Some of my previous picks last March 2013 already appreciated significantly. Today, I give another list of stocks which I believe have great potential.
First a disclaimer: What I'll write below is just my personal opinion. The state of market right now is very unpredictable, plus May is just around the corner (there is a saying "Sell in May and walk away!") so take these recommendations with utmost caution and analysts say we're still due for a major correction, but nobody knows for sure what will happen, so might as well put some of my money in my picks:
CPG
Century Properties already released its financials and at P2.04 per share, its P/E is at 10.7. I believe the stock is undervalued and may reward greatly if you hold it long term. The company is expected to earn P3B by 2015. I believe CPG is one of the "rising companies" of the Philippines.
EDC
If you can get this below P6.4 per share then I believe it's a good deal. Its sell down due to Bacman problem may be overly done, and at a technical point of view, the upside is great. But personally, I don't like the management of EDC, FGEN, LPZ and related companies... if you know what I mean.
AEV
Among the blue chips / companies in the PSE index, Aboitiz Equity Ventures has one of the lowest P/E of 12.5 at its current price of 54.3. One thing to note with Aboitiz companies is they are not very popular, I think they should do more PR and commercials for people to notice and invest in them.
VLL
Vista Land released its financials and its P/E is very low which means it's a very good deal. Warning though: This April, VLL's stock price already increased from P5.4 to P6.07 but even at P6.07 the P/E is 11.8, still relatively low so there's still opportunity to buy.
My strategy in this kind of market (very unpredictable) is to have 50% cash, and the other 50% I do averaging on my picks. E.g. buy 10% of my picks now, then if the price goes down significantly buy another 10% and so on. Maybe I'll allocate if stock prices go down in May or if there's a big correction.
I just hold what I have 'til maybe end of the year or next.
