Monthly Archives: February 2015

Accord Capital Highlight, February 17, 2015

Posted on February 17, 2015 by research

Outlook: The PSEI keeps heading higher, with today’s week opening action allowing an all-too-brief and marginal visit above 7800 — once early in the morning session and yet another in the early stages of the trades past noon break. Both failed … Continue reading →

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Accord Capital Highlight, February 16, 2015

Posted on February 16, 2015 by research

Outlook: Half-way through the second month of the year, the PSEi has added 76.67-points or 1.0% to January’s 459.34 points (6.35%) gains. This compares to the 152.42 points (2.59%) advance in the first 27 trading sessions last year… For the full … Continue reading →

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Company Update: MANILA WATER CO., INC. (MWC)

Posted on February 13, 2015 by research

MWC 2014 Results 2014 net income up 1% to PhP5.8bn on revenues of PhP16.3bn, up 3%; 4Q14 net income of PhP1.3bn is -9% q-o-q on lower billed volume and higher expenses. Awaiting decision from Arbitration on East zone concession for … Continue reading →

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Accord Capital Highlight, February 13, 2015

Posted on February 13, 2015 by research

Outlook: STOCK futures indexes in both the US and Eu-rope are both thinly changed albeit in opposite directions. Today’s share price movements are equally tepid in the local bourse, with even value turnover falling way short of the averages, either of … Continue reading →

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Market Daily for Wednesday, 11 February 2015

Posted on February 11, 2015 by research

February 11, 2015 HIGHLIGHTS: FDI up 34% to US$399m in November: up 62% in 11-months Exports decline by 3.2% in December on weak China and Japan CEB falls short of 2014 passenger volume target MPI sells US$200m worth of shares … Continue reading →

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Accord Capital Highlight, February 11, 2015

Posted on February 11, 2015 by research

THE PSEI opened Tuesday on the very mark not a few market watchers, analysts and participants had defined as the full-year index target — 7800. Yet, we are only 25 days into the 220+ days annual trading cycle.This is another … Continue reading →

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Market Daily for Tuesday 10 February 2015

Posted on February 10, 2015 by research

February 10, 2015 HIGHLIGHTS: GIR in January up slightly to US$80.18bn Philippine casinos threatened by China crackdown Philippine metal output value up 37% in 3Q14 ALI buys additional stake in Trinoma mall owner MEG to launch five townships this year … Continue reading →

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Accord Capital Highlight, February 10, 2015

Posted on February 10, 2015 by research

PHILIPPINE SHARE PRICES took off on a positive note,racing to new records, to welcome the week despite a weekend peppered with mixed but generally negative inputs as outlined and briefly discussed below. Investors may have opted to shield their decisions … Continue reading →

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Accord Capital Highlight, February 9, 2015

Posted on February 9, 2015 by research

Outlook: The markets look to week 6 of trades still with a mixed bag of impetus — a near balance be-tween bullish and bearish items. With the earnings season unfolding, and so far giving a good reflection of and consistent with … Continue reading →

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Market Daily for Friday, 6 February 2015

Posted on February 6, 2015 by research

February 6, 2015 HIGHLIGHTS: January inflation dips to 2.4%, lowest in 11 months GLO reports 2014 core net income of PhP14.5bn, up 25% y-o-y RFM 2014 net income up 10% to PhP863m  

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