Sunday, April 27, 2014

Stock Favorite: Megaworld Corporation (MEG) in Philippine Stock Market

As one loyal follower of the Truly Rich Club (TRC), I have been taking advice from the Truly Rich Club Stock Updates on what to buy, when to buy and when to sell.

I have been pretty much “brainwashed” by Bro Bo Sanchez in most of his teachings – in spiritual and financial aspects. So in choosing what to buy, I always consult the SAM table. (“What’s SAM?” you may ask. It’s a TRC jargon meaning Strategic Averaging Method.)


Now, I am adding one more stock to our Stock Favorites. Let us welcome - MEGAWORLD Corporation!


Megaworld Corporation

Megaworld Corporation was founded by Andrew Tan and incorporated 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 August19, 1999, the Company changed its name to Megaworld Corporation to coincide with itsconversion 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-scalemixed-use planned communities or townships that integrate residential, commercial,educational, leisure and entertainment components. In addition, MEG engages in other property-related activities such as project design, construction and property management. MEG's real estate portfolio includes residential condominium units, subdivision lots andtownhouses, as well as office projects and retail space. The Company's property development projects include Eastwood Parkview, Corinthian Hills, The Salcedo Park, Greenbelt Madisons, and The Bellagio. (Source: COL Financial) 

Subsidiaries and Affiliates

MEG's subsidiaries include Megaworld Land, Inc.; Prestige Hotels & Resorts, Inc.; Mactan Oceanview Properties and Holdings, Inc.; Richmonde Hotel Group International Limited;among others. The Company has numerous associates namely the Suntrust HomeDevelopers, Inc.; Palm Tree Holdings and Development Corporation; Megaworld-GlobalEstate, Inc.; Alliance Global Properties Limited; and Travellers International Hotel Group,Inc. (Source: COL Financial) 


Stock Market Details




1. Stock Code: MEG

    To buy shares of Megaworld, just look for the stock code MEG.

2. Main Board Lot: 1000 shares

    Board Lot identifies the minimum number of shares that can be bought. It also indicates the increment of share amount that is allowed. This means that an investor is only allowed to post a buy order for a minimum of 1000 shares. If the investor has more funds, he or she can buy more than 1000 shares with an increment of 1000 shares as well. So this will be 2000, 3000, 4000, and so on. The system will not allow the investor to put in 1100 shares or 2200 shares in the buy or sell order in the main board lot.

3. Fluctuation: 0.0100 Php

    Fluctuation indicates the buying or selling price to be in multiples of 0.01 pesos. The investor can post 3.0100, 5.5600 but not 4.5110.

4. Floor Price: 2.29 Php

    The floor price dictates the minimum amount that the buyer can put as a buying price or the seller in the selling price. The system does not allow the user to put amount lower than 2.29 Php.

5. Ceiling Price: 6.85 Php

  The ceiling price dictates the maximum amount that the buyer can put as a buying price or the seller in the selling price. The system does not allow the user to put amount higher than 6.85 Php.


6. Open to Foreigners: YES

  Foreign investors are allowed to purchase shares of MBT.

7. Action: BUY


  With the current price of MBT, it is still cheaper than the fair value. As a long term investor, this stock is still flagged to have a BUY rating as per COL Financial and Truly Rich Club.




Flashback

Market Price History:





Dividends:





From the Market Price History table taken from COL Financial's site, MEG's value in 2008, 2009, 2010, 2011, and 2012 were 0.72, 1.48, 2.48, 1.70 and 2.77, respectively. The current market price is 4.49 as of April 25, 2014. That's a big leap. I was able to buy shares of this stock when it was still around 3.00 pesos so right now, I have the biggest gain from this company as compared to other stocks in my portfolio. Currently I have 30% profit already if I decide to sell now but I am keeping it because there's still much potential for this company. So we're putting it in a BUY rating.


So let's welcome our new addition to our Stock Favorite - MEG! Visit our updated table in the side bar for future updates.




For more guidance on what stocks to buy and when to buy or sell them, you can seek for assistance through Truly Rich Club. Know more about Truly Rich Club here >>> TRULY RICH CLUB.


May Success be to you,

Pocketwise Pinoy Author


Saturday, April 26, 2014

Information Regarding Philippine Stock Market Investment

Readers' Questions and Author's Answers on Philippine Stock Market Investment.

I have been receiving a lot of emails and inquiries about Philippine Stock Market Investment. One of them might be a question you've been wanting to ask as well so for the benefit of our readers and visitors in this blog, here's a compilation of questions sent to me through email or other means:



Taken from www.mynamesnotmommy.com
Question #1. For Php 5000.00 as initial deposit, can I invest this amount to 2 companies?

Answer:

That's possible if the companies you will invest in require minimum amounts that will sum up to 5k or less. For example, you want to invest in Company A and Company B. Company A has a minimum purchase of 10 shares. Each share is equivalent to 100 pesos. Therefore you need 1000 pesos to purchase the minimum of 10 shares. If company B declares a minimum purchase of 100 shares and each share costs 35 pesos, you need to have 3500 to purchase the required minimum shares. Therefore, with 5000, you can purchase 10 shares of Company A and 100 shares of company B for 1000 + 3500 = 4500. Plus there are taxes for each buying transactions so you will spend 4500 plus for the investment for 2 companies. 

Question #2. I want to try this...
How can I learn the basics... And how can I join...
How much will it cost me at least..

Answer:


The first step to participate in stock market is to acquire an account in COL Financial and then fund the account with the minimum amount of Php 5000.00. That amount can be used to purchase stocks already. For the list of stocks that are good to invest in, you can join the Truly Rich Club www.crmapili.trulyrichclub.com to get updates on what stocks to buy and when to buy or sell.

