Liquidated last Thursday.

Sold the remaining 10,000 shares of Aboitiz Power Corporation (AP) last Thursday at PhP 5.00 during the height of the Manila Peninsula takeover.

Today's Stock Trade - November 28, 2007

Aboitiz Power Corporation (AP)

open PhP 4.75
low PhP 4.75
high PhP 4.80
close phP 4.80

Volume turnover: 4,591,000 shares
Value turnover: PhP 22,032,550

***The day's trades included cross transactions of more than 2 million shares at the PhP4.75 - PhP4.80 price levels.

PSEi up 12.81 points

Today's Stock Trade - November 27, 2007

Aboitiz Power Corporation (AP)

open PhP 4.80
high PhP 4.80
low PhP 4.70
close PhP 4.70

Volume turnover: 4,159,000 shares
Value turnover: PhP 19,687,000

***The day's trades included a cross transaction of 2,000,000 shares at PhP 4.75 worth PhP 9,500,000

PSEi down 13.10 points

Today's Stock Trade - November 26, 2007

Aboitiz Power Corporation (AP)

open PhP 4.85
low PhP 4.75
high PhP 4.85
close PhP 4.80

Volume turnover: 2,297,000 shares
Value turnover: PhP 11,024,000

PSEi up 42.85 points

Today's Stock Trade - November 23, 2007

Aboitiz Power Corporation (AP)

open PhP 4.80
low PhP 4.80
hgh PhP 4.85
close PhP 4.85

Volume turnover: 4,562,000 shares
Value turnover: PhP 2,122,550

PSEi up 15.50 points

Today's Stock Trade - November 22, 2007

Aboitiz Power Corporation (AP)

open PhP 4.85
low PhP 4.70
hgh PhP 4.85
close PhP 4.85

Volume turnover: 2,958,000 shares
Value turnover: PhP 14,101,850

PSEi down 31.55 points

Today's Stock Trade - November 21, 2007

Aboitiz Power Corporation (AP)

open PhP 4.90
high PhP 5.00
low PhP 4.80
close PhP 4.85

Volume turnover: 972,000 shares
Value turnover: PhP 4,772,750

PSEi down 30.12 points

Today's Stock Trade - November 20, 2007

Aboitiz Power Corporation (AP)

open: PhP 4.95
high: PhP 4.95
low: PhP 4.85
close: PhP 4.90

Volume turnover: 1,249,000 shares
Value turnover: PhP 6,115,050

PSEi down 104.61 points

Today's Stock Trade - November 19, 2007

Aboitiz Power Corporation (AP)

open: PhP 5.10
high: PhP 5.10
low: PhP 5.00
close: PhP 5.00

Volume turnover: 955,000 shares
Value tunover: PhP 4,785,000

*** The day's thin trading volume even included a cross transaction of 200,000 shares at PhP 5.00

PSEi up 46.26 points

News Item on Stock

Manila Bulletin - November 16, 2007

Today's Stock Trade - November 16, 2007

Aboitiz Power Corporation (AP)

open PhP 5.00
high PhP 5.10
low PhP 5.00
close PhP 5.00

Volume turnover: 25,687,000 shares
Value turnover: PhP 128,437,400

***Today's trades include 25,121,000 shares crossed at PhP 5.00 with a value of PhP 125,605,000

PSEi down 73.26 points

Today's Stock Trade - November 15, 2007

Aboitiz Power Corporation (AP)

open PhP 5.00
high PhP 5.10
low PhP 5.00
close phP 5.00

Volume turnover: 10,149,000 shares
Value turnover: PhP 50,752,200

***Today's total trade included cross transactions for 9,000,000 shares at PhP 5.00

PSEi down 9.40 points

Today's Stock Trade - November 14, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 5.00
high PhP 5.20
close phP 5.10

Volume turnover: 20,116,000 shares
Value turnover: PhP 101,959,100

*** Today's trades include cross transactions worth PhP 67,585,100

PSEi up 82.13 points

Today's Stock Trade - November 13, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 4.95
high PhP 5.10
close PhP 5.10

Volume turnover: 19,742,000 shares
Value turnover: PhP 98,760,650

*** Today's trades included several cross transactions of total of 17,936,000 shares at PhP 5.00

PSEi down 18.88 points

Today's Stock Trade - November 12, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 5.00
high PhP 5.10
close PhP 5.10

Volume turnover: 6,856,000 shares
Value turnover: PhP 34,675,900

***Today's trades includes a cross transaction of 3,000,000 shares at PhP 5.10

PSEi down 85.29 points

Today's Stock Trade - November 9, 2007

Aboitiz Power Corporation (AP)

open PhP 5.20
high PhP 5.30
low PhP 5.10
close PhP 5.10

Volume turnover: 4,517,000 shares
Value turnover: PhP 23,110,500

PSEi up 11.56 points

Today's Stock Trade - November 8, 2007

Aboitiz Power Corporation (AP)

open PhP 5.40
high PhP 5.40
low PhP 5.20
close PhP 5.30

Volume turnover: 1,751,000 shares
Value turnover: PhP 9,300,000

PSEi down 96.16 points

Today's Stock Trade - November 7, 2007

Aboitiz Power Corporation (AP)

open phP 5.60
high PhP 5.60
low PhP 5.50
close phP 5.50

Volume turnover: 1,453,000 shares
Value turnover: PhP 8,086,200

PSEi up 14.36 points

Today's Stock Trade - November 6, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
high PhP 5.60
low phP 5.50
close PhP 5.50

Volume turnover: 2,831,000 shares
Value turnover: PhP 15,604,800

Of the day's total trade; 2 million shares were involved in a cross transaction at phP 5.50.

Member redemption - November 5, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
high PhP 5.70
low PhP 5.60
close PhP 5.60

Volume turnover: 5,267,000 shares
Value turnover: PhP 29,949,400

PSEi up 15.84 points

Today, an investment club member had to pull out due to a pressing need. From the current holdings of the club of 14,000 shares, the share of the member is equivalent to 4,000 shares of AP.
The 4,000 shares of AP was sold at PhP 5.70 and the proceeds will go to the member as the full share in the club's investments. The member has indicated a willingness (and is always welcome) to join again in the near future.

****The net amount of the selling transaction is at PhP 22,514.58. For the PhP 20,000 share our member put in; this is a 12.57% gain for a period of a little over 8 months.

