Daily Archives: May 18, 2021

On Balance: Daily Notes for May 19, 2021

Posted on May 18, 2021 by research

OUR VIEW Trade within the market’s short-term range. PSEi remains in the downtrend with no sign of reversal yet. The sentiment is still clouded by uncertainties in the market. Meanwhile, the improving situation of the Covid-19 pandemic in the Philippines … Continue reading →

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IPO Report: Monde Nissin Corporation [PSE MONDE]

Posted on May 18, 2021 by research

OUR TAKE Monde Nissin Corporation [PSE: MONDE] will offer 3.6 Bn shares, with an over-allotment option of up to 540 Mn priced at P13.50 each. Estimated net proceeds of P46.16 Bn are earmarked for capital expenditures and debt repayment. For … Continue reading →

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