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.

Philstocks Financial, Inc. Weekly Highlight, September 28 to October 2, 2015

Posted on September 28, 2015 by research

MARKET RECAP & OUTLOOK: PHILIPPINE SHARE PRICES stumbled for a fourth-day, a completing an entire week in the red. This is a complete reversal of the preceding full-week advance. The PSEI dropped below 6900 wiping out roughly half of the … Continue reading →

Comments Off

Philstocks Daily Report for Thursday, 24 September 2015

Posted on September 24, 2015 by research

September 24, 2015 HIGHLIGHTS: Philippine imports rise 17% in July to US$5.5bn; ytd unchanged MPI’s toll unit buys a 45% stake in CII B&R, an infra firm in Vietnam AP takes PhP10bn loan for the construction of new hydro power … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Highlight, September 24, 2015

Posted on September 24, 2015 by research

MARKET RECAP & OUTLOOK: THE PSEI ERASED TWO-THIRDS of the previous week’s gains trapped in the cycle of pessimism that have engulfed global markets since the rout in Chinese equities and the recent US Fed’s decision to keep rates at … Continue reading →

Comments Off

Philstocks Daily Report for Wednesday, 23 September 2015

Posted on September 23, 2015 by research

September 23, 2015 HIGHLIGHTS: The ADB trims the Philippines’ GDP growth for 2015 CEB and Tigerair cleared for strategic alliance GERI reports strong sales at Holland Park project DMC completes sale of stake in TPLEX concession VITA to exit rehabilitation … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Highlight, September 23, 2015

Posted on September 23, 2015 by research

MARKET RECAP & OUTLOOK: THE MARKET TANKED FOR A SECOND STRAIGHT DAY with investors seemingly still unable to fully grasp the implications of the US Fed’s “no-action” on interest rates Thursday last week. Amid lingering fears over China and amid … Continue reading →

Comments Off

Philstocks Financial Daily Report for Tuesday, 22 September 2015

Posted on September 22, 2015 by research

September 22, 2015 HIGHLIGHTS: Philippines’ balance of payments in 2Q15 more than doubles SCC receives approval to resume mining operations from DOE AP enters into geothermal deal with Indonesian firm FLI looks to triple total leasable area by 2019  

Comments Off

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

Posted on September 22, 2015 by research

MARKET RECAP & OUTLOOK: IT IS ALL ABOUT SUSTAINABILITY. Following last week’s 5-day advance it would’ve been fair to expect a spillover, if not excitement from investors to push the measure back into positive territory. As it turned out however, … Continue reading →

Comments Off

Philstocks Financial, Inc. Weekly Highlight, September 21 to 24, 2015

Posted on September 21, 2015 by research

OUTLOOK: Last week, the PSEI completed a five-day, full-week run-up paring the -16.44% losses off the historic April close to “only” 12.44%. Note however that this equals the maximum percentage upside the market has reached so far this year. We … Continue reading →

Comments Off

Coffee time with Philstocks – AEV Presentation slides

Posted on September 18, 2015 by research

Coffee time September 2015 – AEV STOCK PICK: Aboitiz Equity Ventures (AEV) A diversified conglomerate engaged in power generation and distribution, financial services, food manufacturing, and real estate CONSIDERATIONS: strong position in power generation with several greenfield and brownfield projects … Continue reading →

Comments Off

Philstocks Financial, Inc. Daily Highlight, September 18, 2015

Posted on September 18, 2015 by research

OUTLOOK: The local market has shown a certain degree of resiliency this week, rising since Monday despite volatilities in global markets leading up to the Federal Reserve’s announcement later tonight. This could only mean two things with respect to this … Continue reading →

Comments Off