Today's Stock Trade - October 31, 2007

Aboitiz Power Corporation (AP)

open PhP 5.40
low PhP 5.40
high PhP 5.70
close PhP 5.70

Volume turnover: 8,379,000 shares
Value turnover: PhP 47,073,800

PSEi down 24.46 points

Today's Stock Trade - October 30, 2007

Aboitiz Power Corporation (AP)

open PhP 5.30
high PhP 5.50
low PhP 5.30
close PhP 5.40

Volume turnover: 7,834,000 shares
Value turnover: PhP 42,488,800

PSEi down 1.45 points

Today's Stock Trade - October 26, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 5.10
high PhP 5.30
close PhP 5.20

Volume turnover: 3,895,000 shares
Value turnover: PhP 20,163,300

PSEi up 17.10 points

Today's Stock Trade - October 25, 2007

Aboitiz Power Corporation (AP)

open PhP 5.20
high PhP 5.20
low PhP 5.00
close PhP 5.10

Volume turnover: 4,500,000 shares
Value turnover: PhP 22,991,700

PSEi up 4.31 points

Today's Stock Trade - October 24, 2007

Aboitiz Power Corporation (AP)

open PhP 5.20
high PhP 5.30
low PhP 5.20
close PhP 5.20

Volume turnover: 2,072,000 shares
Value turnover: PhP 10,826,200

PSEi up 66.30 points

Today's Stock Trade - October 23, 2007

Aboitiz Power Corporation (AP)

open PhP 5.40
high PhP 5.40
low PhP 5.00
close PhP 5.00

Volume turnover: 7,977,000 shares
Value turnover: PhP 41,376,800

PSEi up 29.30 points

Today's Stock Trade - October 22, 2007

Aboitiz Power Corporation (AP)

open PhP 5.40
low PhP 5.20
high PhP 5.40
close PhP 5.30

Volume turnover: 6,252,000 shares
Value turnover: PhP 33,278,300

PSEi down 151.88 points

Today's Stock Trade - October 19, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
low PhP 5.50
high PhP 5.60
close PhP 5.60

Volume turnover: 7,171,000 shares
Value turnover: phP 39,528,000

PSEi up 48.63 points

Today's Stock Trade - October 18, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
low phP 5.50
high PhP 5.60
close PhP 5.60

Volume turnover: 2,187,000 shares
Value turnover: PhP 12,161,900

PSEi up 11.08 points

Today's Stock Trade - October 17, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
low PhP 5.50
high PhP 5.60
close PhP 5.60

Volume turnover: 2,597,000 shares
Value turnover: PhP 14,349,400

PSEi down 55.18 points

Today's Stock Trade - October 16, 2007

Aboitiz Power Corporation (AP)

open PhP 5.50
low PhP 5.50
high PhP 5.60
close PhP 5.60

Volume turnover: 3,866,000 shares
Value turnover: PhP 21,506,500

PSEi down 46.16 points

Today's Stock Trade - October 15, 2007

Aboitiz Power Corporation(AP)

open 5.60
low PhP 5.50
high PhP 5.60
close PhP 5.60

Volume turnover: 2,135,000 shares
Value turnover: PhP 11,923,200

PSEi up 37.18 points

Today's Stock Trade - October 11, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
high PhP 5.60
low PhP 5.50
close phP 5.50

Volume turnover: 7,330,000 shares
Value turnover: PhP 40,315,100

PSEi down 10.51 points

Today's Stock Trade - October 10, 2007

Aboitiz Power Corporation (AP)

open PhP 5.50
low phP 5.50
high PhP 5.60
close PhP 5.60

Volume turnover: 6,710,000 shares
Value turnover: PhP 37,574,300

PSEi up 58.71 points

Today's Stock Trade - October 09, 2007

Aboitiz Power Corporation (AP)

open PhP 5.50
high PhP 5.60
low PhP 5.50
close phP 5.50

Volume turnover: 5,972,000 shares
Value turnover: PhP 32,846,000

PSEi down 97.50 points

Today's Stock Trade - October 08, 2007

Aboitiz Power Corporation (AP)

open PhP 5.40
high PhP 5.70
low PhP 5.40
close PhP 5.50

Volume turnover: 3,996,000 shares
Value turnover: PhP 21,999,400

PSEi up 97.59 points

Today's Stock Trade - October 05, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
high PhP 5.60
low PhP 5.40
close PhP 5.50

Volume turnover: 4,037,000 shares
Value turnover: PhP 22,395,600

PSEi up 0.45 points

Today's Stock Trade - October 04, 2007

Aboitiz Power Corporation (AP)

open PhP 5.70
high PhP 5.70
low PhP 5.60
close PhP 5.60

Volume turnover: 7,238,000 shares
Value turnover: PhP 40,851,300

PSEi up 5.64 points

Today's Stock Trade - October 03, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
low PhP 5.60
high PhP 5.80
close PhP 5.80

Volume turnover: 7,958,000 shares
Value turnover: PhP 45,223,800

PSEi up 92.63 points



News Item on Aboitiz Power Corp:

BusinessMirror - October 03, 2007

Today's Stock Trade - October 02, 2007

Aboitiz Power Corporation (AP)

open PhP 5.30
high PhP 5.70
low PhP 5.30
close PhP 5.60

Volume turnover: 14,714,000 shares
Value turnover: PhP 82,242,800

PSEi up 79.27 points

The price is nearing its Initial Public offer of PhP 5.80. Volume turnover is the biggest in almost a month. Foreign brokerages are observed to be today's heavy buyers.

Today's Stock Trade - October 1, 2007

Aboitiz Power Corporation (AP)

open PhP 5.30
low PhP 5.20
high PhP 5.30
close PhP 5.30

Volume turnover: 821,000 shares
Value turnover: PhP 4,346,300

PSEi up 25.02 points

Today's Stock Trade - September 28,2007

Aboitiz Power Corporation (AP)

open PhP 5.30
low PhP 5.20
high PhP 5.40
close phP 5.40

Volume turnover: 3,590,000 shares
Value turnover: PhP 19,056,900

PSEi down 4.61 points

Today's Stock Trade - September 27, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 5.10
high PhP 5.30
close PhP 5.30

Volume turnover: 2,831,000 shares
Value turnover: PhP 14,776,900

PSEi up 101.76 points

Today's Stock Trade - September 26, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 5.00
high PhP 5.10
close PhP 5.10

Volume turnover: 1,038,000 shares
Value turnover: PhP 5,280,500

PSEi up 35.08 points

Today's Stock Trade - September 25, 2007

Aboitiz Power Corporation (AP)

open PhP 5.00
low PhP 5.00
high PhP 5.10
close PhP 5.10

Volume turnover: 1,172,000 shares
Value turnover: PhP 5,932,700

PSEi up 6.22 points

Today's Stock Trade - September 24, 2007

Aboitiz Power Corporation (AP)

open PhP 5.00
low PhP 4.95
high PhP 5.00
close PhP 5.00

Volume turnover: 663,000 shares
Value turnover: PhP 3,314,850

PSEi up 10.72 points

Today's Stock Trade - September 21, 2007

Aboitiz Power Corporation (AP)

open PhP 5.00
high PhP 5.10
low PhP 5.00
close PhP 5.00

Volume turnover: 4,279,000 shares
Value turnover: PhP 21,418,500

PSEi down 18.65 points

Today's Stock trade - September 20, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 5.00
high PhP 5.10
close PhP 5.10

