Monthly Archives: April 2014

Accord Capital Highlight, April 15, 2014

“TRADES FOR THE SHORTENED LENTEN WEEK kicked off sluggishly with the index moving within a tight band, tipping the 6,600-mark before retreating on light value turnover. Nevertheless, the measure continues to hold above the top-end of the immediate support band at between 6,550 … Continue reading

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COMPANY UPDATE: MANILA BULLETIN PUBLISHING (MB)

MB April 2014 COMPANY UPDATE: MANILA BULLETIN PUBLISHING (MB) Price up more than 200% after the demise of Chairman E.T. Yap on takeover speculation; recent deal between MediaQuest and Philippine Star suggests potential upside. However, EBITDA multiple indicates MB could … Continue reading

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PSEi, April 14, 2014

TECHNICAL GUIDE: Based on April 11, 2014 closing levels TECH GUIDE for APRIL 14, 2014_MONDAY

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Accord Capital Highlight, April 14, 2014

The PSEI alternated between gains and losses over the four-session week but managed to write a 0.5% weekly gain despite the -42 points retreat Friday. The 52-week chart nevertheless should continue to draw optimism with the second weekly advance putting … Continue reading

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Market Daily for Friday, 11 April 2014

April 11, 2014 HIGHLIGHTS: Philippine exports surge 22.4% to US$4.65bn in February CEB gets EU green light to fly to European destinations MEG 2013 net income up 22% y-o-y to PhP9bn on sales ABS 2013 net income gains 25% y-o-y … Continue reading

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Accord Capital Highlight, April 10, 2014

“The market’s weekly chart is still, at this point, largely unaffected even by a recent three-week slide. The measure remains above all possible down-trend lines drawn off the May 2013 all-time highs. Volume continues to be biased toward accumulation, supporting … Continue reading

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PSEi, April 8, 2014

TECHNICAL GUIDE: Based on April 7, 2014 closing levels TECH GUIDE for APRIL 8, 2014_TUESDAY

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Accord Capital Highlight, April 7, 2014

THE LOCAL MARKET started the week on a positive tone, brushing off a triple-digit, more than 1.0% slide in US stocks Friday and defying its peers in the wider Asian region. The Double Dragon [pse:DD]debut may have changed the IPO … Continue reading

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Market Daily for Monday, 8 April 2014

April 8, 2014 HIGHLIGHTS: Gross international reserves in March dip for the third month in five MEG to spend PhP30bn in Mactan township project ALI to sell PhP31bn worth of new shares to fund projects COSCO 2013 net income up … Continue reading

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Market Daily for Monday, 7 April 2014

April 7, 2014 HIGHLIGHTS: March headline inflation rate slows to 3.9% from 4.1% in February MEG to spend PhP5bn for 10-office towers in Iloilo Business Park BEL records 2013 net income of PhP3.6bn on lease payments FPH 2013 net income … Continue reading

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