MER Key Fundamental and Technical Indicator as Mar 02, 2021

Latest news today is that their net core income drop by 9%. I see that technically, the trend seems to be in bearish mode. 

See more on the video;

DITO key Fundamental and Technical Indicator as of March 01, 2021

 

How expensive is BDO fundamentally based on their March 2020 financial report?

BDO Unibank Inc. (BDO), originally known as Acme Savings Bank, was acquired by the SM Group in 1976. BDO listed its shares on the Philippine Stock Exchange on May 21, 2002. The Company merged with Equitable PCI Bank in May 2007. 

BDO offers an array of products and services, i.e. retail banking; lending (corporate, commercial, consumer, and SME); treasury; trust; credit cards; corporate cash management; and remittances. Through its subsidiaries, the Company offers leasing and financing; investment banking; private banking; bancassurance; insurance brokerage; and stock brokerage services.

The Company's local subsidiaries include BDO Private Bank, Inc.; BDO Leasing and Finance, Inc.; BDO Capital & Investment Corporation; BDO Nomura Securities, Inc.; and BDO Insurance Brokers, Inc. The Company also has foreign subsidiaries in the US, Hong Kong, Italy, Japan, Canada, and Macau. The Company's associates include NLEX Corporation; SM Keppel Land, Inc.; Northpine Land Inc.; Taal Land, Inc.; and MMPC Auto-Financial Services Corporation.

As of December 31, 2018, BDO has 1,309 operating domestic branches (inclusive of one branch each in Hong Kong and Singapore), 4,325 automated teller machines and 484 cash deposit machines.

As of June 29, 2020, BDO was last traded at 94PHP per share. Its market price is  41.9% lower from its 52 week high. Is this fundamentally cheap and technically time to buy? 

Trailing P/E = 9.4 Indicating that for every 1php income last 2019, investors are willing to pay 9.4php.

Trailing PEG Ratio = 0.3, meaning, investors are willing or is paying 9.4php for every peso income last 2019 relative to growth growth rate of 35.4% which is the change of EPS from 2018 to 2019. A PEG ratio of less than 1 is considered undervalued.

Price to Book Value per share (P/B) = 1.1, meaning, the current market price per share is just 1.1 times higher that the real worth of the company as based on their March 2020 financial report. Usually, a P/B of less than 3 is considered undervalued.

Technically, the MACD momentum is in selling signal. RSI also is indicating a continuation of selling.  If I’m the investor, I would wait first for a sign of momentum reversal and not enter yet, but fundamentally, this is a good stock to accumulate. 

Disclaimer: Trade or invest at your own risk.

How expensive fundamentally is COL based on their annual report?

COL Financial Group (COL), formerly CitisecOnline.com, Inc., was incorporated on August 16, 1999, and on February 21, 2012, SEC approved the Company's application for the change in company name to the present one. COL engages in the business of brokerage and/or dealership of securities, and to provide stock brokerage services through the internet. 

The Company provides its customers with an array of products and services including full-service online stock brokerage, wide selection of mutual funds in a single platform, professional equity advisory services, investing tools and functionalities, research support, investor education seminars, market updates and information-driven briefings, and customer support.

In April 2017, Daiwa Securities Group, Inc. (Daiwa) acquired 14.9% of COL, giving Daiwa the opportunity to participate in the Philippine retail trading segment. Daiwa is an established financial services firm in Asia.

The Company owns 100% of COL Securities (HK) Limited, formerly CitisecOnline.com Hong Kong Limited, a foreign subsidiary domiciled and incorporated in Hong Kong, which primarily acts as a stockbroker and invests in securities.

As of June 26, 2020, MPI was last traded at 17.5PHP per share. Its market price is  7% lower from its 52 week high. Is this fundamentally cheap and technically sound to buy?

Trailing P/E = 18.2 Indicating that for every 1php income last 2019, investors are willing to pay 18.2php.

Technically, you can see that the MACD is still in bullish momentum, but RSI seems to indicate a peek in overbought indicator, signalling a sell off for profit talking.

In conclusion, P/E seems to suggest overvalued and the graph seems to indicate profit taking. 

If you want to know more about the fundamentals in terms in PEG and Price to book value, message me here.

Disclaimer: Trade or invest at your own risk.

MACD and RSI indicator of MEG Share as of Yesterday

Above is the latest MEG graph. As of yesterday's trading, MEG closed at 3php.

As you can see, for the 6 consecutive tradings, the market price keeps dropping causing the signal line to cross MACD line signaling a selling point, while RSI is in the direction of getting oversold.

What does this entail? Technically, MACD is still in the bullish trend as it still above zero lines, but the direction of its momentum seems to be going down along with the RSI getting oversold. In the next few days, we might see a bounce back.

I’m waiting for the RSI to reach a point of at least 40, I might accumulate more of this. 

My confidence stems from its fundamentals. Based on the market price yesterday.

Price to book value = 0.5 (based on 2019 annual report) Indicating that the current price is half the value of the real worth of the company.

Trailing P/E = 5.5 Indicating that for every 1php income last 2019, investors are willing to 5.5php, usually, this could indicate that the stock is either losing its popularity or undervalued, my bet is the latter.

Trailing PEG Ratio = 0.3 Indicating that for a growth rate of 17.3% (change in EPS from 2018 to 2019), investors are willing to pay 5.5php for every 1php income last 2019. Stocks like this are usually fundamentally undervalued. Typically, you should be willing to pay for every peso income more than the growth rate, but this share seems to indicate otherwise, thus undervalued.

Disclaimer: Trade or invest at your own risk.

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