Volume turnover: 4,236,000 shares
Value turnover: PhP 21,603,200

PSEi up 79.40 points

Today's Stock Trade - September 19, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
high PhP 5.10
low PhP 5.10
close PhP 5.10

Volume turnover: 2,338,000 shares
Value turnover: PhP 11,923,800

PSEi up 73.23 points

Today's Stock Trade - September 18, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
high PhP 5.10
low PhP 4.90
close PhP 4.95

Volume turnover: 1,706,000 shares

PSEi down 17.68 points

Today's Stock Trade - September 17, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 5.10
high phP 5.10
close PhP 5.10

Volume turnover: 390,000 shares
Value turnover: PhP 1,989,000

PSEi up 12.88 points

Today's Stock Trade - September 14, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
high phP 5.10
low PhP 5.00
close PhP 5.10

Volume turnover: 593,000 shares
Value turnover: PhP 3,021,700

PSEi up 5.33 points

Today's Stock Trade - September 13, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
high PhP 5.10
low PhP 5.10
close PhP 5.10

Volume turnover: 716,000 shares
Value turnover: PhP 3,651,600

Today's Stock Trade - September 12, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
high PhP 5.20
low PhP 5.10
close PhP 5.10

Volume turnover: 2,101,000 shares
Value turnover: PhP 10,825,800

PSEi up 39.63 points

Today's Stock Trade - September 11, 2007

Aboitiz Power Corporation (AP)

open Php 4.95
high PhP 5.10
low PhP 4.95
close PhP 5.00

Volume turnover: 1,580,000 shares
Value turnover: PhP 7,928,450

PSEi down 13.11 points

Today's Stock Trade - September 10, 2007

Aboitiz Power Corp. (AP)

open PhP 5.10
high PhP 5.10
low PhP 4.90
close PhP 5.00

Volume turnover: 5,198,000 shares
Value turnover: PhP 25,916,400

PSEi down 51.89 points

Today's Stock Trade - September 07, 2007

Aboitiz Power Corporation (AP)

open PhP 5.30
high PhP 5.30
low PhP 5.10
close PhP 5.20

Volume turnover: 966,000 shares
Value turnover: PhP 5,027,200

PSEi up 6.44 points

Today's Stock Trade - September 06, 2007

Aboitiz Power Corporation (AP)

open PhP 5.20
low PhP 5.20
high PhjP 5.30
close PhP 5.30

Volume turnover: 11,993,000 shares
Value turnover: PhP 63,394,400

PSEi down 15.82 points

Today's Stock Trade - September 05, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 5.10
high PhP 5.40
close PhP 5.40

Volume turnover: 41,085,000 shares
Value turnover: PhP 217,795,100

PSEi up 30.05 points

Cross transactions of more than 35 million shares at a price of PhP 5.30 were observed at a foreign brokerage house.

Today's Stock Trade - September 04, 2007

Aboitiz Power Corporation (AP)

open PhP 5.20
high PhP 5.30
low PhP 5.10
close PhP 5.10

Volume turnover: 7,662,000 shares
Value turnover: PhP 39,513,700

PSEi down 56.84 points

Today's Stock Trade - September 03, 2007

Aboitiz Power Corporation (AP)


open PhP 5.40
high PhP 5.40
low PhP 5.10
close PhP 5.20

Volume turnover: PhP 4,863,000 shares
Value turnover: PhP 25,562,800

PSEi up 3.85 points

Today's Stock Trade - August 31, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
low PhP 5.10
high PhP 5.40
close PhP 5.40

Volume turnover: 7,458,000 shares
Value turnover: PhP 39,128,500

PSEi up 44.95 points

Today's Stock Trade - August 30, 2007

Aboitiz Power Corporation (AP)

open PhP 4.80
low PhP 4.80
high PhP 5.20
close PhP 5.20

Volume turnover: 17,256,000 shares
Value turnover: PhP 86,238,650

PSEi up 110.81 points

Yesterday's Stock Trade - August 29, 2007

Aboitiz Power Corporation (AP)

open PhP 4.75
low PhP 4.60
high PhP 4.80
close PhP 4.75

Volume turnover: 10,125,000 shares
Value turnover: PhP 47,923,000

PSEi down 42.24 points

Today's Stock Trade - August 28, 2007

Aboitiz Power Corporation (AP)

open PhP 4.90
low PhP 4.90
high PhP 4.95
close PhP 4.95

Volume Turnover: 3,006,000 shares
Value Turnover: PhP 14,830,250

PSEi up 44.83 points

Today's Stock Trade - August 24, 2007

Aboitiz Power Corporation (AP)

open PhP 4.90
high PhP 4.90
low phP 4.75
close phP 4.85

Volume turnover: 18,429,000 shares
Value turnover: PhP 89,104,950

PSEi down 22.21 points

Today's Stock Trade - August 23, 2007

Aboitiz Power Corporation (AP)

open PhP 4.70
low PhP 4.70
high PhP 5.10
close PhP 4.95

Volume: 15,571,000 shares
Value: PhP 75,499,500

PSEi up 89.69 points

Today's Stock Trade - August 22, 2007

Aboitiz Power Corporation (AP)

open PhP 4.45
low PhP 4.35
high PhP 4.55
close PhP 4.55

Volume turnover: 3,937,000 shares
Value turnover: PhP 17,678,350

PSEi down 28.06 points

Today's Stock Trade - August 21, 2007

Aboitiz Power Corporation (AP)

open PhP 4.30
low PhP 4.30
high PhP 4.50
close PhP 4.45

Volume turnover: 15,151,000 shares
Value turnover: PhP 66,581,900

PSEi up 283.18 points

Today's Stock Trade - August 17, 2007

Aboitiz Power Corporation (AP)


open PhP 4.00
high PhP 4.35
low PhP 3.95
close PhP 4.00

Volume turnover: 27,263,000 shares
Value turnover: PhP 111,275,050

PSEi down 57.97 points

Today's Stock Trade - August 16, 2007

Aboitiz Power Corporation (AP)

open PhP 4.30
high PhP 4.30
low PhP 3.80
close PhP 3.90

Volume turnover: 38,912,000 shares
Value turnover: PhP 151,255,550

PSEi down 188.03 points

Stock resumes trading - August 15, 2007 ( A case of very bad timing)

Aboitiz Power Corporation (AP)

open phP 4.85
high PhP 4.85
low PhP 4.35
close phP 4.35

PSEi down 133.22 points (-4.08%)

News Article on Company Buy-IN

BusinessMirror - August 14, 2007


Trading of shares of Aboitiz Power Corporation (AP) remain suspended in the Philippine Stock Exchange (PSE).

