Monthly Archives: October 2018

Philstocks initiates coverage of Integrated Micro-electronics, Inc. (IMI): TP P16.34 (Buy)

Be equipped with the right knowledge and become an informed and effective trader! Highlights: – IMI is tagged with a BUY rating and a P16.34 price target over the next 9 – 12 months. – 1H 2018 Revenue surged by … Continue reading

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Daily Notes: October 4, 2018

Market Outlook Various agencies (DoF and NEDA) have downgrade GDP forecast for 2018 from 7.0% to 6.6-6.8% noted that it is “unlikely to happen given current economic situation of the country”, this is below the government’s target of 7-8% target … Continue reading

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Daily Notes: October 3, 2018

Market Outlook Valuation may come into the picture as investors take stock of the market’s extended decline – three straight, five in the last six. Index heavyweights have taken the brunt of selling which alternatively introduces potential bargains for long … Continue reading

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Daily Notes: October 2, 2018

Market Outlook Monday’s action showed the distress on the part of investors as Friday approaches. Inflation woes continue to temper the market especially now with the upper limit of forecasts hitting 7.1%. Many chose to stay in the sidelines as … Continue reading

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