OV, Drilling For More Gains?

the philodril corporation, OV, ron acoba, alfredo ramos, bullish pennant, ascending triangleGood day everyone. It’s been a while since my last post but I’m back to give my two cents on a couple of stocks that could potentially have more upside despite the market’s continued run-up. By the way, the PSEi is bound for a bearish reversal soon… Sike! Happy April Fools Day! [Read more…]

Possible Turnaround On Holcim Philippines, Inc. (HLCM)

holcim philippines inc., HLCM philippine stocks, cup and handle, rounding bottom, ron acobaRisk appetite sided on infrastructure plays like Holcim Philippines, Inc. or HLCM in the Philippine stock market  on expectations that the Philippine national government will speed up its infrastructure projects. HLCM, being one of the major listed supplier of cement in the country, benefited from this as reflected in the 5.32% gain in its share prices today (January 2, 2012). [Read more…]

Potential Upside Seen In The Philodrill Corporation (OV)

the philodrill corporation, OV philippine stocks, ascending triangleThe Philodrill Corporation or OV in the Philippine stock market, a company, engaged in oil exploration and production in the Galoc oil field in Palawan had its net income soar by 159% to PHP 957 million in the first 9 months of 2011 compared to the previous year. Its share price, as a result, also jumped to as high as PHP 0.023 after trading flat below PHP 0.015 during the first half of the year. [Read more…]