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Rockwell Land Corp.
#31
(05-11-2012, 03:08 PM)goldcambist Wrote: Slowly buying below 5 Smile

aga mo mag ipon ha. Smile alam mo BV nila? Big Grin
buy high, sell higher!

stock market abbreviations (for newbies)
http://www.stockmarketpilipinas.com/post...g#pid11738

"when it comes to trading, i'm just barely smart enough to realize that i'm a total idiot. i might be considered stupid, but on the intelligence scale, it puts me comfortably ahead of all the dumber people who thinks they're better than me."


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#32
(05-12-2012, 10:15 PM)glenchuy Wrote:
(05-11-2012, 03:08 PM)goldcambist Wrote: Slowly buying below 5 Smile

aga mo mag ipon ha. Smile alam mo BV nila? Big Grin

actually many bought ahead of me... even at the 6+ & 7+ levels Smile

looking at the transactions of the day, Regina has the highest average buying price.

i'm just joining-in on the fun just in case this is eventually pushed for the must-be-done IPO which is a requirement for this listing by way of introduction.

and it's only on the first day that the limitations were removed.

as for BV they can always inject assets winking

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

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#33
Rockwell Land allots P8B for new projects
By Zinnia B. Dela Peña, The Philippine Star

MANILA, Philippines - Upscale property firm Rockwell Land Corp. is allotting P8 billion for its capital expenditure program this year to include its venture into townhouse development and serviced apartments.

In an interview yesterday, Rockwell Land vice-president Ellen V. Almodiel said the company is expanding at an accelerating pace to capitalize on a resurgent property market and an improving economy.

Almodiel said this year’s capital budget is 15 percent higher than what the company spent in 2011.

She said the company aims to differentiate itself in the property market by expanding its product range, customer base and geographical reach.

To diversify its revenue sources, the company decided to enter into horizontal development with its first townhouse project, 205 Santolan.

Situated on a 1.8-hectare property located near the Santolan-Ortigas Avenue intersection, the low density project will make available a total of 105 units. It broke ground in February 2012 and is targered for turnover to the buyers by June next year.

http://www.abs-cbnnews.com/business/05/1...w-projects
Trading stocks is never a sure thing. Please do your own homework before pressing the button.

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#34
supposed to send this thru pm pero puno na inbox mo, so i'll just post it here with a few edits.

i worked there for a few good years of my life. current pipline is palmolive property, lopez tower, current projects are the townhouse project and edades, if they got noah's ark, (now aqua by CPG) it would have been pretty sweet.

i just think that 7php is a pretty steep price to pay for it. Stocks do trade higher (and lower) than their BV all the time. But what do I know? I'm not a fundamentalist. Big Grin
buy high, sell higher!

stock market abbreviations (for newbies)
http://www.stockmarketpilipinas.com/post...g#pid11738

"when it comes to trading, i'm just barely smart enough to realize that i'm a total idiot. i might be considered stupid, but on the intelligence scale, it puts me comfortably ahead of all the dumber people who thinks they're better than me."


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#35
(05-13-2012, 10:31 AM)glenchuy Wrote: supposed to send this thru pm pero puno na inbox mo, so i'll just post it here with a few edits.

i worked there for a few good years of my life. current pipline is palmolive property, lopez tower, current projects are the townhouse project and edades, if they got noah's ark, (now aqua by CPG) it would have been pretty sweet.

i just think that 7php is a pretty steep price to pay for it. Stocks do trade higher (and lower) than their BV all the time. But what do I know? I'm not a fundamentalist. Big Grin

yup i agree. many stocks are way above or way below their BV. some have remained always way above BV and some have always remained way below BV.

in short, many do not consider plain BV to be the "holy grail" of stock pricing. and we cannot simply think that BV = the stock price, if we did, then the stock prices would not move at all on a per minute basis Idea

I think the BV of PXP is Php1.00 and PX is Php4.90? Is the BV of CPG only at .0002? GLO's BV is in the Php352+ levels? JFC BV 19?

and also, P/E... there are stocks that have negative P/E (like EDC) or stocks that have P/E's in the thousands (many mining stocks). and there are "undervalued" stocks that have low P/E's and low BV but still do not move like TRANS-ASIA.

one thing i can say, what the stock price is today is what people believe the stock price is to be. it is the law of supply and demand (capitalist) that really works here.

there was a flash-mob in Rockwell yesterday on the restaurant level (R1)... even the guards were dancing haha.

by the way, thank you for reminding me about my inbox. i remember deleting everything... but i failed to noticed a "trash box". and so i deleted everything there too.

cheers sir!

