Monthly Archives: February 2020

OUR VIEW Cautiously hunt for bargains as stocks remain at attractive levels with 26 of the index members trading below their 5-year PE multiple average. Six out of these: LTG,DMC, AC, MPI, FGEN, and ICT are trading more than 50% … Continue reading →

OUR VIEW Fill the gap from last week’s trading session, amid escalating cases of COVID-19 in China. NEDA is confident that the Philippines will reach 6% growth despite worries on COVID-19. It also indicated that the tourism industry could lose … Continue reading →

OUR VIEW Trade within the short range for now. Traders are expected to fill the gaps after the market broke 7,400 support level with higher value turnover. CIC: FY2019 net sales at P15.1 billion, 6%  up, y/y. net income/loss, however, … Continue reading →

OUR VIEW Trade cautiously. If the market declines below 7,400, we can see the PSEi filling the gap around 7,300 area. The impact of current virus which has taken more than 1,000 lives, are being assessed by the investors. BUY: … Continue reading →

OUR VIEW Profit taking to weigh on the market sentiment amid concerns over coronavirus. Additionally, the 7,500 resistance line remains to be strong. Solicitor General Jose Calida asked the Supreme Court to revoke the legislative franchise of ABS. In response … Continue reading →

OUR VIEW Buy on dips as the market is seen to take a breather from its rally. The local bourse’s recent 370.17 tall, 4-day surge gives room for profit taking. Lingering Coronavirus concerns are seen to increase the likelihood of … Continue reading →

OUR VIEW Be cautious trading the market as correction may prevail following the gaps it had in the past trading days. SMC would have lower cost of debt after Philratings gave PRS Aaa (corp.) rating on its P60 billion commercial … Continue reading →

OUR VIEW Fill the gap from yesterday’s trading, while waiting for the BSP’s interest rate decision and developments on nCov-2019 cases. We expect that the BSP will hold monetary policy rate. Meanwhile, Department of Health confirmed third case of coronavirus … Continue reading →

OUR VIEW Store in the portfolio fundamentally sound companies for long-term horizon but shortterm traders should be cautious trading the market amid uncertainties over coronavirus. BUY: GLO FY 2019 core net income reached P22.4 billion, 20% up y/y. Dividends_Ex-date: Feb … Continue reading →