Successes and Failures are Parts of Trading. They are Not Permanent.

image host
Manila Water Company, Inc.
I'm trying.... Got Bel at 2.2, discarded during consolidation phase. Got PX at 4.xx discarded when it made a sudden u-turn after breaching 6. Bottom picked CNPF at around 15.xx sold when it showed signs of weakness. Got EDC 5.4x sold again when it showed signs of weakness. Atbp.... Tama ang entries kaya lang sold too soon...

I'll try this time. Hopefully magbunga yung mga hawak ko.... But its not a buy and hope strategy, will cut if support gets broken... Confused

Reply
 photo TheDailyHINT01_zpsae8386eb.png
(03-04-2016, 08:29 PM)zoktok Wrote: I'm trying.... Got Bel at 2.2, discarded during consolidation phase. Got PX at 4.xx discarded when it made a sudden u-turn after breaching 6. Bottom picked CNPF at around 15.xx sold when it showed signs of weakness. Got EDC 5.4x sold again when it showed signs of weakness. Atbp.... Tama ang entries kaya lang sold too soon...

I'll try this time. Hopefully magbunga yung mga hawak ko.... But its not a buy and hope strategy, will cut if support gets broken... Confused

Get a notebook and write all this stuff on why you bought the stock. If they are not there anymore, then that's the time to sell. This would prevent you from selling too soon or during temporary downturns.

You're mistake is as common as air. Anybody who is into stocks did that in some part of their trading life.Do not despair - - - learn from your mistakes. The silver lining here is that you now know what you did wrong. You knew yourself a little better, and for me that's priceless!


P.s.

I'm a value investor nga pala who's strategies pan out in years and not in days or weeks. I'm into Fundamental Analysis rather than a Technical Analysis.
The World is a Vampire . . .
Reply
Manila Water earnings jump 6% in Jan.-Sept.

Posted on November 10, 2016

MANILA WATER Company, Inc. on Wednesday reported its net income increased by 6% to P4.87 billion during the first nine months of the year, driven by higher revenues.

In a regulatory filing, the Ayala-led company said nine-month revenues went up 5% to P13.34 billion, from P12.69 billion a year ago.

Manila Water saw a 4% increase in total billed volume to 538.2 million cubic meter (mcm) as of end-September from 515.4 mcm in the same period a year ago, reflecting positive growth across its coverage areas.

The company provides water services exclusively to the east zone of the Metropolitan Waterworks and Sewerage System (MWSS). The east zone covers 1,400-square kilometers in Metro Manila including Makati, Mandaluyong, parts of Manila, Marikina, Pasig, Pateros, parts of Quezon City, San Juan, Taguig, and 14 towns of Rizal province. It also has connections in Boracay, Cebu, Clark, and Laguna.

For the January to September period, billed volume for the East Zone grew by 4% to 360.3 mcm, while Laguna Water went up 12% to 30.3 mcm and Clark Water rose 4% to 10.1 mcm.

Billed volume for Cebu Water grew 43% to 8.3 mcm, while Boracay Water rose 13% to 3.7 mcm.

Meanwhile, billed volume at Manila Water’s offshore ventures Thu Duc Water and Kenh Dong Water only gained 1% and 3% respectively during the nine-month period. The Ayala-led utility has minority stakes in the two Vietnamese water firms.

Shares in Manila Water fell 0.79% to close at P31.25 apiece on Wednesday. -- Elijah Joseph C. Tubayan
Reply
Manila Water to expand in Myanmar, Indonesia

MANILA WATER Company, Inc. is finalizing proposals for projects in Yangon, Myanmar and Bandung, Indonesia, as part of its strategy to meet an ambitious profit target by 2020, company officials said on Monday.

Virgilio C. Rivera, Jr., Manila Water chief operating officer for new business operations, said the Ayala-led company will propose a scaled-up version of its just completed nonrevenue water reduction pilot project in Yangon, while at the same time looking at similar projects in second-tier cities in Indonesia.

“We intend to submit a scaled-up version,” Mr. Rivera said in a press conference after the company’s annual stockholders meeting at Fairmont Makati.

Earlier this month, Manila Water said it had completed a pilot project in Yangon that significantly reduced water system loss in the area to 14% from 54%.

Mr. Rivera said he was hopeful of getting feedback from Yangon City Development Committee (YCDC) “in the next few months.”

“The challenge is the readiness of YCDC to embrace PPP (public-private partnership) in a scale that is as large as Metro Manila,” he said.

