Lepanto Mining (PSE: LC)

Broker’s Analysis: MVP identified brokers were buying, leading the pack was Macquarie (pls see related broker’s analysis on MER). Seller was Fyap securities, identified broker of Lepanto owner. Neutral.

Broker’s Analysis of Paxys (PSE:PAX)

No loyalty whatsoever. Both the top buyers and sellers were identical, suggesting this stock attracts more players and just little or no participation of institutional or long term investors at all. Caveat.

Top buyer/seller today June 3, 2009

On Broker’s Analysis (PSE: MEG)

My days of analyzing broker’s activities are numbered. There’s PSE resolution that broker’s identity will be withheld. I always believe, The Philippine Stock market is one of the hardest playing filed in equity investment. I always concur to the saying that “If you beat the Philippine Markets, you can beat any markets in the world”.

Below is Meg’s broker’s activity. This is just my personal “feel” why the MER selling is an automatic response.

On Brokers Analysis – Meralco & Megaworld (PSE: MER & PSE: MEG)

basing on the screen shot if i were the client of Summit Sec, i would have done the same. What’s on my mind?
Let’s share our “feelings”.
If i were a client of Summit Sec. i sold my Meralco shares because;
Any thoughts?

—–
Shar I’mstudying your VLL, as soon as i finish “talking” to the chart, i will post it asap. Thanks for your patience.

Recap of Monitored PSEi Stocks (Pepsi Phils, Metro Water Corp, JG Summit, Philex Mining, International Container Terminal Services Inc, Energy Development Corp) Part 2

3. Philex Mining (PSE: PX) – Stock broke 6.30 earlier. Heavy buying by CLSA. This is definitely program buying. Please see related post of CLSA’s program buy of MEG.

Related Post
http://spyfrat.wordpress.com/?s=monitored+stocks&searchbutton=Go!

Philex Mining (PSE: PX) – First coverage last January 27, 2009. Kings Securities still accumulating this stock. No fear. Since Jan. 28, 2009 till today, Kings added 2.4M shares at an average price of 4.5050/share to their cofers. ABN-AMRO, a foreign broker, joined in with 2.3M shares at 2.5027 average price. PX is one controlled stock. One of these days, it will make new highs.

archieves at http://spyfrat.wordpress.com/category/phisixs-closet-psei/

Recap of Monitored PSEi Stocks (Pepsi Phils, Metro Water Corp, JG Summit, Philex Mining, International Container Terminal Services Inc, Energy Development Corp)

Recent Update of Monitored PSEi Stocks:
1) PEPSI Phils (PSE:PIP) – this by far my favorite stock. Our house have been accumulating Pepsi way back last December l2008 when massive foreign selling send this stock into abyss. It was mostly local buying (bulk of which was done by Summit Securities) versus wave of foreign selling. It was then, until now… wave of foreign selling is still present despite Pepsi’s improving sentiment and momentum. Despite gaining nearing a 100% gain from its historical lows, this stock have been constantly massively sold down by foreign brokers. Today’s close was a new ball game. CLSA’s heavy bombardment since last week was resisted today by our house, Summit Securities coupled with big local brokerages and 1 foreign house (ATR Securities). Below is the broker’s historical trade for the last 3 months. Chart wise, 1.70 is attainable for the short term, with 1 year target of 2.70/share.

2) JG Summit (PSE: JGS) - First coverage was done last Dec 18, 2008 when stock hit the parabolic target burst of 1.80 pesos/share. The broker i watched closely then was ATR Securities. JGS stock price closed today at 4 pesos/share. The stock have already achieved its target. I like this stock but i will no longer cover its broker activities. I may do so for personal perusal as I trade actively. Investors of JGS may still request for its broker and technical analysis. Just email me.

3) will add more later….

Link Source of Post Below: http://spyfrat.wordpress.com/?s=monitored+stocks&searchbutton=Go!
Posted last February 5, 2009
Broker’s Analysis of Monitored PSEi Stocks (Pepsi Phils, Metro Water Corp, JG Summit, Philex Mining, International Container Terminal Services Inc)

Pepsi Philippines (PSE: PIP) ; First Coverage – Dec. 10, 2008

Its a tug of war between my house Summit, ATR, Bernad Securities versus Kings Power and Macquarie. Last year, I targetted 1.16 as PIP’s price target, coming from the 0.60’s price level. It was heavily dump by UBS Securities then. I started posting it here when it was at 0.79/0.80. Said target still remain a target. It only made a high of 1.04/1.06 then corrected to 0.84/0.85 last January 2009. Pepsi remains as my favored stock.

pepsi020509

Metro Water Corp (PSE: MWC )- First coverage today. this stock was heavily sold downy CLSA this year. Since monday they are buying back. Prior to trading earlier they are 4M shares net buy since monday but still 23M shares net sell since November 2008. Heavy crosses by CLSA were observed when MWC broke down the 10-peso/share price.

