Investment and Life Lessons - Part 5

Here's the part 5 of my previous posts regarding the lessons/quotes I've encountered in my various readings on business, stocks, economy, money, war and life. My list is getting too long again hence I'm sharing it with the Filipino Investors out there for them to learn a thing or two. Cheers!

1. Be like a duck, stay calm on the surface but paddle like hell underneath
2. The few who do are the envy of the many who watch - J.R.
3. Don't wish it was easier, wish you were better - J.R.
4. You have to fight through some bad days to earn the best ones. - Elal Jane Lasola
5. Wall Street's tendency to be forgiving of bullish strategists who end up being wrong..  "If you're a bull and you're wrong, you're forgiven. If you're a bull and you're right, they love you. If you're a bear and you're right, you're respected. If you're a bear and you're wrong, you're fired."
6. To understand is to be free - Baruch Spinoza
7. A thing does not therefore cease to be true because it is not accepted by many - Baruch Spinoza
8. Desire is the very essence of man - Spinoza
9. Warren chooses the kind of business he would like to be in and then lets the price of the security, and thus his expected return, determine the buy decision. (This is like Warren in high school identifying a girl he wants to date and then waiting for her to break up with her boyfriend before beginning his pursuit).
10. Investment is most intelligent when it is most businesslike - Benjamin Graham
11. There is no such thing as overnight success or easy money. If you fail, do not be discouraged; try again. When you do well, do not change your ways. Success is not just good luck: it is a combination of hard work, good credit standing, opportunity, readiness and timing. Success will not last if you do not take care of it. - Henry Sy
12. Work more, talk less - Henry Sy
    

Dividend Ex-Dates in the Philippines in the Next Three (3) Months as of 14-Dec-2015

Here's our monthly dose of upcoming dividend ex-dates in the next three (3) months. 

"Dividend Ex-Date" is the actual ex-date already announced by the company. 

"Next Estimated Ex-Dividend Date" as the name implies, is the estimated next dividend ex-date of the company based on their historical trend of dividend releases.

If you want additional items to be added on this table hit the comment button below and we'll try to get them included next month.

Data as of 14-Dec-15. 

Enjoy!

Ticker	Short Name	Market Cap (PhP)	Last Price (PhP)	Dividend Ex-Date	Next Estimated Ex-Dividend Date	Dividend Yield
TEL PM Equity	PHILIPP LONG DIS	461,495,140,352	2136	8/24/2015	3/10/2016	6.09
GLO PM Equity	GLOBE TELECOM	260,175,101,952	1940	11/17/2015	2/18/2016	4.28
SLF PM Equity	SUN LIFE FINANCI	938,246,930,432	1535	11/20/2015	2/22/2016	3.58
MWC PM Equity	MANILA WATER	50,629,767,168	25.15	8/20/2015	2/29/2016	3.24
MFC PM Equity	MANULIFE FIN	1,498,190,446,592	760	11/17/2015	2/19/2016	3.19
SMC PM Equity	SAN MIGUEL	110,839,267,328	47.95	10/6/2015	12/28/2015	2.92
AP PM Equity	ABOITIZ POWER	295,815,905,280	39.9	3/19/2015	3/14/2016	2.86
IPO PM Equity	IPEOPLE INC	8,388,051,968	11.2	12/18/2015		2.14
CEU PM Equity	CENTRO ESCOL UNI	3,653,384,960	10	12/16/2015		2.00
AEV PM Equity	ABOITIZ EQUITY	316,870,918,144	56.95	3/19/2015	3/14/2016	1.95
EDC PM Equity	ENERGY DEVELOPME	113,062,502,400	5.91	9/18/2015	3/9/2016	1.69
ALI PM Equity	AYALA LAND INC	497,447,108,608	33.85	8/27/2015	3/1/2016	1.23
MPI PM Equity	METRO PACIFIC IN	146,955,927,552	5.26	8/26/2015	3/31/2016	1.22
BDO PM Equity	BDO UNIBANK INC	363,808,456,704	99.1	12/7/2015	3/14/2016	1.21
BPI PM Equity	BANK PHILIPPINE	322,185,396,224	81.6	8/5/2015	12/24/2015	1.10
URC PM Equity	UNIVERSAL ROBINA	404,232,306,688	184.8	2/23/2015	2/19/2016	0.81
PCOR PM Equity	PETRON CORP	67,594,502,144	7.22	3/27/2015	3/31/2016	0.69

Source: Bloomberg

DISCLAIMER: 

This is not an investment advice and the author shall not be responsible or liable for any trading or investment decisions made based on this information.

The author hereby expressly disclaims any responsibility for any error or inaccuracy in the information.

Top Twenty Five (25) Cheapest Stocks in the Philippines as of 08-Dec-15

The "Top 25 Cheapest Stocks in the Philippines" is a monthly publication by The Filipino Investor to give investors in the PSE a sense on what are the cheapest stocks at the current market prices. This will be particularly useful to value investors a.k.a. those investors who like to buy companies whose current market price is selling cheap relative to quantifiable metrics such as earnings, sales, book value, dividend etc.

