Thursday, February 15, 2007

analysis of chief's portfolio :)

im really happy right now :) not because it was valentines day yesterday but because the market has been really upbeat right now and it is helping in giving better returns in my portfolio or in other words i am just riding the big wave ala tsunami! hehehe it will be really interesting next few trading days in our stock exchange :) just remember when youre a short term investor cut your losses okay? so anyway looking back at my portfolio there are the stocks that are in it right now. ill be enumerating them chronologically. universal robina(urc), ayala land(ali), ivantage corporation(v), jollibee foods corporation(jfc), unionbank(ubp), alaska milk corporation(amc) but this is the only stock that i sold in my portfolio for i realized that its potential for growth is not that good and i bought it in a not so cheap price. Metropolitan bank and trust(mbt), sm development corporation(smdc), sm prime holdings(smph), far eastern university(feu), cebu holdings incorporated(chi), megaworld corporation(meg), bank of the philippine islands(bpi), solid group incorporated(sgi), equitable pci bank(epci), anscor(ans), asiatrust incorporated(asia), edsa philippines incorporated(ephi) and the only stock that i have bought this year keppel philippines marine incorporated(kpm). what i do is that i usually buy a stock and add to my position if the price will reach a level where there is very little downside and which in short it is very attractive and it is at this time that buying and holding will give you excellent returns :) i started building my value portfolio when i bought urc shares on june 24, 2004 and since then i have just addded other stocks and i am hoping that most of them will give me excellent returns. as warren buffett said "when holding a great stock time is your friend but when holding a bad stock time is your worst enemy"i hope you guys will take a lot at kpm for it is a very good company. and of course there is my beloved urc sure it took some blows but it it still standing. as they say you can never put a good man down. :) enjoy everybody! god bless

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