JG Summit (PSE: JGS) – First coverage done last December 18, 2008 when JGS completed its Parabolic Curve burst target at 1.80/share. Since then broker ATR Securities has been buying the stock. CLSA bought the stock yesterday. ATR is only 75k shares net buy with a big help from the locals as they drove JGS’ price to 2.85/share today.

Philex Mining (PSE: PX) – First coverage last January 27, 2009. Kings Securities still accumulating this stock. No fear. Since Jan. 28, 2009 till today, Kings added 2.4M shares at an average price of 4.5050/share to their cofers. ABN-AMRO, a foreign broker, joined in with 2.3M shares at 2.5027 average price. PX is one controlled stock. One of these days, it will make new highs.

International Container Terminal Services Inc. (PSE: ICT) – After being sold down till 10.50, the stock attracted buyers when their was a total of 5M shares crossed made by AB Capital @ 10.75 pesos/share from Feb 2, 3 and 4, 2009. As per disclosure by the company, it was a share buyback. A cross sale is made when bought the buyer and the seller is of the same house. transfer of ownership then took place. Today ICTSI closed at 11.75 pesos/share.

Posted last January 7, 2009
PSEi monitored stocks update 1/07/09

JG Summit (PSE: JGS) – broke out from psycho resistance at 2-peso/share to close at peso:2.10/share (a 13% gain from yesterday’s close). chart indicates the key levet at 4+ is possible but still is a drolling target.

Energy Development Corp (PSE: EDC) – it made a historical low of 1.82 pesos per share. previous “chart-polation” computation peg a 1.78 pesos/share or near that level as the stock’s low. I can now see UBS Philippines smiling now as this was there pick before. EDC came under pressure and went into freefall (due to forex losses concern) when Yen was unstoppable on the last quarter of 2008. It butchered the US dollar last Dec 17 and made historical high at near 87. As USD strengthen against yen, it’s stock price rebounding. So far Yen is the biggest catalyst for EDC’s price action for now. EDC closed at 2.44 pesos per share today.

PEPSI Philippines (PSE: PIP) – no window dressing happened on the last trading day (dec 24) last yr. Fortunately, the “January effect”, well, took effect. PIP closed 0.93-peso/share today, up 6 cents from its 2008-end close of 0.87-peso/share.

archives at http://spyfrat.wordpress.com/category/phisixs-closet-psei/

On Broker’s Analysis – Megaworld (PSE: MEG)

Meg’s top buyer

Cross sale of CLSA

CLSA’s program buying (time & sales)

This is one of the reason why most of my clients who have megaworld shares sold today. early trading we saw a barrage of buying done by foreign brokers. From the way they aggressively bought up the shares, program buying is their theme for today. Filipino traders have a festival on Meg’s occasion today. Unfortunately, this festivity where local traders are making a profit on foreign brokers’ buying and selling are about to end. The Philippine Stock Exchange are about to adapt a rule hiding a broker’s identity in buying and selling. Once implemented, local traders and investors can no longer “monitor” who’s buying and selling. This rule for me is anti-investor and protects only the big foreign houses. There will be massive front running and investors have no protection whatsoever, specially if they “put an open price order” to their brokers’ discretion. Anyway, that’s another story.

Back to Meg. Program buying have huge impact on the intraday activities of a stock price. A magnitude such as this will definitely buoy up the stock. Same is true to program selling. In timing the “ride”, I look for huge crosses to signal that the “program” is nearing completion or have rested. This is the same example i posted on PEPSI’s broker’s analysis and the relevance of crosses. In Meg, CLSA’s activity is definitely program buying. From near mide 0.70s on the way up to 0.80s. After which, made huge crosses at 0.82 and 0.84. For me that’s the signal that the program was done for the day, thus we sell. If it continues on the next day, buying back even at a price higher than our selling price is not a problem with us. We don’t buy price, we buy momentum and patterns and reasons. Same goes as why we sell.

Global Equities Rally

Global Equities is in Emotional Spike State. Enjoy while it last. V bottom pattern ingredient at its best.

PSEI Update

March 10, 2009 Daily

Previous Charts (Mar 6, 2009)

Related Chart (On Broker’s Analysis of MERALCO – PSE:  MER)

Note: Previous charts of Mar 6, 2009 were all after the fact. This is for reference only.

Broker’s Analysis – Pepsi (PSE: PIP)

Here we go again. Mega cross by 2 foreign brokers. Very good for PEPSI. My house is still buying.