Daily Archives: October 27, 2011

PSEi Performance – Gainers, Losers, Most Active – 10/27/2011

Posted on October 27, 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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DISCLOSURE: PHILEX PETROLEUM CORPORATION [pse: PXP]

Posted on October 27, 2011 by research

DISCLOSURE: PHILEX PETROLEUM CORPORATION [pse: PXP] dc 2011-7613 Operating and Financial Result, January to September 2011 The Company posted a php472.1M after-tax profit in the first nine month of the year, pushed by a strong php385.8M revenue from its petroleum … Continue reading →

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DISCLOSURE: BENGUET CORPORATION [pse: BC]

Posted on October 27, 2011 by research

DISCLOSURE: BENGUET CORPORATION [pse: BC] dc 2011-7610 “Supply Contract with Aboitiz Power” The Company signed a 20-year power supply contract with Therma Luzon Inc. (TLI) a unit of Aboitiz Power Corporation [pse: AP] for its current and future mining operations … Continue reading →

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DISCLOSURE: FIRST PHILIPPINE HOLDINGS CORPORATION [pse: FPH]

Posted on October 27, 2011 by research

DISCLOSURE: FIRST PHILIPPINE HOLDINGS CORPORATION [pse: FPH] DC 2011-7609 re: refinancing of dual currency notes The Company will repay in full its $36.6M and php3.2B outstanding dual currency floating rate notes issued in 2007 maturing in 2012 and 2014, with … Continue reading →

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Daily View: WEEK 43, TD 208-209, October 26-27, 2011

Posted on October 27, 2011 by research

MARKET ACTION: October 26, 2011, Wednesday LOCAL SHARE prices followed a predictable pattern, following a 200-point meltdown in the Dow overnight which in turn tracked a Eurozone slump. Ironically, the Asia Pacific region was in the green past midday. Only … Continue reading →

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Corporate News: MacroAsia Corp. (MAC)

Posted on October 27, 2011 by research

MacroAsia Corp. (MAC) said it will be divesting its interest in the third-party logistics business to concentrate on its core operations. MAC, which owns a 49% stake in Toll-MacroAsia Philippines, will transfer its shares to Toll (Asia) PTE of Singapore. … Continue reading →

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Corporate News: GMA Network, Inc. (GMA7) & IP E-Games Ventures (EG)

Posted on October 27, 2011 by research

GMA Network, Inc. (GMA7) and IP E-Games Ventures (EG) have agreed to elevate their partnership in the online gaming industry. GMA7’s subsidiary, GMA New Media, Inc., will invest up to PhP130m in EG to become a strategic partner and gain … Continue reading →

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Corporate News: Ayala Land, Inc. (ALI)

Posted on October 27, 2011 by research

Ayala Land, Inc. (ALI) will be investing PhP3.5bn more to Amaia Land Corp, its low-cost housing firm, for expansion of its horizontal property projects and residential condominium towers. The condominium projects, branded under Amaia Steps and Amaia Skies, will be … Continue reading →

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Corporate News: Philippine Long Distance Telephone (TEL) & JG Summit Holdings, Inc. (JGS)

Posted on October 27, 2011 by research

Philippine Long Distance Telephone (TEL) and JG Summit Holdings, Inc. (JGS) have completed a share swap deal giving majority of Digital Telecommunications Philippines (DGTL) to TEL from JGS. The Securities and Exchange Commission (SEC) and National Telecommunications Commission (NTC) finally … Continue reading →

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Market Summary and Outlook: October 27, 2011

Posted on October 27, 2011 by research

Local share prices tumbled on Wednesday as investors took the decline in major equity markets as reason to pocket recent gains. The PSEi main index fell by 17.76 points, or 0.42% lower from the previous session, to close at 4,224.76 … Continue reading →

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