The stocks of Manila Electric Company (MER) or Meralco as most people know it because of its [Read more...]
Meralco (MER) Lifted The PSEi Towards The Positive Territory!
STOCK PICKS on “BULL pa ba or BEAR na ba???”
For those who weren’t able to make it to the Absolute Traders event “BULL pa ba or BEAR na ba???” last Friday, here are the stock picks I presented just to keep you posted.
Before anything else, LaidTrades want to congratulate Absolute Traders for organizing the event, the speakers who presented their outlook in the financial markets and everyone who joined. Cheers to the very helpful insights, great food and awesome people!
Anyway, let’s begin with my technical analysis on the 7 Philippine stocks I chose. Let’s do this alphabetically…
DMCI Holdings Inc. (DMC)
Network Upgrade And Higher Electric Rates To Lift MERALCO
Early last week, Meralco or Manila Electric Company (MER), which is the Philippines’ largest distributor of electricity, announced that it is considering to spend a total of PHP 45 billion from 2011 to 2015 to upgrade its electricity distribution network. About 85% of this projected capital expenditure will be used for the development of its delivery system and for the acquisition [Read more...]
