Holcim Cement Philippines stock price could surge up to P16 and P18

Holcim Cement Philippines this is the future in the year 2019 to 2020, this stock price will surge up to P16 to P18 a maximum of 88.62% up from P9.43.

In the monthly chart MACD crossover has just started! umiinit palang, this will be the hot stocks for 3 months.

My bullish bias according to my technical indicators says “It’s a buy”.

My criteria of buying are:

1) MACD crossover (blue line crossover to red line).

2) A total volume of 85.0674 million shares were traded from January 2019 up to 22 February.

3) Stoch RSI (blue line crossover to red line) pointing up.

4) RSI (higher highs, higher low)

5) PSAR break.

Initial target price: P11.00

Strong breakout price: P12.87

Ceiling price: P14.25

Finish line price: P16.96

Bonus price: P18.00 (This price is according to the report collected from my broker COL financial, valuation was based from Holcim Indonesia valuations).

The Holcim stock price bottom was found at 52 week low (P5.70) for 4 months from October 2018 to January 2019.

On January 2019 the Holcim stock price (code: HLCM) open at P5.80. The price surged high at P8.71 and closed at P8.57. A significant total of 47.114 million shares volume traded.

On February 2019 upon market opening the HLCM stock price rose at 3.27% at P8.85 from the previous closing price of P8.57 last month January.

At current stage the HLCM stock price closed at P9.43 on Friday, 22 February 2019.

The breakout price is at P9.47 according to (fibonacci retracement 0.786) from 52 week low and 52 week high.

Did you know that the breakout point price at P9.47 was the breakout point price on the previous years 2010 and 2011.

20190225_Monthly Chart
Holcim Monthly Chart
As per my data analytics the buy and sell activities, a complete collected data from my broker COL financial. A significant huge buying volume at P9.47, P9.50.

Holcim Buy and Sell (Buyers and Seller – malinaw na buyers are dominated). Buyers are willing to buy sa P9.53

While sellers are selling below P9.50.

Huge buyers than sellers.

HLCM buy and sell
Buyers and Sellers
Holcim Buy (pure buying, no selling) – buying price at P8.40 to P9.50.
HLCM buy
Net buyers
Holcim Seller (pure selling, no buying), manipis. This means buyers dominated. Bull wins.
HLCM net seller
Net sellers
HLCM technical guide
COL Financial technical guide as of 20 February 2019

#HOTSTOCK in the Cement Sector 2019!

Catalyst will be the U.S $300 Million (P15Bn pesos) funding for upgrade of it’s cement plant due to the demand of Build Build Build projects of the Duterte Administration.

Pure Technical Chart, Data Analytics, Catalyst Fundamental Analysis.

Holcim Philippines completes upgrade at La Union cement plant – news from Global cement website, published date 22 February 2019

Holcim completes expansion of La Union plant – news from BusinessWorld online website, published date 22 February 2019

Holcim pouring in $300 million to expand cement capacity – news from Philstar website, published date 22 February 2019

Holcim completes La Union expansion – news from Manila bulletin website, published date 23 February 2019

RSA (Ramon S. Ang) to bid for LafargeHolcim’s stake in PH plant, news from Bilyonaryo website, published date 01 February 2019 “Bloomberg reported that Europe’s biggest cement maker is seeking $2.5 billion for its stake in Holcim Philippines. “While Eagle is doing very well on its own, an acquisition will help increase sales,” said Ang.”

Holcim engages DTI, DPWH on support to Build program – news from Holcim website, published date 07 December 2018.

The government has programmed to spend P910 billion in infrastructure this year and double this amount by 2022 to pave the way for a “golden age of infrastructure.”

Appropriations for infrastructure will breach the P1-trillion mark in 2020 with P1.22 trillion or 5.7 percent of GDP to be spent on roads, bridges, airports and railways next year.

Sa pag gawa ng road and bridges ano ang kailangan? Kailangan ang semento…

That’s why nag upgrade na ng facility si HOLCIM, and kailangan pa ng another funding U.S $300M (P15Bn pesos) for upgrade sa Bulacan and Misamis Oriental manufacturing plants.

The government has programmed to spend P910 billion in infrastructure this year and double this amount by 2022 to pave the way for a “golden age of infrastructure.”

Appropriations for infrastructure will breach the P1-trillion mark in 2020 with P1.22 trillion or 5.7 percent of GDP to be spent on roads, bridges, airports and railways next year. Continue reading the news here Philippine government spending P910Bn pesos on infrastructure this year 2019

Building solutions provider Holcim Philippines, Incorporated assured key government stakeholders of its commitment to the robust building activity in the country as it shared the expansion of its La Union cement plant and new technologies for improved local road construction.

On October 26 2018, Holcim Philippines executives toured officials of the Department of Trade and Industry led by Undersecretary for Consumer Protection Ruth Castelo to its La Union plant and briefed the DTI delegation on the company’s support for the strong construction activity in Northern Luzon. Continue reading the news here Holcim engages DTI, DPWH on support to Build program

Prior to this post, I made already my first forecast about this stock and you can find it here PSE Stock Bagger in Cement Sector for the year 2019 to 2020 – HLCM

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