Mr. Rivera described the Yangon area to be as big as Metro Manila’s east zone, the company’s concession area, and as densely populated but decades behind in water development.

“The distribution system is very old and losing a lot of water,” he said. “It would be great if the framework will be as comprehensive as a concession framework -- let’s say half or a significant area of the city -- because you generate a lot of scale.”

INDONESIAN EXPANSION
In Indonesia, Mr. Rivera said Manila Water was looking at second-tier cities led by “dynamic” local executives. In Bandung, the company completed a pilot project similar to the one in Yangon.

The water concessionaire’s bid to expand is in line with its goal to double 2015 profit to more than P11 billion by 2020. Net income reached P6.07 billion in 2016, up 2% from P5.96 billion in 2015.

Ferdinand M. Dela Cruz, newly appointed Manila Water president and chief executive officer, said half of the income target would come from non-east zone businesses.

“So it’s important that the east zone business, or the east Manila concession, stays stable throughout the period,” he said.

“The growth will come from new businesses, which should be predominantly in various areas -- Philippine ventures and Asia Pacific. Bulk of that 50% will come from additional concessions in many more places,” said Mr. Dela Cruz.

About 10% of the target profit is expected to come from new products and services.

“We have a very robust pipeline through 2020, some in early stages, some in more advanced stages. It’s now up to us to execute against that pipeline,” the Manila Water CEO said, adding that regulatory and market forces would come into play.

Luis Juan B. Oreta, Manila Water chief finance officer, said expansion in the Philippines is on track, with the company already well-positioned in its concession areas in Laguna, Clark, Cebu, Zamboanga and Tagum.

“We look at those operations as jump off points for expansion,” he said.

In the east zone, Mr. Oreta noted the company still has room to expand east of its franchise.

“We still have to extend the network to all of Rizal province, which we estimate to account for another one million or so people. So there is growth within the Manila concession,” he said.

Mr. Oreta said Manila Water is “very well-funded” this year to meet its “very ambitious” capital expenditure plan, but declined to give a figure. He noted the company will spend “a lot more” than the P8.7-billion capex last year.

On Monday, the company also promoted Geodino V. Carpio to chief operating officer for Manila Water operations, the position vacated by Mr. Dela Cruz.

Mr. Dela Cruz replaced Gerardo C. Ablaza, Jr., who remains a member of the board and the executive committee.


source http://www.bworldonline.com/content.php?...&id=143865
Facebook Link to our 2017 SMP Charity Pictures https://www.facebook.com/SMPBack2School2017/
Thanks To ALL Donors, Bawiin Naman Natin sa Profits
Reply
Manila Water income drops 2% in Jan.-March

MANILA WATER Co. registered a 2% decrease in first-quarter net income to P1.45 billion from P1.48 billion in the same period last year, the Ayala-led company told the stock exchange on Monday.
The lower income came despite the water concessionaire posting a 3% increase in revenues to P4.356 billion from P4.21 billion previously. Cost of sales and operating expenses increased by 8% to P1.49 billion from P1.38 billion during the quarter.

During the January to March period, the company’s equity share in the net income of its associates also dropped by 2% to P87 million from P88 million a year ago. Other income also slipped by 66% to P4 million from P11 million.

For its service coverage area, Manila Water reported a total billed volume of 177.2 million cubic meters (mcm), higher by 3% compared with the previous year’s 172 mcm.

Billed water in Metro Manila’s east zone hit 115.9 mcm, up 1% from 115.1 mcm a year ago. In the provinces, Manila Water recorded the biggest growth rate at 41% in its Clark operations to 3.5 mcm from 3.3 mcm previously.

Laguna followed with an 22% growth to 11.1 mcm from 9.1 mcm. In Boracay, the company recorded a 6% growth to 1.3 mcm from 1.2 mcm.

Manila Water maintained the growth in its service connections at 3% to reach 937,589 in the first three months. Growth was highest in Laguna at 14% to 118,513 from 104,109 previously.


source: http://www.bworldonline.com/content.php?...&id=144878
Facebook Link to our 2017 SMP Charity Pictures https://www.facebook.com/SMPBack2School2017/
Thanks To ALL Donors, Bawiin Naman Natin sa Profits
Reply

Manila Water inks 25-year concession for Bulacan municipality

MANILA WATER Co., Inc. on Thursday said its joint venture company had signed a 25-year concession agreement with Obando’s water district to develop the water supply system of the Bulacan municipality.

