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Guidance for Stock Market Investing Exclusively for TrulyRichClub Members

Note: To understand the Stocks Update, first read Bo’s e-book, My Maid Invests in the Stock Market.
Click here www.TrulyRichClub.com to download now.

Volume 10, No. 6 March 2018

‘How Much of My Money

Should Be in Cash?’
Many TrulyRichClub Members tell me, “Bo, because of you, I finally have investments. I’m so happy. My money
is growing in the stock market. But I have a question. How much percentage of my money should be in
cash?”
It’s a good question. I’ve always believed in having an
emergency fund. The general rule is to have an amount equal
to three to six months of your expenses. So that no matter what
happens—even if you lose your job—you’ll meet your basic needs
for three to six months, giving you time to get another job or
income stream.
But as you get older and hit my age, I suggest you increase your
emergency fund to twelve months of your expenses.
And as your stock market portfolio grows bigger through the
years, you would want to have 15 to 20 percent of your investible
funds in cash. Here’s why: When the stock market crashes—and this is
predictable because it happens once or twice a year—you’ll have extra
cash to buy when the prices are lower than usual.
That’s how you increase your returns. Over time, this simple strategy will make you very rich.
Happy investing!

May your dreams come true,

Bo Sanchez

P.S. Some TrulyRichClub Members earn passive income every month. You can enjoy passive income too. We’re
having a huge campaign this month. Plus a contest to add to the fun: We’re giving away Macbook Pro, iPad Pro,
iPhone 8, etc. How? Tell your friends to request for a free copy of my book, How My Maid Became a Millionaire. If
someone requests a copy because of your invitation, that person is “tagged” to your account. And if that person joins
the TrulyRichClub, you earn a monthly commission for as long as that person remains a member. Cool, yes? For more
information on how to earn passive income, go to www.trulyrichclub.com/freebook.

Stocks Update Page 1 of 4

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New SAM Table

and MBT Company Update
By Mike Viñas

In the last Stock Alert we sent to you, I promised a new SAM Table with new SAM stocks. Also, it will include
updated Buy-Below Prices, given the recent downturn of the market. So here it is. This includes the return of AC, BDO,
SM, and SMPH to our SAM Stocks List. This is as of March 21, 2018 Closing.

Here’s our SAM Table as of March 21, 2018 closing:

CURRENT BUY-BELOW TARGET

STOCK RECOMMENDATION
PRICE PRICE PRICE

AP  37.50 39.92  49.90  Continue buying 

CEB  96.90 100.24 125.30 Continue Buying 

CHIB 34.90 36.52 42.00 Continue Buying 

MBT 84.15 89.60 112.00 Continue Buying 

MEG 4.64 4.92 6.15 Continue buying 

RLC  19.50 19.88 26.85 Continue buying

AC  916.00 872.00 1090.00 Stop Buying 

ALI 39.75 38.60 52.12 Stop Buying 

BDO 142.00 119.13 137.00 Hold 

GTCAP 1211.00 1188.00 1485.00 Stop buying 

MER 325.40 302.60 348.00 Stop buying

SM 930.50 774.78 891.00 Hold 

SMPH 33.00 30.32 37.90 Stop Buying 

UBP 89.95 87.82 101.00 Stop buying 

CHP 3.62 7.44 9.30 Hold

Company Update: Metropolitan Bank & Trust Company

We will continue our SAM Company Updates and for this issue, we will look into Metropolitan Bank & Trust
Company or MBT.
The company’s fourth quarter 2017 net income declined to P5 billion. This a decrease of 9% compared to the
same period the previous year. This was caused by the absence of one-off gains that was booked in the fourth quarter
of 2016. Its fourth quarter performance in 2017 brought the full-year 2017 earnings to P18.21 billion. This is a bit flat

