San Miguel (SMC) set to win $14.5 bln airport project - from Yahoo

* No bids submitted to rival San Miguel's unsolicited offer

* New airport is Philippines' largest transport infrastructure project

* Construction to start late 2019 - transport official (Adds company comments, transport official's quotes, details, and background)

By Neil Jerome Morales

MANILA, July 31 (Reuters) - Philippine conglomerate San Miguel Corp is set to win a contract to build and operate an airport project worth 735.6 billion pesos ($14.47 billion), aimed at decongesting Manila's ageing facility, a government official said on Wednesday.

The new international airport, the country's largest transportation project to date, will support Philippine President Rodrigo Duterte's ambitious $180 billion infrastructure modernisation programme that includes roads, bridges, ports, and the country's first subway.

San Miguel's unsolicited bid went unchallenged following a two-month period for companies to buy and submit Swiss challenge documents, Giovanni Lopez, chairman of the transport ministry's bids and awards committee, told reporters.

"It is our single biggest investment in our country," San Miguel President and Chief Operating Officer Ramon Ang said in a statement. "The airport will be built at no cost to government, and with no subsidies or guarantees," he added.

The Philippine conglomerate has proposed building and operating an international airport in Bulacan province, north of the country's capital. The airport will be designed to cater to 100 million passengers annually, compared with the 31-million-passenger capacity of the existing main gateway.

Flight delays are typical across Philippine domestic airports, mostly due to backlogs at Manila's Ninoy Aquino International Airport, which was rated among the world's worst airports.

The transportation department expects San Miguel to start construction late this year, Lopez said. It will feature four runways, aviation-related facilities and equipment and an eight-kilometre airport toll road.

The government will formally hand over the 50-year airport concession to San Miguel after the conglomerate completes post-Swiss challenge documentation and other requirements, Lopez added.

San Miguel, which did not provide further details on the airport project financing, had pursued an aggressive expansion strategy since 2008 to bolster revenue, and added infrastructure, mining, petroleum and power assets to its staple food and beverage businesses.

Last year, the company asserted it does not need a partner to build the airport, in response to concerns that the project may be too big to handle alone.

Shares in San Miguel slipped as much as 2.2% after the government's announcement on Wednesday. (Reporting by Neil Jerome Morales, Editing by Sherry Jacob-Phillips)

Source: Yahoo

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ISM Chart - July 26, 2019: Gap Completely Filled Today, After it Gap Up in April 29, 2019

How To Play the Gap: Some Very Important Key Factors Before Taking A Position - from (investopedia.com)

Those who study the underlying factors behind a gap and correctly identify its type can often trade with a high probability of success. However, there is always a chance the trade will go bad. You can avoid this first, by watching the real-time electronic communication network (ECN) and volume. This will give you an idea of where different open trades stand. If you see high-volume resistance preventing a gap from being filled, then double-check the premise of your trade and consider not trading it if you are not completely certain it is correct.

Second, be sure the rally is over. Irrational exuberance is not necessarily immediately corrected by the market. Sometimes stocks can rise for years at extremely high valuations and trade high on rumors, without a correction. Be sure to wait for declining and negative volume before taking a position. Last, always be sure to use a stop-loss when trading. It is best to place the stop-loss point below key support levels, or at a set percentage, such as -8%.

More tips from Investopedia in Playing the Gap

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ABA Disclosure - July 26, 2019

Click image to Enlarge OR (Press Ctrl on your keyboard and press + button to maximize image) and then Press Ctrl 0 to back to normal view

Source: http://edge.pse.com.ph/openDiscViewer.do?edge_no=b16bc9fe05b16c79efdfc15ec263a54d#sthash.2GJd3moQ.dpbs

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JFC Chart - July 24, 2019

Nabasag yung supposedly last resort to bounce at (78.6% Fibo Level) pero papunta na sa very strong and solid support since year 2017 pa @ 240-245 piso level. Bounce or Break? Sana mag bounce para EVERYBODY HAPPY!!! 😊😋😎

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BPI Chart - July 24, 2019

BPI bounced from it's major resistance in February to March this year na posible na maging support. BPI also made it's first touched at MA9 since the price crossed in July 11, 2019 but bounced and created a Doji.

