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Dear Valued Client,
Please be informed that there will be no trading on May 14, 2018 (Monday) due to Barangay and Sangguniang Kabataan elections.
Offices are closed but you may still access your account.
Very truly yours, ABACUS SECURITIES CORPORATION
MyTrade service will be temporarily unavailable shortly after market is closed, on 4th of May 2018 (Friday) from 6:00PM to 9:00 PM due to monthly maintenance work.
We apologize for any inconvenience. Please feel free to contact us if you have any questions or concerns.
Very truly yours,
ABACUS SECURITIES CORPORATION
Please be informed that there will be no trading on May 1, 2018 (Tuesday) in observance of Labor Day.
Please be informed that there will be no trading on April 9, 2018 (Araw ng Kagitingan).
FOCUS OF THE DAY #1: GETTING READY FOR A BOUNCE
We posted this chart a few weeks back noting how the 50 day MA never strays far more than 500 points from the 200 day MA in either direction...
IN FOCUS: PSEi, MSCI, Net Foreign Selling, SM, BDO, ALI, SMPH, Monetary Policy, Reserve Requirement, Inflation, Banking Sector, Government Spending, Consumer Spending, MRSGI
DoTr May Green-Light NAIA Rehabilitation Plan
The Department of Transportation (DoTr) may grant within the next two weeks the original proponent status (OPS) to the consortium seeking to rehabilitate the Ninoy Aquino International Airport (NAIA). Transportation Secretary Arthur P. Tugade said the department has already received the revised proposal from the so-called “super consortium,” composed of the country’s seven biggest conglomerates....
THE 2018 FIRST QUARTER NATIONAL ACCOUNTS
First quarter GDP growth came in at 6.8%, hitting consensus estimates, but below the government’s target range of 7%-8% for the year...
Strategy: Buy on Weakness
SECB fell to P189.30. The supports are at...
Weekly Technical Updates
The Good, the Bad and the Ugly
We believe earnings for Q1 will be heavily influenced by...
Please be informed that at the meeting of the Board of Directors of Filinvest Land, Inc. (FLI), held on April 20, 2018, the Board approved the declaration of cash dividend as follows:
The Board approved the holding of the Annual Stockholders' Meeting of Cityland Development Corporation (CDC):
AGENDA 1) Call to Order 2) Proof of Notice of Meeting 3) Determination of Quorum and Rules of Conduct and Procedures 4) Approval of Minutes of Annual Stockholders’ Meeting 5) President’s Report 6) Election of Directors (including Independent Directors) 7) Appointment of the External Auditors 8) Confirmation of all acts of the Board of Directors for the period covering January 1, 2017 through December 31, 2017 adopted in the ordinary course of business, including but not limited to: a) Approval of investments; b) Treasury matters related to opening of accounts and bank transactions; c) Appointment of signatories and amendments thereof; and d) Approval of Annual Report and related Financial Statements 9) Other matters which may be raised by the body 10) Adjournment For the purpose of the meeting, only stockholders of record as of May 7, 2018 are entitled to attend and vote in the said meeting. Copies of the minutes of the Annual Stockholders’ Meeting held on June 6, 2017 will be available upon request.
Analysts' Briefing for the full-year of 2017 Results of Megaworld Corporation (MEG):
Please be informed that at the meeting of the Board of Directors of International Container Terminal Services, Inc. (ICT), held on April 19, 2018, the Board approved the declaration of cash dividend as follows:
Analysts' Briefing for the full-year of 2017 Results of Manila Electric Company (MER):
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