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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 Friday, 27 February 2015

Posted on February 27, 2015 by research

February 27, 2015 HIGHLIGHTS: PX reports 2014 core net income of PhP1.2bn, up 4% on revenues DNL 2014 net income up 27% to PhP2.0bn on sales and acquisition MPI 2014 core net income rises 18% to PhP8.5bn from higher contribution … Continue reading →

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Accord Capital Daily Highlight, February 27, 2015

Posted on February 27, 2015 by research

Corporate Disclosure: 1. BDO UNIBANK, INC. [pse: BDO] 2014 Performance For the full research, click here: February 27, 2015_Friday DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR MADE AVAILABLE … Continue reading →

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STOCK PICK: FILINVEST DEVELOPMENT CORP (FDC)

Posted on February 26, 2015 by research

Filinvest Devt Corp – February 2015 Current under-performing conglomerate may play catch up to market given its stable diversification and discounted share price but will need to break away from its liquidity issue. LONG-TERM BUY

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Accord Capital Daily Highlight, February 26, 2015

Posted on February 26, 2015 by research

Corporate Disclosure: 1. THE PHILIPPINE STOCK EXCHANGE [pse: PSE] 2014 Performance For the full research, click here: February 26, 2015_Thursday DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO BE REPRODUCED OR COPIED OR … Continue reading →

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Accord Capital Daily Highlight, February 25, 2015

Posted on February 25, 2015 by research

CORPORATE DISCLOSURES: 1. LEPANTO CONSOLIDATED MINING CO. [pse: LC/LCB] Renewal of Arbitration Proceedings 2. TRANS-ASIA OIL & ENERGY DEVELOPMENT CORP. [pse: TA] Declaration of Cash Dividends For the full research, click here: February 25, 2015_Wednesday DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS … Continue reading →

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Market Daily for Tuesday, 24 February 2015

Posted on February 24, 2015 by research

February 24, 2015 HIGHLIGHTS: Details for the CALAX rebidding to be released soon ICT gets more reach stacker vehicles for its Manila and Subic ports MER reports 5% increase in 2014 net income to PhP18.1bn JFC 2014 net income up … Continue reading →

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Accord Capital Highlight, February 20, 2015

Posted on February 20, 2015 by research

Outlook: We saw a slight widening of the short-term, 5-day MA trading range Wednesday to 46.78 but still relatively tame when compared to the medium-term average. This as the index posted its 15th record close for the year and the … Continue reading →

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Market Daily for Wednesday, 18 February 2015

Posted on February 18, 2015 by research

February 18, 2015 HIGHLIGHTS: Non-performing loans of uni and commercial banks down to six year low Consumer loans up 6% on housing and car loans HOUSE to sell PhP9bn of bonds, go into cable and internet business PNX 2014 net … Continue reading →

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Accord Capital Highlight, February 18, 2015

Posted on February 18, 2015 by research

AN EARLY RALLY that saw the PSEi surge to a retest of the 7800-mark fizzled out even before traders took their lunches. Losses however were kept at a minimum as participation continues to dry up. Value turnover has thinned in … Continue reading →

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Company Update: ROBINSONS LAND CORP (RLC) Price: PhP26.35

Posted on February 17, 2015 by research

RLC 1Q15 Results FY1Q15 net income grows 35% y-o-y to PhP1.4bn on revenues of PhP4.8bn, up 9%; Commercial, office and hotel divisions enjoy strong revenue and income growth but residential sales remain flat; price at sector discount, offers attractive potential. … Continue reading →

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