Monthly Archives: October 2011

LISTED COMPANY NEWS & DISCLOSURES: ORIENTAL PENINSULA RESOURCES GROUP, INC. [pse: ORE]

Posted on October 18, 2011 by research

The Company’s nickel mining arm, Citinickel Mines and Development Corporation, has already reached its target of 16 shipments with 50k tons of nickel ore for 2011. Ceteris paribus, it should be able to complete 7 more shipments to Chinese and … Continue reading →

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LISTED COMPANY NEWS & DISCLOSURES: PACIFIC ONLINE SYSTEMS CORPORATION [pse: LOTO]

Posted on October 18, 2011 by research

The Company’s Board of Directors have approved to start the ball rolling on the listing by way of introduction of subsidiary, Lucky Circle Corporation. DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT TO … Continue reading →

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LISTED COMPANY NEWS & DISCLOSURES: METRO PACIFIC TOLLWAYS CORPORATION [pse: TOL]

Posted on October 18, 2011 by research

Earnings Guidance The Company confirms it is likely to miss the php7 billion 2011 target revenue as higher than projected fuel prices, inclement weather and higher toll fees affected traffic volume. Nevertheless, it expressed confidence last year’s record toll revenue … Continue reading →

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LISTED COMPANY NEWS & DISCLOSURES: JTH DAVIES HOLDINGS, INC [pse: JTH]

Posted on October 18, 2011 by research

The Company denies reports the amendments to the AOI and By Laws is a prelude to the backdoor listing of another Eusebio Tanco entity — identified as Systems Technology Institute [STI]. While it is exploring options and alternatives on businesses … Continue reading →

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DAILY VIEW: WEEK 42, TD 200-201, October 17-18, 2011

Posted on October 18, 2011 by research

MARKET ACTION: October 17, 2011_Monday Stocks extended gains as G20 leaders endorsed part of a plan to avert a Greek default. Financial markets remains on edge however, waiting for the details of an expanded rescue facility in the coming days. … Continue reading →

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Corporate News: Splash Corp. (SPH)

Posted on October 18, 2011 by research

Splash Corp. (SPH) is expanding its overseas operations by putting up manufacturing facilities in the Middle East and Africa as it taps other markets for its personal care products. This is a step up from the company’s current network of … Continue reading →

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Corporate News: Metro Pacific Tollways Corp. (TOL)

Posted on October 18, 2011 by research

Metro Pacific Tollways Corp. (TOL) said it will miss its full-year revenue target of PhP7.0bn for 2011 due mainly to flat vehicle volume at its operating tollway network. The company added that higher fuel prices, bad weather conditions due to … Continue reading →

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Corporate News: Oriental Peninsula Resources Group (ORE)

Posted on October 18, 2011 by research

Oriental Peninsula Resources Group (ORE) expects a record year of shipments for its nickel ore for 2011 after its unit, Citinickel Mines and Development Corp., already hit its full year shipment target this year. Citinickel achieved its target of 16 … Continue reading →

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Corporate News: SM Investments Corp. (SM)

Posted on October 18, 2011 by research

SM Investments Corp. (SM) confirmed that it is looking at a net income growth of between 12% to 14% for 2011. Much of this growth will come from its retail and real estate business and banking operations. For 2012, SM … Continue reading →

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Market Summary and Outlook: October 18, 2011

Posted on October 18, 2011 by research

Optimism over the government’s economic stimulus package and the expansionary stance by the Central Bank pushed local share prices higher for the eighth straight day Monday. The PSEi main index jumped 61.05 points, or 1.47% higher from Friday, to close … Continue reading →

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