Model Portfolio

The model portfolio consists of stocks that we recommend in our monthly strategy report, COLing the Shots. Stocks in the model portfolio have favourable fundamentals, and are expected to be the major beneficiaries of the prevailing macroeconomic trends.
Important Disclaimers

Securities recommended, offered or sold by COL Financial Group, Inc. Are subject to investment risks including te possible loss of the priniciple amount invested. Although information has been obtained from and is based upon sources we believe to be reliable, we do not gurantee its accuracy and it may be incomplete or condensed. all opnions and estimates consititute the jugement of COL's Equity Research Departments as of the date of the report and are subject to change without notice. This report is for informational puposes only and is not intended as an offer or solicitation for the purchase or sale of a security. COL Financial and/or its employees not involved in the preparation of this report may have investments in securities or derivatives of the companies mentioned in this report, and may trade them in ways different from those discussed in this report.
TERMINOLOGY

Price - Last traded market price for the company or index.

COL FV - COL Fair Value is a company's estimated worth or fair market value as computed by various ways specific to its industry (i.e DCF, NAV, P/BV, P/E). If there is a COL Rating on the issue, then the assessed value is given by COL, otherwise a price following a N/A COL rating would refer to consensus estimates given by a number of other analysts tracked by Bloomberg.

Date of Update - The date when the rating (BUY, HOLD or SELL) and/or fair value estimate was established.

Buy Below - Based on the judgement of the analyst covering the stock, the Buy Below price is a level at which capital appreciation potential is already attractive relative to the fair value estimate. Any price below the Buy Below price is considered an attractive level to buy the stock.

Outstanding Shares - Also referred to as Issued Shares, this number acknowledges the number of shares currently held by shareholders. This includes shares held by public and those restricted or held by the company's officials and insiders.

Market Capitalization - Market Capitalization is computed by multiplying its Outstanding Shares by its market price. It is the value that an entity would theoretically have to pay to buy the entire company.

Revenues - Revenues is the amount of sales a company registers in a period. Increasing revenues is key to a company's growth. This is also known as a company's top line.

Revenue Growth - Revenue growth is the rate at which a company's sales or top line is increasing annually.

Net Income - Net Income is the amount a company earns in a period. This is also known as net profit, earnings or a company's bottom line.

Net Income Growth - Net Income Growth measures the annual increase of net profit or earnings. Earnings growth = (Current Net Income - Previous Period Net Income)/Previous Period Net Income. Companies that can generate accelerating earnings growth are considered even more attractive. As a performance measurement, earnings growth is a useful tool in identifying companies that deliver higher returns for shareholders.

Earnings Per Share (EPS) - Earnings per share is the amount of net profit for each outstanding share.

Earnings Per Share Growth - EPS growth is the percentage increase in EPS from one year to the next. An increasing growth rate in EPS can be a catalyst to aggressive upward action in market prices.

PE Ratio (P/E) - The PE ratio is the most commonly used valuations measure. It shows how much is paid for each unit of earnings. The PE of a stock describes the price of a share relative to the earnings of the underlying asset. The lower the PE, the less you have to pay for the stock, relative to what it earns. PE is also considered a relative valuation measure.

Price/Sale Ratio (P/S) - A valuation ratio that compares a company’s stock price to its revenues. The price-to-sales ratio is an indicator of the value placed on each dollar of a company’s sales or revenues. It can be calculated either by dividing the company’s market capitalization by its total sales over a 12-month period, or on a per-share basis by dividing the stock price by sales per share for a 12-month period. Like all ratios, the price-to-sales ratio is most relevant when used to compare companies in the same sector. A low ratio may indicate possible undervaluation, while a ratio that is significantly above the average may suggest overvaluation. Abbreviated as the P/S ratio or PSR, this ratio is also known as a "sales multiple" or "revenue multiple."

Price/Book (P/B) - A ratio used to compare a stock's market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share. A lower P/B ratio could mean that the stock is undervalued. However, it could also mean that something is fundamentally wrong with the company. As with most ratios, be aware that this varies by industry. This ratio also gives some idea of whether you're paying too much for what would be left if the company went bankrupt immediately.

Trailing Twelve Months (ttm) - The timeframe of the past 12 months used for reporting financial figures. A company's trailing 12 months is a representation of its financial performance for a 12-month period, but typically not at its fiscal year end. Since quarterly reports rarely report how the company has done in the past 12 months, TTM tends to be calculated manually or found on various websites.

Most Recent Quarter (mrq) - A time notation denoting the measurement of a performance metric (such as earnings) using data from the previous quarter. Analysts use most recent quarter figures to determine how a metric has changed over time. MRQ information is found on a company's financial statements.

Dividend Yield - The dividend yield is a measure of the return on investment that the dividend gives. It is the dividend per share divided by the price per share.

PEG (for current fiscal year) - The PEG (or Price earnings growth) ratio compares the PE ratio to the growth rate. A lower ratio is "better" ("cheaper") and a higher ratio is "worse" ("expensive"). The PEG ratio can offer a suggestion of whether a company's high PE ratio reflects an excessively high stock price, or is a reflection of promising growth prospects for the company.

Price to Book value (P/BV) - Price to book value is calculated by dividing the Market capitalization by the latest book value (book value is simply total assets minus liabilities.) It measures the amount paid for each peso of book value, which is the same as stockholder's equity. P/BV is also considered a relative valuation measure.

ROE (for current fiscal year) - Return on Equity is the return on investment that the company is generating on funds invested by stockholder's. It is computed by dividing net income by stockholder's equity.

TECHNICAL GUIDE

Recommendations:

BUY - an up trend showing an ongoing upward drive
HOLD - stay with what you have or, if without a position, wait for a BUY
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TAKE PROFITS - suggests a reduction in position as a loss in upward momentum may trigger a consolidating reaction or pullback to support
RANGE TRADE - proposes a trading buy from rebounds off supportive areas
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LIGHTEN - reduce positions as range rallies seem to be tapering off
SELL - a down trend showing a continuing downward drive
SELL INTO STRENGTH - a down trend showing a technical rally that may offer better prices to sell to, especially if it nears next resistance