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 Wednesday, 8 April 2015

Posted on April 8, 2015 by research

April 8, 2015 HIGHLIGHTS: March inflation rate dips to 2.4% from 2.5%, at low end of range Gross international reserves dips slightly at end-March IMI reports 2014 net income of US$29.1m, up almost three-fold SMC’s Bell Telecoms unit to roll … Continue reading →

Comments Off

Accord Capital Daily Highlight, April 8, 2015

Posted on April 8, 2015 by research

CORPORATE UPDATES: 1. Greenergy Holdings, Incorporated [pse: GREEN] 2. Ayala Land, Inc. [pse: ALI] 3. Integrated Micro-Electronics, Inc. [pse: IMI] 4. MRC Allied, Inc. [pse: MRC] 5. STI Education Systems Holdings, Inc. [pse: STI] For the full research, click here: April 8, 2015_Wednesday DISCLAIMER: THE MATERIAL … Continue reading →

Comments Off

Market Daily for Tuesday, 7 April 2015

Posted on April 7, 2015 by research

April 7, 2014 HIGHLIGHTS: Real estate exposure of banks up 5.4% to PhP1.2tn at end 2014 Loan growth of commercial banks slows in February MEG to spend PhP57bn capex annually through 2019 ALI buys 9.2% stake in Malaysian developer TEL … Continue reading →

Comments Off

Accord Capital Daily Highlight, April 6, 2015

Posted on April 6, 2015 by research

CORPORATE UPDATES: 1. Alliance Select Foods International, Inc. [pse: FOOD] 2. San Miguel Corporation [pse: SMC] 3. Filinvest Development Corporation [pse: FDC] For the full research, click here: April 6, 2015_Monday DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT … Continue reading →

Comments Off

Accord Capital Daily Highlight, March 31, 2015

Posted on March 31, 2015 by research

CORPORATE DISCLOSURES: 1. ATN Holdings, Inc. [pse: ATN/B] 2. PetroEnergy Resources Corporation [pse: PERC] 3. Metro Pacific Investments Corporation [pse: MPI] 4. Max’s Group, Inc [pse: MAXS] For the full research, click here: March 31, 2015_Tuesday DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR … Continue reading →

Comments Off

Market Daily for Monday, 30 March 2015

Posted on March 30, 2015 by research

March 30, 2015 HIGHLIGHTS: Consumer confidence index improves in 1Q15 NIKL reports record 2014 earnings on revenues and volumes DD opens first CityMall X reports 2014 net income up 60% year-on-year BEL 2014 recurring net income up 82% on City … Continue reading →

Comments Off

Technical Notes, March 30, 2015

Posted on March 30, 2015 by research

Technical Notes: Covers PSEI and EDC For the full research, click here: TECHNICAL NOTES_TD058_March 30, 2015_Monday DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR MADE AVAILABLE TO OTHERS. UNDER … Continue reading →

Comments Off

Market Daily for Friday, 27 March 2015

Posted on March 27, 2015 by research

March 27, 2015 HIGHLIGHTS: Monetary Board keeps key interest rates steady January imports fall by 14%, steepest in a year X acquires stake in Indonesian content provider GTCAP 2014 net income up by 6% on autos CEB 2014 net income … Continue reading →

Comments Off

Accord Capital Daily Highlight, March 27, 2015

Posted on March 27, 2015 by research

CORPORATE DISCLOSURES: 1. Liberty Telecoms Holdings, Inc. [pse: LIB, p1.99, -0.50%] 2. PetroEnergy Resources Corporation [pse: PERC] 3. BDO Unibank, Inc. [pse: BDO] 4. GT Capital Holdings, Inc. [pse: GTCAP] 5. AG Finance, Inc. [pse: AGF] 6. China Banking Corporation [pse: CHIB] For the full research, … Continue reading →

Comments Off

ECONOMIC UPDATE – Remittances

Posted on March 26, 2015 by research

Economic Update – Remittances March 2015 The recent slowdown in remittances growth were caused by both external and internal developments and may likely persist in the long term.

Comments Off