Company wins Bid - Trading Suspended (August 13, 2007)

Aboitiz Power Corporation (AP) in a disclosure to the Exchange (Philippine Stock Exchange), dated August 10, 2007, disclosed that:


"Aboitiz Power Corporation signed today a share purchase agreement with STEAG GMBH, concluding its successful bid for a 34% stake in STEAG State Power, Inc. The winning bid tendered by Aboitiz Power Corporation was US$ 91, 910,000.00...."


The Exchange implemented a trading suspension on AP shares effected at 10:00 am today (August 13, 2007), pending the disclosure by the corporation of the complete terms and conditions of the above-mentioned transaction, in connection with the requirements of section 5 of the revised disclosure rules on disclosure for substantial acquisitions.

Today's Stock Trade - August 10, 2007

Aboitiz Power Corporation (AP)

open PhP 4.70
low PhP 4.65
high PhP 4.90
close PhP 4.85

Volume turnover; 7,924,000 shares
Value turnover: PhP 38,208,900

PSEi down 103.24 points

Today's Stock Trade - August 09, 2007

News item on first -half performance of Aboitiz Power Corporation

Philippine Star - August o9, 2007

Aboitiz Power Corporation (AP)

open PhP 4.85
low PhP 4.85
high PhP 5.10
close PhP 5.00

Volume turnover: 6,841,000 shares
Value turnover: PhP 34,455,900

Today, there was also a block sale of 212,336,000 shares of AP at PhP 5.80 for a total value of PhP 1.231,548,800.


PSEi up 9.29 points

Today's Stock Trade - August 08, 2007

Aboitiz Power Corporation (AP)

open PhP 4.60
low PhP 4.55
high PhP 4.85
close PhP 4.80

Volume turnover: 20,629,000 shares
Value turnover: PhP 96,806,350

PSEi up 27.57 points

Today's Stock Trade - August 07, 2007

Aboitiz Power Corporation (APC)

open PhP 4.35
low PhP 4.35
high PhP 4.85
close PhP 4.75

Volume turnover: 7,431,000 shares
Value turnover: PhP 34,613,850

PSEi up 91.35 points

Exercise of over-allotment option

Aboitiz Power Corporation (APC) was informed by UBS AG (UBS), the Sole Global Coordinator and Bookrunner of the international offering of APC's common shares, that pursuant to the provisions of the international Underwriting Agreement dated June 30, 2007, UBS exercised its over-allotment option for an additional 48,533,565 common shares of APC at the price of PhP 5.90 per share.

Source/Reference: Disclosure of Aboitiz Power Corporation to the PSE dated August 03, 2007

Today's Stock Trade - August 06, 2007

Aboitiz Power Corporation (AP)

open PhP 4.40
high PhP 4.40
low PhP 4.20
close PhP 4.30

Volume turnover: 15,347,000 shares
Value turnover: PhP 65,536,100

PSEi down 95.25 points

Today's Stock Trade - August 03, 2007

Aboitiz Power Corporation (AP)

open PhP 4.80
high PhP 4.80
low PhP 4.50
close PhP 4.60

Volume turnover: 9,910,000 shares
Value turnover: PhP 46,107,000

PSEi down 6.78 points

Today's Stock Trade - August 02, 2007

Aboitiz power Corporation (AP)

open PhP 5.00
high PhP 5.00
low PhP 4.60
close PhP 4.80

Volume turnover: 8,217,000 shares
Valuue turnover: PhP 39,586,000

PSEi down 67.43 points

Today's Stock Trade - August 01, 2007

Aboitiz Power Corporation (AP)

open PhP 5.10
high PhP 5.10
low phP 4.90
close PhP 5.00

Volume turnover: 41,022,000 shares
Value turnover: PhP 206,813,900
Cross transactions: PhP 122,607,400

PSEi down 74.75 points

Today's Stock Trade - July 31, 2007

Aboitiz Power Corporation (AP)

open PhP 5.20
hig PhP 5.30
low PhP 5.10
close PhP 5.10

Volume turnover: 5,427,000 shares
Value turnover: PhP 28,149,9000

PSEi up 33.74 points

Today's Stock Trade - July 30, 2007

Aboitiz Power Corporation (AP)

open PhP 5.30
high PhP 5.30
low PhP 5.10
close PhP 5.10

PSEi down 51.30 points

Today's Stock Trade - July 27, 2007

Aboitiz Power Corporation (AP)

open PhP 5.40
high PhP 5.40
low PhP 5.30
close PhP 5.30

Volume turnover 29,543,000 shares
Value turnover PhP 158,062,200

PSEi down 140.92 points

Today's Stock Trade - July 26, 2007

Aboitiz Power Corporation (AP)

open PhP 5.50
high PhP 5.60
low PhP 5.50
close PhP 5.50

Volume turnover: 28,376,000 shares
Vlue turnover: PhP 156,074,500

PSEi up 14.17 points

Today's Stock Trade - July 25, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
high PhP 5.60
low PhP 5.50
close PhP 5.50

Volume turnover: 12,963,000 shares
Value turnover: PhP 71,330,500

PSEi down by 60.73 points

Today's Stock Trade - July 24, 2007

Aboitiz power Corporation (AP)

open PhP 5.60
high PhP 5.60
low PhP 5.50
close PhP 5.60

Volume turnover: 11,424,000 shares
Value turnover: PhP 63,970,100

PSEi down 31.55 points

Today's stock trade - July 23, 2007

Aboitiz Power Corporation (AP)

open PhP 5.50
high PhP 5.60
low PhP 5.50
close PhP 5.50

Volume turnover: 4, 516,000 shares
Value turnover: PhP 24, 989,000

PSEi down 0.49 points

News on Aboitiz Power Corporation - July 22, 2007

Aboitiz Power Corp. said on Friday it would not bid for the multi-million dollar auction of the Masinloc power plant set by the Philippine government later this month. The group which raised PhP 10.1 bn in its Initial Public Offering (IPO) last week, said it will focus on hydropower and geothermal assets that will be sold by the government in the coming months.
Aboitiz Power distributes about 6% of the total kilowtt-hours sold in the country. Hydropower accounts for more than 60% of the company's generation capacity. In the next three years, it plans to invest PhP 15-20 bn in the power sector.
reference / source: The Philippine Star Business (B-3) - July 22, 2007

