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 DEVELOPMENTS: MANILA ELECTRIC CO. [pse: MER]

Posted on October 17, 2011 by research

DC2011-7330 The Company is in the process of studying the feasibility of the 150MW Laguna project estimated to ease an expected shortage by 2014. The project is seen to cost p6.6 billion over a 3-4 year construction period. In addition, … Continue reading →

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CORPORATE DEVELOPMENTS: PETROENERGY RESOURCES CORPORATION [pse: PERC]

Posted on October 17, 2011 by research

DC2011-7328 The Company has signed a Memorandum of Understanding with the Environmental Management Bureau (EMB)-CALABARZON of the DENR establishing the Multi-Partite Monitoring Team (MMT), Environmental Monitoring Team (EMT), Environmental Monitoring Fund (EMF) and the Environmental Guarantee Fund (EGF) for the … Continue reading →

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CORPORATE DEVELOPMENTS: A SORIANO CORPORATION [pse: ANS]

Posted on October 17, 2011 by research

DC2011-7311 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 … Continue reading →

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CORPORATE DEVELOPMENTS: PHILIPPINE NATIONAL BANK [pse:PNB] and ALLIED BANKING CORPORATION [pse: ABC]

Posted on October 17, 2011 by research

PHILIPPINE NATIONAL BANK [pse:PNB] DC2011-7306 ALLIED BANKING CORPORATION [pse: ABC] DC2011-7309 The Board has approved the execution of a Voting Trust Agreement with Oceanic Holding BVI Ltd and Mr. Walter Mix III (nominated trustee) which places all the shares of … Continue reading →

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CORPORATE DEVELOPMENTS: SPC POWER CORPORATION [pse: SPC]

Posted on October 17, 2011 by research

DC2011-7304 The Company confirmed newspaper reports it has won the operations and maintenance contract for the 650-MW Malaya thermal power plant in Pililia, Rizal. The Company presented the only bid of php715 M, together with its subsidiary SPC Light Co., … Continue reading →

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CORPORATE DEVELOPMENTS: ISLAND INFORMATION AND TECHNOLOGY, INC. [pse: IS]

Posted on October 17, 2011 by research

DC2011-7303 The Board of Directors has approved the organization of a lobby group to push for the approval of the Albano-initiated and authored HB 2891 concerning the Company’s mining project in Divilacan, Isabela Province. DISCLAIMER: THE MATERIAL CONTAINED IN THIS … Continue reading →

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CORPORATE DEVELOPMENTS: BOULEVARD HOLDINGS, INC. [pse: BHI]

Posted on October 17, 2011 by research

DC2011-7298 The Company informed the investing public that it failed to close the proposed long-term lease deal with Resom Resorts of Korea for an existing golf course and spa hotel in Puerto Azul and has thus been shelved. Resom Resorts … Continue reading →

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CORPORATE DEVELOPMENTS: IPVG CORPORATION [pse: IP]

Posted on October 17, 2011 by research

Dc2011-7292 The Company manifested its intention to conduct a Voluntary Tender Offer for 40M common shares of IP at php1.70 per share. The subject shares represent about 5% of its issued and outstanding stock. This is part of the Company’s … Continue reading →

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CORPORATE DEVELOPMENTS: LEPANTO CONSOLIDATED MINING CO. [pse: LC/ LCB]

Posted on October 17, 2011 by research

Dc2011-7277 The Company reveals that the development program of the upper levels of the Victoria ore body that began in May this year has been completed. Production has thus resumed effective October 10, 2011 and is projected to double mine … Continue reading →

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CORPORATE DEVELOPMENTS: AGP INDUSTRIAL CORPORATION [pse: AGP]

Posted on October 17, 2011 by research

Dc2011-7250 Among other things taken up and approved by the shareholders of AGP are the following: 1. The sale of 45M and 136,678,651 shares to various investors (represented by and who are clients of HDI Securities) via private placement on … Continue reading →

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