 |
|
 |
 |
SOA Signup |
 |
 |
|
 |
 |
 |
| Statement Of Account Email Signup |
For RCDC Clientele:
Enjoy faster service! Signing Up to have your Monthly Statement of Account sent directly to you via email.
|
|
|
 |
 |
|
 |
|
 |
 |
 |
 |
 |
Floor Tales
By Gomer F. Tan VP Marketing
August 31 , 2010 |
|
 |
 |
 |
 |
| |
LND - Initial target is P0.60 per share. 52-week high is P0.63 and low of P0.26 per share. Book value as of June 2010 is P2.829 per share. At P0.47 per share the stock is trading at 84 percent discount from book value. The company posted a P3.6 million Net Income for the nine-month period ended June 30, 2010, as compared to a P73.116 million net loss incurred the year before as a result of the reduction of cost and expenses by P156 million despite a reduction in revenue by P78 million. As a result, Earnings per share moved up to P 0.0011 from the previous year’s P (0.02183). It owns 30.9 percent of MRT Development Corporation.
DISCLOSURES:
Cityland has successfully launched its newest project to date, the Grand Central Residences. The 40-storey Grand Central Residences will be another landmark along Edsa in Mandaluyong City. It is strategically located fronting MRT Shaw Station and steps away from StaeMall, Rustan's Shangrila Plaza, EDSA Central, SM Megamall, schools, churches and hospitals.
ALI - Board of Directors approved the declaration and payment of the annual cash dividends of 4.64% per annum to all shareholders of the company’s outstanding unlisted Preferred Shares with record date of September 22, 2010 and payment date of October 18, 2010.
Shang Properties, Inc. declared a cash dividend of P0.035 per share with ex-date on September 10, 2010. Payment date on or before September 30, 2010.
EDC - EDC unit Green Core Geothermal, Inc. (GCGI) signs 10 year power supply agreement with Capiz electric cooperative with 12 MW of power coming from its geothermal plants in Leyte and Negros Oriental. GCGI operates the 112.5 MW Tongonan geothermal plsnt in Leyte and the 192.5 MW Palinpinon geothermal plants in Negros Oriental.
ATI - Share price rose to P6.40 (its highest since May 2, 2007 of P6.80) after selling Mariveles Grain Corp. at P2.73 per sahre more than double the book value. It also reported 2nd quarter income doubled to P586.9 million.
DISCLOSURES:
SMC - We refer to your letter dated August 18, 2010, with respect to the Company’s disclosure dated August 13, 2010 pertaining to the subscription by Vega Telecom, Inc. (“Vega”), a wholly-owned subsidiary, of new shares of stock of the following companies:
The information contained herein is based on sources which we believe reliable but is not guaranteed by us. This report is provided for information purpose only and should not be construed as an offer to buy or sell the securities mentioned herein
Economic Calendar:
Stockholders Meeting August 2010
| Aug 11 |
Aug 14 |
Aug 16 |
|
|
|
ICT
TBGI
|
WPI
|
RLT
|
|
|
US News
August 12- US Jobless Claims
 |
|
 |
|
 |
|
 |
|
 |
 |
|
 |
 |
|
 |
 |
August 23-27,2010...... The market was up the entire week last week. It closed the week at 3593.
This week the market is expected to correct for a few days before resuming its upward movement towards the 3700 level. technical indicators remain positive.
|
|
 |
 |
|
 |
|
|
|
|
Business Worlds'
Stock Picks of the Week
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
PSE Video
Making It Work For You
|
|
|
|
|
|
|
Short video about the
stock market.
Produced by PSE
|
|
|
|
|
|
|
|
|
|
|
Weekly Outlook for Investments and Business
|
|
|
|
|
|
|
August 31 , 2010
The overall oscillator has settled at a much neutral level at 57.79 RSI after last week’s correction. Although the index closed with a bearish candle, prices managed to stay above the 20-day moving average, which is considered good.
Momentum has slowed down too and is now moving flat, a reason to assume that the market will likely to consolidate in the coming week, at least until a new string of market catalysts surfaced.
The index may vacillate between 3520 to 3620 points.
----------
|
|
|
|
|
|
|
Home
