October 15, 2021
MPT Mobility will also start installing electric vehicle (EV) changing stations along its expressways in 2022. This includes NLEx, CAVITEx & CALAx, on top of EV charging stations in parking lots.
MPT Mobility from $MPI unit. MPI’s Metro Pacific Tollways Corp. (MPTC) launched MPT Mobility, to house all non-toll-related enterprises. The one would be effective 14 Oct. 2021. MPT Mobility would soon go online, covering 7 new business units offering digital solutions for
2021 GDP target achievable. Duterte’s administration is confident to achieve its 2021 GDP target of 4%-5%, as the economy reopens in 4Q.
$SPC forays into RE. SPC shareholders approved the change in its primary purpose to include the business of exploration, development & utilisation of renewable energy (RE). No other details were given.
Finance chief Dominguez III however, said 3Q GDP would be ‘lower’ vs. 2Q’s +11.8%, due to restrictions from the Delta variant. BSP said accelerated vaccination would be key to recovery.
$JFC’s preferred float oversubscribed. JFC’s P12bn follow-on offer of preferred shares was oversubscribed by 3.11x. JFC offered total of 12mn Series A preferred with 3.2821% rate, Series B at 4.2405%. It allocated over allotment option of 4mn shares.
$SPC forays into RE. SPC shareholders approved the change in its primary purpose to include the business of exploration, development & utilisation of renewable energy (RE). No other details were give
October 15, 2021
October 15, 2021: PSEi closed at 7,213.46 up 30.35 points or 0.42 percent. #PSEiupdate Volume turnover: 1.22B shares Value turnover: ₱10.55B Foreign buying: ₱5.06B Foreign selling: ₱4.79B Net foreign buying: ₱274.53M
Aboitiz Equity Ventures announces intention to exercise its optional redemption to redeem its entire outstanding 10-year fixed-rate retail bonds
LSI Reminders: https://edge.pse.com.ph/openDiscViewer.do?edge_no=38a9560329b12c115d542af6f1e997b9… Offer Period: October 18 to 25, 2021 PSE EASy Application Deadline: October 25, 2021, 12:00NN Payment Deadline (via PNB): Check payment – October 25, 12:00PM Cash payment – October 25, 3:00PM Online payment – October 25, 3:00PM
October 15, 2021
Unicapital Research (Utrade)
STOCK IN FOCUS
JFC closed at P229.80. We expect that stock remain bullish and range between P214.00 support and P235.00 resistance in the short term. We recommend buying on dips near P223.80 AND 214.00 with a medium term target of P258.00 AND 290.00 place strict mental stop if the stock closes below P190.00
October 15, 2021
First Metro Sec
$MER: The Department of Energy has denied the request of the Manila Electric Co. to exempt its power supply agreements with Masinloc Power Partners Co. Ltd. and Panay Electric Development Corp. from competitive biddings.
$MPI: Unit Metro Pacific Tollways Corp. has launched a new business unit called MPT Mobility Inc., which will initially be composed of seven subsidiaries offering digitally-driven solutions.
$SPC: Disclosed that the majority of its shareholders approved the proposal to amend the company’s Articles of Incorporation to be able to engage in the business of renewable energy.
$SMC: Has been named Top Employer of the Year at the 2021 Asia CEO Awards.
PSEi closes at 7,213.46 up by 30.35 pts (+0.42%)
October 15, 2021
COL Financial
$ALLDY: Elevating the grocery experience in the growing mid-premium market
$JFC: JFC raises Php12Bil from preferred shares FOO
$ALLDY: Elevating the grocery experience in the growing mid-premium market
$EAGLE: Volumes continue to surpass pre-pandemic levels
$CHP: Rising costs to weaken margin
$EAGLE: Volumes continue to surpass pre-pandemic levels
$CHP: Rising costs to weaken margins
October 15, 2021
WealthSec
$AP Director Buys Shares
$AREIT AREIT, Inc. New All-Time High
PSEi Closes Back Above 7200
