Philippine Stock Market Weekly

In this episode, FirstMetroSec’s Equity Research Associate Joan Batara discussed our updated insights on Monde Nissin Corp. Joan also shared why we further downgraded our estimates on MONDE and elaborated the instances on when we will turn bullish on the stock. Joan also disclosed our new target price for MONDE. These and more, only here on Philippine Stock Market Weekly.

FirstMetroSec’s Joan Batara shares our updated insights on Jollibee Foods Corp. Joan also discussed why JFC’s operating metrics (i.e. system-wide sales, margins, and free cash flow) are trending in the right direction. Joan also disclosed our new target price for JFC. These and more, only here on Philippine Stock Market Weekly.

FirstMetroSec’s Adel Bermudez discusses Globe Telecom, Inc.’s (GLO) earnings performance last first quarter of 2023. Adel reiterated that we continue to see downside pressure on GLO’s core telco businesses. More of GLO’s earnings performance, only here on Philippine Stock Market Weekly.

FirstMetroSec’s Adel Bermudez has an update on PLDT, Inc. (TEL), this time regarding its earnings performance last first quarter of 2023. Adel reiterated our view that TEL can mitigate the impact of rising competition (esp. from mobile) to its earnings – thanks to its strong positioning in the fixed-line broadband segment. More of TEL’s earnings performance, only here on Philippine Stock Market We...

In this episode, Host and Equity Research Department Head for Retail Research, Royce Aguilar is joined by ATRAM Group's Multi-Asset Analyst Luis Miguel Lopa and Business Development Manager Ms. Ericka Ninon - to talk about their economic as well as global market outlook. ATRAM also shared their tips on the factors to consider in choosing a mutual fund. Lastly, ATRAM explained the benefits of h...

Time for another wrap-up! In this episode, we discuss the stock market highlights in May 2023. Listen to Royce Aguilar as he shares the options should a company conduct a tender offer. Royce also discussed the updates on some of the companies they cover. Tune in to know our top picks this month and grab trading ideas from the Q&A, all in our latest episode.

Is it wise to buy into DigiPlus Interactive Corp. (PLUS)? In this episode, FirstMetroSec’s Royce Aguilar sits down with Andy Tsui, the President of PLUS, and talks about the measures the company implemented that lead to a turnaround in the first quarter of 2023. The two also tackled about the reason for the recent change in corporate name as well as the plans moving forward for BingoPlus and the r...

FirstMetroSec’s Adel Bermudez shares our updated insights on BDO Unibank, Inc. Adel also discussed that while BDO had strong results in the first quarter of 2023, we have three things we are keeping our eyes on. Adel also disclosed our new target price for BDO. These and more, only here on Philippine Stock Market Weekly.

In this episode, FirstMetroSec’s Equity Research Associate Adel Bermudez discussed our updated insights on Bank of the Philippine Islands. Adel also shared our take on the pending merger of BPI and Robinsons Bank. Adel also disclosed our new target price for BPI. These and more, only here on Philippine Stock Market Weekly.

In this economic briefing, the Ateneo Center for Economic Research and Development (ACERD) shared comprehensive updates on the macroeconomic performance of the Philippines. Hear it straight from the distinguished economists from ACERD and gain first access to their economic outlook and insights for the Philippines amid lingering global headwinds today.

In this Market Bites episode, FirstMetroSec’s Joan Batara talks about Robinsons Retail Holdings, Inc. Joan shares her thoughts on the acquisition of a 6.5% equity stake in the Bank of the Philippine Islands. She also shares FirstMetroSec’s new target price for RRHI. These and more, only here on Philippine Stock Market Weekly.

FirstMetroSec’s Adel Bermudez discusses why we think the fixed-line space will remain a tough market to penetrate for Globe Telecom, Inc. (GLO). Moreover, Adel explains why the mobile market share between GLO and PLDT Inc (TEL) appear to be closer than historical data suggests. Adel also shares our new target price for GLO.

