PHNOM PENH—Southeast Asian nations on Friday vowed to work towards a “code of conduct” in the disputed West Philippine Sea (South China Sea) as it committed to respect international laws in settling disputes. Current chair Cambodia announced that the Association of Southeast Asian Nations had agreed on six principles on the sea, where tensions have [...]
PHILEX MINING CORPORATION Are we going to see some action for this stock tomorrow? Basing on the chart we have a downtrend and at the bottom of it is an engulfing pattern. Bullish Engulfing Pattern is a pattern characterized by a large green real body engulfing a preceding small red real body, which appears during [...]
Watch mode for SMPH as it might pick up volume and push the price up soon. How soon? Your guess is as good as mine!
On a lighter side, lets take a look at how B1 and B2 the famous cartoon character duo talked about PGOLD
PGOLD bounced twice after hitting a certain level of support, will it repeat its performance?
# Stock Code Last Change %Change Value 1 PRIM 1.6000 0.2600 19.40% 47,620 2 MIH 2.9600 0.2300 8.42% 256,760 3 ABA 1.0000 0.0700 7.53% 53,245,520 4 LFM 43.5000 2.5000 6.10% 8,700 5 ATN 2.3200 0.1300 5.94% 946,910 6 FPI 0.2700 0.0150 5.88% 236,900 7 APXB 5.2900 0.2900 5.80% 1,894,528 8 JTH 2.5800 0.1400 5.74% 46,650 [...]
Pinoy will delivery his SONA today. Will there be a big move on the stock prices? Will mining go up or down? It depends upon who the traders/investors view the SONA. Let us hope the movement will make us happy at the end of the day. 9:30 I smell blood 9:43 DFNN is not moving. [...]
ALPHA nears completion of P3B grade-A office bldg., expects to earn P4.4B in over 8 years. CAL is raising authorized capital stock from P845.4M to about P2B to facilitate the issuance of shares to potential investors. To offset debt, purchased all issued and outstanding shares of Agri Phil Corp. and real estate properties offered by [...]
Is this the moment DFNN holders been waiting for? Aside from the news about raising capital (http://www.philstar.com/Article.aspx?publicationSubCategoryId=66&articleId=829851), we can see a bullish pattern at the bottom of the downtrend. If this Bullish Engulfing pattern WILL BE CONFIRMED on Monday then we might see a good rally for the rest of the week.
When people are looking to invest their money, they want the best choice that is going to make them money in the long run. After all, with every investment a person makes, they want to have some kind of return on it. The two most common investments that people make is into the stock market [...]
DFNN has been in a downtrend for quite some time now with a very few volume per day. Will this news awaken this stock? DFNN clears way for future fund-raising amid gaming push MANILA – DFNN Inc. is widening its equity base to support future fund-raising plans as it capitalizes on the booming gaming industry. [...]
Manila, Philippines - Philippine stocks continued to decline yesterday due to a lack of market-moving news in the local front, analysts said. The Philippine Stock Exchange index (PSEi) gave up another 31.18 points to settle at 5,189.37. A total of 2.40 billion shares worth P4.70 billion changed hands at yesterday’s trading. Market breadth was negative [...]
Disclosure of CALATA today In compliance with the Philippine Stock Exchange (“Exchange”) Revised Disclosure Rules, please be advised that in Calata Corporation’s (“The Company”) Board of Directors Meeting held on July 19, 2012, the following matters were discussed and approved: a. Minutes of the last Board of Directors meeting; b. Setting the close of business [...]
Manila, Philippines – Shopping mall giant SM Prime Holdings Inc. will open today SM City San Fernando, its 44th shopping mall in the country which will add some 42,625 square meters of space to total gross leasable area. The seven-storey SM City San Fernando is SM Prime’s third mall in the province, after SM City Pampanga [...]
Although I was not expecting a lesser paper loss still the market is quite boring with only 1 stock make it above 10% gain. # Stock Code Last Change %Change Value 1 AMC 19.5000 2.4600 14.44% 261,200 2 LRI 8.8500 0.6000 7.27% 14,085 3 BMM 60.0000 4.0000 7.14% 18,000 4 GREEN 0.0150 0.0010 7.14% 305,000 [...]
I am not going to expect a lot today although US market is green 9:38 I am glad I sold my VITA yesterday 9:48 LC is up. LMG leads the top gainers 10:04 ELI at .88 now 10:06 ELI at .89 now 10:12 Volume of bid and ask for ELI seems to level out now. [...]
The usual move for SMPH is to break the 23.6% Fibonacci retracement when it retraces and then bounce after that. Will it happen again tomorrow or Monday? Let us see. Caveat!
If you look at PXP’s dips it usually just touch the 23.6% level of Fibonacci Retracement except last May 2 (after the rally) when it dip below 38.2% Will there be a repeat of the big dip or just the normal retracement? Your guess is as good as mine.