Daily Archives: September 13, 2011

Tips and Tricks of the Trade: Mr. Roy B. Sotelo

In order to bring people closer to the stock market, the Research Team has conducted a survey series that we call Tips and Tricks of the Trade, where we interview experienced people working in the stock market. For our first … Continue reading

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PSEi Performance – Gainers, Losers, Most Active – 09/13/2011

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: September 13, 2011

On its first day, Philex Petroleum Corporation’s (PXP) shares ended yesterday with 617% gains from its initial listing price of PHP 1.20 per share, after jumping upwards as much as 983% from the initial listing price. Just today, the stock … Continue reading

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PSEi – An introduction to the Philippine Stock Exchange Index

The Philippine Stock Market, as discussed in earlier articles, serves an important function in the economy of the Philippines. As such, all movements by the PSEi, or the Philippine Stock Exchange Index (formerly Phisix) is regularly watched by almost all … Continue reading

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COMPANY NEWS & DEVELOPMENTS: September 13, 2011

SUNTRUST HOME DEVELOPERS, INC [SUN] The acquisition of 100% of First Oceanic Management, Inc., a property management company, valued at php18M was approved by the Board of Directors. This is expected to create a fresh stream of revenue to complement … Continue reading

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DAILY MARKET VIEW: TD 177, 13 September 2011

Stocks retreat on Europe concerns AN increasing chance of a Greek-default, aggravated by a looming downgrade of at least three French banks pushed sentiments far into the side of pessimism, leading to a poor start to this week’s trades. The … Continue reading

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Corporate News: Abra Mining and Industrial Corporation (AR)

Abra Mining and Industrial Corp. (AR) has signed a deal with Olympus Pacific Minerals, Inc. of Canada to co-develop a mining area in Abra province. Although details have yet to be released, the joint venture will involve a 756 hectare … Continue reading

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Corporate News: Suntrust Home Developers Incorporated (SUN)

Suntrust Home Developers, Inc. (SUN) announced that it has acquired full-ownership of First Oceanic Property Management, Inc., a firm engaged in the management of residential and office condominium and private estates. It currently handles management of 41 residential condominiums and … Continue reading

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Corporate News: Cebu Air Incorporated (CEB)

Cebu Air Inc. (CEB) is set to take deliver of four (4) new aircraft in 4Q11 which is part of its massive fleet expansion program. The new Airbus A320 aircraft will be used to ply added routes and increase the … Continue reading

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Corporate News: Philex Petroleum Corporation (PXP)

Philex Petroleum Corp. (PXP) surged on its first trading day, closing at PhP8.60 per share, up 616% from its introductory price of PhP1.20 per share. The PX oil and exploration subsidiary listed a total 1.7 billion common shares (including 598.6 … Continue reading

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