Stock Update: You Can Buy MEG

Bo recommends another company we can buy shares, its MEG (Megaworld).  Below are the details:

A few weeks ago, I asked you to sell ALI (Ayala Land), so our SAM list went down from10 to 9.   But out of the 9 Stocks, 4 of them have already crossed our Buy-Below-Price—so you can only actually buy 5 Stocks.

Thankfully, we have a new Stock to add to our list.

If you have extra money, you can buy MEG (Megaworld).

AGI (Alliance Global), the mother company, is buying back MEG shares.  That’s always a good sign. That means the mother company thinks that MEG is cheap at this level.

We’ll explain more about MEG in our regular Stocks Update next week.  But in the meantime, you can already buy MEG.

May your dreams come true,

Bo Sanchez

PS. Happy investing!

03/21/2012

SAM Stocks: Target Price (Buy below price)

1. Aboitiz Power AP P37.06 (P32.22)

2. Cebu Pacific CEB P109.20 (P79.43)

3. Energy Devl Comp. EDC P8.36 (P6.64)

4. First Philippine Holdings FPH P107.16 (P77.89)

5. Metrobank MBT P108.00 (P83.07)

6. BPI BPI P80 (P72.3)

7. JG Summit JGS P35 (P28.83)

8. Nickel Asia NIKL P32 (to be defined soon)

9. SM Phil. Holdings SMPH P20 (P17.07)


1 thought on “Stock Update: You Can Buy MEG”

Leave a Reply

Your email address will not be published. Required fields are marked *

eighteen − 11 =