Metropolitan Bank & Trust Co.
#41
(08-17-2012, 06:33 AM)hector28 Wrote: Learning 001. ( for newbies and beginner like me. )

Example given. MBT

[Image: 28tkyfb.jpg]

Bro hector. Thanks for the Chart. +1 rep for you. Pero yung gumamagawa ng ganyang chart hindi na beginner.

Dagdag ko lang, once resistance is broken, it becomes support (role reversal ang tawag natin sa trading). Yung P91.80 na dating resistance dahil na break na yun, naging support na ngayon.

Since yung support line are touching two points, parang magiging double bottom or reversal signal as long as the support holds.

RESPONSIBLE TRADING, my Advocacy, means Practicing Self Discipline, Continuously Educating Yourself, Protecting your Capital at all Times and Taking Full Responsibility for your Trading Results.

MY TRADING PHILOSOPHY:
TRADING without FEAR, TRADING without GREED. GREED causes exposure to DANGER. FEAR causes missed OPPORTUNITIES.

MY TRADING RULES:
1. PROTECT YOUR CAPITAL at ALL TIMES. 2. TRADE to TRADE WELL not only for MONEY.
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#42
nice catch guys like how this hit a lot of previous resistances, hopefully it will hold today

pero parang hinde ata to pwede count as reversal since i think its still in its uptrend, maybe this is a good pullback and to make a new position?

Always a Newbie
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#43
(08-16-2012, 03:04 PM)hector28 Wrote:
(08-16-2012, 10:27 AM)hector28 Wrote:
(08-16-2012, 10:17 AM)urefowei Wrote: san papunta to?
mali na naman pulot ko pang range trade.. tsk..

Bot at 94.3 kahapon..
kala ko balit norte na..

pag-na-break pa ang 92.30-92.35 petot, next major support nito is 86.20-86.5 petot.

break-down again another support.. next support in pivot indicator is 88.0-89.0 pesos.

it break-down again from it support.
still Bearish, next support in Pivot indicator is 88.0-89.0 pesos.

" A true Man embraces defeat and look forward for his Glory."

PD: none at the moment. 100% buying power.
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#44
i think 90's level is already a good enough support for me. (support and resistance since mid-march up to mid-july)
pero hanggat di pa tapos ang foreyners di din hihinto momentum nito pababa.. they must have bought at a cheaper price nung nag70/80..
haay naku..
hehehe.

Good luck sa lahat ng mbt holders, sana di tayo MaBiTay... nut nut
-bahalag gagmay basta kanunay (kahit kunti basta lagi)

non-stock related blog
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#45
near 90 re-entry would be good... as long it 90 holds
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#46
METROPOLITAN BANK & TRUST COMPANY – MBT

CURRENT PRICE = PhP 91.05 (as of 083112)


P/E RATIO TEST:

2009 Earnings-per-share = PhP 3.0100
2010 Earnings-per-share = PhP 4.1100
2011 Earnings-per-share = PhP 5.0200
2012 1H Earnings-per-share = PhP 3.4000

Average earnings-per-share (based on the past 3 years and 2 quarters) = PhP 4.7350
Average price earnings ratio (based on the past 3 years and 2 quarters) = 19.23

Benjamin Graham recommends current price no more than 15 times average earnings over the past three years.
This issue failed Graham’s price-earnings ratio test.


PRICE-TO-BOOK RATIO TEST:

Total Equity = PhP 118,047,000,000
Outstanding Shares = 2,111,386,017
Book-Value per Share = PhP 55.91
Price-to-Book ratio (PB) = 1.63

Graham recommends that current price should not be more than 1.5 times the book value last reported.
This issue failed Graham’s price-to-book ratio test.


NET-WORKING-CAPITAL OR “RARE BARGAIN” TEST:

Current Asset = PhP 871,255,000,000
Total Liabilities = PhP 824,715,000,000
Net Working Capital = PhP 46,540,000,000
Current Asset to Total Liabilities ratio = 1.06

* By “net-working-capital”, Graham means current assets (such as cash, marketable securities, and inventories) minus total liabilities (including preferred stock and long-term debt).

Current asset is greater than the total liabilities.
Graham recommends issues with positive net-working-capital.
This issue passed Graham’s net-working-capital or “RARE BARGAIN” test.


GRAHAM’S “BLENDED MULTIPLIER” TEST:

P/E = 19.23
P/B = 1.63
P/E*P/B = 31.32

Graham suggests that the product of P/E and P/B should not exceed 22.5.
This issue failed Graham’s “blended multiplier” test.


LIMITATION OF THE ANALYSIS:

EPS calculation does not isolate “other income” and “extra-ordinary income”.

Analysis does not include earnings stability, dividend records, earnings growth and futures earnings (or forward P/E ratio).

Analysis does not include banking industry’s key performance indicators such as: Return on Average Equity, Return on Average Assets, Capital Adequacy Ratio, Non Performing Loan Ratio, etc..

For future plans and prospects, read below reference.


REFERENCE:
http://www.pse.com.ph/resource/corpt/201...un2012.pdf
http://www.pse.com.ph/resource/corpt/201...ec2011.pdf

If You're So Smart, Why Aren't You Rich? - BATMAN The Animated Series: Season 1, Episode 41
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#47
good opening

COL has a buy reco
Trading stocks is never a sure thing. Please do your own homework before pressing the button.

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#48
Up ko lang. Either MaBuTi or MaBiTay today.. nut
sa mga trip, could be a good chance to buy. caveat..

good morning sa lahat.. Big Grin
-bahalag gagmay basta kanunay (kahit kunti basta lagi)

non-stock related blog
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#49
i think the reason why this was sold down today is that big fundies are cashing out their gains to reinvest it to GTCAP to be entitled of cashdivs.

im betting this will come down below 90, and then i will add some more :p
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#50




share ko lang.. Big Grin

kasi naloloka na ako nut kakaisip kung bakit kinakawawa na best naman daw sila.. hehehhee.. profit taking ang big fundies? hmmm..

We're in good hands, because they only just begun! Naks! bananadancing man
-bahalag gagmay basta kanunay (kahit kunti basta lagi)

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