Is ALI fundamentally and technically sound to buy based on their March 2020 financial report and current price?

Ayala Land, Inc. (ALI) was formerly the real estate division of Ayala Corporation (AC) and was incorporated on June 30, 1988 to focus on the development of its existing real estate assets. In July 1991, the Company became publicly-listed through an initial public offering of its primary and secondary shares on the Makati and Manila Stock Exchanges.

ALI is engaged in the planning and development of large scale, integrated estates having a mix of use for the sale of residential lots and buildings, office buildings and commercial and industrial lots, leasing of commercial and office spaces and the development, operation and management of hotels and resorts. The Company also develops commercial and industrial parks and is also engaged in property management, construction and other businesses like retail and healthcare. 

Among the Company's subsidiaries are Alveo Land Corporation; Avida Land Corporation; Ayala Property Management Corporation; Makati Development Corporation; North Triangle Depot Commercial Corporation; Laguna Technopark, Inc.; and Ten Knots Philippines, Inc.

As of July 17, 2020, ALI was last traded at 31.7php per share, down by 3.65% from the previous trading. What valuation can we get from their March 2020 quarterly report?

Trailing P/E: 31.7/2.25= 14 Indicating that for every 1php income last 2019, investors are willing to pay or is paying 14php. It is said that an overvalued company would be the one trading at a rate that’s 50 times earnings, or this could be a gauge on how optimistic are investors on this company. A lower P/E may imply low in optimism perhaps due to lower expectation on future earning, or news i.e pandemic that greatly impact investor optimism. 

For a growth rate of 13.6% change in EPS from 2018 to 2019, the PEG ratio would be 14/13.6=1 meaning, investors are paying 14php relative to the growth rate of 13.6% from 2018 to 2019. A PEG ratio of less than 1 is usually considered undervalued, in this case, the market price seems to be just right relative to growth rate 

Price to Book Value per share (P/B) = 31.7/16.39= 1.9, meaning, the current market price per share is around 1.9 times higher compare to the real worth of the company as based on their March 2020 financial report. A P/B of less than 3 is potentially undervalued.

However, due to pandemic, their first 3 months net income dropped by 41%, still fundamentally, based on the parameters above, this share seems to be a good buy. 

However technically, the MACD seems to indicate a bearish momentum. RSI also continues to move to an oversold level. If I’m to buy this share, I’ll wait few more trade to see whether the momentum has a sign of reversal to bullish mode.

Disclaimer: Trade or invest at your own risk.

Paano mag remit online sa I-remit singapore?

Just today nag announce ang MOM na kailangan ng mag pa-appoint muna sa remittance kung ito ay pupunta para mag remit.

Click here to read MOM announcement.

Sa mga kababayan ko na hindi pa alam paano mag remit online sa Iremit gamit ang online platform nila. Ituturo ko sya dito step by step, paano gawin in a hope na sana makatulong kung gusto ng mga kababayan ko na mag remit na hindi pumupunta sa remittance center.

Step 1: E download ang IREMITX application sa apple store kung iPhone user ka. Hindi ko kabisado yung sa Android phone, pero I presume na meron din application ang Iremit dito.

Step 2: Pag na download muna, mag join ka, then, e reredirect ka ng application papunta sa registration page, sundan mo lang yung instruction, note na ipapa picture sayo yung NRIC mo at mag papa take ng selfie to verify na ikaw yung nandun sa NRIC.

Step 3: Pag naka register ka na, mag sign in ka sa account mo, e reredirect ka sa dashboard page kung saan makikita mo ang mga features ng application, click or choose send money, makikita mo yung current na exchange rate and details na kailangan mo e fill up.

Step 4: Pag na click mo ang service mode, makikita mo ang mga option, tulad ng credit to bank account, cash pick up etc. Pag e-click mo naman ang payment method, meron dalawang option, (1) online transfer at (2) ATM cash deposit. Pag prefer mo ang online transfer, kailangan mo e transfer sa iremit dbs account yung amount na e re-remit mo, at kailangan yung dbs account na gagamitin mo sa pag tranfer papunta sa iremit account ay nakapangalan sayo. Kung wala ka naman dbs account na sarili mo, pwede mo piliin ang ATM cash deposit, dito my specific requirement sila, dapat ang total amount mo ay divisible by 10sgd, ibig sabihin, dka pwede magpadala ng 105sgd, or 115sgd and so forth.

Step 5: Pag natapos muna yung step 4, click mo lang ang next, e re-redirect ka sa page below, then add mo yung benefeciary mo, fill up mo lang yung mga kailangan e fill up.

Step 6: Pag ok na yung step 5, click next, e reredirect ka sa paymet instruction as below, depende sa payment method mo, para sa ATM cash deposit, refer to the left, kung online transfer naman, refer to the right, please read the important notes also, after reading, click next para e direct ka sa confirmation page, kapag ok na lahat, click confirm. After that, you will receive an email about your transaction, by then, within 24 hours dapat ma transfer mo or ma deposit mo sa iremit account yung pera e reremit mo. Once confirmed na ng Iremit yung deposit na usually tumatagal ng isang oras more or less, makaka receive ka ng electronic receipt ng successful remittance, then tapos na. Usually, the same day marereceive ng beneficiary mo yung padala mo, weekdays or weekend man

Side note: Ito ba ang best option para sa OFW as online remittance para iwas crowd? Para sa akin, kung my DBS account ka, meron din silang service na remittance, no fees pa sa DBS, medyo mas mababa nga lang yung palitan sa DBS remittance, pero dahil my service fee na 4sgd sa iremit, mas napapamahal ka pa actually sa iremit kaysa DBS at least in my experience. Ang nakita ko lang na advantage sa iremit is that, kahit weekend or holiday pag nagpadala ka sa kanila, usually ma receive agad ng pinadalhan mo within the day. Sa DBS naman, since walang banko sa sabado at lingo, next working day pa ma cre-credit sa pinadalhan mo.

Sa pag tatapos, sana makatulong ito sa mga kababayan nating OFW na nag tratrabaho dito sa Singapore, para iwas crowd.