Author Archives: LawrenceAaron_DeLeon

Market Daily for Monday, 5 May 2014

Posted on May 5, 2014 by LawrenceAaron_DeLeon

May 5, 2014 HIGHLIGHTS: Outstanding loans of commercial banks up 20% y-o-y in March Domestic liquidity M3 up 34.8% y-o-y at end-March ICT wins 26 year terminal contract in Melbourne, Australia EDC to boost its wind farm capacity in Ilocos … Continue reading →

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Market Daily for Wednesday, 30 April 2014

Posted on April 30, 2014 by LawrenceAaron_DeLeon

April 30, 2014 HIGHLIGHTS: BPI 1Q14 net income of PhP3.6bn, down 57% y-o-y after one-time gains last year SECB 1Q14 net income up 17% y-o-y to PhP1.4bn BEL 1Q14 net income down 60% to PhP309.9m after one-time gains RWM gets … Continue reading →

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Market Daily for Tuesday, 29 April 2014

Posted on April 29, 2014 by LawrenceAaron_DeLeon

April 29, 2014 HIGHLIGHTS: Moody’s 2014 GDP forecast for Philippines at 6.5% BLOOM records 1Q14 net income of PhP1.45bn, trading at 22x PER VLL to raise US$225m 5-year notes MER 1Q14 net income flat at PhP4.08bn on lower power sales … Continue reading →

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Market Daily for Monday, 28 April 2014

Posted on April 28, 2014 by LawrenceAaron_DeLeon

April 28, 2014 HIGHLIGHTS: Philippine import growth slows to 0.3% to US$4.7bn from 26% in January BDO reports a 1Q14 net income of PhP5.5bn, inline with target EMP 1Q14 net income up 19% y-o-y to PhP1.7bn on sales PXP 1Q14 … Continue reading →

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Market Daily for Thursday, 24 April 2014

Posted on April 24, 2014 by LawrenceAaron_DeLeon

April 24, 2014 HIGHLIGHTS: Foreign tourist arrivals growth slowed to 3.5% in Jan-Feb 2014 AP Therma Marine to extend operations of two power barges in Mindanao WEB to maintain non-online presence SM to raise PhP15bn from long-term bonds BLFI 1Q14 … Continue reading →

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Market Daily for Wednesday, 23 April 2013

Posted on April 23, 2014 by LawrenceAaron_DeLeon

April 23, 2014 HIGHLIGHTS: NEDA sees poverty rate decline on infrastructure investments Philippine Airlines to recover this year, says boss MWIDE signs O&M contract for Mactan-Cebu airport ALI to invest PhP80bn in Phase 1 of FTI property Valuation table  

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Market Daily for Tuesday, 22 April 2014

Posted on April 22, 2014 by LawrenceAaron_DeLeon

April 22, 2014 HIGHLIGHTS: BSP pegs 2014 inflation rate between 3% to 5%; 2015-2016 at 2% to 4% BOP deficit in March reaches US$336m on money outflows TA to get PhP10.8bn capex from Phinma Group for power projects SMC says … Continue reading →

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COMPANY UPDATE: MANILA BULLETIN PUBLISHING (MB)

Posted on April 15, 2014 by LawrenceAaron_DeLeon

MB April 2014 COMPANY UPDATE: MANILA BULLETIN PUBLISHING (MB) Price up more than 200% after the demise of Chairman E.T. Yap on takeover speculation; recent deal between MediaQuest and Philippine Star suggests potential upside. However, EBITDA multiple indicates MB could … Continue reading →

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Market Daily for Friday, 11 April 2014

Posted on April 11, 2014 by LawrenceAaron_DeLeon

April 11, 2014 HIGHLIGHTS: Philippine exports surge 22.4% to US$4.65bn in February CEB gets EU green light to fly to European destinations MEG 2013 net income up 22% y-o-y to PhP9bn on sales ABS 2013 net income gains 25% y-o-y … Continue reading →

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Market Daily for Monday, 8 April 2014

Posted on April 8, 2014 by LawrenceAaron_DeLeon

April 8, 2014 HIGHLIGHTS: Gross international reserves in March dip for the third month in five MEG to spend PhP30bn in Mactan township project ALI to sell PhP31bn worth of new shares to fund projects COSCO 2013 net income up … Continue reading →

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