The Ayala-led company told the stock exchange that the agreement between Obando Water Co., Inc. and the Obando Water District covers the design, construction, rehabilitation, operation, maintenance, financing, expansion and management of water facilities in the municipality.

The deal also covers the provision of water and sanitation service in the area.

Obando Water is a joint venture between Obando Water Consortium Holdings Corp. and the town’s water district. The holding firm holds 90% of the joint venture while Obando Water District owns the remaining 10% of the capital stock.

The holding firm is a consortium of Manila Water and its wholly owned subsidiary Manila Water Philippine Ventures, Inc. Their ownership stake is 49% and 51%, respectively.

Manila Water previously said the Obando project is line with its aim of bringing its expertise in water and used water services outside of its Manila concession.

To achieve this goal, Manila Water partners with private companies, local government units and water districts in big cities in the Philippines and Asian countries.

Manila Water provides water and wastewater services to Metro Manila’s east zone concession area covering the cities of Makati, Mandaluyong, Pasig, Pateros, San Juan, Taguig and Marikina. It is also in charge for the southeastern parts of Quezon City and Sta. Ana and San Andres in Manila.


source: http://bworldonline.com/manila-water-ink...icipality/
Facebook Link to our 2017 SMP Charity Pictures https://www.facebook.com/SMPBack2School2017/
Thanks To ALL Donors, Bawiin Naman Natin sa Profits
Reply
...laki ng expenses

Higher expenses weigh on Manila Water Q3

MANILA WATER Co., Inc. posted flat earnings in the first nine months of the year, as expenses rose at a faster pace than revenues.

In a disclosure to the stock exchange on Wednesday, the Ayala-led water utility said its net income inched up to P4.89 billion from January to September this year compared to P4.87 billion a year ago.

Weighing on profitability was the 11% growth in cost of sales and operating expenses to P4.9 billion from P4.41 billion.

Revenues of Metro Manila’s West Zone water concessionaire climbed 3% year on year to P13.79 billion in the nine-month period from P13.35 billion.

The growth during the period was fueled by a 3% increase in consolidated billed volume to 554.4 million cubic meters (mcm) from 539.8 mcm, driven by the 2% uptick in the Manila concession to 366.6 mcm.

Thu Duc Water B.O.O. Corp. in Vietnam and Kenh Dong Water registered flat billed volumes at 82.6 mcm and 42.9 mcm, respectively.


source: http://bworldonline.com/higher-expenses-...-water-q3/
Facebook Link to our 2017 SMP Charity Pictures https://www.facebook.com/SMPBack2School2017/
Thanks To ALL Donors, Bawiin Naman Natin sa Profits
Reply
..invest lang

Manila Water sets P1.4 B upgrade of Balara plant

MANILA, Philippines — Ayala-led and east zone concessionaire Manila Water Co. Inc. is allocating P1.4 billion for the improvement of its Balara treatment facilities to ensure stable and reliable water supply in the area.

The budget will cover a series of projects for the water treatment and distribution structures in Balara in Quezon City.

The planned retrofitting aims to ensure continuous operation in the event of a possible 7.2 magnitude earthquake from the West Valley fault.

It also targets to recover 20 million liters per day of water loss and make operation more sustainable.

“The Balara treatment facilities are some of the oldest in Asia and we will continue to extend its serviceability,” said Maidy Lynn Quinto, Manila Water corporate project management director.

Manila Water will also improve its auxiliary structures including the Balara pump station where new variable frequency drives are being installed to ensure stable water pressure for pipes conveying water to Katipunan and Tandang Sora in Quezon City.

Minimizing pressure surges will also reduce incidents of pipe breakages leading to service interruption.


source: http://www.philstar.com/business/2017/11...lara-plant
Facebook Link to our 2017 SMP Charity Pictures https://www.facebook.com/SMPBack2School2017/
Thanks To ALL Donors, Bawiin Naman Natin sa Profits
Reply
...patuloy ang investment

Maynilad builds new P6.75-B Putatan plant

West Zone concessionaire Maynilad Water Services Inc. is building a P6.75-billion new water treatment plant in Muntinlupa aimed at enhancing water supply reliability in the southern part of Metro Manila.

The Putatan water treatment plant 2, located near the existing facility in Muntinlupa, will provide an additional 150 million liters per day (MLD) of potable water.

