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.

Accord Capital Daily Highlight, April 22, 2015

Posted on April 22, 2015 by research

European and US stocks finished the first day of the week’s trades on a highly positive note lending encouragement for bargain hunters in the local scene. Markets in the Asia Pacific cheered this development, pushing pessimism aside — for the … Continue reading →

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Market Daily for Tuesday, 21 April 2015

Posted on April 21, 2015 by research

April 21, 2015 HIGHLIGHTS: DMC 2014 core net income down 3% to PhP10.3bn 2GO 2014 net income surge almost four-fold to PhP843m RCB completes sale of 20% stake to Cathay Financial for PhP9.6bn LOTO 1Q15 operating income up 4% on … Continue reading →

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Accord Capital Daily Highlight, April 21, 2015

Posted on April 21, 2015 by research

SHARE PRICES TUMBLED again as a fresh week of trades began with investors still grasping for clues as the earnings cycle unwinds. Except for the solitary half-percent rebound Thursday, the PSEI has closed in the red throughout last week. It … Continue reading →

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Market Daily for Monday, 20 April 2015

Posted on April 20, 2015 by research

April 20, 2015 HIGHLIGHTS: SPH 2014 net income up 46% to PhP49m on PhP957m in sales PNB 2014 net income of PhP5.5bn up 5% year-on-year PAL turns around with 2014 net income of PhP786.8m from 3 years of losses AC’s … Continue reading →

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Market Daily for Friday, 17 April 2015

Posted on April 17, 2015 by research

April 17, 2015 HIGHLIGHTS: MPI buys additional stake in MER for P26bn; increase stake to 32.5% JGS 2014 consolidated net income up 75% to P10.4bn on contributions, earnings  

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Accord Capital Daily Highlight, April 17, 2015

Posted on April 17, 2015 by research

CORPORATE UPDATES: 1. Victorias Milling Company, Inc [pse: VMC] Incorporation of Subsidiary 2. Sta. Lucia Land, Inc. [pse: SLI] 3. Aboitiz Power Corporation [pse: AP] 4. JG Summit Holdings, Inc [pse: JGS] 2014 Results For the full research, click here: April 17, 2015_Friday DISCLAIMER: THE … Continue reading →

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Market Daily for Thursday, 16 April 2015

Posted on April 16, 2015 by research

April 16, 2015 HIGHLIGHTS: Remittances rise 4% in February to $2.078bn but still on downtrend Philippine PPI dips to -6.2% on lower output SMPH to spend P80bn capex this year EDC’s Burgos wind farm to charge P8.53 per kilowatt hour … Continue reading →

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Market Daily for Tuesday, 14 April 2015

Posted on April 14, 2015 by research

April 14, 2014 HIGHLIGHTS: Foreign direct investment net inflows drop 71% in January VLL to launch five projects MWC borrows PhP1.15bn for Clark Water expansion GTCAP’s Global Business Power signs power agreement HOUSE buys Cubao property for condo development  

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Accord Capital Daily Highlight, April 14, 2015

Posted on April 14, 2015 by research

Against the backdrop of the DJIA’s return to above 18,000, the S&P500 at >2,100 and a seeming lethargic start for markets across the region, the Philippine market index briefly and marginally rose at the open but succumbed to contravening pressures … Continue reading →

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Accord Capital Daily Highlight, April 10, 2015

Posted on April 10, 2015 by research

SHARE PRICES tumbled anew at mid-week trades, ahead of a one-day holiday as investors struck a balance between and among fresh external leads and snapped an eight-session, record setting spree by the PSEI. The Philippine market will stay shut through … Continue reading →

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