Daily Archives: October 18, 2011

Economic Outlook: October 18, 2011

The German Chancellor’s chief spokesman, Steffen Seibert, has made a statement earlier that the European leadership will not provide a quick ending to the debt crisis hounding the continent, going against hopes of global policy makers pushing for the resolution … Continue reading

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PSEi Performance – Gainers, Losers, Most Active – 10/18/2011

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

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]

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]

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]

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

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)

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)

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)

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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