The Retail Fund Manager PH
patreon
May 2023 Q&A Discussion
🕑 Added 2023-05-31 02:25:21 +0000 UTCAsk anything and I will try to answer!
Comments
TheCheap Gamer
D ko sure yung process nila. Meron siguro yan mga entities na inuutusan para bumili in their part. Not sure.
ApaChin
Ask ko lang paano ang mga insider nakakabili ng stocks worth millions of pesos like the SCC, DMC insiders at a certain stock price? Same din ba ang pagbili nila sa mga katulad natin na retail investor? Thank you.."
Gilmiester Siores
Try ko bukas sir. Thank you
TheCheap Gamer
Ang simple computation Kasi niyan is (Total Assets-Total Liabilities)/shares outstanding. Iba pa Yung formula kapag may prefered shares Yung company. Pwede mo google.
Gilmiester Siores
Sir ginawa ko narin, sorry hindi ko parin mahanap yung book value per shahre niya na 246.46 sa 2013 ang kumplikado pala. Na select ko naman yung 2013 pdf siya nandoon lahat pero yung book value di ko talaga mahanap
TheCheap Gamer
https://www.globe.com.ph/about-us/investor-relations.html Meron diyan interface kung saan iseselect mo Yung year. Andiyan mga annual reports nila as old as 2012
Gilmiester Siores
Sir nahanap ko na po siya pero yung latest yung nakuha kung data, how about from 2013 to 2015 yung history ng book value per share niya?
Gilmiester Siores
Copy. Thank you sir! <3
TheCheap Gamer
You can go to company website. Investor Relations Tab or Disclosures. Pwede ka mag download old annual reports Ng company.
Gilmiester Siores
Hello sir. Saan pala makukuha yung book value per share ng globe sa balance sheet? 2013-246.46 2014-349.72 2015-390.61 2016-405.17 2017-441.03 2018-513.03 2019-596.31 2020-633.05 2021-584.37 LTM-912.42 nakita ko lang to kay InvestingPH paano niya nakuha yung data na yan? Thank youu
TheCheap Gamer
Investing is all about buying consistently and buying the dip on good companies/businesses. To do that, I need some cashflows. REITs can give me that every quarter since they are required to pay dividends. I also PESO Cost Ave on REITs since I dont do valuation analysis on them.
Erly
Hello Sir, I might have missed it on your videos, but can you please briefly share why you're using Peso Cost Averaging for REITs? Thank you.
TheCheap Gamer
Its a mehhh.... I am not really excited or interested about stock dividends. What I don't like is AUB not increasing their cash dividend rate despite record breaking performance.
GEE
Sir, any thoughts about the news regarding the declaration of stock dividends by AUB subject to approval of stockholders and PSE? Thanks.
Erly
Makes sense, especially the second point. Thank you very much po for your insights!!!
TheCheap Gamer
Holding companies doesn't own 100% of their subs. You may want to look at their shareholding structures. 2nd, contrary to what you have said, It's the holding companies that will mostly always trade at a discount because there's a lot of moving parts or subsidiaries on a holding company that can impact future growth assumptions used in valuations. 3rd, a growing company that's currently under appreciated by the market doesn't mean it's already a value trap. The stock market is a weighing machine in the long term. If I see a company with good fundamentals and still growing and undervalued based on my valuation, then I'm going to buy the Freaking Dip.
Erly
Like meralco po which has higher market cap than mpi, and fgen's higher than fph. Na I think if we considered the full value of these subs, the holding companies should be valued higher than the subs. Pero it's not reflected in the holding companies' market price. Nahihirapan pong mag exit tuloy kasi flat ang market price, hindi nag i-increase as expected for long periods of time. Kakastart ko lang po mag aral2x sa long-term investing, so pasensya na po if medyo bobo ang datingan hehe.
TheCheap Gamer
Depends on your definition what a value trap is.
Erly
I plan to do further research on this, but in your personal opinion, is cosco a value trap like mpi and meralco, fph and fgen?
TheCheap Gamer
I have COSCO because I think it's more undervalued.
Erly
COSCO or PGOLD?
TheCheap Gamer
Not aware with the one. How much is the management fee?
Carlo
sir regarding sa Manulife REIT Fund maganda ba yan as parang basket or index na ng mga reits or lugi pa din kasi may management fee? thanks po
TheCheap Gamer
Personally, I will transition LTG from Accumulating to Holding. Will monitor Q2 and see if PNB and other subsidiaries will pick up to drive growth. About the dividend cover in my stock analysis, I think LTG can cover dividends. May Bank Kasi sa holdings Ng LTG and Ang nangyayari is that Hindi ganun ka consistent Ang cash flows kapag may Bank sa Isang holding company. Mas okay Silang tignan kapag around 3rd or 4th quarter na.
Nigel F
Wondering po what's your personal take on accumulating more LTG stock given their recent decline in tobacco sales and their poor dividend cover this Q1. Would you personally still accumulate given na undervalued pa rin considering YoY growth? Or would you prioritize accumulating other holding stocks instead? Thanks po
TheCheap Gamer
The stock market can be more volatile specially those overvalued stocks or companies with trash fundamentals. Yun kasi target ng short sellers. The worst are the activists investors, kapag nag open sila ng short position on a certain stock and then bombahin nila ng bad news or articles yung company. Personally, I wont participate in short selling as its a waste of capital allocation.
TheCheap Gamer
I also like ICT. Currently I have a small position on the stock. Will increase it if the business grows further. I think still undervalued.
Carlo
SEC approves short selling sa PH stock market.... ano po magiging positive and negative effects sa atin na mga retailers/traders/long term investors? thank you po
Noty
ICTSI is massively investing in the Philippines port expansion and also abroad...will it be a good stock to position?
