General Discussion Too
For all you newly-weds/soon-to-be-weds/procreators out there :
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Sila nanaman?
SCTex: Another stage for Ang, Pangilinan face-off? abs-cbnNEWS.com | 01/05/2010 7:20 PM http://www.abs-cbnnews.com/business/01/ ... x-contract MANILA, Philippines - Two of the country's fiercest competitors in business deals face-off over another potentially juicy asset: the Subic-Clark-Tarlac expressway (SCTex), the country's longest tollway. Only the companies led by prominent businessmen Manuel V. Pangilinan and Ramon Ang beat the January 4 deadline for the submission of bid documents for the right to operate and manage the 93.77-kilometer toll road. Pangilinan-led Manila North Tollways Corp. (MNTC) and Ang-led Northlink Toll Management Inc.--a joint venture between San Miguel Corp. (SMC) and Star Tollways Corp.--are vying for the 33.5-year contract, which lasts until 2043. In the past 2 years, the 2 leaders of the country's biggest conglomerates battled for control of power retailer Manila Electric Company (Meralco). MNTC, a unit of Metro Pacific Investment Corp, the infrastructure arm of telecom industry leader, PLDT Group, has been eyeing toll road projects before it maneuvered to acquire a controlling intrest in Meralco. MNTC is the current operator of the North Luzon expressway (NLEX), which connects the capital city, Manila, to Northern and Central Luzon provinces. The NLEX connects to the SCTex. San Miguel had previuosly expressed interest to acquire a stake in NLEX, which is owned by the Lopez family who used to control Meralco. San Miguel Corp has been Asia's largest food and drinks conglomerate until it diversified into higher yielding businesses, such as mining, power, and telecommunications. San Miguel recently added infrastructure assets to its portfolio. Aside from SCTex, it has acquired a 35% stake in the Tarlac-La Union road project, which, in turn, connects to the northern end of the SCTex...
Re: General Discussion TooMagkano mo ba nabili?
"According the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'"
Re: General Discussion Toobenta mo na
Re: General Discussion Too
For the past 5 years, PhilEquity Fund has compounded at 33.6757% despite the 2008 economic depression. From the data on their website (Year: % Return) 2005: 15.24 2006: 15.26 2007: 18.33 2008: -40.71 (Economic Depression) 2009: 65.05 2010 is not yet included since the year has not ended yet, but the Year-To-Date return is 23.48%. I used this formula to get the equivalent compound interest: Compound Interest = ((Last Value/First Value) ^ (1/Number of Years)) - 1 Compound Interest = ((65.05/15.24)^(1/5))-1 = 0.336757 = 33.6757% To check that this is indeed the compound interest, we can use 33.6757% on 15.24 and see if the result will be 65.05 after 5 years of compounding: ((((15.24 * (1 + 0.336757)) * (1 + 0.336757)) * (1 + 0.336757)) * (1 + 0.336757)) * (1 + 0.336757) = 65.05 I invested for many years before I started trading. I use this formula often to benchmark the performance of different investment vehicles. I am still more of an investor. 85% of my portfolio is allocated to mutual funds and VULs. 15% for trading just for kicks since I find investing really boring.
Buffettology (Mary Buffett), Security Analysis (Benjamin Graham), Intelligent Investor (Benjamin Graham), can be bought at Fully Booked. They even have Martin Pring's "Introduction to Technical Analysis", which I bought as soon as I saw it.
Re: General Discussion TooCorrection on my previous post: 16.84% lang pala Compound Interest ng PhilEquity Fund for 5 years (YoY basis). I substituted the % earnings instead of the value per unit. Dapat value per unit ang ginamit sa formula.
So the correct substitution will be: initial value = value per share on last day of the year before the 1st year, final value = value per share on last day of last year.
Re: General Discussion Too
Bro, tried to recalculate pero mukhang yung 5 year compounded return ay halos 9% lang. Yung piso pag nireinvest sa nasabing returns ay naging P1.54 base sa aking calculations. Assuming this is net of management fees, maganda pa rin Nag aaral din ako, yung huling nabasa ko Buffetology. Biased si Buffett sa high ROE issues
Re: General Discussion Toohttp://www.stocksph.com/2010/10/ip-converge-secures-approval-for-pse.html
IP Converge Data Center, Inc. (IP-Converge), the information technology and telecommunications subsidiary of publicly listed conglomerate IPVG Corp. (PSE: IP), has secured approval from the Philippine Stock Exchange (PSE) for the Initial Public Offering (IPO) of 45,466,667 common shares, at an offer price of up to Php 8.80/share........ Another IPO na naman, matulad kaya to sa CEB
Re: General Discussion TooNice to discuss. The future of penny stocks and penny stock investing is very bright. It is changing and the people that are going to make money are the ones that adapt to it. www.hototc.com provides more details about Penny Stocks.
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