MAX’s portfolio consists of homegrown and international brands such as “Max’s Restaurant”; “Pancake House”, “Yellow Cab”; “Krispy Kreme”; “Jamba Juice”; “Teriyaki Boy”; “Dencio’s”; “Maple”; “Kabisera ng Dencio’s”; “Sizzlin’ Steak”; “Le Coeur De France”; and “Singkit”. As of December 31, 2014, there are a total of 541 outlets across these brands.
If you’re really interested in the most uninteresting stuff, MAXS last quarter’s performance is not really that impressive and I am a Certified Securities Representative and not a business consultant so I don’t really care on how they plan to improve their business.
|Item||Period Ended||Fiscal Year Ended(Audited)|
|Stockholders’ Equity – Parent||4,302,570||5,382,544|
|Item||Current Year (3 Months)||Previous Year (3 Months)||Current Year-To-Date||Previous Year-To-Date|
|Net Income/(Loss) Before Tax||82,218||16,276||434,371||-47,755|
|Net Income/(Loss) After Tax||65,378||5,286||313,116||-31,361|
|Net Income/(Loss) Attributable to Parent||72,641||6,285||320,755||-8,947|
|Earnings/(Loss) Per Share (Basic)||0.09||-0.05||0.41||-0.02|
|Earnings/(Loss) Per Share (Diluted)||0.09||-0.05||0.41||-0.02|
So if you believe that the stock price movement has anything to do with this quarterly data it is really up to you. Rather, let’s look at the company’s stock data since you’re buying the stock and not the underlying fundamentals.
|Issue Type||Common||Outstanding Shares||1,087,082,024|
|Listing Date||Dec 15, 2000||Issued Shares||1,087,082,024|
|Board Lot||100||Free Float Level(%)||31.08%|
|Par Value||1.00||Foreign Ownership Limit(%)||40%|
|Last Traded Price||19.94||Open||20.00||Previous Close and Date||19.80 (Dec 21, 2015)|
|Change(% Change)||up 0.140 (0.71%)||High||20.75||P/E Ratio|
|Value||1,919,463.00||Low||19.88||Sector P/E Ratio|
|Volume||94,900||Average Price||20.23||Book Value|
|52-Week High||35.50||52-Week Low||19.64||P/BV Ratio|
Let’s analyze the price movement from different aspects. Last close price of 19.94 is lower than the average price of 20.23, textbook knowledge tells us that this situation always present a good opportunity. Only 31.08% of the outstanding shares is being publicly traded which is 337,365,093.059 shares and only 94,900 has been traded previously as of this writing which means only a handful is interested to sell and those who already accumulated enough are now currently holding. Even an idiot can figure out what’s going on so who needs a guru?
Lastly, let’s look at the chart
We try to make things as simple as possible not shower you with unnecessary confusing words. MFI indicates that smart money is moving in gradually and drifting away from the oversold level. The Almighty SWAG is waving not just a buy signal but it’s a signal to accumulate. The expected switchover of the Parabolic SAR will confirm the reversal of trend that will attempt to break 25 in about 90-day time period. Cut quick with your cut loss methodology if the plan don’t work out.