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.

Corporate News: Philex Mining Corp. (PX)

Posted on October 28, 2011 by research

Philex Mining Corp. (PX) reported a 9M11 core net income of PhP3.98bn, up 72% from the same period last year, on higher production and rising metal prices. Consolidated revenues for the period reached PhP11.8bn, up 37% from 9M10, as gold … Continue reading →

Comments Off

Corporate News: IP E-Games Ventures (EG)

Posted on October 28, 2011 by research

IP E-Games Ventures (EG) signed an agreement with Viet Thai International Joint Stock Company of Vietnam to get franchising rights, trademark, brand and trade name of Highlands Coffee brand. EG is looking to operate coffee shops possibly in tandem with … Continue reading →

Comments Off

Market Summary and Outlook: October 28, 2011

Posted on October 28, 2011 by research

Expectations of a European Union rescue of its member debt-ridden Greece lifted share prices across the board Thursday. The PSEi main index gained 42.74 points, or 1.01% higher from Wednesday, to close at 4,267.50 on moderate trading volume. Investors rightly … Continue reading →

Comments Off

DISCLOSURE: ABACUS CONSOLIDATED RESOURCES & HOLDINGS INC. [pse: ABA]

Posted on October 28, 2011 by research

DC 2011-7462 “MOA with Lite Aviation Holdings, Ltd.” The Company entered into and executed a Memorandum of Agreement with a Singapore and Indonesia based airline advisory firm, Lite Aviation Holdings, Ltd. (LAH), the foreign partner managing Lite Airways, which is … Continue reading →

Comments Off

Daily View: WEEK 43, TD 209-210, October 27-28, 2011

Posted on October 28, 2011 by research

MARKET ACTION: October 27, 2011, Thursday THE PSEI traced a pattern it has drawn over the recent sessions, surging off the opening bell but holding steady over a narrow band near the day’s top thenceforth. Half-an-hour before the close, the … Continue reading →

Comments Off

PSEi Performance – Gainers, Losers, Most Active – 10/27/2011

Posted on October 27, 2011 by research

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 NO CIRCUMSTANCES IS IT TO BE CONSIDERED AS AN OFFER TO SELL OR A … Continue reading →

Comments Off

DISCLOSURE: PHILEX PETROLEUM CORPORATION [pse: PXP]

Posted on October 27, 2011 by research

DISCLOSURE: PHILEX PETROLEUM CORPORATION [pse: PXP] dc 2011-7613 Operating and Financial Result, January to September 2011 The Company posted a php472.1M after-tax profit in the first nine month of the year, pushed by a strong php385.8M revenue from its petroleum … Continue reading →

Comments Off

DISCLOSURE: BENGUET CORPORATION [pse: BC]

Posted on October 27, 2011 by research

DISCLOSURE: BENGUET CORPORATION [pse: BC] dc 2011-7610 “Supply Contract with Aboitiz Power” The Company signed a 20-year power supply contract with Therma Luzon Inc. (TLI) a unit of Aboitiz Power Corporation [pse: AP] for its current and future mining operations … Continue reading →

Comments Off

DISCLOSURE: FIRST PHILIPPINE HOLDINGS CORPORATION [pse: FPH]

Posted on October 27, 2011 by research

DISCLOSURE: FIRST PHILIPPINE HOLDINGS CORPORATION [pse: FPH] DC 2011-7609 re: refinancing of dual currency notes The Company will repay in full its $36.6M and php3.2B outstanding dual currency floating rate notes issued in 2007 maturing in 2012 and 2014, with … Continue reading →

Comments Off

Daily View: WEEK 43, TD 208-209, October 26-27, 2011

Posted on October 27, 2011 by research

MARKET ACTION: October 26, 2011, Wednesday LOCAL SHARE prices followed a predictable pattern, following a 200-point meltdown in the Dow overnight which in turn tracked a Eurozone slump. Ironically, the Asia Pacific region was in the green past midday. Only … Continue reading →

Comments Off