bargains and hurting

Its a lazy sunday afternoon after playing a ballgame where our opponent won the game against us by 20points tsktsktsk and here i am relaxing my aching muscles and beaten up ego because i had a bad game and we will have our knock game against the same team this coming tuesday but the catch here is that we also have a semifinal game in another basketball club this coming tuesday also at the same time. Phew..... how am i to go about this??? im reading this book right now “the winning investment habits of warren buffett and george soros” by mark tier and its really good. :) i am enjoying reading it. :) im a bit disappointed with the performance of the stock market lately and it would seem to me that mr. Market is upset about something lately. Which i believe is the subprime crisis in the us. But its okay i still believe that the market is undervalued by my count and ive been trying to accumulate some shares of a few companies. I will tell you more about it next time and this is a good time to accumulate shares of companies because mr. Market is being generous right now better take advantage of it. :) there are good finds in the market and do your research well and you will surely find them. :) ive been very busy lately... phew! Been busy with work and especially that a group of friends and i decided to franchise a fastfood restaurant somewhere in luzon and another group of friends and i just opened a printing business. :) phew! Ive been very busy lately indeed. :) and also i have discovered lately that besides work and the stock market or investing as my passion you can also add to it photography and its one hobby that i want to develop and learn more. :) and i have been bothered about something that happened to me a few weeks ago and i hope you guys wont mind me talking about it here. The first weekend of the month i was out with my friends and the group included my best friend and a close relative. And the story goes like this we had fun drinks, laughs and all but i went ahead because i really dont like to stay out that late when i go out and according to sources they disappeared at around 4 in the morning when a friend had too much to drink and was throwing up and all of a sudden my guy best friend(who has a wife with two kids and a mistress and a number of girls that i couldnt even keep count and by the way he was also making out with some girl he just met before he was with my cousin) and that relative of mine was nowhere to be found and when friends were calling her she wasnt answering the phone which made me very worried and at the same time suspicious. The only viable place where they could go was a hotel nearby and the sad part was that they forgot that some of the personnel there used to work for our hotel also before and some of those personnel were able to identify my cousin and i couldve let go of the situation but what really pissed my off was that they both denied it and continued to lie to me(which is a clear sign of guilt and it also shows that what they did was wrong) and with that i decided to call some of my contacts and get professional help and they were able to get hold of some very important information like the credit card receipt and the hotel registration card which sad to say the guy has just no respect for me even used my name(his best friend) in the form and also i got a copy of the video where it shows my relative returning the key to the said room in the registration form which to me if you bring it to court is really hard evidence and you could even say that you could convict them “guilty beyond reasonable doubt.” and the very upsetting thing was that he doesnt know i was able to get a transcript of his calls and text messages and he is even “coaching” my relative to lie but the sad part is that i know the whole story and all the lies that he will throw to me wont just do any good and makes me hate him even more. That really hurts me because i have been a good friend for such a long time and i know i might not be perfect and we may have had our arguments from time to time but i always helped him out during his time of need be it with his wife, mistress and even up to the point of covering up for him(sad to say the wife is my “kumare”) but he is still my best friend and made that choice to help him out and he knows that im really close to my relative and even treat her like a sister. When it comes to playing around my relative was suppose to be out of the question already(which i believe he knows and could be proven with him lying to me a sure sign that he knows that he did something wrong). I dont know if i really have reason to be upset or is this something that i should just let go. But i was really hurt with what they did but i believe that the blame falls more on my best friend. Ive made ways for him to know that im upset and that i know what happened and im not just fishing around for information. If you really come to think about it i have the hard evidence to show his wife(who i believe is also unhappy) which surely would end their marriage and to his mistress who i know suspects that he has other women also other than her and his wife. I can also show it to his family that sad to say he was able to manipulate for how many years already. I have been a good friend but why the betrayal?? what have i done wrong to him that he did that to me? For the meantime i will just wait and see and do nothing just like in investing. Wishing you guys a good trading week and i hope to hear from you. Im really trying my best to forgive them and maybe i have already i just dont know. Time will tell i guess. Im just praying to the dear lord that i will forgive them but i was really hurt with the betrayal. Phew! What a month so far? God bless everyone. :) carpe diem!

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. :)