For the complete details of what needs to be done to secure an account in COL Financial and start investing in PH Stock market, please go through this guide:

http://pocketwisepinoy.blogspot.com/2013/04/philippine-stock-market-guide-for.html

Question #3. Joint account po yung gusto ko i open, need ba mag submit dun ang husband ko ng mga id's? Thank you

Answer:

Both IDs of the primary and secondary account holder are needed. Please include photocopy of government issued IDs for submission through courier

Question #4. Ask ko lang kung pwede ako mag join kahit andito ako sa saudi?What if I will go back to philippines wala bang mgiging problem.

Answer:


Pwede po. Since we have our online broker (which is COL Financial in my case), you can access your account via internet. You can post buy and sell orders through COL Financial's site.
When you go back to Philippines, wala ka din namang magiging problema. You still own your account. Yun yung maganda sa investment natin. You can access it anytime, anywhere (basta may internet).

That's all for now. Happy investing!


May Success Be To You,






Wednesday, April 9, 2014

Stock Favorite: Metropolitan Bank (MBT) Announces Dividends

I love dividends! Long term investors and Truly Rich Club members do.

From one of our Pocketwise Pinoy Stock Favorites, Metropolitan Bank and Trust Company (MBT) has an exciting news for us. MBT declares a cash dividend of Php 1.00 per share. Approval by Board of Directors has already been given last March 26, 2014. Details like ex-date, record date and payment date are not yet available though I will surely keep you posted when I have the information. I am keeping my eye on this stock.

For now, let's keep on buying MBT Shares!

As per our Stock Favorite recommendation and based on COL Financial and Truly Rich Club, MBT is still in BUY rating so keep on accumulating shares.


Metropolitan Bank Related Posts:


May Success Be To You,





Tips on Using Credit Cards: Being Friends with Them

Allergic to credit cards? Do you have a perception that getting a credit card is like getting into trouble?

Credit Card is neither good nor bad. It depends on how you use it. In this blog, I would like to list down the things which I like about having credit cards - why I use them and what benefits they bring me that I can say they are more of friends to me than foe.

A Credit Card is a Friend

A friend can lend you money without interest (as long as you pay them on the time you promised). A friend treats you at times for a meal or a snack. A friend makes things comfortable for you.

With what I described above of how a friend should be for me, I can consider credit cards as friends.

Here are the reasons:

1. Credit card lends money with no interest if you pay on time.

This is true when you pay your bills on or before your due date. Even though friends lend you money, it is still always the creditors responsibility to ensure that everything is settled on the agreed date. If you pay on time, then you won't get any problems.

2. Credit card treats a meal.

And lets you share that meal with others.

Until the first quarter of 2014, BPI offered free meals in Jollibee if you spend Php 2000, 6000 and 12,000. So every time I purchase products from First Vita Plus for my business and for my personal consumption, I use my cards to pay instead of paying in cash. I just make sure that on my due date, I pay for my credit card bill. For all those times I use my credit card, it converts to a free meal which I can share with friends and family. It's much better if you are also investing in BPI stocks. You gain from what you've spent through your card since you are a BPI shareholder. Brilliant, isn't it? ;)


3. Credit Card gives discounts.

Almost every time, credit cards offer discounts on gadgets, shopping, membership and even in restaurants through their partnerships with a list of merchants. Last time, we had a family lunch and I only paid 50% of the bill since I paid using my credit card. I can pay cash but I chose to pay with my card to avail the discount. Wise? You can do that with your credit cards too. A little research on the available promos won't hurt. Benefit from your card rather than your card benefiting from you.

4. Credit Card rewards card holder's loyalty.

Loyalty points can be exchanged with products offered by credit cards. Some points can be used to get appliances and gadgets. There are some that can be exchanged for other services. Just recently, I was able to exchange my loyalty points to a voucher which my brother used to buy airline tickets going to Hongkong to visit our First Vita Plus dealers. Our First Vita Plus business also benefit from credit card rewards in this case.

5. Credit Card provides easier payment option through installments.

In some cases, credit cards help us buy necessary things at a more convenient payment strategy. These things might be important to your business but you don't have the full amount to purchase them yet, therefore, credit cards can be of aid for making payment terms lighter.

6. Credit Card repays you with rebates.

Some credit cards give back rebates which can be used to pay for the amount due. Each time you use your credit card, you gain rebates which can be later on converted as a payment for your credit card bill. Maximize your card's benefit.



3 Tips on Using Credit Cards


To ensure you and your credit card are friends:


1. Only use credit card as a substitute to allotted cash payment. This means that you have money allocated for that item but you used your card to avail a certain promo or discount.

E.g. In paying my bills, I use my card if the amount I will pay is within the promo amount of my card. Then I make sure that I set aside that cash payment to be paid on or before the due date. So it is really not borrowing something you don't have. It's just substituting your mode of payment.

2. Pay full credit card due on time.

Avoid paying just the minimum. Interests accumulate so fast you'll be surprised what you've borrowed has been doubled in just a few months. Pay your due in full. If you can't do this, don't use your credit card.

3. Check what promos are available for the cards you have. Use the card that has a current promo.

Again, use the card as a substitute payment strategy. Make sure that you have allocated funds for whatever you are going to purchase. It's just that you are paying through credit card to avail whatever promo your credit card has.


One good thing I also like about paying through credit cards is that I am able to monitor my expenses. I can keep track of expenses I incur often and can check if I am going over my budget. For those who are planning to get credit cards, I am not against it but always remember the 3 tips in using your credit cards. Be friends with them and benefit from them (not the other way around). Aim to be Truly Rich, avoid debt and use your credit cards well.

Hope you enjoyed this post! Comments are very much welcome.


May Success Be To You,

Pocketwise Pinoy Author