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List of Blue Chips Stocks in the Philippines - from Pesobility.com

Blue chips are companies that compose the Philippine Stock Exchange Index. They have a proven track record and daily trades are in high volume (for liquidity).

         image source: entrepreneur.com.ph

Symbol                        Name
AC                                Ayala Corporation
AEV                               Aboitiz Equity Ventures, Inc.
AGI                               Alliance Global Group, Inc.
ALI                                Ayala Land, Inc.
AP                                 Aboitiz Power Corporation
BDO                               BDO Unibank, Inc.
BPI                                Bank of the Philippine Islands
DMC                               DMCI Holdings, Inc.
FGEN                             First Gen Corporation
GLO                               Globe Telecom, Inc.
GTCAP                           GT Capital Holdings, Inc.
ICT                               Int'l Container Terminal Services, Inc.
JFC                               Jollibee Foods Corporation
JGS                               JG Summit Holdings, Inc.
LTG                               LT Group, Inc.
MBT                               Metropolitan Bank and Trust Company
MEG                               Megaworld Corporation
MER                               Manila Electric Company
MPI                               Metro Pacific Investments Corporation
PCOR                            Petron Corporation
PGOLD                          Puregold Price Club, Inc.
RLC                               Robinson Land Corporation
RRHI                              Robinsons Retail Holdings, Inc.
SCC                              Semirara Mining and Power Corporation
SECB                            Security Bank Corporation
SM                               SM Investments Corporation
SMC                              San Miguel Corporation
SMPH                            SM Prime Holdings, Inc.
TEL                               PLDT, Inc.
URC                              Universal Robina Corporation

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1. Trading 101: Moving Averages and Patintero - by ZeeFreaks (zeefreaks.blogspot.com)

Trading 101: Moving Averages and Patintero

Trading or Investing in stocks is like playing Patintero. 

It's all about the lines.

(If you don't know how to play Patintero or have never heard of it, click here for reference)

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2. Zeus' Strike And The Alignment Of The Stars - by ZeeFreaks (zeefreaks.blogspot.com)

Zeus' Strike And The Alignment Of The Stars

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3. Trading 101: Zeus Strike Part II - by ZeeFreaks (zeefreaks.blogspot.com)

Trading Perspective : Prices and 100 MA

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4. Trading 101: The Parallel Universe Alignment - by ZeeFreaks (zeefreaks.blogspot.com)

The Parallel Universe Alignment

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5. Trading 101: Money Management & Position Sizing - by ZeeFreaks (zeefreaks.blogspot.com)

Trading 101 : Osmosis

On this post, I'd like to emphasize on money management and

 diversification when dealing with 3rd liners.

But before that....

This game is really kick ass!

Extremely Fun when played using Pads.

Here's a link if you want to try it out

(Click Here)

Quick definition of Osmosis.

Definition taken from : http://www.merriam-webster.com/dictionary/

Totally related to trading right?

Well.. not really.. But if you played the game, 

you'll get what I mean. Hopefully. Hahahaha

Anyways, 

When buying 3rd liners, assuming the chart 

is good and all, make sure you study its liquidity.  

You don't want to be buying something you can't sell.

So Ask yourself this question:

"If i put in X amount of money in stock Y, 

would I be able to sell it with ease on the same day?"

If your answer is YES, then you're one step 

ready to make that trade.

Moving on...

I usually keep 1 to 4 Trending Stocks - all with almost the same trade value. 

And when a stock is ready for profit taking, I sell all, if not some of it and 

transfer the funds to the remaining three stocks or add to a new stock position.

Sometimes I go over 4 stocks, but when I do, 

I switch and sell the weakest of my holdings and go 

back to the original 4 or less.. 

Focus is extremely important. 

Just imagine if lets say, you have 10 basuras in your port,

all with equal value, then suddenly a wild bear appears! 

"Imma eat yea alive biotch!"

And the worst part is, your broker... let's say.. just out of total "randomness"  

House 203 would have one of those "stroke moments" during market panics.

What do you do?

Imagine the pain...

So as much as possible, keep or buy only what you can manage.

"Okay Zee Enough with the talk". 

I get it. You want results.

Here ya go...

This is the Unshaded Version of 

Request Granted January 2012 Edition

Port as of 1.20.2012

Port as of 1.24.2012

Port as of 1.25.2012

Port as of 1.26.2012

 Port as of 1.27.2012

 Port as of 1.30.2012

 Port as of 1.31.2012

Here are my other trading rules:

On Cutting Losses:

Don't let a loss reach -4%

Cut before it reaches that level.

On Taking Profits:

There are no Target Prices,

Only Trailing Stops.

On Trading A stock:

Trade with bias. If a stock does not 

move according to your bias, Sell.

I also get this question a lot, So i'll just Include it here:

"What is my average holding period?"

4 Trading days. Or until a stock's uptrend snaps.

And If I'm dead sure of a killer trade? 

I never hesitate to go All-In!

Source: Trading 101: Money Management & Position Sizing - by ZeeFreaks (zeefreaks.blogspot.com)

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6. Trading 101: Strategic Sand Bagging and Pyramiding - by ZeeFreaks (zeefreaks.blogspot.com)

The Trend Follower's Guide to Money Management

Strategic Sandbag Buying/Selling And Pyramiding.