Today's Stock trade - July 20, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
high PhP 5.70
low PhP 5.50
close PhP 5.60

Volume turnover: 7,944,000 shares
Value turnover: PhP 44,307,200

PSEi up 35.37 points

Today's Stock Trade - July 19, 2007

Aboitiz Power Corporation (AP)

open PhP 5.60
high PhP 5.70
low PhP 5.50
close PhP 5.50

Volume turnover: 10,521,000 shares
Valuue turnover: PhP 58,678,700

PSEi down 31.89 points

Today's stock trade - July 18,2007

Aboitiz Power Corporation (AP)

open PhP 5.60
high PhP 5.80
low PhP 5.50
close pHp 5.60

Volume turnover: 38,920,000 shares
Value turnover: PhP 215, 920,400

News Article on Aboitiz Power Corporation - July 17, 2007

BusinessMirror - July 17, 2007

Today's stock trade - July 17, 2007

Aboitiz Power Corporation (AP)

Aboitiz Power Corporation was again the top traded stock.

open PhP 5.70
high PhP 5.70
low PhP 5.50
close PhP 5.50

Volume turnover 116,151,000 shares
Value turnover PhP 652,395,200

Today's stock trade - July 16, 2007

Today is the listing date of Aboitiz Power Corporation with trading symbol AP. Its IPO price was at PhP 5.80.

Aboitiz Power Corporation (AP)

open PhP 6.20
low PhP 5.70
high PhP 6.20
close PhP 5.80

Volume turnover 139,564,000 shares
Value turnover PhP 822,291,1000

Company IPO update

UPDATE on the Aboitiz Power Corporation Initial Public Offering (IPO)

Philippine Star Business pages - July 13, 2007

Investment Club update - July o6, 2007

After taking profit from the previous stock investment purchase, the club did not make any immediate new investments soon after. The cash on hand of PhP 82197.98 was kept intact despite several tempting opportunities.


The wait was worth it as the club was able to get shares of the Aboitiz Power Corporation Initial Public Offering (IPO).

Cash--------------------------------PhP 82197.98
Aboitiz IPO 14,000 shares
at PhP 5.80/share-------------------(81,200.00)


Cash balance-----------------------PhP 997.98


The listing date is on July, 16, 2007.

Invest Club - Net Asset Value (NAV) - June 18, 2007

On Friday, we sold 28,000 shares of TBGI at PhP 2.85 for a total gross amount of PhP 79, 800 and less transaction costs, the net amount was :

------------------------------------PhP 78,852.77

add the cash balance-----------------3,345.21

TOTAL-------------PhP 82,197.98



Starting amount of investment / club fund was PhP 70,000. So since the start of the Investment Club about three and a half months ago, the fund has a profit of 12,197.98 or 17.42%.


The Club fund Net Asset Value NAV is PhP 82,197.98 / PhP 70,000 is now at PhP 1.174 per unit of participation. ( An investment of PhP 10,000 is now at 11,742.56 and a PhP 20,000 participation is now PhP 23,485.14.)

SOLD - June 15, 2007

TBGI

Volume turnover 19,120,000 shares

low PhP 2.42
high PhP 2.90
close PhP 2.65

PSEi up 42.67 points.




Sold today the holdings of the investment club of 28,000 shares TBGI at PhP 2.85

Today's stock Trade - June 14, 2007

TBGI

Volume turnover 1,512,000 shares

low PhP 2.32
high PhP 2.50
close PhP 2.44

PSEi up 84.80 points

Today's Stock Trade - June 13, 2007

TBGI

Volume turnover 3,746,000 shares

low PhP 2.22
high PhP 2.55
close PhP 2.36

PSEi down 27.78 points

Today's stock trade - June 12, 2007

TBGI

Volume turnover 543,000 shares

low PhP 2.22
high PhP 2.26
close PhP 2.22

PSEi up 44.37 points

Today's stock trade - June 08, 2007

TBGI

Volume turnover 221,000 shares

low PhP 2.14
high PhP 2.20
close PhP 2.20

PSEi down 2.06 points

Today's stock trade - June 07, 2007

TBGI

Voleme turnover 1,161,000 shares

low PhP 2.18
high PhP 2.30
close PhP 2.18

PSEi down 41.68 points

Today's stock trade - June 06, 2007

TBGI

Volume turnover 1,723,000 shares

low PhP 2.14
high PhP 2.34
close PhP 2.28

PSEi down 37.67 points

Today's stock trade - June 05, 2007

TBGI

Volume turnover 48,000 shares

low PhP 2.12
high PhP 2.14
close PhP 2.12

PSEi down 14.80 points

Today's stock trade - June 04, 2007

TBGI

Volume turnover 200,000 shares

low PhP 2.10
high PhP 2.14
close PhP 2.10

PSEi up 75.59 points

Today's stock trade - June 01, 2007

TBGI

Volume turnover 101,000 shares

low PhP 2.10
high PhP 2.14
close PhP 2.14

PSEi up 72.68 points

Today's stock trade - May 30, 2007

TBGI

Volume 90,000 shares

low PhP 2.06
high PhP 2.18
close PhP 2.06

PSEi down 54.07 points

Today's stock trade - May 29, 2007

TBGI

Volume turnover 69,000 shares

low PhP 2.06
high PhP 2.10
close phP 2.10

PSEi up 9.06 points

Moving Averages
10-day m.a. - PhP 2.11
30-day m.a. - PhP 2.20
200-day m.a. - PhP 2.23

The closing price today of PhP 2.10 is below the 10, 30 and 200-day mooving averages.

Today's stock trade - May 28,2007

TBGI

Volume turnover 310,000 shares

low PhP 2.14
high PhP 2.16
close PhP 2.14

PSEi up 1.80 points

Today's Stock Trade - May 25, 2007

TBGI

Volume traded 724,000 shares

low PhP 2.02
high PhP 2.14
close PhP 2.14

PSEi down by 29.01 points

Moving Averages (m.a.s)
10-day m.a PhP 2.10
30-day m.a PhP 2.20
200-day m.a. PhP 2.22

Today's stock trade - May 24, 2007

TBGI

Volume turnover 1,426,000 shares

low PhP 2.02
high PhP 2.10
close PhP 2.02

PSEi up 4.21 points

Today's stock trade - May 23, 2007

TBGI

Volume turnover 1,343,000 shares

low PhP 2.04
high PhP 2.10
close PhP 2.04

PSEi down 38.47 points

Today's stock trade - May 22, 2007

TBGI

Volume 181,000 shares

All trades were at PhP 2.10

PSEi up 38.69 points.

