PSEi Levels vs. 2020 Forecast P/E Ratio

The chart below gives context at each Philippine Stock Exchange Index (PSEi) level in terms of 2020 Forecast Price-to-Earnings ratio:

Key take-aways from this chart:

  • At 7,009 current level, we’re actually above the 10-Year P/E Average.
  • How I wish I had enough cash to invest in the market at its super-low of 4,039 points in the middle of March 2020.

Nickel Asia $NIKL reports higher volume but lower Peso revenue in 3Q-2015

Nickel Asia Corporation (PSE: NIKL, RIC: NIKL.PS, BBG: NIKL.PM) reports 12% increase in sales volume for the nine-month period ended September 30, 2015 on a year-on-year basis, but that peso revenue slumped by as much as 40% for that same period YOY. We’ve seen soft metal prices, particularly LME Nickel price and nickel ore prices, in the last year or so, thus a huge drop in NIKL’s and similar mining companies’ revenue.

I’m attaching the press release in full below, but the main points can be summarized in the graphs that follow:

NIKL-Total Volume September YOY 2015 vs. 2014
NIKL-Total Volume September YOY 2015 vs. 2014

Check out more graphs and read the full press release ยป