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 Thursday, 18 June 2015

Posted on June 18, 2015 by research

June 18, 2015 HIGHLIGHTS: CEB places order to buy 16 new ATR 72s at the Paris Airshow PAL to lease two Boeing 777-300s for its long-haul fleet GLO to set up a holding company for other businesses BLOOM looking to … Continue reading →

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Market Daily for Wednesday, 17 June 2015

Posted on June 17, 2015 by research

June 17, 2015 HIGHLIGHTS: Remittance growth in April slows to 4.9% from 5.4% last year VLL to sell US$300m worth of seven year notes SSI to spend PhP3.7bn for store expansion through 2016 PERC’s Maibarara Geothermal bullish on second project … Continue reading →

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Accord Capital Daily Highlight, June 17, 2015

Posted on June 17, 2015 by research

OUTLOOK: The “dark cloud” that passed over the market following a disappointing first quarter GDP may be clearing as even as the latest round of economic numbers raises concern over an all-important second quarter result that will come early in … Continue reading →

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Accord Capital Daily Highlight, June 16, 2015

Posted on June 16, 2015 by research

OUTLOOK: The weakness in the markets are generally attributed to the still unfolding drama over Greece’s debts. The troubled economy’s leaders, led by its PM Alexis Tsipras, is engaged in a last-ditch effort to gain access to the final tranche … Continue reading →

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Company Update: ENERGY DEVELOPMENT CORP (EDC)

Posted on June 16, 2015 by research

EDC Update June 2015 Company to benefit from rising use of renewable energy as countries agree to reduce dependence of fossil fuel for electricity generation at UN climate conference in late 2015. Well positioned with expansion; trading at discount. LONG-TERM … Continue reading →

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Accord Capital Weekly Highlight, June 15 to 19, 2015

Posted on June 15, 2015 by research

OUTLOOK: It is unlikely that the mood of investors will show a significant change when trades resume on Monday following an extended weekend. The local market stays shut on Friday in observance of the Philippine’s 117th Independence Day. The main … Continue reading →

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Stock Focus: Universal Robina Corp (URC)

Posted on June 11, 2015 by research

Stock Focus June 2015 – URC BUY ON WEAKNESS

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Accord Capital Daily Highlight, June 11, 2015

Posted on June 11, 2015 by research

OUTLOOK: TWO major news investors are waiting for: (1) US interest rates; and (2) Greece. Bets on US rates range between an October to December and an early 2016 tweak depending on how economic data validates the recovery and justify … Continue reading →

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Accord Capital Daily Highlight, June 10, 2015

Posted on June 10, 2015 by research

OUTLOOK Prudence over Valor. This is possibly the best advice we can put out for investors at this time of the market – as it has been our call since the divergence between the ADL and the PSEI became more … Continue reading →

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Market Daily for Tuesday, 9 June 2015

Posted on June 9, 2015 by research

June 9, 2015 HIGHLIGHTS: NPL ratio of universal and commercial banks unchanged at 1.95% in March Consumer loans jump 25% to PhP903m in 2014 on car, housing loans MPI wins Cavite Laguna Expressway project AC and TA begins operation of … Continue reading →

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