Unlike COL's EIP (Easy Investment Program) that tells you to buy

 X Worth of Y Stocks Every month. The system's SSB or SSS

 (Strategic Sandbag Buying/Selling) and Pyramid helps you 

time your entries and exit efficiently and effectively.

Before we proceed, here's

How EIP works:

Let's say you allocate 10k of your earnings to 

stocks each month. You want to buy PXP every month.

Month 1 : 

PXP Price = 1

PXP Shares you buy = 10,000

Month 2 :

PXP Price = 2

PXP Shares you buy = 5,000

Month 3 : 

PXP Price = 5

PXP Shares you buy = 2,000

By Month 3, you end up with 17k Shares of PXP with 1.76 

as your Average Price. Pretty neat huh? 

In EIP, you buy on a set date

 without regard to the price or the event that took place.

The problem with this kind of 'strategy' is that there is no

value given to the trend. What if the trend was down?

What habit and mindset will this create?

"Hurt me more!!!! Ram it down and we have a deal! 

Gusto ko ng maraming maraming shares! Bodega pa!"

While this is good for investors with deep pockets and lots of time,

 It may not necessarily hold true for the person who wants a "quick

 buck" after a few months of waiting.

I'm not saying EIP is bad. But if you use out of context, it will be.

Especially when you're planning a "Basura Mutual Fund."

I know I'm fictional, But trust me when I say

That I've seen worse.

At this point, I will assume that you've already read the 

Osmosis post, The Trading Port and The Port Class.

And before you buy anything. Make sure the stock you're planning

 to buy has already made an AOTS. Coz a ZS might be fake.

---> Click Here for ZS & AOTS Post. <---

Let's proceed.

Now in Sandbagging you should first identify how many tranches 

you will make. 1 having the highest risk, 4 having the lowest risk,

 and 2 or 3 being in between.

In our system, we have limited the number of tranches done to 4.

After you have decided the number of tranches, 

you can employ these two techniques:

A. Equal Tranche

B. Pyramid or Inverse Pyramid

In Equal Tranche Sandbagging, if you have a Budget worth 100k, 

and you decide to do a two-tranche, then you buy the first half on 

the first breakout, and the 2nd half on the next. This is like EIP, the 

difference is, you buy on the breakout and not on a set date.

In Pyramid, the lower the price, the bigger the volume or budget. 

So if you have a Budget worth 100k. And you're a "sigurista" and

 decide to go for a four tranche buy, this is how you will allocate 

your buys:

1st Breakout : 40,000 worth

2nd Breakout : 30,000 worth

3rd Breakout : 20,000 worth

4th Breakout : 10,000 worth

Example:

Chart as of 5/12/2015

Closing price at 5/13/2015

If you follow the pyramid type, your Average Price would most

 likely be found in the prices between the 1st Breakout to the 3rd 

Breakout.

What goes on in the trend follower's mind at this point?

"HOOOOLD! Lalim ng Average ko. Run profits! Run!"

But what If you employed a Single Tranche Buy? And it just so

 happened that the price dropped to the previous support, which is 

near your cutpoint? 

At this point, the trader would be like:

"#LMPI. Lapit na sa cut point ko! Sabi na nga ba eh. 

Dapat doon ako bumili."

And because you have used up your whole allocation for that stuck,

 sudden background music plays : Bakit ngayon ka lang...

The inverse pyramid is usually done when selling.

The higher the prices go, the bigger the volume.

Good technique for Day traders who set TPs.

Now why buy on breakout rather than at support? Because on 

breakouts, it means that the uptrend is confirmed and more time is 

saved as opposed to buying on support and waiting for the 

consolidation to finish.

And why do we give importance to this?

Because in Trading, your mental state and health is just as

 important as your portfolio. If you trade when you're stressed and

 emotional, you are highly likely to lose. And when you lose, you

 might end up in this vicious cycle I call... 

Makabawi Syndrome.

What goes on in the trader's mind during breakouts?

"Yes! Uptrend ulit!"

#Goodvibes

And what goes on in the trader's mind during 

support testing and consolidation?

"Shetmemeng wag ka bumigay! 

YES! Oh Shet! Oh Shet! YES!"

#Patience #Panicmode #Dasalmode #FeelingStressed

Yep. You're too tense that you look like you got stunned for 2 

seconds by a storm bolt and you don't know how to react.

Now as to when you will sell...

I believe this old post will suffice.

---> Click Here for Patintero Post. <---

Here's a balanced "What If" table.

For NIhao.

And here's a case study on POPI.

(Pakipindot)

Source: Trading 101:  Strategic Sand Bagging and Pyramiding - by ZeeFreaks (zeefreaks.blogspot.com)

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7. Trading 101: Swing Trading vs Trend Following - by ZeeFreaks (zeefreaks.blogspot.com)

Swing Trading vs. Trend Following

Select Your Race

This post is dedicated to all the newbies at Newtoys Tinychat. 

