PEPSI Philippines (PSE: PIP)

Recommended to house and clients that PIP’s RSI is nearing overbought level. Resistance at 2.18, and a possible move is to take some profits on strength. House got lots of PIP accumulated way before then and even bought up yesterday at 1.86 and 2.10-2.12 yesterday. Strategy is to limit players, maintain a status quo and do a time correction for PIP. This will mellow down the RSI. Create a base on a comfortable level where we can buyback again. Perfect picture then see our target of 2.70 materialized this year. Caveat.

Pepsi (PSE: PIP)

Daily Chart
My “dream” target still stands at 2.70/share, but there will be ups and downs, ofcourse.
Personal disclosure: Sold some for my clients as 1.70 target achieved.

On Broker’s Analysis
Foreign brokers started buying pip since Monday. My house is the biggest seller today on client’s profit taking.

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.

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.

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.

PEPSI Phils Update Jan. 29, 2009

Broker’s Analysis – PEPSI (PSE: PIP)

Early crosses by ATR. Good for the stock.

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.

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

Pepsi Update 12/23/08

Yesterday Dec 22, ATR Sec crossed 50M shares of Pepsi at 0.92/share. Today, ATR was the bought 1M, next to Abacus Sec’s 1.5M shares. Unfortunately, UBS did continue selling. My clients and I were still holding our shares. Tomorrow is the last trading day and i’m still anticipating a nice window rally. Summit sec bought back 100k shares today. Honestly still, i hate this “eliminating players” trading strategy.

Pepsi Update 12/19/08

trading strategy: eliminating players is taking effect as summit securities resumes partial buying, but i don’t like it *grin*

PEPSI Update 12/18/08

Corrected today after a nice run yest. Possible trading strategy to eliminate players. Biggest buyer is still Kings Sec with 900k shares bought @ 0.99/sh. Sellers are E. Chua Sec and UBS with 600k shares @ 0.9904 average price per share and 562k sold at an average of 0.9918/sh respectively. It seems that UBS is back selling. If UBS becomes aggressive I’ll forget my target of 1.20/share. Caveat.