Corporate Earnings

HomeBlogCorporate Earnings

Here’s the first salvo of earnings for the 2nd quarter in the PSE! I already posted the earnings report of MRSGI and so far the stock has bounced from the support after the report. To read more on MRSGI check this out. I really think we will get mixed earnings result for this quarter with some staying within the 10% – 15% growth range, while some will disappoint and we will have a few that will surpass expectations. Our goal is to follow the ones that surpass expectations as they are the ones that will have a lot of buying interest. You have to remember that it’s earnings that would drive the movement of the stock price upward in time. (For those who are not yet into stocks, here’s the basics of stock investing)

Catch me in my live training events! (quick plug)

The heart of why I do this seminars is I want to build a generation of Filipinos with the right foundation in stock investing.  I want to bring smart investing to every Filipino around the world! You are your greatest investment. Invest as much into yourself as you would in other areas. You will never go wrong when you pursue improving yourself.

Stock Smarts Schedules

Here are some of the stocks with good earnings that I mentioned in the video:

Stock: PCOR

Earnings Report: Good
News Item: Net income surged 56%
Income: Income hits 8.2 Billion Pesos
Technicals: The stock needs to stay above 9.80 to stay bullish.Income hits 8.2 Billion Pesos
Target Price: If the stock stays above 9.80 the stock could go to 11.30.
Pessimistic Scenario: If the stock fails to hold above 9.80 it could fall back to 9.5/9.6.

Stock: ALI

Earnings Report: Good
News Item: Net income went up by 18%
Income: Income hits 5.95 Billion Pesos
Technicals: The stock still is enjoying its very strong and long uptrend.
Target Price: If the stock stays above 42, the stock could go to 45.
Pessimistic Scenario: If the stock fails to hold above 42 it could fall back to 39/39.5.

Stock: ICTSI

Earnings Report: Good
News Item: Net income increased by 15%
Income: Income hits 51.9 Million USD
Technicals: The stock is in a long term uptrend but moving sideways for the short term.
Target Price: A bounce from 102.5 will bring the stock to 110.
Pessimistic Scenario: If the stock fails to hold above 102.5 it could fall back to 96.

Stock: SMPH

Earnings Report: Good
News Item: Net income increased by 15%
Income: Income 7.79 Billion Pesos
Technicals: Similar to the stocks above, SMPH is also on a long term uptrend but moving sideways for the short term.
Target Price: A bounce from 33.5 will bring the stock to 35.2. Breakout from 35.2, will bring the stock to 37.5
Pessimistic Scenario: If the stock fails to hold above 33.5 it could fall back to 32.

The stocks with bad and flat earnings are also part of the video.

If you want a more detailed discussion on them I can include them in the next Stocks By Request session! Just a heads up though that’s why RLC, URC and JGS are not doing so well and their stock continues to breakdown its primarily because of the bad earnings result and also because the chart is pointing to a more bearish undertone.

Always follow companies with good earnings as the stock price will always follow companies with good earnings. However don’t just look at the earnings, also follow the trend. Never buy a good company that’s in a downtrend. The goal is to buy a good company that is trending higher. I hope that this blog helps you grow more and more in investing in the stock market. It is my greatest desire to you and more and more Filipinos move from lack into more than enough. I believe we have reached a point where the Philippine will be an economic powerhouse and we all have a part to play in it! I hope to see you in our Stock Smarts events. God bless you and may the stock market bring you closer to your dreams of financial freedom!

I’m excited to share my 5th book overall and the 4th book in the Stock Smarts series, Stock Smarts: Breaking the Resistance – How to time your traders perfectly. The heart of this book is to teach you strategic ways on how to come in and buy and sell stocks in a way where you come as the market is headed up and come out as the market is headed down. The book is now out and exclusive via Marvin Germo Book Orders.
For more details and to order my other books: Marvin Germo Book Orders
Stock Smarts Book

Powered by themekiller.com anime4online.com animextoon.com apk4phone.com