Monthly Archives: October 2014

Market Daily for Wednesday, 15 October 2014

Posted on October 15, 2014 by research

October 15, 2014 HIGHLIGHTS: PEZA investments up 6% to PhP148bn in 9M14, lower than target FDI net inflows in Jan-Jul up 56% y-o-y to US$4.0bn KEP to expand Podium mall with office tower CNPF to go into warehousing business DMPL … Continue reading →

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Accord Capital Highlight, October 14, 2014

Posted on October 14, 2014 by research

The beginning of this week’s trades carries over from the global slump sustained last week. It would seem at this point that the default mode is pessimism and only a fresh whiff of a positive news cycle can overturn sentiments … Continue reading →

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Market Daily for Tuesday, 14 October 2014

Posted on October 14, 2014 by research

October 14, 2014 HIGHLIGHTS: Board of Investments expects lower growth this year NIKL reports significant increase in 9M14 ore shipments, revenues CEB August passenger volume up 17% y-o-y JAS to sell 70% of shares for possible backdoor listing SSI Group … Continue reading →

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PSEi, October 13, 2014

Posted on October 13, 2014 by research

TECHNICAL GUIDE: Based on October 10, 2014 closing levels OCTOBER 13, 2014_MON_TECH GUIDE

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Accord Capital Highlight, October 13, 2014

Posted on October 13, 2014 by research

OUTLOOK: Last week’s global rout magnifies the divide between the optimists and their counterparts. The former will obviously be looking forward to the coming week’s trades to hunt for bargains, particularly with the approach of the Q3 earnings season. Alternatively, … Continue reading →

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Market Daily for Monday, 13 October 2014

Posted on October 13, 2014 by research

October 13, 2014 HIGHLIGHTS: Philippines merchandise exports rise 10.5% in August; 9.2% ytd APX to acquire Monte Oro Mining for PhP5.1bn MWC to borrow PhP650m for Boracay Water capes EMP confirms plan to buy additional 1,000 hectare vineyard in Spain … Continue reading →

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Market Daily for Friday, 10 October 2014

Posted on October 10, 2014 by research

October 10, 2014 HIGHLIGHTS: NPL ratio little changed at 2.11% at end-July Domestic vehicle sales jump 42% in September on demand FPH unit wins court case vs Korean firm DD to put up CityMall in Boracay DNL completes 99.7% purchase … Continue reading →

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Company Update: COSCO CAPITAL, INC. (COSCO)

Posted on October 9, 2014 by research

COSCO slides – October 2014 COSCO is on an expansion spree, acquiring retail-related businesses this year. It bought a pharmacy (360), an LPG retailer (Liquigaz Philippines), while its majority owner, Lucio Co, recently bought a 50% stake in PB Com, … Continue reading →

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Revisiting 2014 Outlook

Posted on October 3, 2014 by research

The PSEI and the Stock Market. Our initial projections for the PSEI was between 6,700 and 6,900 based on the correlation between economic growth, earnings and share prices. Even as our calculations for the economy appears to be on-the-money, earnings … Continue reading →

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Accord Capital Highlight, October 3, 2014

Posted on October 3, 2014 by research

Markets across Asia were in the red with the benchmark MSCI Asia Pacific Index slipping for a fifth straight day. Protesters dug their heels in the streets of Hong Kong.Investors at the local bourse slumped right off the bat, leaving … Continue reading →

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