This is just a snapshot, coupled with some of my thoughts, of how Swing Trading and Trend Following look like. 

If you would like to learn more about the methods mentioned here, do your homework and Google it.

Usual Swing Trader Chart - WITHOUT the other indicators (MACD, RSI, STS, OBV, etc.)

Looking at this chart - a swing trader would have 10 times the opportunity to make a killing trade on PXP. 

But doing so requires a lot of time, effort, knowledge and guts to be able to successfully make the trade...

Rewards are Greater in Swing Trading.

But so are the RISKS.

Now to Trend Following:

Trend Follower's Chart - Effective even with only one indicator : The Moving Averages.

Trend followers on the other hand, buy and hold stocks until one of their selected moving averages "snaps." 

In this case, following the 20 Day MA which hasn't snapped... YET!

This method can oftentimes be stress-free and only requires the trend follower to be patient.

So to the Padawans, you could try doing both and see for yourself which method suits you. 

Choose your path wisely. Your Trades Reflect your Character.

Here's some stats I gathered that might help.

But whatever side you're on, what matters is that by the end of the trade, you make a profit.

Source: 7. Trading 101: Swing Trading vs Trend Following - by ZeeFreaks (zeefreaks.blogspot.com)

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8. Trading 101 Boxes and Triangles (Darvas) v1 - by ZeeFreaks (zeefreaks.blogspot.com)

Trading 101: Boxes & Triangles

Practice Chart

LC 1 Year Chart

VUL 6 Months Chart

MIC 6 Months Chart

Shapes Identified

LC 1 Year Chart

VUL 6 Months Chart

MIC 6 Months Chart

Source: 8. Trading 101 Boxes and Triangles (Darvas) v1 - by ZeeFreaks (zeefreaks.blogspot.com)

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9. Trading 101 Boxes and Triangles (Darvas) v2 - by ZeeFreaks (zeefreaks.blogspot.com)

Dear students, post nalang natin assignments and chart questions nyo here ha?

Easier to Document. Thanks.

Click Images to Enlarge

Practice Chart

Answers

Source: 9. Trading 101 Boxes and Triangles (Darvas) v2 - by ZeeFreaks (zeefreaks.blogspot.com)

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10. Trading Psych 101: Volume And Emotions - by ZeeFreaks (zeefreaks.blogspot.com)

Volume of Emotions

Great things start with small beginnings.

Most traders when starting out, make the mistake of trading 

with all they have, trading big or going all in - Instead of experimenting and starting small.

The path to a consistent, profitable system, always starts with

 experimentation. Because admit it, even if you read all those 

books and blogs, mimic your favorite guru, watch

 expert trading videos... 

Knowing...

 is very different from Doing.

One of the basic self-check, flow chart a beginner 

must have when trading is this.

It always starts with a trading plan.

And the emphasis is more on the volume of the trade

and your mental state if ever you lost the trade. 

Why?

Because the trader's mental and emotional capacity has an

interesting correlation to the volume of the trade.

Confused?

Here's an example.

Scenario 1:

You allocated 1/10th of your portfolio to DNL.

Whether you win or lose, this will probably be your reaction:

Nothing much really. Because the volume wasn't 

that significant to move your port to begin with.

----------------------------------------------

Scenario 2:

You allocated at least 1/2 of your port to TAPET

at the lows before it went sky high.

Your probable reaction?

#YOLO

You get a confidence boost - Feeling like some 

hero or tyrant that can conquer anything in the world.

----------------------------------------------

Scenario 3:

You went all in FNI because of strong FA and TA.

(Facebook Analysis / Tsismis Analysis)

Your reaction?

(Admit it... you sang that one out)

----------------------------------------------

Makes sense now huh?

Now when you document a trade, add up the numbers. 

And after getting a hefty sum of trades, review and look for 

the plays you are strongest and those that you are weakest.

(Sample Trade Stats)

This doesn't mean that you should stop trading the setups that you

 are weakest. But it should be a challenge for you to experiment

 and practice until you finally get your batting average 

into the green.

These numbers speak out to YOU. Think of the 'wins' column 

as confidence points. The greater the wins you have, the 

more volume you can allocate. The greater the losses 

you have, the lesser the volume you should commit.

When you gain confidence because of the numerous trial and 

errors, and when you can properly handle and tolerate losses to a

 certain degree of exposure, only then should you "up the dose."

Now why am I emphasizing on Losses? 

Because when I started out, I remembered and learned 

from my losses more than my winning trades.

Everyone loses. But the only time it truly becomes a loss, 

is when you don't learn from the experience.

Source: 10. Trading Psych 101: Volume And Emotions - by ZeeFreaks (zeefreaks.blogspot.com)

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