As with my first post, I am including below the analysis from www.typhoon200.com.ph.
Looking at meteorological data I can find on the net tells me that there is a low chance for this to fully develop into a tropical cyclone. If it does, however, it won't be as strong as super typhoon Pablo (Bopha) that hit the Philippines about 3-weeks ago. The sad part here is that if it does develop further, it'll be on us, Cebu included, around Christmas.
For now, let's pray that it does not develop so that we all have a merry Christmas. I'll be watching this disturbance, so stay tuned!