a good business

A good business is a business with a “franchise” when i say that i mean a strong following and a solid product. One business with a very strong franchise is a school. :) just take this example from real life when you meet other people what are the few things that you would ask about him. “where did you graduate?” then he'll say ateneo and then you'll say me too! Whats your course? Who are your friends there? It just goes on.and on. :) we all have a certain attachment to our school because we spent a lot of time in our school, we meet our friends there, boyfriends, girlfriends,best friends and it is there that we discover new interests and fields or in other words whether we like it or not we will always be connected to our school for the rest of our lives. can you think of another business that has that kind of following? A school, i believe in its normal operations is a money making machine. :) you really dont need a lot of teachers to run a school. But you do need good teachers to be a reputable school. A school makes a profit from tuition and maybe from other services like research grants which is most of the time sponsored by individuals or companies due to its tax benefits. :) another advantage for a school. :) and when a school plans to put up a building or a new facility what does it do? Fund raising! And where do they usually get the bulk of the funds? From its alumni! :) i hope you get my point that im trying to drive at here. :) well its as if paying tuition is not enough you will still contribute and help your school even after you graduate because as ive said you will always have this attachment to your school. Or sometimes schools get funding from big companies or individuals. They do this to get tax incentives. :) a school is a very good business and with that buy shares thru the psei. :) i think there are three which is feu, ceu and ipo. :) i like ceu and feu. I would be willing to buy ceu at around the 5 range i think its expensive at its present price. Feu is beautiful from my recollection this is one of the few stocks that i bought that spyfrat didnt object. :) i got shares in the first few weeks of 2006 and as of the moment it has more than doubled in price. It was really undervalued when i got shares.:)it is now trading around the 780-850 range and it gives out dividends. :) study the schools in the psei :) you wont regret it. Feu i believe right now is undervalued now but i will not be surprised if its share price will just keep on going up. :) “when holding a great stock time is your best friend, but when holding a bad stock time is your worst enemy.”

as ive said the minimum upside of the market is 3,800 and it was reached last thursday and what do i get out of it? :) at least the market didnt make me look like a fool. Hehehehe :) but i believe that the market will continue its uptrend in the next few weeks. Up to what level it will go up? i couldnt answer that, lets just wait and see. :) as my friend said “dont mind the weather, know the climate.” :)

p.s. My friend rafael stayed home the other day because he had a flu and he did some research on the stock market while he was at home and by some stroke of luck he stumbled upon chiefstocks and he read my critique of him. :) he was a good sport and he took it well. :) but it really doesnt matter because out of 10 things about the stock market that we talk about i think we would only agree on two things! Hehehe so it wouldnt really make a difference anyway. :) im sure rafael would also see the valid points that i raised about him and as smart as he is im sure he would also recognize some of his mistakes and try to correct it. :) hes a smart guy and i know he took it well and then he is also very generous for he gave a considerable amount to my friend paul(he is recovering from a kidney transplant as of the moment and im doing a fund raising for him) and to think that they are both strangers to each other. :) thank you lord that there are still people like that. :) the main goal here is to learn from our mistakes and improve ourselves. I also continuously try to learn everyday from other people and hopefully my blog helps others also. :) value investing makes sure you take advantage of the market whenever it is irrational and not participate in it. :) fly high psei! Good luck and god bless to everyone. :)