Author Archives: LawrenceAaron_DeLeon

Market Daily for Friday, 18 October 2013

Posted on October 18, 2013 by LawrenceAaron_DeLeon

October 18, 2013 HIGHLIGHTS: Registered portfolio investments jumps 160% to US$2.6bn in Sept SMC declares property dividend of Top Frontier shares ABS to hit PhP2.0bn income target for 2013; implies 14x PER ICT to hunt for more foreign ports next … Continue reading →

Comments Off

Market Daily for Thursday, 17 October 2013

Posted on October 17, 2013 by LawrenceAaron_DeLeon

October 17, 2013 HIGHLIGHTS: Remittances in August stayed above US$2.0bn for fifth straight month ALI, RLC, and SMPH said Cebu malls structurally safe after quake CEB to spend US$350m this year for new aircraft PORT to put up industrial port … Continue reading →

Comments Off

Market Daily for Monday, 14 October 2013

Posted on October 14, 2013 by LawrenceAaron_DeLeon

October 14, 2013 HIGHLIGHTS: Foreign direct investments inflows in July surge 227% to US$533m SMPH gets SEC approval to merge with SM Land Inc. ATI completes rehab of Pier 3 at Manila South Harbor TA to begin commercial operations at … Continue reading →

Comments Off

Market Daily for Thursday, 10 October 2013

Posted on October 10, 2013 by LawrenceAaron_DeLeon

October 10, 2013 HIGHLIGHTS: Philippine vehicle sales up 14.8% in September, 7.8% m-o-m on demand MCP rebrands Belle Grande to City of Dreams Manila SCC to post PhP7.0bn net income this year; implies 12.4x PER VLL subsidiary issues US$100m notes … Continue reading →

Comments Off

Market Daily for Wednesday, 9 October 2013

Posted on October 9, 2013 by LawrenceAaron_DeLeon

October 9, 2013 HIGHLIGHTS: National government fiscal deficit in Jan-Aug period reaches PhP82.6bn, inline with target PX cancels planned stock rights offer, to borrow instead TA partner Otto Energy pulls out from SC 69 JGS to borrow and sell bonds … Continue reading →

Comments Off

Market Daily for Tuesday, 8 October 2013

Posted on October 8, 2013 by LawrenceAaron_DeLeon

October 8, 2013 HIGHLIGHTS: World Bank hikes 2013 PHL GDP growth to 7% from 6.2% Gross international reserves steady at US$83bn JFC to open stores in Indonesia and Canada FLI to launch high-end condo project in Alabang CAL teams up … Continue reading →

Comments Off

Market Daily for Friday, 4 October 2013

Posted on October 4, 2013 by LawrenceAaron_DeLeon

October 4, 2013 HIGHLIGHTS: Philippines get investment grade rating upgrade from Moody’s BDO, BPI, MBT also have investment grade ratings MPI to form joint venture with PNCC for NLEX-SLEX connector project IMP to change name to Century Sun Valuation table … Continue reading →

Comments Off

Market Daily for Thursday, 3 October 2013

Posted on October 3, 2013 by LawrenceAaron_DeLeon

October 3, 2013 HIGHLIGHTS: ADB trims growth outlook for Asia FLI to raise PhP5-7bn long-term bonds for expansion STI acquires more than 99% of West Negros University CLOUD to become a financial company, change name to HOUSE Valuation table  

Comments Off

Market Daily for Tuesday, 1 October 2013

Posted on October 1, 2013 by LawrenceAaron_DeLeon

October 1, 2013 HIGHLIGHTS: Domestic liquidity expands 31% in August to PhP6 trillion Bank lending grows 14% in August on business demand JGS agrees to buy SMC stake in MER ALI to raise PhP6bn thru long-term bond sale LTG’s Fortune … Continue reading →

Comments Off

Market Daily for Friday, 27 September 2013

Posted on September 27, 2013 by LawrenceAaron_DeLeon

September 27, 2013 HIGHLIGHTS: Unibank and commercial banks’ NPL ratio dips despite increase in loans SCC bags ASEAN Energy Award, incorporates two subsidiaries OV to study drilling on Nido 1X1 area in Palawan MWC declares cash dividend for common and … Continue reading →

Comments Off