Stocks Update Volume 10, No. 6 • March 2018 Page 2 of 4

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compared to the 2016 earnings. This is slightly below analysts’ expectations because of weaker-than-expected fees
and trading gains. However, net interest income expanded to P61.4 billion, a 16% increase compared to the same
period in 2016. The bank’s 2017 results translate to a Return on Equity of 9.3%.
MBT’s lending operations continue to be strong, as net interest income during the fourth quarter of last year
went up to P16.1 billion, a 16% improvement compared to the same period in 2016. This brought up the full-year
total to P61.4 billion. This is also up by 16% compared to the same period the previous year. This was in line with
analysts’ expectations. Such growth was caused by both higher volumes and margins. During this period, the bank’s
loan portfolio increased by 19% with commercial and consumer loans growing by 20% and 17% respectively. Based
on COL Research and Truly Rich Club’s estimates, net interest margins improved 20 basis points to 3.2. The increase
in margins was driven by higher asset yields.
However, the bank’s non-interest income in the fourth
quarter of 2017 went down to P4.5 billion. This is a 44%
drop from the same period in 2016. This brought its full-
year total to P22.1 billion, a decrease of 13% from the
fourth quarter of 2016, amidst weaker trading operations.
In detail, the bank posted P186 million trading and FX losses
during the last quarter of the year. This was a reversal of the
P3.9 billion it gained in 2016. For 2017, trading gains dropped to P3.9 billion. This is 53% drop compared to 2016.
Along with this, fee-based income in the fourth quarter of 2017 increased by 10% to P2.9 billion compared to the
same period the previous year. This brought the its full-year figure to P11.08 billion.
MBT’s provisions in the fourth quarter of last year declined by 39% from the same period in 2016. It posted
only P1.6 billion. This added to its full-year figure of P7.5 billion, which is up by 2% compared to 2016. Furthermore,
analysts believe that the bank’s provisions will normalize this year. In addition, the bank’s asset quality also remained
healthy with Non-Performing Loans going down to just 1% as of the end of December 2017.
We continue to recommend Metrobank because analysts expect it to be one of the major beneficiaries of
growing demand for loans due to its size and highly liquid and healthy balance sheet.
I hope this gives you a good idea on the current standing of MBT. I will discuss more of the other SAM companies
in the coming issues.
Stay happy investing in this down market.

Here’s Mutual Fund table as of March 21, 2018 closing:

NAVPS WHEN BOUGHT  CURRENT NAVPS 

FUND CODE FUND ESTIMATED RETURN
( 2016-01-12 ) (as of 2018-03-21)

XPEEQ Philequity Fund 31.0639 39.9028 28.4539%

XPEIF Philequity Index Fund 4.2155 5.4622 29.5742%

Sunlife Prosperity Equity

XSLEQ 3.4805 4.4086 26.6657%
Fund

Stocks Update Volume 10, No. 6 • March 2018 Page 3 of 4

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2017 Top Winners of the TrulyRichClub’s Stocks

Note: The percentage returns cannot be compared between the two tables below. The All-Time Winners table does
not take into consideration a cost-averaging method. The percentage return is only from a buy-and-hold strategy. The
2017 table, however, integrates a cost-averaging method throughout the months it was under the Buy-Below.

ESTIMATED
STOCK TIME PRICE ESTIMATED
STOCKS TIME
SYMBOL RECOMMENDED RANGE RETURN
HELD
October 2013 to March
SM Prime Holdings SMPH 29 Months P16.90 to P21.70 27.95%
2016
September 2015 to June P1,270.00 to
GT Capital Holdings GTCAP 2016 9 Months 22.79%
P1,530.00

January 2016 to April

D&L Industries DNL 3 Months P8.10 to 9.15 12.96%
2016

Top Past Winners of TrulyRichClub’s Stocks

ESTIMATED
STOCK TIME PRICE ESTIMATED
STOCKS TIME
SYMBOL RECOMMENDED RANGE RETURN
HELD
June 2011 to February 2012
 Ayala Land ALI 9 Months P15.09 to P21.65 35%
(3rd week)
Bank of The February 2012 to November
BPI 10 Months P68.45 to P91.00 34.29%
Philippine Islands 2012 (4th week)
February 2012 to December
SM Prime Holdings SMPH 10 Months P12.48 to P17.00 27.75%
2012 (1st week)
January 2013 to April 2013
Meralco MER 3 Months P268.00 to P377.00 28.05%

First Phlippine
FPH June 2011 to June 2013 25 Months P63.18 to P95.20 32.92%%
Holdings
JG Summit
JGS February 12 to October 2013 18 Months P25.75 to P43.50 39.96%
Holdings
D&L Industries DNL February 2013 to April 2014 14 Months P6.45 to P10.00 44%
Banco De Oro BDO April 2013 to August 2014 16 Months P89.60 to P93.00 24%%
SM Prime Holdings SMPH October 2013 to March 2016 29 Months P16.90 to P21.70 27.95%

P1,270.00 to
GT Capital Holdings GTCAP September 2015 to June 2016 9 Months 22.79%
P1,530.00

(Disclaimer: Past performance doesn’t guarantee that you’ll have the exact same results in the future. After all, your
earnings depend on the market’s performance.)

Mike Viñas is an investment trainer of COL Financial Group, Inc. He is a Certified Securities Representative.

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