Thursday, February 21, 2013

Congratulations PSE for the new record :All time High 650000

For four consecutive sessions the Philippine Stock Exchange has breach an all time high of  6500 , a new record for the Philippines proving the strength of our economy and the investors confidence as a whole.
All the newspapers from around the globe is stating the bullishness of the stock market as the year 2013 started, indeed its a prosperous New Year to all.

For those who have bought the right stock earlier a toast is welcome .  Two of my favorites are Metro Pacific Investment  (MPI) of the Manny Pangilinan group and  Henry Sy's  SMDC /SMPH.

SMDC_20Feb2013


With the news about the merger of SMDC with SMPH into one property conglomerate , SMDC stocks soared to as high as 50 % from its previous price of  P 6.00 /share before closing at P 8.85 today. I would like to congratulate all my fellow investors who took this wild ride up gaining one of my best trades so far .



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