Wednesday, October 22, 2008

My Portfolio (Oct 22, 2008)

Digitel Communications Philippines, Inc. (DGTL)
P/E Ratio: 6.19
My Buy Price: 1.6
Current Price: 1.14
% Profit: -29%

Filinvest Land, Inc. (FLI)
P/E Ratio: 6.33
My Buy Price: 0.62
Current Price: 0.45
% Profit: -28%

Megaworld Corporation (MEG)
P/E Ratio: 5.85
My Buy Price: 1.38
Current Price: 0.89
% Profit: -35.42%

San Miguel Brewery, Inc. (SMB)
P/E Ratio: 17.88
My Buy Price: 11.3
Current Price: 9.3
% Profit: -18.40%

SM Development Corporation (SMDC)
P/E Ratio: 6.06
My Buy Price: 2.14
Current Price: 2
% Profit: -7.40%

Recommendations:
Save up cash, and try to buy existing stocks (to average down) at the same time buy bargain Blue Chip stocks. Remember to spread it out over a few weeks. So for example you have 100,000, don't spend it all at once. Split your money by 20% and spread the buying per week , once every two weeks or monthly.

DON'T PANIC

3 comments:

edward said...

Oh yes I will not panic. Actually this is the best time to invest when everything is down.
Don't Worry make money

Rev. Fr. Jessie Somosierra,Jr. said...

are you a broker? How to find one?

java.padawan said...

Hi, I am not a broker. I'm actually a Java Developer, but I've been very interested with the financial market ever since I was in young.

I actually trade stocks online using First Metro Sec. Which I think is the best compared with other tools. Also, they do not require any minimum.

As for my stock picks, some of them comes from real brokers, and most of them come from my research. My picks just come from the basics (which I think never fails) which are Low P/E, High Volume and good financial statements.

Regards.