Tuesday, 11 November 2014

COSCO as a substitute

We are looking for a good stocks for long term. One hot picks on this blog is PGOLD, slow moving stock but good news hit that the net income in third quarter recovers with 55.5% increase y/y. From 33 buying point to 36 as of 11/11/2014 closing. If you have a sari-sari store business and you always buy groceries on puregold then this stock is for you.

Sometimes, we could have a better substitute, COSCO is another way of owning PGOLD. Third quarter earnings net income grew by 16% contributed to this growth is the LPG business. It recovered from the declined in net income of 6.5% in the first half of the year. Christmas shopping will contribute to the continuous recovery of the Cosco's retail and whisky business.

Another good thing, COL released their target price of 11.50 with potential upside of 45% from 7.90 price level.

Of course, many will ask, what is your recommendation?

BUY with Caveat.

Sincerely yours,


P.S. Any potential losses and gains will be shoulder by the readers.

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