Bought and sold in April 2018

Bought the following shares in April 2018:

  • 10: LR @ ₱4.99
  • 16: MPI @ ₱5.00
  • 16: PIP @ ₱2.50
  • 17: CLI @ ₱4.54
  • 19: AGI @ ₱12.98
  • 19: MEG @ ₱4.31
  • 19: SMPH @ ₱32.30
  • 20: FLI @ ₱1.70

Sold the following shares in April 2018:

  • 13: SMC2C @ ₱79.10
  • 24: SMC2C @ ₱79.00

I had small, almost negligible, losses for both SMC2C transactions. Overall in the years that I’ve held them, there has been a net gain from quarterly cash dividends. As I mentioned previously, I will park cash in preferred shares, and will sell when the market goes down enough… the recent downturn of over 10% allowed me to pull the trigger. Aside from the fact that I will have to sell my SMC2C in the coming year as the optional redemption date of September 2019 is starting to loom and should put downward pressure on the price.

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Bought and sold in Feb 2018

The following are the buys and sells I had since my Jan 28, 2018 post.

Bought the following shares in Feb 2017:

  • 2: FGENG @ ₱111.60
  • 12: CLI @ ₱4.48
  • 12: LTG @ ₱22.50
  • 13: MRSGI @ ₱3.49
  • 15: FLI @ ₱1.78
  • 19: IMI @ ₱14.28 (Stock rights offering)
  • 20: ABS @ ₱31.55
  • 20: MPI @ ₱5.88

The only shares I sold were PIP for ₱2.90 on Feb 2, 2018. I don’t see myself selling any shares in the next few days, unless VUL rockets even higher.

 

 

Bought and sold since Oct 8, 2017

Bought a couple of orgs and sold one since my last post. Bought the following shares on the following dates in October (some of which were very small odd lot orders to even out my holdings):

  • 13: MRSGI @ ₱4.24
  • 17: CNPF @ ₱15.40
  • 18: JFC @ ₱245.20
  • 18: BLFI @ ₱3.93
  • 19: LR @ ₱4.03
  • 19: SCC @ ₱41.00
  • 19: SMC2F @ ₱81.50
  • 30: ALCPB @ ₱108.00

Started to buy some ALCPB as an alternative to DDPR and the SMC preferred shares. At ₱108.00, net yield p.a. (for Filipino citizens) should be around 5.8%.

In November I bought the following shares on the following dates, just as in October, some were very small odd lot orders:

  • 6: NIKL @ ₱7.47
  • 6: FNI @ ₱3.01
  • 10: CHIB @ ₱33.50
  • 10: MBT @ ₱94.00
  • 13: PBB @ ₱12.00

The only shares I sold since the last post was RFM @ ₱5.00. I sold shares I bought back in Aug 2016 (more than a year ago) @ ₱4.27. I made around 15.3% for that sale. Approximately around my 5-year XIRR of around 14% p.a. For comparison, the PSE index as a whole has returned around 25% from the start of the year. I haven’t done an analysis on my portfolio’s numbers, but that’s an idea. I think I’m far off from beating the market this year (note: I checked and I’m around 19% up YTD).

I’m trying to not sell anything even though I think the market is pretty high (the PSEi is around 22 p/e right now I believe). Mostly because of smarting from selling some SMPH, and WLCON before their peaks and also not being able to pick up SECB @ around ₱244.

I should have sold CEB when it was around ₱108.00 and above. I’m still thinking if I should sell some IMI @ around ₱21.50.

Stocks on my quite long buy watchlist are the following:

  • ALCO @ ₱0.95
  • AP @ ₱41.10 (seems like this is always on my watchlist)
  • BLFI @ ₱3.84
  • CHIB @ ₱33.50 (another one that’s always on my watchlist)
  • CLC @ ₱9.24
  • CPG @ ₱0.50
  • DD @ ₱31.07
  • ELI @ ₱0.66
  • FLI @ ₱1.94
  • FPH @ ₱61.90
  • GTCAP @ ₱1172.00
  • LR @ ₱3.73
  • PHN @ ₱9.50
  • PIP @ ₱2.64
  • VUL @ ₱0.95
  • X @ ₱4.55

I’m still wondering if SHLPH will announce cash dividends early next year.

I’ll post about October cash dividends received some time this month.

 

Sell SHLPH? Some stocks to watch

SHLPH share price has slowly been going down from a peak of ₱80.00 to today’s close of ₱72.45. Was hoping of selling some of my holdings at around the ₱74++ mark, the only thing that’s stopping me is that the company intends to give out 75% of its earnings as cash dividends. To make a not-so-informed analysis of that, from the ₱4.68/share (2016 earnings) would give around a 4.8% div yield at today’s price. A rate that only a handful of other shares can top.

HLCM, another stock with good div yield has also been going down, partially (and supposedly) because of the anticipated listing of Eagle Cement.

Current stocks on my watchlist to buy (aside from HLCM @₱15.02) are as follows:

  • AP (₱41.30)
  • ELI (₱0.66)
  • FLI (₱1.63)
  • GTCAP (₱1134)
  • MEG (₱3.44)
  • ROX (₱2.75)

Still smarting from my mistakenly buying more MWIDE @ ₱17.72, extra shares of which I’ll probably sell if it goes anywhere near today’s high of ₱18.42.

I’m seeing a couple of outlets expecting WLCON to go up to ₱6.00 pretty soon. I’ll likely get out before that to fund other underappreciated stocks as the market has been in this range of around 7140 to 7370 since it suddenly jumped during the first trading week of the year.