Trader's Logbook

A news from Interaksyon.com which will surely drum up DNL’s price to a new level soon. Just be careful some trader’s may sell on news on short term. I am becoming more interested in investing for long term on this stock. Here is the news: MANILA – Australian food ingredients firms have tapped the wholly [...]

PRODUCTION at the Galoc oil field in offshore Palawan was estimated to have reached close to 10 million barrels as of end-2012, depleting roughly 69 percent of the 14.4 million barrels of projected reserves in the block covered by Service Contract 14C1. Australian firm Nido Petroleum Ltd., which holds a 22.88-percent stake in the service [...]

COL has a BUY rating with Fair Value of 39, with the current price of 33 a share, we still have an upside percentage of around 20%. Here is what they are saying: Acquisition of Company E: A Small Step in the Right Direction. Last January 14, Puregold acquired 100% of Company E Corporation for [...]

I have read the news about Harbor Star going public. Harbor Star readies IPO to raise P600m Harbor Star Shipping Services Inc., which provides harbor services to port operators and shipping companies, plans to conduct an initial public offering to raise nearly P600 million in fresh capital. The company said in a filing with the [...]

MANILA – Globe Telecom on Tuesday said it is looking to generate revenues from mobile advertising, taking advantage of the popularity of handsets. The Ayala-led telco in 2012 partnered with Out There Media for a mobile advertising platform – My Rewards, My Globe Plus – which already has over two million opt-in subscribers. Top consumer [...]

So here we have the final 10 of the companies that didn’t comply with the minimum public float of 10% Alphaland Corp – 8.03% PAL Holdings Inc – 2.3% Allied Banking Corp – 2.3% PNOC Exploration Corp – 0/21% San Miguel Brewery, Inc – 0.61% San Miguel Properties, Inc – 0.06% Philcomsat Holdings Corp – [...]

Another good reason for AP investors to hold into their shares (and maybe add more). MANILA – The joint venture of SN Power Invest AS of Norway and Aboitiz Power Corp plans to put up run-of-river hydropower plants. Emmanuel V. Rubio, SN Aboitz Power Inc (SNAP) president, said the company plans to put up new hydro [...]

So many rumors about Mercury Drug going public and using listed companies for backdoor entry. Here is another one and this is the reason why Touch Solutions Inc (TSI) went up so fast yesterday. MANILA, Philippines – Listed Touch Solutions Inc.’s share price hit the roof yesterday on rumors it is a target for   a [...]

PSE posted an updated list of companies with public float levels below 10%. LTG, SPC, IMI, ALPHA, MAKE, PAL, FDC to name a few are on the list. They are given until December 31, 2012 to comply. “Immediately after December 31, 2012, the Exchange shall impose a trading suspension on the shares of non-compliant listed [...]

The rally of MIH/MIHB has been fueled by this news. Good for those who have gained from the rally. Now that the news is out, what will happen? http://www.bloomberg.com/news/2012-12-07/melco-crown-to-buy-philippines-company-as-project-vehicle.html Melco Crown Entertainment Ltd. (6883), a casino venture between billionaire James Packer and a son of gambling tycoon Stanley Ho, will buy a Philippines-listed company as [...]

ANI – AgriNurture Inc has entered into a JV agreement with a Laguna-based manufacturing company for the management and operation of a tetra packing line for the listed firm’s coconut water products. http://www.interaksyon.com/business/49884/agrinurture-taps-packaging-firm-for-coconut-water-venture EG – PSE will implement a one hour trading halt on IP E-Game Ventures, Inc. (EG) shares on Monday December 10, 2012, [...]

Is WEB done with its buy back? Disclosure today shows that it has purchased 372,000 shares at 13.3476 a share. http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-8734_WEB.pdf Looks like TP of 17 as what others speculated is too far.

IP CONVERGE DATA CENTER, INC.NON-COMPLIANCE WITH THE STRUCTURED REPORTORIAL REQUIREMENTS OF THE EXCHANGE TRADING SUSPENSION See the disclosure here http://www.pse.com.ph/resource/memos/2012/DA_2012-0339.pdf What will happen to its price once halt will be lifted?

We have seen ALI’s price taxing inside the Ascending Triangle and it seems we are near the point of breaking from the resistance. Will it happen soon? How is this news going to affect the movement of ALI’s price? ALI unveils new condo project with P7B sales value MANILA, Philippines – Property giant Ayala Land [...]

MANILA – Bank of America – Merrill Lynch (BofA-ML) said it sees the peso-US dollar exchange rate hitting P37:$1 by end-2013 on the back of the bullish sentiment on the Philippines given its better growth story. In its latest research note, the investment bank said all Asian currencies are expected to appreciate further next year [...]

News on www.interaksyon.com about US gambling regulators unearth $5-million payment from Okada group to ex-Pagcor consultant may just hinder our favorite gaming stocks to rise before the end of the year. TOKYO – US gaming regulators are investigating millions of dollars paid by affiliates of Japanese billionaire Kazuo Okada’s Universal Entertainment Corp to a former consultant for [...]

Heard the news lately about another company to go public? Its the D&L Industries Inc that will go public this coming December 12. This might be the last company to go public this year. Are you going to play or wait to see the market sentiment. Let the HYPING begin! Food additives maker D&L sets [...]

Will this be a good one? SEC approves IPO of former ambassador Yao’s thrift bank MANILA – The Securities and Exchange Commission has approved the P4.25-billion maiden share sale of Philippine Business Bank Inc. The initial public offering of the thrift lender owned by Alfredo Yao is scheduled to run November 12-19, with the bank [...]

Got this news from http://www.bworldonline.com and as it always happen, shares for subscription will always be oversubscribed. Whether there is truth to that or just hyping, I do not know. Read the article below. THE RECENTLY concluded follow-on offering of education-oriented holding firm STI Investments Holdings, Inc. has been oversubscribed by “over two times” amid [...]

An article from Philstar which brings joy to some of us but there are also group of people that don’t like the news. These are the OFWs and business owners who get to be paid in dollar. I just hope that if this will come true, it will open more opportunities for Filipinos. Are we [...]