FPH

[MandM]

ManD, BV/s at end of 2011 was already P133.54.

ah yes sorry, was looking at the most recent quarter ratio.
the Q1 report says 144.
must be higher than that now.

[hec]

Thanks everyone sa reply.

Nagtry nga ako magcompute noon at nakuha ko yung 133.. I just thought na mali ang computation kasi kasi ang baba ng current price ng FPH samantalang tuloy tuloy naman ang income niya...

Maganda nga ito for long term investors.. My money is still with ELi and PNB, siguro isa ito sa lilipatan ko once na mareach ko target price ko sa current stocks ko..

[caleb]

OFW Investor, Paki review mo rin un citiseconline recommendation on TP re: Fgen buy minority Bg group. it still uses outstanding shares of 601 million shares compared to PSE outstanding shares of 548,348,000 shares.

[MandM]

I think outstanding shares will still change due to the buy-back activity again.
Which is good IMO.
http://www.pse.com.ph/resource/disclosu ... 63_FPH.pdf

[hec]

I think outstanding shares will still change due to the buy-back activity again.
Which is good IMO.
http://www.pse.com.ph/resource/disclosu ... 63_FPH.pdf

A buy back activity by FPH is I think a good opportunity to buy..
That means na cheap tlaga price niya..

[caleb]

Diyan lang understated na kaagad valuation ng citisec by 10%!

[MandM]

I checked FirstMetroSec's valuation table and saw FPH's BV at 121.15
probably, they use the 2012Q1 data for Total Shareholder Equity and Preferred share but use the current outstanding share (548,342,212). The result is 121.
(from April to July meron disclosures for additional listing - the reason tumaas outstanding shares then)

[OFW_Investor]

OFW Investor, Paki review mo rin un citiseconline recommendation on TP re: Fgen buy minority Bg group. it still uses outstanding shares of 601 million shares compared to PSE outstanding shares of 548,348,000 shares.

Bro, COL used 601 Mn outstanding shares.

[caleb]

From it's disclosure to PSE, FPH have also indicated the same figure of 548 million as it's outstanding shares. I don't know why citisec have been using the 601 million figures.

[OFW_Investor]

Nice observation bro. If that is the case, COL NAV estimate is too conservative because they had applied higher outstanding shares. Applying the 548 Mn shares will definitely boost their NAV estimate. Yun lang, we dont know the reason behind why they are using higher outstanding shares compared to PSE disclosure. Maybe someone could answer.

[MandM]

chart seems showing possible correction in the making.

[OFW_Investor]

Business World Research stock pick.

http://www.bworldonline.com/Research/stockpicks.php?id=0963x

[MandM]

I see 75/76 range as support on the chart...