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 Highlight, February 6, 2015

Posted on February 6, 2015 by research

Outlook: The over-all market is bullish, price– and index-wise. The charts signal caution while the fundamentals (earnings) offer hope. Understandably, the prevailing emotion over the market’s prospects is mixed, albeit perceptively biased towards the good For the full research article, click … Continue reading →

Comments Off

Market Daily for Thursday, 5 February 2015

Posted on February 5, 2015 by research

February 5, 2015 HIGHLIGHTS: PGOLD buys 9 NE Supermarket outlets in Luzon ICT buys 100% of Melbourne port operator TEL to upgrade LTE network  

Comments Off

Market Daily for Wednesday, 4 February 2015

Posted on February 4, 2015 by research

February 4, 2015 HIGHLIGHTS: BSP has set an inflation target of 2-4% for 2015 and 2016 MCP formally opens City of Dreams Manila GTCAP owners sell 5% stake to investors for PhP1,130 per share AEV 2015 capex of PhP66bn to … Continue reading →

Comments Off

Accord Capital Highlight, February 4, 2015

Posted on February 4, 2015 by research

US investors shunned economic data for the moment and seemingly cheered a rally in oil prices with WTI crude rising above the $50-per-barrel level, its highest in a month and off a half-year low. It was a largely volatile day … Continue reading →

Comments Off

Market Daily for Tuesday, 3 February 2015

Posted on February 3, 2015 by research

February 3, 2015 HIGHLIGHTS: Domestic liquidity expands by 9.6% in December Outstanding loan growth slows to 16.8% in December from 20.1% LRI agrees to sell its majority shares to CRH Plc, an Irish builder PSCP 9M14 net income up 61.5% … Continue reading →

Comments Off

Accord Capital Highlight, February 3, 2015

Posted on February 3, 2015 by research

Outlook: The trend so far this year is undeniably bullish. The accompanying daily, year-to-date chart shows as much. The first 18 sessions of the years has drawn a clear up-trending line with immediate sup-port levels at 7340, 7290 and 7190. The … Continue reading →

Comments Off

Accord Capital Highlight, February 2, 2015

Posted on February 2, 2015 by research

Outlook: The PSEI has completed one of its best starts for any given year in the last decade. In the context of the concerns raised at the beginning of the year and obviously borrowed from the relative disappointments of 2014 (macro-economic … Continue reading →

Comments Off

Economic Update: 4Q14 National Accounts

Posted on January 30, 2015 by research

4Q14 National Accounts 4Q14 GDP JUMPS TO 6.9% FROM 5.3% ON GOV’T AND AGRI RECOVERY; FY14 AT 6.1% Gov’t lives up to promise providing 4Q growth but investments contract 4.9%; private construction, exports encouraging

Comments Off

Accord Capital Highlight, January 30, 2015

Posted on January 30, 2015 by research

Outlook: What initially looked like a bullish event is now slowly showing an ugly side. Global oil prices has been halved — and more — falling to below $45 per barrel (WTI crude) yesterday. In our environs, this is definitely seen … Continue reading →

Comments Off

Transport Sector Pick: Cebu Air, Inc. (CEB)

Posted on January 29, 2015 by research

Transport Sector Pick January 2015 – CEB CEB share price has almost doubled in the last 12 months but it may still hold potential upside due to positive factors and discounted value relative to regional low cost carriers. BUY ON … Continue reading →

Comments Off