PSE short term breakdown, medium term support next target 4-20-2015

USD index, overshoot rally is weakening 4-20-2015

WTIC looks bullish after breakout 4-17-2015

The recent breakout made a 10% advance breaking out of 50 and 54 level.

Expect 1.50 to 2 pesos per liter increase as early as next week.



Analysis and review by tradingchannels.co.uk

HK and China Equity. Kicking in and did 20% in just 4 weeks 4-13-2015

I have been trading HK/ China Equity since 2009. And was always disappointed that after it hit 52week high last 2010, it never revisited above that level.

That's why even though I find HK/China very cheap at only 10x PE and underperforming against Asia peers, I volunteered to set aside and liquidate my investments every time HK equity made some spikes. Because all markets in the world already beat this country in terms of gains.

And now, I think the Asian tiger has been revived and did a whooping +20% in just 4weeks time. And could just be the start. Darn! waited 4years for this one to be alive again.

HK and China also never revisited its 2009 peak, while almost all made new all time highs already.

US Dollar Index. Still in uptrend, but seems to be in correction right now 4-7-2015

UPDATED: Philippine Preferred Shares coupons and maturity 4-6-2015

updated as of April 6, 2015

In relation to our post 9 months ago regarding Philippine Preferred shares, 1 of which unexpected called to maturity (Purefoods preferred PFP), which was clearly indicated in the prospectus that " shares may be optionally called anytime after the 3rd year". Did not expect they need to redeem it asap.

http://theamazingchart.blogspot.com/2014/06/philippine-preffered-stocks-timeline.html

The following are the current available Philippine Preferred shares and their updated call dates:

PRF2A - Petron Preferred 2A series - 5.67% NET - Quarterly*
PRF2B - Petron Preferred 2B series - 6.1725% NET - Quarterly*
PFP2 - Purefoods Preferred - 5.09% NET Quarterly*
MWP - Megawide Preferred - 6.3225% NET Quarterly*
SMC2A - SMC 5year - 6.8% net Quarterly*
SMC2B - SMC 7year - 6.975% net Quarterly*
SMC2C - SMC 10year - 7.2% net Quarterly*
FGENF - FirstGen F Shares - 7.2% net Semi-Annual*
FGENG - FirstGen G Shares - 7.0% net Semi-Annual*
ACPB1 - Ayala Preferred - 4.725% net Quarterly*
ACPB2 - Ayala preferred - 5.0175% net Quarterly*
Globe something - 4%(not sure) SEMI-ANNUAL*

All are listed in the Philippine Stocks Exchange and be tradable until their call date. *Percentage(GROSS/NET) are per annum basis., Quarterly and Semi-Annual written down are dividend payouts per year.

Call Dates listed below*:


2015, SEPT - SMC2A 3rd year OPTIONAL redemption and may call anytime
2017, SEPT - Mandatory Call Date of SMC2A
2017, SEPT - SMC2B 5th year OPTIONAL redemption and may call anytime

2018, JULY - Mandatory Call Date of FGENF
2017, SEPT - Mandatory Call Date of SMC2B
2018, MAR - PFP2 3rd year OPTIONAL redemption and may call anytime
2019 - ACPB2 5th year OPTIONAL redemption (re-setting date)
 2019, SEPT - SMC2C 7th year OPTIONAL redemption and may call anytime
2019, NOV - PRF2A Mandatory 5th year Call Date

2019, DEC - MWP 5th Year Optional Redemption - MAY CALL ANYTIME(Tax Event,Taxation)
2020, MAR - PFP2 Mandatory 5th year Call Date
2021, NOV - PRF2B Mandatory 7th year Call Date
 2022, JULY - Mandatory Call Date of FGENG
2022, SEPT - Mandatory Call Date of SMC2C
2023 - ACPB1 10th year OPTIONAL redemption (re-setting date)
2024 - ACPB2 10th year MANDATORY redemption
2028 - ACPB1 15th year MANDATORY redemption

* listed rates and month/year are the calendar dates I know, please verify exact rates, day, month and year if needed. 
** All have closure that they may extend the Mandatory Call date + some additional %