Another fast way we got over 17.16% in profit in 4 months investing in the stock market using SECB (Security Bank) stocks. Here’s how we did it…
Security Bank had impressed us with their UITF products leading as Number 1 last year surpassing the other Trust experts like BDO, Metrobank and PNB. In addition, SECB has reported a whopping 7.2 billion net income giving them 43% net revenue increase which resulted to a 16.3% Return on Equity. Since then, SECB got our attention because their management team was doing really great.
Of course somehow we wanted to be part of that 16.3% increase on ROE so we included SECB among the stocks that we invest and flip with. SECB stock price was undervalued so we couldn’t miss buying their shares. Their team has made 16.3% ROE last year, it’s very possible they will repeat that again this year or do better. Whichever will be the result, we’re sure it’s INCOME.
And we were right. Just last December, SECB was among the Undervalued Stocks listed in our page until March 2015. As we update the stock prices every day, we noticed SECB was the first or second stock that moves up the most. SECB stock price likes dancing and climbing up the chart every other day.
SECB Stocks Investment 17.16% Profit in 4 months
Assuming we invested for 4 months (Dec-Mar) and selling after Holy Week when SECB reached its TP of 175. Its price is 177 today.
If you’ve invested SECB stocks following our flipping strategy, you would have gotten around 17.16% gains from the total amount you have invested for SECB. Assuming you are buying 40 shares of SECB every month, you would have gained P 4,148 when you sold the shares at its price today, 177. It’s higher than our Target Price of 175.
Congrats with that earnings! Now you can also invest other stocks worth buying right now and continue your own strategy. Again, that is awesome! Isn’t it amazing when you earn some money effortlessly without a fund manager? Learn more skills as you continue your investing journey.
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