In this Market Bites episode, FirstMetroSec’s Adel Bermudez talks about our updated outlook on Converge ICT Solutions, Inc. (CNVRG). Adel discusses the two factors we believe should merit accumulation of CNVRG on further price action weakness. Adel also shares our new target price for CNVRG.

In this Market Bites episode, FirstMetroSec’s Adel Bermudez discusses why we prefer to accumulate TEL at these levels. Adel also explains we think TEL can mitigate the impact of rising competition (esp. from mobile) to its earnings.

FirstMetroSec’s Joan Batara talks about our updated outlook on Puregold Price Club, Inc. (PGOLD). She explains that there are near-term pressures expected for the company from inflation, weak Peso, and pre-operating store expenses. She also shares FirstMetroSec’s new target price on PGOLD. These and more, only on Philippine Stock Market Weekly.

Listen to First Metro Sec’s Department Head for Retail Research Royce Aguilar as he discusses why the PSEi rallied by nearly 2% last April 2023. He also shares the impact of a possible supply crunch of rice and sugar.

In this episode, IMI’s Global Head of Investor Relations and Business Development Finance, Brian Jalijali joins our host and Department Head for Retail Research Royce Aguilar to talk about the measures the company implemented to get pass through the COVID-19 pandemic and the global supply chain issues. The two also discussed the prospects of each of IMI’s segments (i.e. Automotive, Industrial, Aer...

Time for another wrap-up! In this episode, Royce Aguilar discusses what made the market move in the first quarter of 2023. Royce also dissected the timeline of the recent banking crisis in U.S. and Europe and elaborated on the reasons why it happened. Tune in to know our top picks this month and grab trading ideas from the Q&A, all in our latest episode.

In this Market Bites episode, FirstMetroSec’s Joan Batara discusses the company’s earnings growth expectations for Wilcon Depot, Inc.’s (WLCON) in 2023 and 2024. Joan also highlighted the key risks that can result to a slower growth for WLCON going forward. Get to know FirstMetroSec’s new target price on WLCON, these and more, only here on Philippine Stock Market Weekly.

In this type of tough market environment, most investors and traders find it hard to remain resilient, specifically when picking stocks as well as managing risks. In this episode, we invited Mr. Junie Banaag, who is recognized for his long-term track record of #1 in the management of equity funds. He has 30 years of experience in economics, industry and company analysis, valuation, portfolio const...

In this episode, we discuss the stock market highlights in February 2023. Listen to Royce Aguilar as he analyzes why the local market in February 2023 had offset the gains it posted last January 2023. He also shared First Metro Securities Research’s outlook for each of the key sectors in the PSE. Tune in to know our top picks and grab trading ideas from the Q&A, all in our latest episode.

In this episode, Premiere Island Power REIT Corporation (PREIT) Investor Relations Officer Kitto Jacinto joins our host and Department Head for Retail Research Royce Aguilar to talk about the company’s missionary electrification operations.  Royce was able to ask PREIT about the company’s differentiating factor vs other REITs in the market.  Tune in to learn more about PREIT only here on...

FirstMetroSec’s Joan Batara discusses our earnings growth forecast for EMI driven primarily by the sustained rise in revenue contribution of the whiskey segment resulting in margin recovery in the next two years. However, we are of the view that EMI’s domestic business will continue to be under pressure amid shifting consumer preferences in favour of other spirit categories and rising competition....

In this Market Bites episode, FirstMetroSec’s Joan Batara discusses why we like FB as a branded food & beverage (F&B) powerhouse – with its dominant market leadership across food, beer, and spirits businesses. Joan also explains our new target price on FB as valuations have de-rated since COVID. On a positive note, Joan elaborates why at current levels, FB offers an attractive entry point.

Energy? Water? Toll Roads? Agriculture? In this episode, FirstMetroSec’s Royce Aguilar sits down with Metro Pacific Investments Corp.’s (MPI) Vice President for Investor Relations, Maricris Aldover-Ysmael, to discuss the company’s outlook on some of its business segments. The two also go over the risks the company is on the lookout for. Tune in to learn more about MPI only here on Philippine Stock...