Daily Archives: June 17, 2022

Balai Ni Fruitas [PSE: BALAI] IPO Report

Posted on June 17, 2022 by research

OVERVIEW Balai Ni Fruitas [PSE: BALAI] will offer 375 Mn shares, with an over-allotment option of up to 37.5 Mn shares priced at P0.70 each. Estimated net proceeds worth P203.80 Mn are earmarked for its expansion plans. We recommend not … Continue reading →

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On Balance: Daily Notes for June 17, 2022

Posted on June 17, 2022 by research

OUR VIEW Sell some shares. Since the Federal Reserve raises interest rates by 75 bps as anticipated by the investors, the market had some relief, however, it still fails to return above the 6,400 old support level so we expect … Continue reading →

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