Philippine Stocks Watch-list : Dec 2018 : X'Mas Sale!!!

Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of December.

To learn the technique of Warren-buffett follow the link below:
http://ph-uvs.blogspot.com/2016/09/warren-buffett-stock-101_27.html

Philippine Stocks Watch-list : Nov 2018 : Sale!!!

Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of November.

To learn the technique of Warren-buffett follow the link below:
http://ph-uvs.blogspot.com/2016/09/warren-buffett-stock-101_27.html

Philippine Stocks Watch-list : JULY 2018

Philippine Stocks Watch-list that are currently undervalued for the month of July.

To learn the technique of Warren-buffett follow the link below:
http://ph-uvs.blogspot.com/2016/09/warren-buffett-stock-101_27.html

Philippine Stocks Watch-list : JUNE 2018

Philippine Stocks Watch-list that are currently undervalued for the month of June.

To learn the technique of Warren-buffett follow the link below:
http://ph-uvs.blogspot.com/2016/09/warren-buffett-stock-101_27.html

Philippine Stocks Watch-list : MAY 2018

Philippine Stocks Watch-list that are currently undervalued for the month of May.

To learn the technique of Warren-buffett follow the link below:
http://ph-uvs.blogspot.com/2016/09/warren-buffett-stock-101_27.html

Philippine Stocks Watch-list : APR 2018

Philippine Stocks Watch-list that are currently undervalued for the month of April.

To learn the technique of Warren-buffett follow the link below:
http://ph-uvs.blogspot.com/2016/09/warren-buffett-stock-101_27.html

Philippine Stocks Watch-list : MAR 2018

Philippine Stocks Watch-list that are currently undervalued for the month of March.

To learn the technique of Warren-buffett follow the link below:
http://ph-uvs.blogspot.com/2016/09/warren-buffett-stock-101_27.html

Philippine Stocks Watch-list : FEB 2018

Philippine Stocks Watch-list that are currently undervalued for the month of February

To learn the technique of Warren-buffett follow the link below:
http://ph-uvs.blogspot.com/2016/09/warren-buffett-stock-101_27.html

PSEi breaks 9000 barrier for the first time

MANILA, Philippines – The Philippine Stock Exchange (PSE) hit another milestone by breaking past the 9000 mark for the first time.

The PSE Index (PSEi) ended trading on Friday, January 26 at 9,041.20, up by 42.03 points or 0.5% from yesterday’s close with all indexes up save for financials and mining and oil.

“While the PSEi was unsuccessful in its two attempts earlier this week to break the 9,000 level, today the index finally penetrated this important mark. The journey to record territory reflects the high confidence investors have in our market,” said PSE President and CEO Ramon Monzon in a statement on Friday.

“We are hopeful that the market’s level will be sustained on the back of solid macroeconomic fundamentals and on expectations of upbeat corporate earnings from our listed companies. Our market is likewise in sync with regional bourses that have reached record highs this month,” he added.

The PSEi has reached new all-time highs 8 times since the start of the new year while it is up 5.6% year-to date.

The local bourse was also was named the best stock exchange in Southeast Asia by institutional investment magazine Alpha Southeast Asia earlier this month, the 4th time in 5 years it has won the award.— Rappler.com

Read more: https://www.rappler.com/business/194596-pse-9000-barrier-record-high

PSEi slips but clings to 8,900

The local stock barometer ended flat but stayed afloat the 8,900 level on Wednesday as some investors reassessed their portfolios after the recent run-up to record highs.

The main-share Philippine Stock Exchange index (PSEi) shed 3.43 points or 0.04 percent to close at 8,920.29.

While US stocks continued to rally overnight, the local market was “tired” after its successive winning sessions from the last days of December, said Luis Gerardo Limlingan, managing director at local stock brokerage Regina Capital Development.

“Index saw some pullback amid a lack of news flow in local front and as investors await the corporate results season which will be in full swing next month,” Limlingan said.

The PSEi was weighed down most by the property counter, which fell by 1.34 percent, while the holding firm counter shed 0.38 percent.

On the other hand, the mining/oil counter added 2.18 percent while the financial and services counters rose by over 1 percent. The industrial counter ended slightly higher.

Total value turnover for the day was relatively thin at P6.52 billion. Despite the PSEi’s pause, foreign investors were net buyers amounting to P626.45 million for the day.

Market breadth was neutral. There were 105 advancers versus 104 decliners while 53 stocks were unchanged.

The PSEi was weighed down by JG Summit, which fell by 2.35 percent, while Ayala Land, URC and SM Prime all fell by over 1 percent.

Metrobank, Ayala Corp., GT Capital, Jollibee, RLC and Puregold all slipped.

On the other hand, BPI and Semirara both gained over 3 percent while PLDT added 2.18 percent.

Meralco, San Miguel Corp. and ICTSI all gained over 1 percent.

