Monitor link
Thursday, October 8, 2009
Wednesday, October 7, 2009
Re: MEG
Ayala Land Inc. (ALI) still trending up base on technical analysis, but i decided to transfer my rolling capital to MEG.
Bought Meg 7000 Shares @ 1.56 = Php10,920.00
Cutloss: 1.52
Target Price 2.10
Fundamental analysis: SEC Form 17-A and current position on fort bonifacio.
Fluctuation: Value turn over php237Mil @ 1.68 up by 0.16 - very strong and high volume to sustained uptrend and target price of 2.10 then a gain of 3,780.00 or 34%. but if fails to trendup my stoploss is 1.52 a loss of 280.00 in this transaction.
Bought Meg 7000 Shares @ 1.56 = Php10,920.00
Cutloss: 1.52
Target Price 2.10
Fundamental analysis: SEC Form 17-A and current position on fort bonifacio.
Fluctuation: Value turn over php237Mil @ 1.68 up by 0.16 - very strong and high volume to sustained uptrend and target price of 2.10 then a gain of 3,780.00 or 34%. but if fails to trendup my stoploss is 1.52 a loss of 280.00 in this transaction.
MANILA, Philippines—The Tan family’s Megaworld Corp. is set to be challenged by three of the country’s real estate titans—Ayala Land Inc., the Gotianuns’ Filinvest Land Inc. and the Gokongweis’ Robinsons Land Corp.—for its bid to develop the Bonifacio Global City’s North Bonifacio lots.
For the 8.38-hectare development, the Andrew Tan-led company posted an unsolicited offer of P33,283.88 per square meter, or nearly P2.9 billion, earlier this month.
The Bases Conversion and Development Authority, which has jurisdiction over the Global City property, on June 11 declared the three real estate firms eligible to challenge Megaworld’s bid.
Megaworld’s offer effectively becomes the floor price for the North Bonifacio lots development. Each of the three firms has to commit a minimum investment of P15.6 billion to get a chance to develop the lots.
In a statement, BCDA vice president for business development Aileen Zosa said the issuance of tender documents for the development started on June 11 and would end on June 26.
The preselection process will follow on June 29.
Deadline for the submission of technical documents, which include the technical and financial proposals, has been scheduled for Aug. 14.
“The competitive challenge procedure will be conducted according to the (National Economic and Development Authority) Joint Venture Guidelines. The selection of BCDA’s joint venture partner shall be based solely on the price proposed for the property, which is the present value of all cash inflows to BCDA,” the BCDA statement read.
The North Bonifacio lots are mostly located between Eight and Ninth Avenues within the posh Taguig development. Eight firms had originally expressed interest to develop the lots.
For the 8.38-hectare development, the Andrew Tan-led company posted an unsolicited offer of P33,283.88 per square meter, or nearly P2.9 billion, earlier this month.
The Bases Conversion and Development Authority, which has jurisdiction over the Global City property, on June 11 declared the three real estate firms eligible to challenge Megaworld’s bid.
Megaworld’s offer effectively becomes the floor price for the North Bonifacio lots development. Each of the three firms has to commit a minimum investment of P15.6 billion to get a chance to develop the lots.
In a statement, BCDA vice president for business development Aileen Zosa said the issuance of tender documents for the development started on June 11 and would end on June 26.
The preselection process will follow on June 29.
Deadline for the submission of technical documents, which include the technical and financial proposals, has been scheduled for Aug. 14.
“The competitive challenge procedure will be conducted according to the (National Economic and Development Authority) Joint Venture Guidelines. The selection of BCDA’s joint venture partner shall be based solely on the price proposed for the property, which is the present value of all cash inflows to BCDA,” the BCDA statement read.
The North Bonifacio lots are mostly located between Eight and Ninth Avenues within the posh Taguig development. Eight firms had originally expressed interest to develop the lots.
