Mean October

Stock	Buy Below	Date Bought	Current Price	Target Price	Average Cost	Return + Dividends	% Of Portfolio
BLUE CHIP STOCKS
BDO	60.00	Sep 6, ‘12	63.10	81.00	60.10	5.00%	2%
ALI	20.00		23.20	22.50	-	0	0%
PGOLD	24.00		30.65	30.00	-	0	0%
EDC	6.00	Sep 6, ‘12	6.25	8.50	5.94	5.25%	2%
TEL	2,600		2,670	3,000	-	0	0%
AGI	11.00		15.14	15.00	-	0	0%
MBT	94.00	Sep 14,’12	92.80	105.00	94.35	-1.65%	0%
SMALL CAP STOCKS
PHES	0.740	Sep 24, ‘12	0.67	2.70	0.73	-8.77%	96%
BHI	0.158		0.145	0.510	-	0	0%
CASH						0	0%
TOTAL						-8.22%	100%
PSEi (Since Sep 6, '12)						5.48%

It looks like there is a lot of liquidity in the market due to the gains made on blue chips stocks recently. Small caps are running havoc in the market now with APM leading the way. October is a mean month in the stock market. Thus, punters tend to play on small caps randomly during this period. Also, fundies have just reported their 3^rd quarter results and are now in position to play with the other stocks for the rest of the 4^th quarter.

The Philippines is expected to remain the most promising economy in Southeast Asia as the country performs better than the regional average, according to UBS Securities.^Inquirer  Well, good news for us especially the stockholders. More foreign investments means more capital and buyers in the market that will push the price of the stocks higher.

BLUE CHIPS STOCKS

EDC – Energy Development Corp., the largest Philippine geothermal company, may form a joint venture to fund as many as six South American projects being developed by Alterra Power Corp. ^{www.renewableenergyworld.com}

TEL – I like the company’s aggressive stance in strengthening its networks and cables. The Supreme Court issued with finality that PLDT’s shares are majority owned by foreigners. ^{GMA Network} However, MVP said the PLDT has prepared for this long ago in anticipation of the ruling. The company will issue 150M voting shares to PLDT Beneficial Trust Fund. ^{Phil Star}

TEL is going nearer our buy below price of 2,600. Nice.

MBT- is being beaten due to its exposure in real estate which is almost 20% of its loan.^{ColFinancial.} Fundamentals still intact though. Nothing to worry. The upside is we can buy more at cheaper prices. 

SMALL CAP STOCK

PHES –I believe that once the JV is signed and the numbers are out, analysts will start to cover this stock and that will be the only time that will push the price high with stability. Right now let the market ignore this stock.

I trust God. I am not afraid. What can mortals do to me? Psalm 56:11