Friday, May 29, 2009

@#$%

After ranting during my last post, I was looking forward to some positive posting. Little did I know Friday would be another one of those @#$% days.

What's worse than being left out of the market?

Knowing what to buy, being held back by fear, then realizing your error after.

I'm talking about MPI. Metro Pacific Investments.

As early as late last year, I was already looking at this stock. It wasn't because of the FS, it wasn't because of the charts. It was purely on gut feel and knowing what kind of businesses they have.

You might say that's a load of crap, but I was really looking at it. Think about it, a tollway business, property (and a possibility of selling Landco Pacific), and more importantly two hospitals.

Followers and readers of my blog for a long time would have read an entry of mine last November regarding healthcare, albeit short. So if I'm bullish on healthcare, naturally I'd be looking at MPI with keen interest.

Last post I said I don't normally hype stocks - and I'm not hyping it now. Because if you've seen its performance yesterday +28% from its Thursday close, then you'll know that hyping is the last thing on my mind.

I was again left out. What's worse, during the morning, I called up my broker, and out of instincts, I said could you check up MPI for me?

@#$@#$#@$#@.

What ever your comments are of this post - or of MPI - what I can say is that in the future, MPI will be big. You will have to take a long view. And with Manny Pangilinan sticking around, MPI might well be Manny Pangilinan's Investments.

In 2006, I kicked myself in the arse because I also made another mistake - with IPVG. During that time it was just doing 1.00.

Crap.

Disclaimer: Again, I'm not offering investment advice for you to buy or sell MPI, or any other stock for that matter. The decision really rests on you. Know what you're getting into first before you take action.

1 comment:

Millionaire Acts said...

Hey bro. I think you're right! MPI increased by 27.84% last trading day.

I think that wherever PLDT invests, it usually increases the value of the stock of that company.

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