids, seamen, construction workers and professionals, work abroad and sent a record seven billion dollars back to the Philippines in the six months of 2007.

Fernandez at first tried to deflect criticism of her article, saying in a subsequent newspaper column that it was meant to be tongue-in-cheek humor.

"If any of these people actually read anything thicker than a magazine they would find it very funny," she wrote.

"Although it may sound elitist to you the fact is this country is built on the foundation of haves, have-nots and wannabes. One group will never get the culture of the other."

However, Fernandez said she has since become the "target of death threats, hate blogs, and deeply personal insults" and felt the need to apologize and quit.

The Manila Standard Today had earlier confirmed that Fernandez no longer wrote for the paper. It was not immediately clear why she had resumed writing.

Originally posted 12:03 a.m.

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so, this thing still happens

y'all!
i was checking my email today or yesterday, when i saw this. it is touching that this man is trying his best to fulfill a promise, a promise he gave to a man who had left this world. i am posting his emphatic email in my blog - unfortunately, it is all i can do at the moment.
may this plea for help reach the right ears, at the right time. please help by letting your friends know of this plea. you can always forward them the link to this post.
^^liza
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Dear All,

By now you should know that I am not a fan of sending or forwarding personal matter through email… and my friends would attest that I am not that keen on writing letters, even to those who are closest to me. But in this case, I would like to make an exception.

A few days ago, I woke up late, tired from the previous day’s work. Saw that I missed some phone calls. One of which was from Mr. Luisito Ibarrientos, or Kuya Lito. Kuya Lito and I would usually exchange texts messages every so often. But due to the tons of stuff I had to do that day, I failed to return Kuya Lito’s call. Or to even text him back…

Who is Kuya Lito? He was the supervisor of the College of Business canteen in UP Diliman. Sobra kaming close nito. He practically took care of me when I was still in UP. Served as my pseudo-dad. And when there was a time my faith in the Lord was waning, he was there for me. He would read the Bible to me in between classes. He served as my “spiritual director”, and gave me sound advise and moral strength. We were not of the same religion, but he prodded me to be strong in the faith. He even gave me a prayerbook one day so I will always remember to pray. Birthday ko noon. And he didn’t know na birthday ko. I so felt God’s love through him, even during the times I questioned if God did indeed loved me.

We were so close that I invited him to work sa isang business na kasosyo ang family ko, hoping that I can improve the quality of his life. Naging ninong din ako ng kaisa-isang anak niya. His name is Jigo. 6 years old siya ngayon. I think he’s in Grade 2. Things were going on smoothly for years, until business needs dictated that the corporation had to let go of some workers. Napasama dun si Kuya Lito. I felt bad na during that time. Wala kaming magawa. Me and my family tried to look for a job din for Kuya Lito. But since he was not that young anymore, nahirapan kami. We tried to start a sari-sari store business din for him, pero it failed too.

In spite of that, Kuya Lito and my family, would normally keep in touch. Lumalabas ako at si Kuya Lito minsan, kasama si Jigo, just to bond. Minsan, natutulungan at naaabutan ko rin siya ng kaunti, because I was still working then.

But law school came. And all the responsibilities that came along with it. I had to resign from this post I had from this multinational firm. Di ko na din naaabutan si Kuya Lito dahil wala na akong steady income. Nawalan na ako ng oras. But we still kept in touch, until recently, when talagang my responsibilities took most, if not all of my time.

Back to the phone call. Yes I missed it. And I totally forgot to return his phone call.

A few days after, (last Friday) I got a text from Kuya Lito’s wife. Nastroke daw si Kuya Lito, and ni pang CT scan wala sila. I tried to make some phone calls to facilitate his transfer to a better hospital. But in spite of that, hindi daw sya stable. The next day, (Saturday) he died na. At hindi na naman ako nakadalaw. Busy with bar exam preparations. Late na nung nakadalaw ako. Sunday. Patay na sya.

I feel so guilty because I promised him I will try my best to make his life much better, especially for my inaanak, Jigo. But I failed. I know it is not naman my responsibility, but I so feel that I failed him. Ni yung last phonecall niya, sa sobra kong pagod at busy, ni hindi ko nasagot.

Worse, before Kuya Lito died, pinagbilin nya sa wife nya to contact me. He still remembers my promise na I’d try to make his life much better. He told his wife na lapit ka kay Ralph, he won’t fail us.

I would like to ask for your help. Kahit huli na. If you know any place where I can get a scholarship for Jigo, then please let me know. If you would like to give anything to him, kahit kaunting amount lang, then please feel free to contact me. I want to raise funds for Jigo and his family. I will not fail on my promise.

Please help me fulfill my promise for a better life, at least for Kuya Lito’s son Jigo.

