Transpacific Broadband Group Int’l. Inc. (TBGI) was initially incorporated in 1995. It started operations in 1996, engaging in the business of public commercial radio, terrestrial, cable, and satellite broadcast.
TBGI currently holds a 25-year Congressional Telecom Franchise for commercial telecommunications operations.
Market Cap.: PHP 1.37 Billion
Subsidiaries:
• None
Sector: Services
Subsector: Information Technology
Earnings Highlights:
• Revenues grew by 1.00 percent in the year 2017 versus 2016.
• Net Loss attributable to parent for the year ended December 2017 stood at 4.57 million.
For the first quarter of the year, consolidated revenues reached PHP 8.57 million. Gross expenses, however, were higher at PHP 8.68 million, resulting in a loss of PHP 328,987 for the first three months.
TBGI’s chairman informed the board that it needed to raise funds through private placement of up to 40 percent of the company’s common stock to foreign sources. The goal is to take advantage and participate in the thrust of the government to have a third telco in the country.
The following statements were also issued:
TBGI rallied strongly and almost closed at its day highs. The moving averages are bearishly aligned. The 15 EMA, 20 SMA, and 50 SMA acted as support and springboard for the stock.
Volume also supported the rally. MACD is bullish. RSI is also bullish but has hit overbought levels.
Multiple resistance points were breached. Nonetheless, they are now expected to act as support. Immediate support levels are at 0.62, 0.56 and 0.49. Expected resistance is at 0.67 followed by 0.72 and 0.84.
Volume
As of July 12, 2018, at 03:30 PM, the volume of TBGI is 15,409.91% 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
TBGI has an EXTREMELY HIGH-RISK level due to its risk percentage of 137.82%.
Foreign Fund Flow
TBGI registered a Net Foreign Selling worth P6,362,700.00 as of July 12, 2018.
On a 30-day trading period, TBGI is on a Net Foreign Selling worth PHP8,472,250.00.
Top 10 Players’ Sentiment
Trading participants of TBGI with a 100% Buying and Selling Activity as of Jul-12-2018 at 03:30 PM:
6 out of 88 participants or 6.82% of all participants registered a 100% BUYING activity
21 out of 88 participants or 23.86% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 0.5793
Top 10 Players’ Selling Average: 0.5786
The psychological average price of the top 10 players as of Jul-12-2018 is from 0.5786 to 0.5786.
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.
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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.
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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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