Jaycee De Guzman
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Pepsi-Cola Products Philippines, Inc. (PSE:PIP) closed at ₱1.91 per share as of 03:30 PM GMT+8 on December 17, 2019. It went up by 0.53 percent.

The Total Turnover Value was ₱23,114,320.00. The local traders were the main drivers of PIP today.

Foreign investors registered a Net Foreign Buying worth ₱900,600.00. They are net buyers year-to-date, but their participation is insignificant.

The immediate support is near ₱1.85, while the immediate resistance is near ₱2.17.

Our 10SMACD combo is bullish.

PIP’s risk level is extremely high due to its historical volatility score of 171.49 percent.

Trade-Volume Distribution Analysis

Last Price: ₱ 1.91
VWAP: ₱1.90822
Dominant Range: ₱1.9 – ₱1.91

The Momentum Power Indicator of PIP is bullish because all 4 of 4 elements are bullish.

True Market Sentiment – EOD

True Market Sentiment on PIP as of Dec-17-2019 at 03:30PM, with a last price of ₱1.910
True Market Sentiment: BEARISH
2 of the top 10 brokers registered a positive Net Amount
5 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1.9107
Top 10 Players’ Selling Average: ₱1.9077
Bonus Info:
3 out of 24 participants or 12.50% of all participants registered a 100% BUYING activity
14 out of 24 participants or 58.33% of all participants registered a 100% SELLING activity

True Market Sentiment – WTD

True Market Sentiment on PIP from Dec-16-2019 to Dec-17-2019 at 03:30PM, with a last price of ₱1.910
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
2 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1.9029
Top 10 Players’ Selling Average: ₱1.9062
Bonus Info:
3 out of 29 participants or 10.34% of all participants registered a 100% BUYING activity
13 out of 29 participants or 44.83% of all participants registered a 100% SELLING activity

True Market Sentiment – MTD

True Market Sentiment on PIP from Dec-02-2019 to Dec-17-2019 at 03:30PM, with a last price of ₱1.910
True Market Sentiment: BEARISH
4 of the top 10 brokers registered a positive Net Amount
3 of the top 10 brokers registered a higher Buying Average than Selling Average
Top 10 Players’ Buying Average: ₱1.5913
Top 10 Players’ Selling Average: ₱1.7844
Bonus Info:
4 out of 60 participants or 6.67% of all participants registered a 100% BUYING activity
21 out of 60 participants or 35.00% of all participants registered a 100% SELLING activity

Recommendations

Do you have PIP in your portfolio already?

Know that the Korean conglomerate Lotte Chilsung Beverage Co. Ltd. is acquiring 57.78 percent of the outstanding shares of PIP. Lotte already owns 38.88 percent of PIP. Once the tender offer is finished, they will have owned 96.66 percent of the company. The Philippine Stock Exchange strictly requires that all publicly-listed companies must maintain a public float of at least 10 percent. If this is not maintained, PIP can be delisted from the Exchange. We don’t advise buying more shares of PIP at this point. Accept the tender offer instead. The tender offer started on December 12, 2019 and will run until January 15, 2020.

You don’t have PIP yet but are you planning to enter a new position?

We also don’t advise entering a new position on PIP at this point due to the tender offer mentioned above.

If you’re one of our subscribers, ask for our latest analysis and recommendation in our Private Clients Forum when you notice a significant change in price or volume.

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Note: This is Mr. Jaycee De Guzman’s “The Evergreen Strategy in Trading and Investing in the Philippine Stock Market”.
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✅ Lesson 3: how to know the true market sentiment
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✅ Lesson 6: how to sell more logically and less emotionally

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