MARKET HEADLINE: SHORT SELLING BY OCTOBER

Alliance Select Foods Int'l Inc.
#11
Payout received

UNITED STATES-BASED salmon firm Spence & Co., Ltd. paid $600,000 in dividends to its new parent company Alliance Select Foods International, Inc. according to filings with the local bourse. This was after Alliance Select acquired Spence for $8.5 million in August. In a phone interview yesterday, Rajat Balain, Alliance corporate information officer, said the money would be invested in the firm’s operations. “What we are looking into is expanding the sales of Spence & Co by introducing new products and therefore hiring more sales people,” Mr. Balain said.

http://www.bworldonline.com/content.php?...s&id=39164

the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#12
Kailan kaya exdate declaration ng 15.78% stocks Dividend nito?

http://www.pse.com.ph/html/disclosure/pd...7_FOOD.pdf

Big Grin
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#13
Alliance Select starts salmon shipments
Tuesday, 04 October 2011 19:13 Miguel R. Camus / Reporter
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Listed Alliance Select Foods International Inc. said its joint-venture salmon- processing facility in General Santos, Mindanao, has started shipping to customers.

In a filing to the Philippine Stock Exchange on Tuesday, Alliance Select said the first shipment by subsidiary Big Glory Bay Salmon and Seafood Co. was an order for cold smoked-salmon slices to a retailer in Hong Kong. It separately received orders to ship products to a Japanese importer and a supermarket chain in Singapore.

“We expect orders to pick up significantly in the next few months as the firm’s marketing outreach program gains momentum and contributes significantly to Alliance’s growth and profitability,” the company said in its disclosure.

Big Glory Bay, which operates the salmon-processing facility, is a joint-venture between Alliance Select and Prime Foods NZ Ltd., said to be the second-largest smoked salmon processor in New Zealand.

Alliance Select also acquired 100 percent of Spence and Co., a US-based smoked- salmon processer, in August for $8.5 million.

Alliance Select President Jonathan Dee said in July that 2011 net income is forecast to grow almost two times to $3.2 million. Revenues this year are seen to hit $78 million, from $48.35 million in 2010.

Shares of the company closed flat at P0.98 each on Tuesday.
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#14
October 10, 2011 | Manila, Philippines
Stock Pick

Alliance Select Foods International, Inc. (FOOD)

Recommendation: Buy

EAGLE Securities, Inc. has placed a “buy” tag on Alliance Select Foods International, Inc. , given the stock’s cheap valuation and the company’s rosy growth prospects.

“Despite Alliance Select’s good fundamentals, the stock is currently underappreciated by the market,” the brokerage firm’s president Joseph Y. Roxas noted, saying the market values the stock at around P1 apiece when its price-to-book value is at around P1.30 per share.

Alliance Select shares added P0.01 to close at P1.06 apiece last Friday. Mr. Roxas placed the stock’s short-term support at P0.98 and short-term resistance at P1.15. Stock exchange data pegged its price-to-earnings ratio at 8.15 times.

The canned tuna manufacturer recently reported its subsidiary, Big Glory Bay Salmon and Seafood Co., has started exporting smoked salmon products.

“With its smoked salmon products, Alliance Select’s profit margin would improve significantly,” Mr. Roxas said. — Judy Dannibelle T. Chua Co

http://www.bworldonline.com/Research/sto...p?id=0839a
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#15
ung mga may trip.. TP 1.3-1.4.
bntyan nio ito
Trading stocks using technical analysis can be profitable if you understand the secrets that professional traders know.
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#16
[Image: FOOD-2011Oct.png]

In addition to what GI mentioned above.

breakout above the cloud na rin pala ito, it should fill the gap in my opinion at 1.44. new support levels should be at 1.14-1.18. caveat. Smile
"“You can’t cross a sea by merely staring into the water.” -Rabindranath Tagore
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#17
Nice chart aidz, jap is done drawing the chart now many traders will flock in for a nice techinal scenario.Esp with philequity(jap) buying would lure traders to the max. 14m+ unserved at closing


You do not require an invitation to make profits
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#18
GMMA also shows positive signals for FOOD, pero paper trade muna ako dito. Tingnan muna natin price action.

winking
"A man should look for what is, and not for what he thinks should be." - Albert Einstein
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#19
(10-21-2011, 02:18 AM)aidz Wrote: [Image: FOOD-2011Oct.png]

In addition to what GI mentioned above.

breakout above the cloud na rin pala ito, it should fill the gap in my opinion at 1.44. new support levels should be at 1.14-1.18. caveat. Smile

ei, nice to see another kumo trader! Big Grin

I have entered FOOD a day after the breakout, bought at cloud support @ 1.19, bumaba pa nga to 1.12 sayang di ako naka-scoop. Anyway, small position pa lang naman ako dito.

Philequity is managed by JAP?
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#20
(10-21-2011, 02:18 AM)aidz Wrote: [Image: FOOD-2011Oct.png]

In addition to what GI mentioned above.

breakout above the cloud na rin pala ito, it should fill the gap in my opinion at 1.44. new support levels should be at 1.14-1.18. caveat. Smile

Aidz ano yan? itshumoshi/itshumoku clouds ba yan??
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