Investing in the Philippine Stock Market

Oh bloody hell, where's the peso headed...

Ginebra San Miguel profit flat due to business difficulty

Should we be upset with GSMI's results? Not really. The moment it sold the water and juice businesses, it lost a viable growth strategy. This being the case, GSMI is transformed from a growth play to a dividend play. Check out the company's cashflows when the financial statements are released. It should have substantial holdings.

Nonoy's Favorite Songs

And this is my lyrics page...

Investing in the Philippine Stock Market's Dreambook

Hi! I'm revamping my site. Just to make sure I don't lose all my links, this is my GUESTBOOK

High Court affirms junking of airport terminal deal

Investor confidence is important and sanctity of contracts is an essential element. However, the Supreme Court decision should not be viewed negatively. The arguments are numerous and valid. At least it shows the judicial system still works.

We should instead focus on the defects in bidding out of contracts. The solution must fit the problem after all. Like I have opined a number of times in the past, poor implementation of the law is not remedied by more legislation.

This isn't really a stock market post, but nonetheless relevant I believe.

Investing in the Philippine Stock Market

And so I hear Piltel's going all the way to P3. Not a bad deal if it's true. I wonder why they denied that it will be used as a backdoor vehicle for Smart. It sure seems like a good idea. Beneficial for everyone.

Investing in the Philippine Stock Market

The stock market has been very erratic as of late. I bet most of you have been shaken out of your guts already. As for me, well I'm a bit nervous too. Although I can say with certainty that I will sell in a few weeks. I'm betting it will be all downhill until just before the elections. Maybe I'll pick up a few stocks again by that time. Nothing like election violence to provide the market with value.

New Year. Another chance to make money.