Daily Archives: August 20, 2015

COMPANY UPDATE: DMCI Holdings, Inc. (DMC)

Posted on August 20, 2015 by research

DMC 1H15 Results 1H15 net income up 28% to P6.6bn on earnings growth from SCC, mining, power and water units; construction takes hit from delayed PPP projects but may recover on gov’t spending. Trading at discount. HOLD.

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Accord Capital Daily Highlight, August 20, 2015

Posted on August 20, 2015 by research

OUTLOOK: The main question at this point is how far the rout in Chinese equities poses a drag to domestic sentiments. At this point, unless a strong 2Q GDP comes out next week (or at least levels that would satisfy … Continue reading →

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