• Philweb Pierced Through Its Php5.00 Hurdle

    Philweb Pierced Through Its Php5.00 Hurdle

    In our Equity Advisor issue last July 29, we noted that Philweb Corporation (WEB) would likely rebound following the Php27 million purchase that UBS made at an average price of Php4.4955. The rationale for its likely rally was that such purchase would lessen the overhang on the stock that would otherwise be sold at the