Should I Stay or Should I Go?

The Philippine Stock Market is on the run.  Couldn’t believe that some of  my stocks increase by more than 20% in just 2 months time.

JGS for instance, 2 months ago I bought more of this stock when its price goes down to 25php. Right now it was trading more than 31php, it’s up more than 20% in just 2 months.

2nd is RFM, actually I considered this as a boring stock because of it’s low liquidity. However, with the popularity of Magnun Ice Cream, it’s stock price rise by more than 30% in just 2 months. Also, I just recently read an article from Philstar that because of this Magnun Ice Cream, Selecta company will become much bigger than RFM. Take note that RFM is the mother company of Selecta.

Another is NIKL (Nickel Asia), it’s stock price were up more than 30% in just 2 months. Because of the Indonesia’s ban on Nickel ore exports, NIKL with it’s nickel reserves becomes the beneficiary of this ban in Indonesia.

Of course, there are some lagging stocks in my portfolio like EDC, SMC, PCOR and PX. Sometimes, I was thinking on selling some of my positions in NIKL, and buy SMC, PCOR or EDC.

It may sounds logical, isn’t it?

However, in the stock market, what is high now can go much higher tomorrow, and what is low now can dive much lower tomorrow. Or it maybe the other way around, no one can predict the market anyway.

I still believe that at the end of the day, the fundamental will still weighs the stock. And if you are holding on stocks with good fundamentals then you are a winner.

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Alaska Milk Corporation (AMC) Stock Price Surge

Wonder why Alaska Milk Corporation (PSE Ticker : AMC) surge to 25% in just 1 trading days?

It’s because Royal Friesland Campina (RFC) announced that it’s increasing it’s stake in the AMC from 8.1% to 68.9%.

Royal Friesland Campina (RFC), the leading dairy company in the Netherlands with sales of almost €9 billion and with 19,000 employees operating in 25 countries.

Also, Friesland Campina will launch a tender offer for the remaining outstanding publicly traded shares. As what I read in the news, RFC will launch a tender offer for the remaining outstanding publicly traded shares at an identical price per share of up to P24.

With annual revenues of P12 billion, Alaska Milk has emerged as one of  major players in the Philippine dairy industry. It’s stock price increased by 53 percent in just 3 years period, while the company’s cash dividend yields an averaged 5.4 percent.

For those who are holding Alaska Milk (AMC) in their portfolio, I guess there is only one good phrase to say and it’s their famous slogan for more than a decades  “Wala pa ring tatalo sa Alaska – (Nothing beats Alaska – in English).”

Of course it’s hard to let go of a good company like AMC. Actually, I am planning to hold it for more than 5 years. But with the RFC tender offer of 24php, I guess it’s an offer that I could not refuse.

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