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

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#36
PXP was also spinned-off from Philex, another MVP company similar to Meralco which spinned-off Rock.

What's the price of PXP now? 24.85 up 728% from its opening price of 3 less than a year ago.

Perhaps, there is a similar opportunity in Rock.

Remember, MVP retained an interest in PXP, as well as in Rock. RSA through SMC
also has an interest in Rock.

And they cannot sell now to cash in on the market since they have binding lockup
agreements for 180 days from May 11, 2012.

If they wish to sell then the price needs to be very high by the time the
lockup period expires.

And if they do not wish to sell then they see a big potential in Rock, which
again validates investing in it.

Just my 2 centavos worth.
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#37
(05-13-2012, 07:39 PM)Radavel Wrote: PXP was also spinned-off from Philex, another MVP company similar to Meralco which spinned-off Rock.

What's the price of PXP now? 24.85 up 728% from its opening price of 3 less than a year ago.

Perhaps, there is a similar opportunity in Rock.

Remember, MVP retained an interest in PXP, as well as in Rock. RSA through SMC also has an interest in Rock.

And they cannot sell now to cash in on the market since they have binding lockup agreements for 180 days from May 11, 2012.

If they wish to sell then the price needs to be very high by the time the
lockup period expires.

And if they do not wish to sell then they see a big potential in Rock, which again validates investing in it.

Just my 2 centavos worth.

nice post sir Radavel, since this is your first post, may i please invite you to post your second and third posts in the introduction page found here http://www.stockmarketpilipinas.com/thre...ge-43.html and here http://www.stockmarketpilipinas.com/thre...ge-51.html.

going back on topic, PX yata yun, hindi PXP Big Grin, when you're using a fundamentalist's POV (PEG, BV, PER, etal) in judging whether or not it is fair to buy a stock at it's current price, it is usually prudent to compare it with other stocks in the same industry.

mining and oil is the most difficult to gauge because they're all guestimates and projections and can really be subject to a lot of hocus pocus magics, , hence the wild and varying PE/BV ratios, but, they do usually offer the best growth potential once they, uh... "strike goil/oil" Big Grin

banking and property are somewhat similar in a sense that their PERs are somewhat near each other. a little premium is given to those they perceive as something - "too big to fail?" - e.g. ALI. banking is relatively equal, although i must admit, i have no idea why it took RCB so long to go back to the 40s level where it really should have belonged.

the lockup period is so long, that if the price went down and "if" MVP want to sell at the top, all he has to do is prop up the price then. why prop it up now when there's no clear benefit for him?

i'm not talking about a "do not buy" reco, or something to that extent - because the company is bad or because i do not see any growth potential. what i'm saying is that the stock is one day old. given the absence of anything for TA to use on (except the 5 minute chart), beginners might want to stay away from this unless it's for sugal purposes.

but if you're a fundamentalist and you see that it's undervalued, then by all means, buy buy buy!
buy high, sell higher!

stock market abbreviations (for newbies)
http://www.stockmarketpilipinas.com/post...g#pid11738

"when it comes to trading, i'm just barely smart enough to realize that i'm a total idiot. i might be considered stupid, but on the intelligence scale, it puts me comfortably ahead of all the dumber people who thinks they're better than me."


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#38
posted na sir doon sa link thread.

while granted the businesses of PXP and Rock are different,
the corporate change they underwent (i.e. spin-off) is the same
hence the same opportunity to obtain a bargain is there.

and yes, i did my homework and compared Rock with other companies
in the same industry and by my estimate, my entry point is
within the acceptable margin of safety.

on a different matter, i believe the stock went down to 4.90 is because the Phisix went down as well in the afternoon of Friday. you might observe that Rock mirrored the upward trend of the Phisix earlier
that morning.
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#39
also, the market may not be pricing in projects still in the pipeline.

Please see their project portfolio: http://www.e-rockwell.com/project_portfolio
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#40
@radavel, very interesting notes about the 180-day lock-in period. no wonder the traded value was only 44m. this seems quite easy to push to P10.00 (as it was quite easy to push to P7.71 highs of the day). thank you for your positive views on this 1-day old stock.

and it is good to know that ROCK caters to the high-end market who will have no problem buying or paying for ROCK's projects.

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

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