Strategic Sealift Vessel of the Philippine Navy coming without weapon system
Contract for two units of Indonesian PT PAL’s variant of Makassar-class Landing Platform Dock was signed last January 2014.
These Makassar-class LPD will act as Philippine Navy’s Strategic Sealift Vessel when delivered.
With the budget of PhP4 billion or PhP3.864 billion contract price, PT PAL will not be able to build 2 ships completely if weapon and sensor systems are included in the contract.
Weapon and Sensor system will be provided by the Philippine government in a separate acquisition or will temporarily use available resources.
The contractor will only provide basic navigation system.
Why do you think that technical analysis works?
Technical analysis does not negate the use of fundamental analysis and they also agree to the reasons stated because of which the price moves. See the suggested web page. However, what they believe is that all that is known about the asset is reflected in its price. The fundaments studies are fine but the disadvantage is that you will discover the move only after the move is already made. Technical analysis only relies on facts and thus it lets you catch the movement much earlier.
Technical analysis focus on looking at the patterns that let them buy and sell. They look for technical patters that repeat. The historic knowledge is then used to predict what the future price movement of the stock will be. The patterns get repeated because human emotions do not change. In fact the technical chart patterns are formed because of human emotions only. The key emotions that make these chart patterns are greed and fear and this has never changed and also will never change.
There is thus a lot of advantage of trading technically over trading using fundamental analysis. The biggest advantage is the opportunity cost involved when trading using technical analysis. There is a loss of opportunity cost when you trade fundamentally and this is the key benefit of trading using technical analysis.
Currently, PT PAL in coordination with Philippine government is building vessels with specifications provided by Department of National Defense.
Philippine Navy’s Strategic Sealift Vessels can act as the force’s floating command center while carrying out its main purpose as military sealift and transport vessel in events of disasters and calamities.
It will house a Presidential Room and a War Room to accommodate the Republic’s head and other high ranking military officials when need arises.
These sealift vessels will be carrying landing craft utility/mechanized, including the upcoming Amphibious Assault Vehicles (AAV) and attack helicopters.
Each vessel can carry up to 500 troops plus a hundred vessel crew.