Broker’s Analysis – Pepsi Philippines (PSE:PIP)
Based on Franklin Templeton Fund websites, they disclosed that as of Dec 31, 2009, they have around 146 million shares of Pepsi – Cola Products Philippines (PSE:PIP). This is a galaxy – like increased of 2800% from their March 31, 2009 holdings of only 5M shares. From the said 146 million shares, I’ve seen 4 funds of Templeton that have holdings of these shares. I don’t know if there are more funds that have Pepsi within the Templeton Fund.
Below are broker’s activity (3 months) of Pepsi. Noted big buyings and cross sales from ATR, and cross sales from UBS (underwriter of Pepsi’s IPO). It is my thinking, base on broker’s analysis that ATR is the one who buys shares for Templeton. As for my house, our activity is almost the same volume on buying and selling. My 2 cents only. Caveat.
As of 11:35 am Feb 10, 2010 trading time. ATR bought 225k shares, while UBS is a seller with 303k shares.
Add comment February 10, 2010
AgriNurture, Inc (PSE: ANI)
as of 10:46am ANI is trading at 16 bid, 16.25 ask, 16.2 current
For 1st attempt theory references and emotional spike theories, please use search somewhere in this blog.
related reference:
http://spyfrat.wordpress.com/2009/02/04/sign-of-life/
http://spyfrat.wordpress.com/2009/01/16/my-entry-to-the-guess-the-dow-contest/
Add comment February 9, 2010
Philippine Stock Exchange Index (PSEi) & Ayala Corp (PSE:AC)
PSEI weekly
AC weekly
Add comment February 5, 2010
Lodestar Investment (PSE: LIHC)
This one is a nightmare to all longs. Fortunately the charts says there is a bounce… for the time being, just a bounce.
Weekly chart 02/04/2010 Trading time. LIHC currently trades 5.80 seller’s price. Current intraday low 5.70
Daily Chart
Add comment February 4, 2010
Broker Alert
UBS (Union Bank of Switzerland) Securities spotted buying PAX again. From a low of 2.02 on a single board lot trade (1,000 shares), PAX is up 0.16, 7.55% from yesterday’s close of 2.12
# BUYERS VOLUME VALUE AVERAGE %WT.
1 GOLDSTAR 359,000 792,060 2.2063 14.72
2 COL 332,360 743,912 2.2383 13.63
3 BDO 300,000 659,740 2.1991 12.30
4 UBS 205,000 457,720 2.2328 8.41
5 TRITON 200,000 458,000 2.29 8.20
6 SB-EQTY 200,000 450,000 2.25 8.20
7 RCBC 150,000 337,000 2.2467 6.15
8 RS_LIM 150,000 332,000 2.2133 6.15
9 REGINA 120,000 267,280 2.2273 4.92
10 BPI 108,000 237,060 2.195 4.43
Add comment February 3, 2010
Pepsi Philippines (PSE: PIP)
Templeton Emerging Markets Smaller Companies Fund as of December 31, 2009
As per disclosure of the said fund, they own 100,458,420 shares of Pepsi Phils.
Templeton Asian Smaller Companies Fund as of December 31, 2009
As per disclosure of the said fund, they own 9,383,000 shares of Pepsi Phils.
Source:
http://www.franklintempleton.lu/shared/pdf/holdings/11615_holdings.pdf
http://www.franklintempleton.lu/shared/pdf/holdings/12898_holdings.pdf
Add comment February 1, 2010
Market Action
(Note: Updated within the day)
9:44am PAX opened at 2.50, gapping 4 cents from its yesterday’s close at 2.46
9:48am After opening at 68, the stock lost its grip as investors find it to pricey to push IMI to its 5th consecutive limit up of 50% gain for the day. Currently trading to 40 a piece, down 5.50 from yesterday.
10:00am Broker 209 started doing cross sales at SMDC, totalling to 1M shares at 2.50 (4 blocks of 250k shares).
10:30am APC (+0.03, +9.68%) in the attached disclosure dated January 26, 2010, stated among others that: We would like to report that the Board of Directors of APC Group, Inc. (“Company”) in a meeting held today, January 26, 2010, approved the quasi-reorganization of the Company by way of reducing the Company’s par value per share. The reduction in par value will initially result in the reduction of the Company’s negative retained earnings (deficit) approximately by half. The new par value of the Company’s shares and the exact amount of the resulting reduction in deficit will be decided after further study and consideration.
10:40am The Philippine Stock Echange Index (PSEi) have been undecided all day, keeping a narrow range at the 2,900 level.Previous support at 2,950 is now a resistance. Heavy weight Ayala Corp (PSE:AC, +2.50, +0.86%) is adding support to the market.
11:00am SMDC alert. Total 3m shares crossed by broker 209.
11:06amTechnical watch. MRC (+0.01, +1.41%) is within a triangle make or break.resistance at 0.79 & 0.88 (current high) and support pegs at 0.66 & 0.59
11:26am Still Consolidating. Pepsi Philippines (PSE:PIP) remains unchanged at 2.30/share. Buyer is still ATR. I noticed they’re been on defensive buying mode. The stock have shown to be resilient and stayed on the 2.30 level despite the index selldown previously. A break at 2.55 will open gates at 3.50, Pepsi’s IPO price.
11:50am PSEi (+38 pts, +1.31%) going pass the 2,950 initial resistance. The divergence as previously pointed out yesterday proved to be a signal that the index have enough of this emotional tantrums. Psychological resistance points to the 3,000 level. Expect confidence to build up as 2,950 was taken.
11:58amConfirmed. The Famous Father of All Funds, Mark Mobius of Templeton Asset was in Cebu last week. Business or Pleasure? I’m not guessing.
1 comment January 28, 2010