The stock's 10-day moving average (m.a.) at PhP 2.15 is now trailing its 30-day and 200-day m.a.s which are both at PhP 2.21. The last traded price at PhP 2.10 is below these moving averages.

Today's stock trade - May 21, 2007

TBGI

Volume 136,000 shares

low PhP 2.12
high PhP 2.16
close PhP 2.12

PSEi up 17.16 points

Today's stock trade - May 18, 2007

TBGI

Volume 177,000 shares

low PhP 2.12
high PhP 2.18
close phP 2.18

PSEi up 31.49 points

The day's stock trade - May 17, 2007

TBGI

Volume 342,000 shares

low PhP 2.10
high PhP 2.12
close PhP 2.12

PSEi up 8.49 points

Today's Stock Trade - May 16, 2007

TBGI

Volume 365,000 shares

low PhP 2.10
high PhP 2.14
close PhP 2.10

PSEi up 0.47 points

Today's Stock Trade - May 15, 2007

TBGI

Volume 340,000 shares

low PhP 2.12
high PhP 2.16
close PhP 2.12

PSEi up 44.12 points

Today's stock trade - May 11, 2007

TBGI

Volume 1,963,000 shares

low PhP 2.08
high PhP 2.26
close PhP 2.10

PSEi up 22.40 points.

Volume turnover increased but the stock closed near its low. Current price levels must hold.

Today's Stock Trade - May 10, 2007

TBGI

Volume 120,000 shares

low PhP 2.22
high PhP 2.28
close PhP 2.24

PSEi down 3.77 points

Today's stock trade - May 09, 2007

TBGI

15,000 shares were traded at PhP 2.20. (PSEi up by 12.03 points).

Today's stock trade - May 08, 2007

TBGI

There was a single trade of 5,000 shares at phP 2.20. (The PSEi close up by 4.06 points.)

Today's stock trade - May 07, 2007

TBGI

Volume 1,078,000 shares

low PhP 2.10
high PhP 2.28
close PhP 2.16

PSEi up 51.41 points

The price chart gap was closed. Of the total volume traded, 1,000,000 shares were sold by a single broker.

Today's stock trade - May 04, 2007

TBGI

Volume 130,000 shares

low PhP 2.22
high PhP 2.4
close PhP 2.22

PSEi up 6.95 points


Volumes are now again low and trading scarce. The PhP 2.18 - PhP 2.24 price gap is partially closed.

Today's stock trade - May 31, 2007

TBGI

Volume turnover 590,000 shares

low PhP 2.04
high PhP 2.12
close PhP 2.10

PSEi up 76.12 points

The day's stock trade - May 03, 2007

TBGI

Volume 50,000 shares

low PhP 2.30
high PhP 2.30
close PhP 2.30

PSEi down 0.46 points

Stock Trades April 30 - May 02, 2007

TBGI

April 30, 2007

Volume 50,000 shares

low PhP 2.30
high 2.30
close 2.30

PSEi down 47.65 points




May 01, 2007

LABOR DAY - No Trading




May 02, 2007

TBGI has No Trade

PSEi up 1.26 points

Today's stock trade - April 27, 2007

TBGI

Volume 107,000 shares

low PhP 2.30
high PhP 2.36
close PhP 2.36

PSEi down 31.96


The stock is again trading with very thin volumes. If the drop continues, the price gap at the PhP 2.18- PhP 2.24 may be attempted to be closed.

Today's stock trade - April 26, 2007

TBGI

Volume 655,000 shares

low PhP 2.36
high PhP 2.44
close PhP 2.38

PSEi up 40.91 points.

The current uptrend is broken. Another run up to challenge the Php 2.50 level is needed to sustain its recent price rally.

Today's stock trade

TBGI

Volume 2,963,000

low PhP 2.42
high PhP 2.55
close phP 2.42


The stock is still not able to hurdle the PhP 2.50 price resistance and closed at its day's low. But a good indication is that it again traded with hefty volumes.

Today's stock trade

TBGI

Volume 584,000 shares

low PhP 2.42
high PhP 2.46
close PhP 2.42

PSEi down 27.08 points


Volume was now drastically lower and trading range narrowed. Immediate support is at PhP 2.36-2.38.

Today's stock trade - April 23, 2007

TBGI

Volume 3,635,000 shares

low PhP 2.38
high PhP 2.55
close PhP 2.44

PSEi up 64.25 points

The breakout uptredn is still intact. It established higher low(PhP 2.38) and high prices (PhP 2.55) and still have hefty volumes. The PhP 2.50 resistance must be broken convincingly to reach higher levels.

Today's stock trade and CHART - April 20, 2007

TBGI

Volume 8,004,000 shares

low PhP 2.24

high PhP 2.50

close PhP 2.40

PSEi up 16.70 points

The stock broke out of its month long consolidation with a very high volume. Momentum may carry it through to challenge the initial resistance at the PhP 2.50 level then at PhP 2.65.

If this is easily hurdled then the Php 2.90 then PhP 3.15 price resistance levels may be attempted and tested.

Chart from Technistock Corp.

Today's stock trade - April 19, 2007

TBGI

Volume 207,000 shares

low PhP 2.14
high PhP 2.18
close PHp 2.18

PSEi down 57.22 points

The stock price is poised to break out of a month long consolidation. Any price movement should be accompanied by volumes. Yesterday, the 10, 30 and 200-day moving average (m.a.) converged at PhP 2.12. Today the 10 and 200 day m.a.s crossed over the 30 day m.a.
If the price rally progresses above the previous high of php 2.22, the initial target is the PhP 2.26 - 2.30 price gap and then the PhP 2.40 -PhP 2.46 price gap.

Today's stock trade - April 18, 2007

TBGI

Volume 131,000 shares

low PhP 2.12
high PhP 2.14
close PhP 2.12

PSEi down 22.89 points



The company has set its Annual Meeting on May 30, 2007.

Today's Stock Trade - April 17, 2007

TBGI

Volume 1,118,000 shares

low PhP 2.08
high PhP 2.14
close PhP 2.14

PSEi up 50.31 points

* Today's trade included a cross transaction of 1,000,000 shares at PhP 2.08 by the broker HDI Securities.

Today's Stock Trade

TBGI

Volume 28,000 shares

low PhP 2.14
high PhP 2.14
close PhP 2.14

PSEi up 50.79 points

Stock Trade - April 11 -13, 2007

TBGI

The stock traded within the PhP 2.08-2.14 range during the trading days of April 11 -13. It closed at PhP 2.14 on April 13 (FRIDAY).

