Put Some Breaks on That Renewable Energy Is the Future Cliche!

“RE is the future!”

“RE is the way to go!”

Traders that screams this on top of their lungs now were probably not yet around the stock market 7 or 8 years ago.

7 or 8 years ago ay mas grabe ang hype sa RE.

Renewable energy talks ay present na back in 2008 with the renewable energy act.

The Renewable Energy Act of 2008 provides the legal and institutional framework necessary for harmonising policies on the development of renewable energy technologies. The Act aims to enable the Philippines to move rapidly towards its goal of being 60% energy self-sufficient by 2010 by developing and utilising resources such as solar, wind, hydropower, ocean and biomass energy.

• seven-year income tax holiday and tax exemptions for the carbon credits generated from renewable energy sources.
• 10% corporate income tax, as against the regular 30%, is also provided once the income tax holiday expires.
• 1.5% realty tax cap on original cost of equipment and facilities to produce renewable energy.

Nasundan pa ito nung 2011 ng The National Renewable Energy Program (NREP).

Yung EDC nga talaga yung pinakagrabe magpush ng RE noon.

Baka nga di mo na rin inabot ang EDC kasi kahit pa bluechip ito or nabelong sa PSEi ay nagpadelist ito way back 2018.

(https://www.thinkgeoenergy.com/philippines-edc-to-be-delisted-from-stock-exchange-after-november-29-2018/)

Lahat halos nagtry magventure sa RE nung sobra itong hot even those na ang primary business nila ay di naman related sa RE.

MRC: (https://news.abs-cbn.com/business/04/07/15/mrc-allied-venture-renewable-energy)

Now ay unti-unti na namang nagkakaroon ng RE talks and let me caution you na although nag aadvance nga tayo sa RE at patuloy nga tayo nag-iimprove pagdating sa Renewable Energy ay hindi ganun ang nangyayare sa stock market.

Yung hype around it will come then it will go away.

Ganyan sa PSE.

2016 was “agri year.”

Vita, Ani, Cal,etc.

2018 was “telco year.”

ISM, VUL,ECP, etc.

Pandemic was all about retail and medicine related stocks.

Baka iniisip mo na may pattern at cycle ha. Hindi yan ang point ko.

Ang point ko is iwasan mong magaya sa mga nagkaloss ng malaki dahil sa pag iisip na “ito ang future!”

Konti na lang ang may mga sapat na experience ngayon na active sa trading community kaya konti na lang din ang nakapagbibigay ng advice at tips na galing sa experience.

Approach trading properly. Have a good trading system and stock to it.

Lahat ng nakikita mo na hype ngayon ay naihype na yan noon.

Si ION na patok na patok now ay umabot na yan ng 4 pesos noon at mas matindi pa jan ang hype. Literal na yung mga traders ay umaattend ng ASM tapos sabay picture at hype sa mga groups ng napag-uusapan sa ASM.

Paramihan pa nga ng kain sa ASM at padamihan ng naattend na ASM ang in back in the day.

Let me show you what it looks like kapag may maayos ka na trading system at approach.

I earned 3 Million pesos in trading last week.