Monthly Archives: November 2012

Accord Capital Daily, Monday, November 19, 2012

The top 10 gainers list is peppered with a mix of “speculative-flavored”, rumor-driven and thinly-traded counters. San Miguel Properties [pse: SMP] advanced 27.27% to PHP700.00 per share. Gatchalian-controlled Philippine Estates Corporation [pse: PHES] gained 26.56% to PHP0.81 as traded volume … Continue reading

Comments Off

Market Daily for Friday, 16 November 2012

Market Daily for Friday, 16 November 2012 HIGHLIGHTS: Remittances climb 6% in September to US$2.04bn; up 5.7% year-to-date FGEN 9M12 net income surges to US$147m from US$10m VLL 9M12 net income grows 23% to PhP3.2bn on sales Valuation table For … Continue reading

Comments Off

Accord Capital Daily, Wednesday, November 15, 2012

For the year-to-date, the PSEI has retraced no more than a 50% of a prior accumulated advance. The corrections have been between 30% and 50% of the immediately preceding aggregate points rise. The current leg which traces back to the … Continue reading

Comments Off

Accord Capital Daily, Wednesday, November 14, 2012

FOR THE SECOND STRAIGHT SESSION this week, activity slowed quite a bit as investors appeared listless in light of fiscal cliff concerns in the US and a still unstable European situation. For the full research, click here: WK46_TD215_November 14, 2012_WEDNESDAY DISCLAIMER: … Continue reading

Comments Off

Market Daily for Wednesday, 14 November 2012

Market Daily for Wednesday, 14 November 2012 HIGHLIGHTS: Foreign direct investments in Jan to Aug period tops US$1.0bn, up 61% year on year AGI 9M12 core net income rises 48% to PhP13.5bn on strong gaming and liquor business LR buys … Continue reading

Comments Off

Company Update: DMCI Holdings, Inc.

Company Update: DMCI Holdings, Inc. 9M12 net income up 12% to PhP7.9bn Price: PhP52.10 Rating: Buy on weakness For the full research, click here: DMC 9M12 DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT IS NOT … Continue reading

Comments Off

Accord Capital Daily, Monday, November 12, 2012

RP stocks rise on the week…LOCAL SHARE PRICES advanced 0.8% to finish week 45 at 5,468.79, just 4.82 points short of the record close posted earlier in the same week. The intra-day record high of 5,484.63 set in early October … Continue reading

Comments Off

Market Daily for Friday, November 9, 2012

Market Daily for Friday, 9 November 2012 HIGHLIGHTS: Philippines’ Gross International Reserves at US$82.1bn in October ICT 9M12 recurring net income gains 11% to US$95.3m on cargo volume, new terminals SM 9M12 net income jumps 14% to PhP16.1bn on strong … Continue reading

Comments Off

Accord Capital Daily, Thursday, November 8, 2012

HIGHLIGHTS: 1.Obama wins 2nd term, routs Romney in electoral votes 2. Local share prices defy global trend, falls on technical indications, disappointing earnings 3. Confidence still intact, with buyers expected to show up moving forward For the full research, click … Continue reading

Comments Off

Accord Capital Daily, Wednesday, November 7, 2012

Highlight: An equally important vote on austerity measures and the 2013 budget in Greece takes place inside the week. For the full research, click here: WK45_TD210_November 7, 2012_WEDNESDAY DISCLAIMER: THE MATERIAL CONTAINED IN THIS PUBLICATION IS FOR INFORMATION PURPOSES ONLY. IT … Continue reading

Comments Off