The facility will enhance supply reliability for approximately 1.2 million Maynilad customers in Muntinlupa, Las Piñas and Cavite. It is expected to be completed in May 2018.

This is the first water treatment facility that taps into Laguna Lake as an alternative to the Angat Dam and is the largest membrane-based water treatment plant in the Philippines.

It is also the first of its kind in the country to use large-scale microfiltration and reverse osmosis.

Maynilad chief operating officer Randolph Estrellado said climate change conditions have made the quality of raw water from Laguna Lake more variable, forcing Maynilad to reduce water output.

“With the enhanced treatment capacity of this new facility, we can keep our production stable and ensure 24-hour water supply at a stronger pressure of 16 psi (pounds per square inch) for our customers in the south,” he said.

The new plant will feature additional oxidation tanks on its biological activated filtration and dissolved air flotation systems to address manganese presence in the raw water from Laguna Lake.

Its reverse osmosis process also has high salt rejection capacity to eliminate total dissolved solids and other impurities in the lake water.

The water company’s budget for Putatan 2 is part of its P42-billion capital expenditure plan for 2013 up to this year which targets to improve water infrastructure and address water security challenges.

“As the population grows and the need for water supply becomes more urgent, we continue to pursue projects that will ensure long-term water security for our customers. Through this, we can enhance service levels for existing customers and also sustain expansion goals,” Maynilad president Ramoncito Fernandez said.

Upon completion of Putatan 2, Maynilad will have four water treatment plants with a combined production capacity of about 2,700 MLD for its over nine million customers in the West Zone.

The company is owned and managed by Maynilad Water Holdings Co. Inc., a joint venture between Metro Pacific Investments Corp., DMCI Holdings and Marubeni Corp.


source: http://www.philstar.com/business/2017/11...atan-plant
Facebook Link to our 2017 SMP Charity Pictures https://www.facebook.com/SMPBack2School2017/
Thanks To ALL Donors, Bawiin Naman Natin sa Profits
Reply
..ok naman 'tong stock na 'to actually in fairness Smile

Manila Water bags Leyte project

MANILA WATER Company, Inc. on Thursday said it has bagged a project to build and manage the water supply and sanitation facilities in Leyte.

In a disclosure to the stock exchange, Manila Water said it received the notice of award from Leyte Metropolitan Water District (LMWD) for the joint venture project for construction, rehabilitation, maintenance, operation and management of water supply and sanitation facilities in the latter’s service area.

“Manila Water’s proposal includes the following: development of interim and long term sources, expansion of distribution network, reduction of nonrevenue water and development of sanitation services,” the Ayala-led company said.

Manila Water said the notice included a condition for the creation of a special purpose vehicle (SPV) to implement the project under a joint venture with LMWD.

“Upon completion of the conditions precedent specified in the Notice, the SPV and the LMWD shall enter into a joint venture agreement that will grant the SPV, as contractor to perform certain functions and as agent for the exercise of, the sole and exclusive right to manage, operate, maintain, repair, refurbish and improve, expand and as appropriate, decommission, the facilities of LMWD in its Service Area,” it said.

LMWD’s service area includes Tacloban City and seven municipalities namely, Palo, Tanauan, Dagami, Tolosa, Pastrana, Tabontabon, and Santa Fe, with an estimated population of 483,000.

LMWD said in 2016 it had over 31,000 water service connections with a billed volume of 27 million liters a day.

In October, Manila Water said its joint venture with Obando Water District signed a 25-year concession agreement to develop the water supply system of Obando, Bulacan.

Manila Water previously said the Obando project is line with its aim of bringing its expertise in water and used water services outside of its Manila concession.

For the first nine months of 2017, Manila Water’s net income attributable to the parent was flat at P4.89 billion.

Operating revenues went up 3% to P13.78 billion during the January to September period, driven by the billed volume growth of the Manila concession and the expansion of its local subsidiaries. However, operating costs and expenses grew 11% to P4.9 billion due to the increase in both volume and price of water.

Manila Water provides water and wastewater services to Metro Manila’s east zone concession area covering the cities of Makati, Mandaluyong, Pasig, Pateros, San Juan, Taguig and Marikina. It is also in charge for the southeastern parts of Quezon City and Sta. Ana and San Andres in Manila.


source: http://bworldonline.com/manila-water-bag...e-project/
Facebook Link to our 2017 SMP Charity Pictures https://www.facebook.com/SMPBack2School2017/
Thanks To ALL Donors, Bawiin Naman Natin sa Profits
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)
image host