EDC (Energy Development Corporation), A Tsunami Stock

Since 2009, I have seen the potential of this company because its business is Power, which is rapidly growing in the Philippines. In fact, next year, the total capacity of the all the power plants is at the critical level due to high power demand. Law of supply and demand will favor the companies in these sector but EDC has more advantage. With the oil price expected to surge up due to Middle East revolution and Japan crisis, EDC will be the least affected since its fuel are renewables (Geothermal, Hydro or Water and they will start the Wind next year).

Below is my e-mail to my friends last month, Feb 17 when EDC stocks is at 5.5+ level.

Christmas Sale at PSE

It's 16 days before the end of 2010 and so I have started balancing my assets and portfolio. I have realized that I have surplus cash in my trading account (thanks to the bull run last Oct) and so I'm planning to pull it out and put it in my Bond Funds by mid January next year. I normally check stock price every end of the day and when I check last night, I found that there are some stocks which can be a potential investment and so I decided to postpone my exercise schedule today to observe the market and buy if opportunity comes....it did and a lot....and so I made my own version of Christmas shopping...