Megaworld Corporation
| Company Profile | ||||||
| Megaworld Corporation was founded by Andrew Tan and incorporated under Philippine law on August 24, 1989 under the name of Megaworld Properties & Holdings, Inc. The company was primarily organized to engage in real estate development, leasing and marketing. In 1994, it spun off Empire East Land Holdings, Inc. which focused on the middle income market. On August 19, 1999, the company changed its name to Megaworld Corporation to coincide with its conversion from a purely real estate company into a holding company, although MEG continues to focus on its core competence in real estate development. | ||||||
| The company is primarily engaged in the development in Metro Manila of large-scale mixed-use planned communities, or community townships, that integrate residential, commercial, educational, leisure and entertainment components. In addition, MEG engages in other property-related activities such as project design, construction oversight and property management. MEG's real estate portfolio includes residential condominium units, subdivision lots and townhouses, as well as office projects and retail space. The company's property development projects include Eastwood City, Forbes Town Center, McKinley Hill, Newport City, Manhattan Garden City, and Cityplace. | ||||||
| MEG's subsidiaries include Megaworld Land, Inc., Richmonde Hotel Group International Limited, Prestige Hotels and Resorts, Inc., Eastwood Cyber One Corporation and Forbes Town Properties and Holdings, Inc., among others. | ||||||
| Source: SEC Form 17-A (2008) |
Sunday, October 4, 2009
stock an alternative investment
savings deposit and or time deposit are totally different to stock investment, in terms of gains and risk.
savings/time deposit - low risk, very safe and covered by insurance (PDIC) yet low return on investment (ROI) it range from 1 - 6% rate per annum. with lock in period best for long term investment.
ex: 1 yr. savings deposit - php 10,000.00 x 1% = 100.00 gain
1 yr. time deposit - php 100,000.00 x 6% = 6,000.00 gain
- applicable to very conservative investors.
stock - high risk, unsafe and no guaranty in case of bankruptcy. but compared to savings and time deposit this one is high yielding investment.short and long term investment. now let me explain how to ride with the following disadvantages.
high risk - fluctuation of price is a negative characteristic of stock for a novice player in the stock market, but for the tsupitero or stock trader this is an opportunity to invest buy at low sell at high.
bankruptcy - choose a company/corporation that has a track record in the line of business like AYALA LAND INC.(ALI), SAN MIGUEL CORP.(SMC), MERALCO (MER), PLDT (TEL),etc.
high yield - ex: Ayala Land Inc. (ALI) Capital - 6,000.00
trans1: 12/8/08 bought @ 5.70/shr x 1000 shr = 5,700.00
1/19/08 sold @ 7.10/shr x 1000 shr = 7,100.00 gain - 1,400.00 24%
trans 2: 4/29/09 bought @ 6.30/shr x 1000 shr = 6,300.00
6/3/09 sold @ 9.40/shr x 1000 shr = 9,400.00 gain 3,100.00 49%
trans 3: 7/20/09 bought @ 9.00/shr x 1000 shr = 9,000
9/23/09 sold @ 11.00/shr x 1000 shr = 11,000 gain 2,000.00 22%
total gain in less than a year = 108 % of the original capital _____6,500.00
savings/time deposit - low risk, very safe and covered by insurance (PDIC) yet low return on investment (ROI) it range from 1 - 6% rate per annum. with lock in period best for long term investment.
ex: 1 yr. savings deposit - php 10,000.00 x 1% = 100.00 gain
1 yr. time deposit - php 100,000.00 x 6% = 6,000.00 gain
- applicable to very conservative investors.
stock - high risk, unsafe and no guaranty in case of bankruptcy. but compared to savings and time deposit this one is high yielding investment.short and long term investment. now let me explain how to ride with the following disadvantages.
high risk - fluctuation of price is a negative characteristic of stock for a novice player in the stock market, but for the tsupitero or stock trader this is an opportunity to invest buy at low sell at high.
bankruptcy - choose a company/corporation that has a track record in the line of business like AYALA LAND INC.(ALI), SAN MIGUEL CORP.(SMC), MERALCO (MER), PLDT (TEL),etc.
high yield - ex: Ayala Land Inc. (ALI) Capital - 6,000.00
trans1: 12/8/08 bought @ 5.70/shr x 1000 shr = 5,700.00
1/19/08 sold @ 7.10/shr x 1000 shr = 7,100.00 gain - 1,400.00 24%
trans 2: 4/29/09 bought @ 6.30/shr x 1000 shr = 6,300.00
6/3/09 sold @ 9.40/shr x 1000 shr = 9,400.00 gain 3,100.00 49%
trans 3: 7/20/09 bought @ 9.00/shr x 1000 shr = 9,000
9/23/09 sold @ 11.00/shr x 1000 shr = 11,000 gain 2,000.00 22%
total gain in less than a year = 108 % of the original capital _____6,500.00
Subscribe to:
Posts (Atom)