Monthly Archives: October 2011

Economic View: Weekly Summary (October 24-28, 2011)

WEEKLY SUMMARY: Germany, France and the rest of EU agree to boost the lending power of the euro-zone bailout fund, as well as recapitalization of European banks; world rejoices; end of times averted. Rally cries in US and Europe triggered … Continue reading

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PSEi Performance – Gainers, Losers, Most Active – 10/28/2011

DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR MADE AVAILABLE TO OTHERS. UNDER NO CIRCUMSTANCES IS IT TO BE CONSIDERED AS AN OFFER TO SELL OR A … Continue reading

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Corporate News: Abacus Consolidated Resources & Holdings, Inc. (ABA)

Abacus Consolidated Resources & Holdings, Inc. (ABA) agreed to invest between US$1.0 million to US $3.0m with Lite Aviation Holdings Limited of Indonesia (LAH). LAH owns 49% of Lite Airways, a small domestic airline operator set to begin operations 2Q12. … Continue reading

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Corporate News: Aboitiz Power Corp. (AP)

Aboitiz Power Corp. (AP)’s wholly-owned subsidiary Therma Luzon, Inc. bagged a Power Supply Agreement with Benguet Corp. (BC). Therma Luzon will supply BC’s energy requirement for its mining operations in Itogon, Benguet province until 2032. Long-term Buy. DISCLAIMER: THE MATERIAL … Continue reading

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Corporate News: Philex Mining Corp. (PX)

Philex Mining Corp. (PX) reported a 9M11 core net income of PhP3.98bn, up 72% from the same period last year, on higher production and rising metal prices. Consolidated revenues for the period reached PhP11.8bn, up 37% from 9M10, as gold … Continue reading

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Corporate News: IP E-Games Ventures (EG)

IP E-Games Ventures (EG) signed an agreement with Viet Thai International Joint Stock Company of Vietnam to get franchising rights, trademark, brand and trade name of Highlands Coffee brand. EG is looking to operate coffee shops possibly in tandem with … Continue reading

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Market Summary and Outlook: October 28, 2011

Expectations of a European Union rescue of its member debt-ridden Greece lifted share prices across the board Thursday. The PSEi main index gained 42.74 points, or 1.01% higher from Wednesday, to close at 4,267.50 on moderate trading volume. Investors rightly … Continue reading

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DISCLOSURE: ABACUS CONSOLIDATED RESOURCES & HOLDINGS INC. [pse: ABA]

DC 2011-7462 “MOA with Lite Aviation Holdings, Ltd.” The Company entered into and executed a Memorandum of Agreement with a Singapore and Indonesia based airline advisory firm, Lite Aviation Holdings, Ltd. (LAH), the foreign partner managing Lite Airways, which is … Continue reading

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Daily View: WEEK 43, TD 209-210, October 27-28, 2011

MARKET ACTION: October 27, 2011, Thursday THE PSEI traced a pattern it has drawn over the recent sessions, surging off the opening bell but holding steady over a narrow band near the day’s top thenceforth. Half-an-hour before the close, the … Continue reading

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PSEi Performance – Gainers, Losers, Most Active – 10/27/2011

DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR MADE AVAILABLE TO OTHERS. UNDER NO CIRCUMSTANCES IS IT TO BE CONSIDERED AS AN OFFER TO SELL OR A … Continue reading

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