Tuesday, August 13, 2013

AC, BDO and PX

Ayala Corp, Banco de Oro and Philex are my long term chips. I would be holding this for a long time. For how long, I am not sure. Maybe 3 or 5 or 10yrs? I would continue adding shares on a "Cost Averaging Concept" I have learned during one of COLFin's Seminar I have attended. So what's the reason I chose these 3? Nothing technical just pure support and belief that these companies has nowhere to go but up.

AC- Ayala Corp is an established diversified conglomerate. It rivals SM with its projects and establishment. Seeing their portfolio makes me feel comfortable on where this company is heading. I also believe that AC is worth the risk and I want to grow with them.

BDO-Banco De Oro has been my bank since its Equitable PCI days. It is under the SM Group making it an easy choice to pick upon. As a valued customer, why not become a shareholder also since all of my pesos are deposited in this bank. Banking is a sector that will continue to rise as the population for young professionals increase the amount of money that will enter the banks will also increase. And with BDO, "We Find Ways" (kasama ako diyan hehe)

PX-Philex Mining Corp has been established as our country's largest mining company. Now owned by Mr. Pangilinan, I am very biased to this company because it is in the sector which I belong to. I was once a prospect of them. (Even though I know how good they are and their practice, I pursued a short career overseas). After all the ups and downs of the mining cycle, PX has stayed. And I am willing to wait for the next  highs of the mining industry. #pusongminero

I will continue to learn more about FA/TA to increase my confidence on this chips. They say do not "fall in love" with your chips but I say instead "believe in your chips". 

These are my views, what's yours. Cheers!

Lessons Learned:
  1. Think positive
  2. A company's portfolio is similar to a student's report card. (either you believe on it's worth or not)

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