Monthly Archives: October 2021

AllDay Inc. [PSE: ALLDY] IPO Report

Posted on October 18, 2021 by research

OUR TAKE AllDay Marts, Inc. [PSE: ALLDY] will offer 6.86 Bn shares, with an over-allotment option of up to 658 Mn priced at P0.60 each. Estimated net proceeds of P3.95 Bn are earmarked for debt repayment and capital expenditures. SUBSCRIBE … Continue reading →

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On Balance: Daily Notes for October 15, 2021

Posted on October 15, 2021 by research

OUR VIEW Trade cautiously. The optimism stemming from the easing of restrictions in the NCR is still expected to provide support to the local bourse. Adding to this is the improving COVID-19 situation in the country which if sustained, strengthens … Continue reading →

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On Balance: Daily Notes for October 14, 2021

Posted on October 14, 2021 by research

OUR VIEW Take positions as cautious optimism may take over the local market this Thursday. This comes as the government has decided to downgrade Metro Manila to alert level 3 beginning October 16 which in turn is seen to be … Continue reading →

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On Balance: Daily Notes for October 13, 2021

Posted on October 13, 2021 by research

OUR VIEW Trade cautiously while the market still testing the old resistance level of 7,000 to 7,100. Local investors would still be hoping for the downgrading of Alert Level in Metro Manila along with it is the further reopening of … Continue reading →

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On Balance: Daily Notes for October 12, 2021

Posted on October 11, 2021 by research

OUR VIEW Accumulate on old resistance, 7,000 to 7,100, if the market stays above this level. Yesterday’s market gain was a strong rally since most stocks were in the green and it was also led by the YTD laggards, the … Continue reading →

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On Balance: Weekly Notes for October 11, 2021

Posted on October 11, 2021 by research

OUR VIEW FOR THE WEEK This week, investors are expected to watch out for the government’s decision on the social restriction measures of the country after October 15. Easing of the restrictions primarily in the National Capital Region may send … Continue reading →

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On Balance: Daily Notes for October 08, 2021

Posted on October 7, 2021 by research

OUR VIEW Book more gains given the strong pullback yesterday as investors may continue to profit take on the last trading day of the week. Market participation is strong with a value turnover of P13.16 Bn. Investors may also exit … Continue reading →

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On Balance: Daily Notes for October 07, 2021

Posted on October 6, 2021 by research

OUR VIEW The trading range remains from 6,800 to 7,000-7,100 levels. The increasing oil prices may negatively affect the sentiment as this may weigh on the inflation rate which will adversely affect consumer spending. Consumer spending will be crucial for … Continue reading →

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On Balance: Daily Notes for October 06, 2021

Posted on October 6, 2021 by research

OUR VIEW Trade cautiously. The market still struggles to breach the 7,000 level amid no fresh leads. We are expecting a sideways movement given the lack of strong catalysts in the market. On the other hand, positive sentiment may come … Continue reading →

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On Balance: Daily Notes for October 05, 2021

Posted on October 4, 2021 by research

OUR VIEW Trade cautiously as the market may trade based on the inflation rate for September that will be released today. Although it is anticipated already that the inflation rate this September will shoot up to above 5%, if it … Continue reading →

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