WIN was incorporated initially as Republic Resources and Development Corporation to engage in the business mining and oil exploration. After some difficulties in the mining sector in 1980, the company decided to change its name to The Wellex Group, Inc. with the primary business as a holding company.
Currently, the company’s primary purpose is the employment of capital to assist mining enterprises.
Market Cap.: P1.01 Billion
Subsidiaries:
- Plastic City Industrial Corporation (PCIC)
Sector: Holdings
Subsector: Holdings
Earnings Highlights:
- Revenues grew by 16.94 percent in the year 2017 versus 2016
- Net Loss for the year ended December 2017 stood at PHP 18 million
WIN released a statement after the Philippine Stock Exchange requested for a reply on why the stock suddenly moved higher yesterday. The company stated that on June 22, 2018, WIN was notified that the rehabilitation case with its subsidiaries was terminated after the principal borrower paid its loan.
In relation to this, the assets of the subsidiaries with hindrances due to the case will now be released from lien and encumbrances.
This decision will now allow the concerned subsidiaries under WIN to pursue the Memorandum of Agreement with Avida Land, which has not yet been rescinded yet.
For the first quarter of 2018, revenues reached PHP 5.44 million, higher by 47.67 percent versus the recorded PHP 3.68 million. The company, however, saw continued losses at PHP 926,270.
Nevertheless, the figure is better than the recorded PHP 4.99 million loss in the same period last year.
WIN continued to rally and hit immediate resistance today. The moving averages are now bullishly aligned.
Volume supported the rally but was unable to hold the highs of the day. MACD is still bullish. RSI is also bullish but has hit overbought levels. Support is estimated at 0.275 while resistance is expected at 0.33.
Volume
As of July 6, 2018, at 03:30 PM, the volume of WIN is 425.66% of the previous trading day.
Remember the correlation between price and volume.
- bullish price + high volume = high sustainability (price)
- bullish price + low volume = low sustainability (price)
- bearish price + high volume = high sustainability (price)
- bearish price + low volume = low sustainability (price)
Risk Level
WIN has an EXTREMELY HIGH-RISK level due to its risk percentage of 134.57%.
Foreign Fund Flow
WIN registered a Net Foreign Buying worth P957,300.00 as of July 06, 2018. On a 30-day trading period, WIN is on a Net Foreign Buying worth PHP52,600.000.
Top 10 Players’ Sentiment
Trading participants of WIN with a 100% Buying and Selling Activity from Jun-01-2018 to Jul-06-2018 at 03:30PM:
- 5 out of 80 participants or 6.25% of all participants registered a 100% BUYING activity
- 11 out of 80 participants or 13.75% of all participants registered a 100% SELLING activity
- Top 10 Players’ Buying Average: 0.2825
- Top 10 Players’ Selling Average: 0.2815
The psychological average price of the top 10 players from Jun-01-2018 to Jul-06-2018 is from 0.2815 to 0.2815.
What Is the Importance of Knowing the Top 10 Players’ Sentiment?
You need to know the psychological average price of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know the buying average of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know the selling average of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% buying activity.
You need to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% selling activity.
The buying and selling averages of the top 10 brokers are a sneak preview of the range of their collective average price.
If you know the psychological average price of the top 10 brokers who have traded a stock, you can calculate in your mind how much more can they probably afford to hold, relative to their collective risk tolerance, should the stock’s price go south.
This is how we mentor our clients who subscribe to our Top Stock Picks.
Not only do we tell them which stocks to buy and when to sell, but we also update them every day about what happened to each stock that we recommend.
We save our customers a lot of time and heartache.
We show them our data-driven basis so they know what we know.
Our customers are not blind-followers but well-informed investors.
Our customers are better investors than most.
When you ask our customers why they buy the stocks that we recommend, you better get your pen and paper handy.
They will not answer, “Because I was told to buy it.”
They will narrate our data-driven basis like how we narrated the summary of our analysis in this article.
At Equilyst Analytics, our customers learn and earn.
Read this article if you want to become a better investor, too.
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