Author Archives: research

About research

Philstocks.ph™ is the online trading division of Accord Capital Equities Corporation (ACEC). In line with its mission to develop the latest innovations and technologies for efficient trade executions of clients, Accord Capital has created the Philstocks.ph™ in 2006 to become an effective online trading platform. In retrospect, not all brokerage houses have an online trading platform. In fact, there are only 10 PSE-recognized online trading facilities to date. This makes Philstocks.ph™ a member of an elite club of online trading participants.

Market Daily for Tuesday, 4 April 2017

Posted on April 4, 2017 by research

HIGHLIGHTS: Outstanding loans growth quickened to 18.1% in February Money supply M3 expanded by 12.6% in February from 12.3% JFC to penetrate Italian fast food industry CEB maintains passenger volume target despite slow start to year GTCAP 2016 net income … Continue reading →

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Company Update: Wilcon Depot, Inc. (WLCON)

Posted on April 4, 2017 by research

WLCON; P5.40, +1.31% WLCON debuted last Friday to close up 5.5% from its offering price of P5.05. The IPO of WLCON reminds us of PGOLD’s offering in 2011 at P12.50. The offering was so-so but eventually market bought into its”warehouse … Continue reading →

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Company Update: Shakey’s Pizza Asia Ventures (PIZZA)

Posted on March 31, 2017 by research

PRICE: P13.66 RATING: BUY 2016 net income up 40% to PhP670m on revenues of PhP6.0bn, up 15%; Growth boosted by SSSG of 3.9% and contribution from new stores; healthy profit margins, positive industry outlook, play favorably into stock price trading … Continue reading →

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Daily Notes: March 31, 2017

Posted on March 31, 2017 by research

Market Summary The PSEi ended flat today with a change of 8.59 point or 0.12%. Total volume traded only totaled 864M with a total value traded of P7.63B. Decliners beat the advancers by one 92 to 91 while 49 issues … Continue reading →

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Daily Notes: March 30, 2017

Posted on March 30, 2017 by research

Market Summary The PSEi went down by -7.46 points or 0.10%. The broader all shares index decreased by 6.91 points or 0.15%. Decliners beat advancers 79 to 107 and 46 issues were unchanged. Majority of the major counters declined, financial … Continue reading →

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Market Daily for Wednesday, 29 March 2017

Posted on March 29, 2017 by research

HIGHLIGHTS: BDO and Shinkin Central Bank of Japan to form banking venture X 2016 net income up 33% to record Php305m OV, OPM, PXP announce drillship mobilization in Galoc MEG’s 7-year fixed rate bond oversubscribed DAILY NOTES, March 29, 2017 … Continue reading →

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Daily Notes: March 29, 2017

Posted on March 28, 2017 by research

Market Summary The PSEi bounced back, gaining 85.49 points or 1.18%. The PSEi closed above 7,300 at 7,331.46. The broader All Shares ended at 4,411.21 gained 41.21 points or 0.94%. Twenty five index stocks are up and the most notable … Continue reading →

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Market Daily for Tuesday, 28 March 2017

Posted on March 28, 2017 by research

HIGHLIGHTS: Overall consumer outlook index for 1Q17 dipped to 8.7% from 9.2% in 4Q16 PSPC 2016 net income down 52% to US$6.2m on lower revs, production shift PIZZA 2016 net income jumps 40% to PhP670m on expansion, sales Full Research_March … Continue reading →

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Daily Notes: March 28, 2017

Posted on March 27, 2017 by research

Market Summary The PSEi ends the day almost flat declining 0.33% or 23.64points with a very low volume of 1.01B. Major counters are even at three; Service, Mining and Oil and Property sectors are the gainers with 0.95%, 0.52% and … Continue reading →

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Daily Notes: March 27, 2017

Posted on March 27, 2017 by research

Market Summary The PSEi ended the week at 7,269 losing 31.41 points or 0.43%. Market still trading at a low volume at 1.23B with a total value of P7.14B. Counters ended even today where Property, Industrial and Financial sectors are … Continue reading →

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