Hi PAM Students,

Looking at the technicals of our index continuously showing weakness and no sign of reversal or catalyst as the global market suffered from falling commodity prices and oil sling. Our next level of support @ 6600 if 6700 will not sustain.

PSEi 112015

Everyone is looking for the next week announcement of FED with regards to rate hikes, as ECB or European Central Bank continue with their QE or quantitative easing. Our neighboring countries Japan and Malaysia slide as well. Foreign investors keeping an eye with the US market as they continue with their forecast growth. It is wise to keep USD and gold on your portfolio of investments.

The recommended strategy is to take caution and accumulate a small amount. I personally made a mistake in buying AGI at an early buy point of 17, now it’s moving downward to 15 level.

AGI – Company News:

“Alliance Global Group Inc. records revenues of P99.6-B in the first nine months of 2015” Alliance Global Group, Inc. (AGI) posted a net income of P16.2 billion in the first nine months of this year, on consolidated revenues of P99.6 billion. Net income attributable to AGI amounted to P10.6 billion. “The group’s financial performance continues to be compelling despite challenges faced by the gaming industry. We are strengthening the building blocks of sustained profitability and shareholder value in the long term,” said Kingson U. Sian, AGI’s president and chief operating officer. Megaworld Corporation, the country’s biggest developer of integrated urban townships and the largest lessor of office spaces, achieved a net income of P8.35 billion during the first nine months of 2015, 12.52% higher year on year. Mr. Sian said, “Our rental arm continues to show robust growth, which is underpinned by more office and commercial spaces. The rental income that we generated in the first nine months of this year is up 24% and is in line with our P9-billion target in 2015. We also continue to experience real estate sales expansion with an 11.5% increase during the first nine months of this year.” Emperador Inc., the undisputed market leader in liquor, posted a net income of P4.7 billion this year, up about 3% year on year. Travellers International Hotel Group, Inc. (TIHGI), owner and operator of Resorts World Manila (RWM), remains profitable with a net income of P2.8 billion. Source ; Technistock

FGEN – one of the stock, I’m keeping for long term as a powerplay.

GMA – Election play, as advertising for political campaign will increase their income.

Those stocks should be put on your watchlists.

Keep safe.


PAM Master