Monthly Archives: October 2015

COMPANY UPDATE: Philex Mining Corp (PX)

Posted on October 30, 2015 by research

PX 9M15 Results Core net income down 10% y-o-y to PhP811m on soft average metal and energy prices; Padcal mine gets two year life extension to 2022 on discovery of added reserves

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Philstocks Financial, Inc. Daily Highlight, October 29, 2015

Posted on October 29, 2015 by research

OUTLOOK: THE PSEI has posted a rebound of as much as 11.73% (intra-day levels) since the post-Yuan devaluation “bottom” at 6,603.19 (August 25th). [The maximum rebound measures 7.87% using closing levels.) More importantly, it has closed the gap induced by … Continue reading →

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DAILY REPORT FOR WEDNESDAY, 28 OCTOBER 2015

Posted on October 28, 2015 by research

October 28, 2015 HIGHLIGHTS: RLC is planning to expand operations to Chengdu, China GERI says Alabang West land prices up by 19% this year due to demand PCOR reports 9M15 net income of PhP5.1bn, up 58% y-o-y SECB 9M15 net … Continue reading →

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Philstocks Financial, Inc. Daily Highlight, October 28, 2015

Posted on October 28, 2015 by research

OUTLOOK: The penultimate meeting of the US Federal Reserve for the year begins tonight (PST) with a post-meeting statement to be issued on Wednesday. This particular meeting however is not seen to induce too much volatility as those that marked … Continue reading →

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Philstocks Financial, Inc. Daily Highlight, October 27, 2015

Posted on October 27, 2015 by research

OUTLOOK: Central Banks come into focus as the trading week deepens, joining corporate earnings and economic data on investors’ drawing boards. Inducing growth lies at the core of the developed world’s economic agenda — that and fighting off deflation. The … Continue reading →

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DAILY REPORT FOR MONDAY, 26 OCTOBER 2015

Posted on October 26, 2015 by research

October 26, 2015 HIGHLIGHTS: Mindanao region to get significant portion of infra projects SMPH opens 55th mall in Caloocan City RLC to open new malls in the provinces next year CPG tapping foreign hotel operators ALI to expand Seda brand … Continue reading →

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Philstocks Financial, Inc. Weekly Highlight, October 26 to 30, 2015

Posted on October 26, 2015 by research

OUTLOOK: IN THE FINAL NINE WEEKS of the 2015 trading calendar, two questions beg for answers: 1) can the PSEI finish the year with gains?; and 2) is an 8,000-level still possible? The “easy” answer – it depends. However, while … Continue reading →

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DAILY REPORT FOR FRIDAY, 23 OCTOBER 2015

Posted on October 23, 2015 by research

October 23, 2015 HIGHLIGHTS: ICT unit to borrow US$260m to finance development of Mexico port AP agrees to develop a new hydropower plant with NIA CROWN bags contract to supply NAIA Expressway project phase MEG to accelerate construction at McKinley … Continue reading →

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Philstocks Financial, Inc. Daily Highlight, October 22, 2015

Posted on October 22, 2015 by research

OUTLOOK: Since the surprise devaluation of the yuan last August 24th that opened a“gap” in the charts, the PSEI has allowed investors an average“opportunity” trading range of between 3.5% to 5.0% over a period of between 4 to ten days. … Continue reading →

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DAILY REPORT FOR WEDNESDAY, 21 OCTOBER 2015

Posted on October 21, 2015 by research

October 21, 2015 HIGHLIGHTS: BHI reports a wider net loss of PhP3.0m in FY1Q16 period LTG launches new bioethanol plant in Batangas MAXS to open eight Pancake House restaurants in UAE EDC reports no damage to its plants after typhoon … Continue reading →

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