Daily Archives: February 16, 2017

Daily Notes: February 17, 2017

Posted on February 16, 2017 by research

Market Summary Local market surged more than a hundred points, which is quite a strong reversal after bleeding heavily for two straight days. All local counters ended in the green. Advancing issues outnumbered declining issues. After 8 straight days of … Continue reading →

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Company Update: Ayala Land, Inc. (ALI) 2016 results

Posted on February 16, 2017 by research

Price: 35.80 Rating: HOLD 2016 net income up 19% to PhP20.9bn  on revenues of PhP124.6bn, 16% higher from 2015; Property dev’t up 16%, leasing up 8% but still account for 31% of net income, little changed in four years. 2017 … Continue reading →

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