Daily Archives: August 17, 2011

PSEi Performance – Gainers, Losers, Most Active – 08/17/2011

Posted on August 17, 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 →

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Power and Telecommunications Sector Review: August 17, 2011

Posted on August 17, 2011 by research

The Philippine Stock Exchange Index (PSEI) once again shed 32 points, resulting in a 0.74% drop in the bourse’s index. The sudden drop was associated with investors pocketing their market gains and selling their stocks after most indices showed positive … Continue reading →

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Market Balance Daily: TD 163-164, August 16-17, 2011

Posted on August 17, 2011 by research

MICRO vs. macro considerations are tugging at investors’ sentiments, pulling and pushing the market to and from positive and negative closes. There has been wild volatility in the recent days and weeks with the Dow Jones alternating swings of over … Continue reading →

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Corporate Snippet: NiHao Mineral Resources (NI)

Posted on August 17, 2011 by research

NiHao Mineral Resources (NI) is halted on private placement deal with Jerry Angping worth PhP200m. 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. … Continue reading →

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Corporate News: Swift Foods, Inc. (SFI)

Posted on August 17, 2011 by research

Swift Foods, Inc. (SFI) has effected the conversion of 5.24 million convertible preferred shares (SFIP) into 52.36m common shares. This is part of the company’s listing of 150.5m convertible preferred shares that covered a rights offer from 1998. SFI recently … Continue reading →

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Corporate News: IP E-Game Ventures Inc. (EG)

Posted on August 17, 2011 by research

IP E-Game Ventures, Inc. (EG) said its 1H11 net income rose to PhP36.32m, an 86-fold increase from the PhP0.42m net it posted last year. Revenues for the period went up by 125% to PhP198.2m, while EBITDA amounted to PhP62.34m, a … Continue reading →

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Corporate News: Atlas Consolidated Mining and Dev’t Corp (AT)

Posted on August 17, 2011 by research

Atlas Consolidated Mining and Development Corp. (AT) reported a net income of PhP2.03bn in the first half of 2011, or 195% higher from the PhP687m recorded in the same period last year, on higher revenues from copper sales. Net income … Continue reading →

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Market Summary and Outlook: August 17, 2011

Posted on August 17, 2011 by research

Better-than-expected 2Q11 corporate earnings took over the limelight helping lift the market higher for the seventh-straight day on Tuesday. The PSEi main index surged by 40.07 points, or 0.92% higher from Monday, to close at 4,372.70 on higher trading volume. … Continue reading →

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