• Near Term Negative Impact Of An SRO (Stock Rights Offer)

    Near Term Negative Impact Of An SRO (Stock Rights Offer)

    In an unexpected turn of events, Metropolitan Bank and Trust Company (MBT or Metrobank) announced that it will conduct a stock rights offer (SRO) by issuing up to a maximum of 819,827,214 common shares to raise approximately Php61 billion in fresh capital. The effect of the announcement was immediately felt by the market as MBT

  • Henry Sy Stocks to Carry the PSEi to 9,000?

    Henry Sy Stocks to Carry the PSEi to 9,000?

    Much has already happened since Henry Sy’s holding firm SM Investments Corporation (SM) sunk “unexpectedly” by 9.24% back in March 2017. Many (even news channels and brokerage firms) were actually clueless as to what caused the drop but as always, Trading Edge was there to explain (https://www.facebook.com/BloombergTVPh/videos/1928461877390566/) (http://business.inquirer.net/225894/sm-sell-off-drags-psei) that it was only a one-off event

  • (UPDATED) Time to Pick Up Security Bank Corporation (SECB)?

    (UPDATED) Time to Pick Up Security Bank Corporation (SECB)?

    (UPDATED: 09.13.17). As expected Security Bank Corporation (SECB) has pulled back immediately after the effectivity of its weight increase in the MSCI Philippines Index last August 31. Now that the trading on the stock has normalized, SECB may once again position for an upside swing. As you can see, the stock has managed to establish

  • Integrated Micro-Electronics, Inc. (IMI) Seen to Reach Php8.65

    Integrated Micro-Electronics, Inc. (IMI) Seen to Reach Php8.65

    In our Equity Advisor issue last February 16, 2017, we noted that Ayala-led Integrated Micro-Electronics, Inc. (IMI) would start a new up wave and reach Php7.50 following its escape from a basing formation that resembles a rounding bottom. As you can see from its chart, the stock had indeed achieved the mentioned target and more.

  • Buy alerts from January 11 – 31, 2017

    Buy alerts from January 11 – 31, 2017

    The PSE Index has been trading flat since January 11, 2017. First quarter is about to end. How are your trades?? Here are ours! _________ To know more about the Trading Edge Equity Advisor,  kindly click HERE. Subscribe now to receive email alerts before the price moves! 🙂 *Consensus target price or average target price given by the major

  • Near Term Catalyst For The PSEi

    Near Term Catalyst For The PSEi

    Much has been said already about how the government’s tax reform package will drive the local stock market higher even past its 8,100 peak. For the mean time, the index has been stuck within a tight range with a support at 7,123 and a resistance at 7,400 while the said tax reform is currently being

  • ICT Seen To Extend Its Uptrend

    ICT Seen To Extend Its Uptrend

    As early as August 14, 2016, we already noted in our Equity Advisor that International Container Terminal Services, Inc. (ICT) or ICTSI would end its downtrend and start to pivot higher and aim for a measured objective of Php83.00. Shortly after the said break, the stock had indeed achieved the said goal before it entered

  • Semirara, While Hitting Its Initial Target, Still Has A Good Upside

    Semirara, While Hitting Its Initial Target, Still Has A Good Upside

    In our Equity Advisor issue last October 6, 2016, we noted that Semirara Mining and Power Corporation (SCC) would stage a recovery and aim for Php143.00 following its ability to invalidate a breakdown. As you can see, the stock has indeed achieved the said goal and more, giving it a gain of 19.17% in the

  • A Quiet 17.65% on Agrinurture, Inc. (ANI) in the last 8 weeks!

    A Quiet 17.65% on Agrinurture, Inc. (ANI) in the last 8 weeks!

    In our Equity Advisor issue last November 27, 2016, we noted that Agrinurture, Inc. (ANI) would start its advance and aim for at least Php5.00 following its release from an inverse kilroy formation. A little over 2 months since then, one can see that the stock has indeed achieved the mentioned goal and more. Moving

  • Cosco Capital: A “Cheaper” Entry To Puregold

    Cosco Capital: A “Cheaper” Entry To Puregold

    Puregold Price Club, Inc. (PGOLD) has recently rallied by 25% since its low of Php36.00 on the back of a robust outlook towards the retail consumer space. A lot of institutional investors are banking that the comprehensive tax reform that the government is currently pushing will induce more personal consumption as it aims to reduce