Author Archives: LawrenceAaron_DeLeon

Market Daily for Thursday, 16 May 2013

May 16, 2013 HIGHLIGHTS: Personal remittances growth from overseas workers slows to 2-year low JFC 1Q13 net income rises 33% to PhP895m on sales and improving margins AGI 1Q13 net income climbs 18% to PhP4.9bn on income from property and … Continue reading

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Company Update: ICT 1Q13 results

ICT 1Q13 1Q13 net income attributable to holders up 15% y-o-y to US$40.7bn on higher revenues from tariff increase and contribution from new ports; betting on new international ports for long-term growth  

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Market Daily for Friday, 10 May 2013

May 10, 2013 HIGHLIGHTS: Standard & Poor’s says Phil economy may overheat ICT posts 1Q13 net income of US$40.7m, inline with expectation DNL 1Q13 net income grows 19% to PhP314m on lower costs SMC to list power unit this year … Continue reading

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Market Daily for Tuesday, 7 May 2013

May 7, 2013 HIGHLIGHTS: BSP considering real-estate loan limits to prevent speculation ROX 1H13 net income up 36% to PhP205m on cost reductions PCOR 1Q13 net income dips 12% to PhP2.2bn on lower prices TA says Aussie partners committed to … Continue reading

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Market Daily for Monday, 6 May 2013

May 6, 2013 HIGHLIGHTS: Universal and commercial banks CAR at 19% consolidated basis in 3Q12 MEG to expand its Iloilo Business Park on strong demand CHIB 1Q13 net income jumps 62.5% to PhP1.8bn on interest income, fees SPH 1Q13 net … Continue reading

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Market Daily for Friday, 3 May 2013

May 3, 2013 HIGHLIGHTS: Philippines receives investment grade rating from Standard & Poor’s BPI 1Q13 net income jumps 43% to PhP8.4bn, better-than-expected EDC joint venture with Hard Rock form company to explore prospects in Peru PX 1Q13 net income drops … Continue reading

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Market Daily for Thursday, 2 May 2013

May 2, 2013 HIGHLIGHTS: Total outstanding loan growth slowed to 14.2% in March vs 15% in February RFM 1Q13 net income PhP153.7m, up 18% y-o-y on lower costs APM to become Cosco Capital after asset injection from Lucio Co Valuation … Continue reading

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Market Daily for Tuesday, 30 April 2013

April 30, 2013 HIGHLIGHTS: IMF projects 5.3% growth for Asian region in 2013 on consumer demand, investments MWC subsidiary gets PhP500m loan facility for Laguna expansion MBT Bank financial strength rating receives upgrade from Moody’s ALI signs joint venture with … Continue reading

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Market Daily for Friday, 26 April 2013

April 26, 2013 HIGHLIGHTS: BSP keeps key interest rates unchanged but cuts SDA rate by 50 basis points SM reports 1Q13 net income of PhP7.4bn, up 22% y-o-y Valuation table  

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Market Daily for Thursday, 25 April 2013

April 25, 2013 HIGHLIGHTS: SMDC 1Q13 net income climbs 12% to PhP1.4bn on sales ALI and Aboitiz form joint venture to develop Cebu properties AT 1Q13 net income surges 139% to PhP565m BEL 1Q13 net income rockets 15-fold to PhP777m … Continue reading

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