Daily Archives: May 27, 2020

On Balance: Daily Notes for May 28, 2020

Posted on May 27, 2020 by research

OUR VIEW Cautiously buy shares amid optimism on the reopening of the economy which brings US stock futures higher yesterday. At home, Metro Manila mayors agreed to place NCR under general community quarantine (GCQ), which could help for economic recovery … Continue reading →

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MerryMart Report

Posted on May 27, 2020 by research

OUR TAKE MerryMart Consumer Corp. [MM] will offer 1,594,936,709 shares priced at P1.00 each.  Estimated proceeds of P1.4 billion are earmarked for capital expenditures and initial working capital for store network expansion, distribution centers and general corporate purposes. We recommend … Continue reading →

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On Balance: Daily Notes for May 27, 2020

Posted on May 27, 2020 by research

OUR VIEW Trade cautiously as investors weigh vaccine hopes abroad and government’s action against the Covid-19 pandemic. Equity markets were mostly up after Novavax has started the Phase 1 clinical trial of a coronavirus vaccine, and preliminary results from trial … Continue reading →

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