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, August 8, 2014

Posted on August 8, 2014 by research

D&L Industries, Inc. [pse: DNL] Profits targets adjusted upwards; possible acquisition/sOn the back of a strong first semester performance, the Company is confident it can achieve an 18% to 22% full year profit growth, higher than its earlier projections. It … Continue reading →

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Accord Capital Highlight, August 8, 2014

Posted on August 8, 2014 by research

The news cycle seems to have turned negative once more — from both external and internal sources. This could be one of the major reasons the market, despite the obvious presence of bargain hunters keeping the measure above support levels, … Continue reading →

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Market Daily for Thursday, 7 August 2014

Posted on August 7, 2014 by research

August 7, 2014 HIGHLIGHTS: PCOR 1H14 net income jumps 172% to PhP3bn on sales volume GLO 1H14 core net income up 18% to PhP7.6bn on service revenues JFC plans to open stores in Malaysia and Indonesia, hints at strong 2Q14 … Continue reading →

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Accord Capital Highlight, August 7, 2014

Posted on August 7, 2014 by research

Apparently rattled by a faster-than-anticipated inflation for July, the lingering geopolitical tensions east of Europe and a less-than-impressive corporate earnings cycle so far, investors will search hard for stronger motives to begin aggressively picking up stocks as the clock on … Continue reading →

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PSEi, August 6, 2014

Posted on August 6, 2014 by research

TECHNICAL GUIDE: Based on August 05, 2014 closing levels AUGUST 6, 2014_WEDNESDAY_TECH GUIDE

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Accord Capital Highlight, August 6, 2014

Posted on August 6, 2014 by research

Corporate earnings and second quarter GDP are what remains of our list of possible sources of market moving news and data moving forward. Also an important date marked is August 10th, the Feast of the Hungry Ghost — and the … Continue reading →

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Market Daily for Wednesday, 6 August 2014

Posted on August 6, 2014 by research

August 6, 2014 HIGHLIGHTS: July inflation rate climbs to 4.9%, a three-year high, on food TEL reports a 1H14 core net income of PhP19.8bn, up 2% y-o-y DMC hints of a flat 2014 net income growth of PhP10bn MPI says … Continue reading →

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Market Daily for Tuesday, 5 August 2014

Posted on August 5, 2014 by research

August 5, 2014 HIGHLIGHTS: 91 and 364-day T-bill rates increase at latest auction PX 1H14 net income down 37% to PhP600m on rising costs DD 1H14 net income up six-fold to PhP84.3m on sales SM 1H14 net income up 12% … Continue reading →

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Accord Capital Highlight, August 4, 2014

Posted on August 4, 2014 by research

Four listed firms uploaded their 2Q FS today, August 3.. three of which showed better year-on-year EPS [BLOOM, HOUSE, and PNX].  BLOOM posts 3,632% increase in period year-on-year net after-tax net income, even as revenue growth came in at a … Continue reading →

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Accord Capital Highlight, August 4, 2014

Posted on August 4, 2014 by research

Friday’s action was actually a bit of a surprise as the market eked out the gains against a backdrop of slumping global markets and a 25 basis points hike in local interest rates — these are generally negative influences and … Continue reading →

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