Nickel Asia Corporation had its initial public offering (IPO) in the Philippine Stock Exchange last November 22 with “NIKL†as its stock code. The stocks had an IPO value of PHP15.00 then went all the way up to PHP23.00...
Read MoreAyala Land, Inc. (ALI) suddenly showed some signs of life earlier today when it beat the 8 count and closed at PHP 15.28. Not only did it barely ended just outside the resistance of a descending channel, it also attempted to...
Read MoreFilipino-Chinese Tycoon Henry Sy’s investment holding firm, SM Investments Corporation (SMIC) or SM in the Philippine Stock Exchange earned a net income amounting to PHP 18.40 billion pesos in 2010 which was 15% higher than the...
Read MoreDon’t say that I did not warn you: Ayala Corporation – led Globe Telecom, Inc. or GLO in the Philippine Stock Exchange looks to be headed for a steep fall. Let me show you why.Back in February 17, 2011, I already raised the red...
Read MoreThe price of global crude oil once again reached $100.00 per barrel and has been trading in that area more roughly more than a week now. Will it continue to go higher? Let us see.In my last post on WTI crude oil last February 1,...
Read MoreWelcome to another day of forex trading my friends! My pick for the day is the Australian dollar versus the US dollar currency pair (AUD/USD) or the “Aussie” as many would call it. As you can see, this pair has been...
Read MoreMost Filipino kids love the food, especially the Chicken Joy, at Jollibee. While the children in general love it, its owners, the shareholders, might not feel the same in the near future. Let me tell you why. Well, from a...
Read MoreAyala Land, Inc or ALI in the Philippine Stock Exchange is one of the largest real-estate developers in the country. Its stocks have been rallying the past few days from a low of 14.12 Philippine Peso last Wednesday until...
Read MoreWhile Space Shuttle Discovery made its last voyage to to space just a couple of days ago, another launch occurred this morning in the Philippines. This morning’s massive launch, however, came in the form of Aboitiz Equity...
Read MoreBull pa ba or bear na ba??? Absolute Traders will be having a Chart & Fundamental Analysis Forum on March 25. OPEN TO ALL. Special Guests: First Metro Investment Corporation (Gus Cosio and Juni Banaag), surprise guests from...
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