BDO and Security Bank also eked out modest gains.

Read more: http://business.inquirer.net/243887/psei-slips-clings-8900#ixzz53nJUG0Ks

2018 GDP growth seen at 7-7.5%, PSEi at 9,400

While 2017 was a good year, 2018 would be even better for the economy, which could grow at a faster clip of 7-7.5 percent and catapult the local stock market to record highs.

This is according to investment house First Metro Investments Corp. and University of Asia & the Pacific which held their joint year-ahead macroeconomic briefing yesterday.

Amid a favorable economic backdrop, the Philippine Stock Exchange index is seen surging to a new high of 9,400 this year on the back of a 10-percent average growth in corporate earnings.

“We expect the growth of the Philippine economy to accelerate this year. All engines of growth are up and running at a faster pace. The country’s economy will remain the best performing in the Asean (Association of Southeast Asian Nations); we are experiencing a demographic sweet spot that will continue to push consumption expenditure,” said FMIC president Rabboni Francis Arjonillo.

“With the passage of the TRAIN (Tax Reform for Acceleration and Inclusion) law, the government’s “Build, Build, Build” program is anticipated to be full steam ahead, which will drive economic expansion further,” he added.

UA&P economist Victor Abola said the Philippines was “shifting to a higher gear.” From last year’s projected full-year growth of 6.9 percent, Abola said a higher trend growth rate of 7-8 percent would be doable for 2018 to 2020 without stoking inflation. There isn’t any sign of external weakness and property bubble so far, he said.

Inflation is seen to rise to 3.5-5 percent this year due to higher-than-expected oil prices and the impact of higher taxes to be imposed on a number of goods. The projected increase in consumer prices, however, is seen to remain within the Bangko Sentral ng Pilipinas (BSP)’ 2-4 percent target range.

FMIC is expecting one or two key policy rate hikes from the BSP this year while the US Federal Reserve is projected to raise its rates three times.

The peso is seen depreciating to 52.50 against the US dollar, without gnawing on the economy. A weak peso is seen to benefit exporters as well as households which receive overseas remittances.

Ma. Cristina Ulang, FMIC vice president, said the projected rise in the PSEi to 9,400 this year would assume a price-to-earnings (P/E) ratio of 21x, which means investors were willing to pay 21 times the kind of earnings they expect to make.

Ulang said the sectors that would do well in the stock market this year would be property, banks, consumer, infrastructure, conglomerates, manufacturing and power utilities.

Given the favorable macroeconomic outlook, the level of capital raising in the country is seen to expand this year by around 29 percent to P930 billion. Private companies are expected to drive a 17-percent growth in fixed income issuance to nearly P690 billion while the government is anticipated to tap new foreign markets for financing.

In the equities market, capital-raising activities—mostly through follow-on offerings—are estimated to grow by 79 percent to an all-time high volume of almost P250 billion

Read more: http://business.inquirer.net/243532/2018-gdp-growth-seen-7-7-5-psei-9400#ixzz53KQC4ktC 

PSEi continues winning streak

The local stock barometer continued to zoom to record highs, breaching the 8,800 mark in intra-day trade on Friday alongside bullish global equities.

The main-share Philippine Stock Exchange index (PSEi) added 30.17 points or 0.35 percent to a new record finish of 8,770. The index touched a new intra-day peak of 8,858.07 but pared gains at close.

The PSEi is now on its eighth day of winning streak. It had closed at record highs for the fifth straight session.

Across the globe, most stock markets firmed up on the back of upbeat economic data out of US and China.

For the shortened first trading week of 2018, the local stock barometer racked up a total of 211.58 points or around 2.5 percent.

The day’s gains were led by the industrial and property counters, which both gained over 1 percent, while the holding firm and mining/oil counters also firmed up.

Only the services counter slipped (-0.73 percent).

Value turnover for the day stood at P10.57 billion. There were 126 advancers that edged out 87 decliners while 51 stocks were unchanged.

The PSEi was led higher by URC, which rose by 5.06 percent, while GT Capital and San Miguel Corp. both added over 3 percent.

Ayala Corp., Ayala Land and JG Summit all advanced by over 2 percent while DMCI added 1.94 percent.

BPI, Megaworld and Meralco also contributed modest gains.

On the other hand, SM investments shed 2.86 percent while Security Bank, PLDT and Metro Pacific all declined by over 1 percent.

Metrobank and SM Prime also slipped.

Read more: http://business.inquirer.net/243571/psei-continues-winning-streak#ixzz53KNVRXbt

Philippine Stocks Watch-list : JAN 2018 :: New Year SALE!!!

Philippine Stocks Watch-list that are currently undervalued for the month of January, Happy New Year!!!:

To learn the technique of Warren-buffett follow the link below:

http://ph-uvs.blogspot.com/2016/09/warren-buffett-stock-101_27.html