Monthly Archives: December 2014

Market Daily for Tuesday, 23 December 2014

December 23, 2014 HIGHLIGHTS: Philippines balance of payments surplus down 43% in 3Q14 External debt to GDP ratio improves to 6.4% in 3Q14 from 8.2% DMC to sell its 24.3% stake in TPLEX concessionaire for PhP1.8bn URC to sell ethanol … Continue reading

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Market Daily for Friday, 19 December 2014

December 19, 2014 HIGHLIGHTS: Foreign portfolio investment inflows rise in November CPG says uptake at its Pampanga project hit PhP1.6bn RCB sells 20% to Cathay Life Insurance of Taiwan for PhP64/share APO buys additional stake in miner UPM Valuation table … Continue reading

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Market Daily for Thursday, 18 December 2014

December 18, 2014 HIGHLIGHTS: ADB cuts Philippines 2014 GDP forecast to 6.0% from 6.2% NEDA sees 4Q14 GDP to picking up pace but miss full year target GERI launches Holland Park in Southwoods City BPI to buy 49% stake in … Continue reading

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Company Update: PETRON CORP (PCOR)

PCOR DEC 2014 Oil refiner could see further margin declines ahead as oil prices continue to fall this quarter. 9M14 EBITDA margin of 3.2% (from 4.2% in 9M13) to shrink due to a 37% fall in oil prices from end-September; … Continue reading

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Market Daily for Tuesday, 16 December 2014

December 16, 2014 Remittances in October rises 6.9% to US$2.5bn, up 6.7% year to date DOF sees more Philippine rating upgrades DD to open its first CityMall in Roxas City AGI expects better growth from units next year DMPL posts … Continue reading

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Accord Capital Highlight, December 15-19, 2014

History will be tested this week — practically the second to the last week of trades for 2014. Although the market will still open after Christmas, it will only be for a day — December 29 — before going into … Continue reading

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Accord Capital Daily Highlight, December 12, 2014

CORPORATE DEVELOPMENTS 1. ROXAS HOLDINGS, INC. [pse: RHI] Board of Directors Approves MOA with GPBC 2. AYALA LAND, INC. [pse: ALI] North Triangle Investment Raised 3. BLOOMBERRY RESORTS CORPORATION [pse: BLOOM] Arbitration Tribunal Oder For the full research, click here: DECEMBER … Continue reading

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Market Daily for Friday, 5 December 2014

December 5, 2014 HIGHLIGHTS: CMT to sell shares for acquisition of two nickel miners Singapore’s Arran Investment completes investment in EMP EDC’s Bacman Unit 2 gains additional output after upgrade AP to spend US$700m for expansion of Visayan power plants … Continue reading

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Market Daily for Thursday, 4 December 2014

December 4, 2014 HIGHLIGHTS: APO to sell its 16% stake in Trinoma Mall owner for PhP1.3bn BHI wins court order to reclaim control of Friday’s Boracay resort BSC subsidiary to go into renewable energy BC unit gets approval to transport … Continue reading

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Market Daily for Wednesday, 3 December 2014

December 3, 2014 HIGHLIGHTS: T-bill rates increase at latest auction PNB’s new 5.5 year long-term certificates priced at 4.125% Nissin of Japan increases stake in Nissin-URC partnership PBB to open more branches this year BHI says ALI back on table, … Continue reading

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