Monthly Archives: March 2014

Accord Capital Highlight, March 21, 2014

Posted on March 24, 2014 by research

AFTER MONTHS AND MONTHS of being criticized for its vague language and unclear guidance on the stimulus and interest rates, new US Federal Reserve chairperson Janet Yellen gave the the market what it had been seeking – the clearest guidance possible … Continue reading →

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COMPANY UPDATE: TRAVELLERS INTERNATIONAL HOTEL (RWM)

Posted on March 21, 2014 by LawrenceAaron_DeLeon

RWM 2013 Results COMPANY UPDATE: TRAVELLERS INTERNATIONAL HOTEL (RWM) 2013 Net income drops 60% to PhP2.7bn on weaker VIP win rates and forex losses; Drop volumes remain strong, holds operational advantage relative to newer rivals going into 2014. HOLD.  

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Market Daily for Thursday, 20 March 2014

Posted on March 20, 2014 by LawrenceAaron_DeLeon

March 20, 2014 HIGHLIGHTS: Philippines BOP posts a US$345m surplus in February from January deficit Motor vehicle sales jump 17% in February on strong demand MEG to develop Davao Park District township MPI 2013 core net income up 10% to … Continue reading →

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PSEi, March 19, 2014

Posted on March 19, 2014 by research

TECHNICAL GUIDE: Based on March 18, 2014 closing levels TECH GUIDE for March 19, 2014_Wednesday

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Market Daily for Wednesday, 19 March 2014

Posted on March 19, 2014 by LawrenceAaron_DeLeon

March 19, 2014 HIGHLIGHTS: Remittances in January slows to US$2.0bn on seasonality NEDA says govt to spend PhP4.2 trillion on projects thru 2016 RRHI 2013 net income surges more than 120% to PhP3.0bn BHI to get initial PhP1.3bn payment for … Continue reading →

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COMPANY UPDATE: MANILA ELECTRIC CO. 2013 RESULTS

Posted on March 18, 2014 by research

COMPANY UPDATE: MANILA ELECTRIC CO. 2013 RESULTS Core net income up 5% y-o-y to PhP17.0bn, inline with expectation; Demand lifts energy sales 4% to record level; systems loss at fresh lows on improved efficiencies; Power generation business to increase contribution … Continue reading →

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Market Daily for Friday, 14 March 2014

Posted on March 14, 2014 by LawrenceAaron_DeLeon

March 14, 2014 HIGHLIGHTS: Registered investments outflow in Jan-Feb period reach US$2.2bn GERI to offer stock options ahead of expansion ALI buys additional stake in cooling system contractor EG sells Level Up! portal to Asiasoft Corp PSE 2013 net income … Continue reading →

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PSEi, March 13, 2014

Posted on March 13, 2014 by research

TECHNICAL GUIDE: Based on March 5, 2014 closing levels Tech Guid for March 13, 2014

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Market Daily for Thursday, 13 March 2014

Posted on March 13, 2014 by LawrenceAaron_DeLeon

March 13, 2014 HIGHLIGHTS: Philippines unemployment rate spikes to 7.5% in January AEV 2013 consolidated net income drops 12% to PhP21bn on lower power contribution URC to enter power generation business in Negros EDC has re-energized damaged Mahanagdong power unit … Continue reading →

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Accord Capital Daily Highlight, March 12, 2014

Posted on March 12, 2014 by research

CONCERNS OVER CHINA and the Ukraine hover but investors found enough gumption to pick-up equities beaten by Monday’s rout sending Asian indexes higher even as volatility narrowed. Local share prices broke past the 6500-mark sustaining the uptrend drawn since the December … Continue reading →

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