It is with keen interest that we wait for information and updates what role the company will play in the proposed National Broadband network and the implementation of the Cyber Education program which has an already approved funding.

Today's stock trade - April 10, 2007

TBGI

Volume 18,000 shares

low PhP 2.12
high PhP 2.12
close PhP 2.12

PSEi up 10.19 points

Today's stock trade - April 4, 2007

TBGI

Volume 64,000 shares

low PhP2.08
high PhP 2.10
close PhP 2.10

PSEi up 46.23 points

Today's stock trade - April 3, 2007

TBGI

Volume 170,000 shares

low PhP 2.04
high PhP 2.14
close PhP 2.14

PSEi up 18.40 points

* the stock (TBGI) had no trade yesterday ; April 2, 2007. Its previous close was atPhp 2.10

Today's Stock Trade - March 30, 2007

TBGI

Volume 115,000 shares

low 2.10
high 2.12
close 2.10

PSEi up 51.83 points

Today's Stock Trade

TBGI

Volume 255,000 shares

low 2.08
high 2.14
close 2.14

PSEi down 11.94 points

Today's stock trade

TBGI

Volume 184,000 shares

low 2.08
high 2.12
close 2.10

PSEi down 11.09 points

Today's Stock Trade

TBGI

Volume 14,000 shares

low 2.10
high 2.14
close 2.14

PSEi up 24.71 points

Today's stock trade - March 26, 2007

TBGI

Volume 246,000 shares

low 2.06
hig 2.10
close 2.08

PSEi down 20.01 points

The day's stock trade - March 23, 2007

TBGI

Volume 61,000 shares

low 2.12
high 2.14
close 2.12

PSEi down 8.27

Today's stock trade - March 22, 2007

TBGI

Volume 178,000 shares

low 2.10
high 2.12
close 2.10

PSEi up 87.85 points


BusinessMirror News Article
An article came out today and reported that the Interagency Investment Coordination Commitee (ICC) approved the Department of Education's PhP 26.48 billion Cyber Education project.

................."the Cyber Education project is a way of using distance education to promote equal access to high quality education, including those in rural remote communities" the ICC said............

The DOE will get the proceeds of a Chinese government soft loan of PhP 22.77 billion, with PhP 3.73 billion balance covered by the Philippines' counterpart contribution. It is also working out a grant component of as much as $1 million for education courseware and training.

The project is a 5 year program with satellite-based equipment, computers and digital accessories for 37,794 schools outside first- and second-class cities as well as 665 alternative learning system centers for out-of-school youths and adults.

reference: BusinessMirror frontpage - March 22,2007 "P26-B cyber ed scheme approved"



This could be a project which may and can make use of the expertise and proficiencies of the company Transpacific Broadband Group Int'l. Inc. (TBGI).

Today's stock trade - March 21, 2007

TBGI

Volume 99,000 shares

low 2.10
high 2.16
close 2.10

PSEi up 51.09 points

Today's stock trade - March 20, 2007

TBGI

Volume 91,000 shares

low 2.12
high 2.18
close 2.12

PSEi down 2.07 points

Today's stock trade - March 19, 2007

TBGI

Volume 40,000 shares

low 2.12
high 2.14
close 2.12

PSEi down 20.87 points

Value Per Unit of Participation - as of March 17, 2007

Starting Fund: PhP 70,000

less Buying Price ( including transaction costs) for 28,000 shares:
PhP 66,654.79
Average cost per share: PhP 2.3805

Cash : PhP 3345.21


Stock portfolio: 28,000 shares X 2.18 / share = PhP 61040

Value of fund: PhP 64,385.21 / 70,000 units of investment
PhP 0.9197 / unit of investment

Club fund is down 8.02% so far.

Today's stock trade - March 16, 2007

TBGI

Volume 51,000 shares

low 2.18
high 2.20
close 2.18

PSEi up 18.64

Stock steady despite big drops in the local stockmarket

TBGI

-----------------March 14 -----------March 15

Volume------10,000 shares-------24,000 shares

low-----------2.14------------------2.14
high----------2.14------------------2.20
close---------2.14------------------2.16

PSEi-------down 107.68----------down 30.67


Trading volume however has not yet picked up.

Stock starting to recover

TBGI

Volume 402,000 shares

low 2.04
high 2.14
close 2.14

PSEi up 57.00 points

Stock trades - March 9 and 12

TBGI

--------------------March 9--------------March 12
Volume--------302,000 shares-------223,000shares
low-----------------2.04-------------------2.02
high----------------2.10-------------------2.06
close---------------2.06-------------------2.06

PSEi-----------up 71.45 points-------up 25.14 points

Market breaches the 3100 level - March 8, 2007

The market not only held strong above the 3,000 key index level but tested the next resistance at 3,100. With the DJIA advancing modestly by68.25 points, local investors had confidence to buy strongly in the market and push it to higher levels.

PSEi previous close 3028.37 (March 7, 2007)

time--------up---------PSEi

9:30------21.54

11:01-----83.73--------3112.10

12:01----71.45--------3099.82


Gainers outnumbered losers 102 to 19. All sectors advanced.

Todays' stock trade - March 8, 2007

TBGI

Volume 422,000 shares
low 2.00
high 2.10
close 2.10

PSEi -34.89 points

Today's stock trade - March 7, 2007

TBGI

Volume 451,000 shares
low 2.10
high 2.18
close 2.12

PSEi +89.99 points

Past Disclosure on stock (II)

DCL # 5753: Possible implication of implementation of E.O. 266
Company Reviews - Activities (04 Dec-2006 PSE)

The impending implementation of Executive Order 266 otherwise known as Strong Republic School (SRS), a distance learning school has exponentially expanded the market potential of TBGI. TBGI estimate that this executive order covers approximately 30,000 public schools which require a full rollout budget of PhP 10.0 for internet connectivity and computer laboratories. TBGI is strategically positioned to grab a big chunk of the market created by EO 266. To begin with, TBGI has an existing franchise for telecommunications satellite which is valid up to year 2023. There have been queries from other entities whether TBGI is willing to allow them to participte in the use of TBGI franchise for their on-going businesses or expansion programs. TBGI's internet connectivity via satellite is specifically suited for schools in remote areas that cannot be linked by other means. TBGI has already 156 private schools linked up all over the country availing of this facility including the Roman Catholic Church, which we feel is a great privelege of TBGI contributing to education and social welfare in this country. TBGI considers education and helth care as its contribution to corporate social responsibility from among its business activities. These two business growth areas will propel TBGI to bigger roles in the Philippines economy as it expands its reach via a major portal that will provide a wide array of web-based services. TBGI financial condition has shown significant improvement over the past quarter because of collection of major receivables from its clients. TBGI management expects the company to further improve its financial condition and profitability because of existing operations, new projects in the pipeline, and possible tie-ups with other majors.

