Monthly Archives: September 2015

Accord Capital Weekly Highlight, September 7 to 11, 2015

Posted on September 7, 2015 by research

OUTLOOK: THE CURRENT SITUATION sounds the bullhorn for objectivity. The most difficult thing to do right now is to stay un-emotional – particularly as gains gradually built in months were being wiped out in a matter of minutes. Emerging signals … Continue reading →

Comments Off

Market Daily for Friday, 4 September 2015

Posted on September 4, 2015 by research

September 4, 2015 HIGHLIGHTS: IMF sees slower Philippine GDP growth in 2H15 X buys 51% stake in GLO’s Yondu unit SBS reports 1H15 net income of PhP72.5m, up 115% y-o-y AC unit sells stake in Luzon Wind ION in partnership … Continue reading →

Comments Off

Accord Capital Daily Highlight, September 4, 2015

Posted on September 4, 2015 by research

OUTLOOK: SLOWER ECONOMIC GROWTH this year is inevitable and real. With the first semester growth at 5.3%, hitting even the lower end of the 7.0% to 8.0% target will require an improbable pace in the next two quarters. Note that … Continue reading →

Comments Off

Accord Capital Daily Highlight, September 3, 2015

Posted on September 3, 2015 by research

OUTLOOK: Conventional bull market logic suggests one should buy in on substantial declines. There are caveats to this proposition, however. Among other things that need to be asked and answered include: what is the cause of the decline? Did this … Continue reading →

Comments Off

Market Daily for Wednesday, 2 September 2015

Posted on September 2, 2015 by research

September 2, 2015 HIGHLIGHTS: Loan growth of banks slows to 13.5% in July; consumer loans quality improves in 1Q Domestic liquidity decelerates to 8.5% in July from 9.3% in June RRHI to buy 90% of Savers Electronic World, a chain … Continue reading →

Comments Off

Accord Capital Daily Highlight, September 2, 2015

Posted on September 2, 2015 by research

OUTLOOK: AS THE PHILIPPINE MARKET stayed shut for National Heroes’ Day and the media tuned in on the Iglesia Ni Cristo “peaceful assembly” at a major intersection, its Asian peers posted huge losses even as the narrower Southeast region defied … Continue reading →

Comments Off