For any donation, please feel free to contact me, rafael_calinisan@ yahoo.com or 0917-8441111.

Thank you so much.

-Ralph

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above is a picture of Ralph, Kuya Lito, and Kuya Lito's son, Jigo

Chartered Financial Analyst

FYI
Since I haven't learned how to attached files in my blog, please email me for the application form. :)
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Message from Ernie Francisco

The CFA Society of the Philippines, in coordination with The CFA Institute, is pleased to announce that applications for the CFA Program Scholarship for June 2008 (level 1-3) are now being accepted. Please fill out the attached form and send it, along with the required documents no later than 12 noon of October 19, 2007. For employees of regulatory partners
(BSP, SEC and PSE), please keep posted, you will have a slightly revised process as we will coordinate with your employers through our liaison officers.

Should you have any questions, feel free to contact me at ernief_2000@ yahoo.com or franciscoed@ sss.gov.ph.
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Asia-Link Conference 2007

when i started this blog 3 weeks or so ago, i pledged to myself that i will update it everyday. i did for sometime, but this week i didn't. i have been so busy in my other activities that i failed to honor that pledge - i just need to do my best next time (however, i will be going home to Ilocos this weekend AND since my bluetooth-capable mobile was stolen, i won't be able to access the Net at home). i will just post as many tonight as the days i missed and will miss.

last monday, though the rest of the country rested, i was at edsa-shangrila ortigas the whole day. i attended an International Conference - Asia Link Project. basically, it was a gathering of intellectuals. I am glad I got to meet some of them. :P One of the fun parts of the whole day event is i got to listen to BSP Gov. Armando Tetangco and his views on the economic prospect of our part of the world.

below are some of the pictures of the event
i will post the link to the project's site next time so you can view the papers presented during the conference.

advertisement earnings as of August 31, 2007

Y'all! Again, thank you for ALL your support. Thank you for visiting my blog and reading through my posts. It is humbling and inspiring.
So here is the ad earnings for the month of August.
For the coming months, I will only give an update for ad-related earnings at the end of each month.

an invitation to brokerage firms and stock freaks

Greetings!

The Development Center for Finance is a non-stock and non-profit institution jointly established by the U.P. College of Business Administration and FINEX Research and Development Foundation. The Center is dedicated to the enhancement of the skills and knowledge of finance professionals, the development of domestic financial markets, and the improvement of financial management practice in the Philippines in general.

This September 29 and October 6, 2007 DCF is holding a seminar on the Advanced Financial Statement Analysis and Financial Reporting Issues. The seminar is divided into four major sessions:

1. Framework for financial statement analysis and International Accounting Standards;
2. Analysis of balance sheet accounts which includes receivables, inventory, investments including SUBPRIME, intangibles, and property, plant and equipment;
3. Financial analysis of financial institutions and holding companies; and
4. Financial analysis of mining companies.

The first two sessions will be discussed by Marie Therese F. Agustin. Ms. Agustin is an Associate Professor at the UP CBA. She is also a management consultant undertaking financial advisory, investment brokerage, strategic planning, and operations auditing services. Her major clients include the Asian Development Bank, Asian Finance and Investment Corporation, and Sun Hung Kai Securities (Phils.), Inc. Prof. Agustin holds a Master of Business Administration (major in Finance) degree from the University of California at Berkeley.

The third session will be discussed by Arthur Cayanan. Dr. Cayanan is Professor of Finance and Accounting at the UP CBA. He is also the Assistant Vice President for Finance of the University of the Philippines System, Investment Consultant to the UP Business Research Foundation, Inc., and former Investment Officer of the UP Foundation, Inc. He is one of the authors of the book Investment Management and the Philippine Stock Market, and the Philippine Corporate Finance. Prof Cayanan earned his PhD in Business Administration and MA Economics degrees from UP.

The session on mining companies will be discussed by Dr. Carlo A. Arcilla. Dr. Arcilla is the Director of the National Institute of Geological Sciences of the UP College of Science. He is also an Associate Professor of geology in that college. Dr. Arcilla holds a PhD in Geotechnical Engineering and geological Sciences and a Masters in Geology degrees from the University of Illinois. He has worked with some of the top mining companies in the country for several years.

In this connection, DCF is inviting your institution to send participants to the Advanced Financial Analysis and Financial Reporting Issues. We hope you will find the seminar relevant and timely.

Special discounts are offered to group participants. For inquiries, please contact the DCF Program Secretariat at the U.P. College of Business Administration at telephone numbers 920-8025 (direct line) or 928-4571 to 76 local 2156 (Shane) or fax to 922-8544.

I hope to see you on September 29 and October 6, 2007.

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To know more about this seminar, please check my previous blog on
advance financial analysis