We would like to remind the readers of this website to do due diligence before investing specially on the more iliquid names. Cheers and enjoy!

Note:
1. P/E, EV/EBITDA, P/B, P/S were arranged from lowest to highest (lower the numbers means they are cheaper)

2. DY was arranged from highest to lowest (higher numbers are better/cheaper)

3. Data as of 08-Dec-15

Thinking Rationally About Investment Returns

One of the most common reasons why people fall for investment scams is because of the very high returns promised for a very short period of time.

The inspiration of this post is to hopefully give investors out there a quick mental framework on how to think rationally about investment returns and hopefully make them a little better in identifying investments that are plausible vs hoax.

Case in point is one of the Philippine's biggest investment scam w/c reportedly promises 62% return in just 20 days or equivalent to 1,131.5% per year according to PinoyMoneyTalk.com.

Now quoted at 62% for 20 days it might mentally deceive ones brain to accept the very attractive offer. But when you do the math, the numbers will really look funny and on first glance would look nothing but - for lack of a better word, a joke.

Here's why.

Let's assume you were offered that deal 27 years ago and say you had P10,000 back then. How much money would you have now at 1,131.5% return every year? Note that the reason why I have chosen 27 years is because we will compare it later with LEGIT investments that had recorded data going back 27 years.

The answer is:

Dividend Ex-Dates in the Philippines in the Next Three (3) Months as of 09-Nov-2015

Here's our monthly dose of upcoming dividend ex-dates in the next three (3) months. 

"Dividend Ex-Date" is the actual ex-date already announced by the company.

"Next Estimated Ex-Dividend Date" as the name implies, is the estimated next dividend ex-date of the company based on their historical trend of dividend releases.

If you want additional items to be added on this table hit the comment button below and we'll try to get them included next month.

Data as of 09-Nov-15.

Enjoy!

Ticker	Short Name	Market Cap (PhP)	Last Price (PhP)	Dividend Ex-Date	Next Estimated Ex-Dividend Date	Dividend Yield
EEI PM Equity	EEI CORP	6,217,689,088	6	11/27/2015	8/26/2015	6.67
REG PM Equity	REPUBLIC GLASS	1,841,577,216	2.7		11/9/2015	5.56
GLO PM Equity	GLOBE TELECOM	288,051,003,392	2170	11/18/2015	8/12/2015	3.82
PF PM Equity	SAN MIGUEL PUR	22,416,723,968	134.5		11/17/2015	3.57
SLF PM Equity	SUN LIFE FINANCI	949,805,252,608	1554	2/22/2016		3.48
MWC PM Equity	MANILA WATER	49,294,700,544	24	2/29/2016	8/20/2015	3.40
MFC PM Equity	MANULIFE FIN	1,517,885,194,240	770	11/13/2015	8/13/2015	3.12
WEB PM Equity	PHILWEB CORP	29,097,715,712	20.3		11/9/2015	2.96
FPH PM Equity	FIRST PHILIP HLD	38,212,186,112	69		11/13/2015	2.90
SMC PM Equity	SAN MIGUEL	118,212,689,920	49.7	12/28/2015	10/6/2015	2.82
BDO PM Equity	BDO UNIBANK INC	371,828,260,864	102	3/14/2016	12/7/2015	1.18
BPI PM Equity	BANK PHILIPPINE	333,972,668,416	85	12/24/2015	8/5/2015	1.06
JFC PM Equity	JOLLIBEE FOODS	221,200,891,904	206.8	11/24/2015	5/4/2015	0.94
AC PM Equity	AYALA CORP	475,861,352,448	768	12/14/2015	7/6/2015	0.75
PSB PM Equity	PHILIPP SAVINGS	24,025,249,792	100		11/11/2015	0.75
URC PM Equity	UNIVERSAL ROBINA	449,825,701,888	206.2	2/19/2016	2/23/2015	0.73

DISCLAIMER: 

This is not an investment advice and the author shall not be responsible or liable for any trading or investment decisions made based on this information.

The author hereby expressly disclaims any responsibility for any error or inaccuracy in the information.

Top Twenty Five (25) Cheapest Stocks in the Philippines as of 05-Nov-15

The "Top 25 Cheapest Stocks in the Philippines" is a monthly publication by The Filipino Investor to give investors in the PSE a sense on what are the cheapest stocks at the current market prices. This will be particularly useful to value investors a.k.a. those investors who like to buy companies whose current market price is selling cheap relative to quantifiable metrics such as earnings, sales, book value, dividend etc.

We would like to remind the readers of this website to do due diligence before investing specially on the more iliquid names. Cheers and enjoy!

Note:
1. P/E, EV/EBITDA, P/B, P/S were arranged from lowest to highest (lower the numbers means they are cheaper)

2. DY was arranged from highest to lowest (higher numbers are better/cheaper)

3. Data as of 05-Nov-15