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.

COMPANY UPDATE: Universal Robina Corp (URC) FY1Q16 Results

Posted on February 16, 2016 by research

URC FY1Q16 Results FY1Q16 net income up 47% to PhP4.8bn y-o-y on revenues, consolidation of Griffin’s unit; margins are healthy as stock trades at premium.

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Daily Report for Thursday, 11 February 2016

Posted on February 11, 2016 by research

February 11, 2016 HIGHLIGHTS: Foreign direct investments rise to US$464m in November last year SECB 2015 net income up 7% to PhP7.7bn on interest and fee-based income IMI 2015 net income dips to US$28.8m as revenues slide on weak China, … Continue reading →

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COMPANY UPDATE: JOLLIBEE FOODS CORP (JFC) 2015 Results

Posted on February 10, 2016 by research

JFC 4Q15 results 2015 net down 10% on one-time costs related to expansion; may see normalized expenses and return to profit growth in 2016 and beyond.

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Daily Report for Thursday, 4 February 2016

Posted on February 4, 2016 by research

February 4, 2016 HIGHLIGHTS: 8990 and SM-Waltermart joint venture ends VLL completes capital raising needed for 2016 CIC says 2015 sales and profits rises on demand for aircon units CPG and Mitsubishi Corp lays ground work for Forbes Media Tower … Continue reading →

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Daily Report for Wednesday, 3 February 2016

Posted on February 3, 2016 by research

February 3, 2016 HIGHLIGHTS: Moody’s forecasts 6.0% GDP growth for Philippines this year EDC wins partial arbitration case against contractor for Bac-Man plant RFM 2015 net income up 9% to record PhP908.4m HOUSE 2015 net income up 22% to PhP4.05bn … Continue reading →

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Daily Report for Tuesday, 2 February 2016

Posted on February 2, 2016 by research

February 2, 2016 HIGHLIGHTS: Outstanding loans of commercial banks expands at slower rate in December AP subsidiary’s Davao Baseload Power Unit 2 to operate commercially RLC to launch up to eight projects in 2016 Semiconductor and electronic exports to rise … Continue reading →

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Philstocks Financial, Inc. Weekly Highlight, January 25 to 29, 2016

Posted on January 25, 2016 by research

OUTLOOK: AT THIS POINT, the bearish propositions still fill investors with fear and apprehension. Reasons to stay off the market with a sensitive finger poised at the “sell”button remain the norm. But if there is something positive we can take … Continue reading →

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Philstocks Financial, Inc. Daily Highlight, January 22, 2016

Posted on January 22, 2016 by research

OUTLOOK: As the market approaches the 6,000-mark and as talks abound of a higher probability of further drops, investors are quite expectedly moving to or staying at the sidelines.The hole is too deep, relative to levels at the start of … Continue reading →

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Daily Report for Friday, 22 January 2016

Posted on January 22, 2016 by research

January 22, 2016 Net selling by foreign institutional investors drag Asian equity markets lower in first three weeks of 2016; at -12.5%, the Philippine index is one of the worst performers in region despite relatively lower value of net outflows. … Continue reading →

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Daily Report for Thursday, 21 January 2016

Posted on January 21, 2016 by research

January 21, 2016 HIGHLIGHTS: IMF projects slower global growth for 2016 MER signs power supply agreement with 1590 Energy Corp ALCO acquires properties in Cebu City through new subsidiary BHI reports narrower losses in November  

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