Source: Technistock

Past Disclosure on stock

News: DCL # 5710: Ongoing negotiations to enter into a Memo. of Agreement
Company Reviews-Activities (29 Nov 2006 PSE)

Transpacific Broadband Group International, Inc. has ongoing negotiations to enter into an agreement with Philippine Retirement Industry (PRI), the private sector initiative counterpart of the government's Philippine Retirement Authority (PRA), to accelerate through ICT the country's major participation in servicing the US$1 trillion global Retirement and Medical Tourism Industry. To create higher value for its shareholders, Transpacific is expanding beyond its core market of servicing schools and hundreds of thousand students into a) technology integration and healthcare provider 'supply chain' b) the launch of interactive medical and beauty processing portal and gateways, to serve the high net worth US, Japan and European aging baby boomers.


Source: Technistock

Today's stock trade - March 6, 2007

TBGI

Volume 168,000 shares
low 2.06
high 2.10
close 2.06

PSEi -24.61 points

Stock moves lower with the markets

The past two trading days (Friday and Monday) had the market falling by nearly 200 points.


March 3, 2007 (Friday)
PSEi -49.78 points

TBGI
Volume 22,000 shares
low 2.30
high 2.40
close 2.36

March 5, 2007 (Monday)
PSEi -142.46

TBGI
Volume 101,000 shares
low 2.04
high 2.26
close 2.10

Company Profile of Stock Investment

BUSINESS PROFILE

Transpacific Broadcast Group International, Inc. (TBGI) is a duly registered Clark Special Economic Zone (CSEZ) corporation which aims to contribute for national development through information and communication technology and internet connectivity delivered in rural areas. It contracted a 25-year Congressional Telecom Franchise and Lease Agreement to build, maintain and manage a satellite earth station within the CSEZ. TBGI was incorporated on 14 July 1995 and started operations in 1996.

The company offers data services and network reach to schools and video uplink services to local and foreign broadcasting stations via Mabuhay satellite in Clark, Pampanga. It also owns and operates satellite facilities at the former US Air Force Satellite Communications facility in Pampanga. It has 20 studios for media and postproduction services in the Clark Development Corporation Satellite Operations Center. In addition, the broadcast firm provides real time nationwide satellite based video/data feeds with ad insertions, broadband point-to-point delivery, multimedia services, video conferencing, newswires, and remote data center co-location and management.
*Source: Prospectus



This is from the PSE website.

Our first investment - March 01, 2007

The first stock purchase of our investment club was made today.

The stock is Transpacific Broadband Group Int'l Inc. (TBGI)


The price chart of TBGI

Chart from Technistock Corp.



Purchase prices:
10,000 shares at 2.34
10,000 shares at 2.36
8,000 shares at 2.40

Today's trade:
High 2.40
Low 2.34
Close 2.36
Volume 246,000 shares

Stock Investment Club

Just started an investment club. Was able to raise funds for investment just last night. Is this perfect timing? We hope that the sudden steep drop in equity prices has given us an opportunity to ride the bull market.


Objectives:

To invest in the Philippine Stock Market starting today.

To at least double the money invested within five years (or to approximate its gains which comes to about 15% per annum). This alone is far above the rate of returns currently available for limited funds in the fixed income market.

The objective is to stay invested for the long term, but initially there will be semi-annual reviews for the direction of the club and members are committed to stay invested for at least 6 mos to one year.

Strategy:

Given the modest amount of capital, the funds will be invested in aggressive growth stocks to be able to maximize returns. It is likely to be invested fully in a single stock for most of the time (or until the funds are enough for diversification into more than just one issue)

A target of 10 to 30% profit gain is the target price for selling.

A cut loss limit is set at 10 to 15%.



Fund Mechanics:

Initial fund is Php 70,000. So at the initial Net Asset Value (NAV) of PhP 1.00 / unit of investment;
Investor A = Php 20,000 or 20,000 units of investment
Investor B = PhP 20,000 or 20,000 units of investment
Investor C = PhP 20,000 or 20,000 units of investment
Investor D = PhP 10,000 or 10,000 units of investment

Future subscriptions will be based on the fund's NAV at time of subscription.
New members will have to be pre qualified and minimum investment is PhP10,000. Subsequent investments will be at a minimum of PhP 5,000.

NAV = Fund Value / No. of shares

The fund will be having a lock out period of one year, and at which time, the fund may be dissolved, dividends may be given, or may be restructured. An existing investor may buy out another investor with the consent of all the other members.

TYPES of FUNDS

STOCK FUNDS (EQUITY FUNDS) : invests primarily in shares of stocks

Stock Funds According to Investment Objectives:

Equity income funds - have current income as their investment objective and are invested principally in common stocks of companies that give relatively high dividends on a regular basis

Growth funds - attempt to obtain long-term growth of investment capital as their primary investment objective. They are usually invested in common stocks of larger, more established corporations (blue chips), the share prices of which are expected to appreciate over the long term.

Aggressive growth funds - pursue maximum capital gains as their primary investment objective. They are invested aggressively in speculative stocks and tend to stay fully invested at all times.

Growth and income stock funds - seek a high level of current income, some capital appreciation, and preservation of capital as their investment objectives.



BOND FUNDS: invest mainly in long-term debt instruments (or bonds)

Bonds Funds According to Investment:

Corporate bond funds
Government bond funds - invested in Treasury Notes, Treasury Bonds and Agency bonds
Municipal funds - invested in general obligation bonds and revenue bonds


BALANCED FUNDS: invest in both shares of stock and debt instruments.
Generally referred to as total return funds because they combine the current income from bonds and the capital appreciation of stocks.


MONEY MARKET FUNDS: invest purely in short-term (one-year or less) debt instruments.
They may be diversified or specialized by type of money market instruments (prime commercial paper, short-term government securities, repurchase agreements, etc.)


SPECIALIZED FUNDS:

Sector funds - concentrate their investments in a single industry (such as energy, technology, utilities, health care and financial services).

Ethical funds - funds that stress ethics and moral principles instead of strict bottom-line considerations by selecting securities according to various political or social criteria.

Index funds - aim to match the performances of stock market indices

Global Stock funds / International funds

Investment Company

An Investment Company is a company that pools money from numerous investors through the issuance of its shares to the public.

The pooled funds are then invested by professional managers in various securities according to the investment objectives and policies of the company.

Investment Flowchart:

An Investment Club essentially tries to emulate an investment company as individuals pool their money for a common investment objective.