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 Daily Highlight, September 26, 2014

Posted on September 26, 2014 by research

The full range of movement Thursday suggests that while the market has the capability to hit record levels given the promise still being presented by the domestic economy, it equally exposes the long-held concerns over valuations and increasing risks, mostly … Continue reading →

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Market Daily for Friday, 26 September 2014

Posted on September 26, 2014 by research

September 26, 2014 HIGHLIGHTS: Philippine imports in July unchanged at US$5.5bn ADB trims Philippine economic growth forecast to 6.2% IMI to sell new shares at PhP10 BSC joint venture unit drilling update RCB and PBB looking for acquisition opportunities Valuation … Continue reading →

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Market Daily for Thursday, 25 September 2014

Posted on September 25, 2014 by research

September 25, 2014 HIGHLIGHTS: IMF expects “stellar” growth from the Philippines in 2015 RWM buys 95% of Resorts World Bayshore TEL unit Rocket Internet to do IPO in Germany OV sells stake in Galoc field operator ALI and MEG to … Continue reading →

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Accord Capital Highlight, September 25, 2014

Posted on September 25, 2014 by research

WEDNESDAY — LOCAL SHARE PRICES rallied to yet another 15-month intra-day and closing highs. The former, at 7372.39 fell just 31.26 points short of the all-time intra-day record (7,403.65) set last May 15, 2013. Today’s close at 7,355.29 in turn … Continue reading →

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Market Daily for Wednesday, 24 September 2014

Posted on September 24, 2014 by research

September 24, 2014 HIGHLIGHTS: Philippine property sector still cheap, according to CBRE SUN to increase authorised capitalisation to PhP23bn ALI to develop major township project in Pampanga SMC lost money in PAL investment, says Ramon Ang Valuation table Dividend and … Continue reading →

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Accord Capital Highlight, September 23, 2014

Posted on September 23, 2014 by research

The market’s defiant mood in Monday’s trades is evidence that investors are still confident on the forward prospects of both the economy and stock prices notwithstanding the rising global risks as elucidated by a G20 communique over the weekend. Part … Continue reading →

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Market Daily for Tuesday, 23 September 2014

Posted on September 23, 2014 by research

September 23, 2014 HIGHLIGHTS: Philippines’ outstanding external debt to GDP ratio improves in 1H14 Balance of payments swing to deficit in 1H14 due to outflows VLL to add new high rise condo in Manila DD acquires property in Kalibo for … Continue reading →

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COMPANY REPORT: COSCO Capital, Inc.

Posted on September 22, 2014 by research

COSCO Capital, Inc. 9.20.14 SECTOR : HOLDING FIRMS MAIN BUSINESS : RETAIL BUY POINTS : Owns one of the leading, well recognized grocery chains in the country today; trading at 10% off its 52-week low (php7.47) and nearly 30% below … Continue reading →

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PSEi, September 22, 2014

Posted on September 22, 2014 by research

TECHNICAL GUIDE: Based on September 18, 2014 closing levels SEPTEMBER 22, 2014_MONDAY_TECH GUIDE

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Accord Capital Highlight, September 22, 2014

Posted on September 22, 2014 by research

Markets had been retreating before the PBOC and US Fed announcements as geopolitical concerns dominated the news cycle. The US had begun airstrikes against ISIS/ISIL, while the British had thrown its support following the beheading of its citizen in the … Continue reading →

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