HOT TIPS: Greed is good!

[DAILO]

Take a vacation....

Its advisable to take a break for a while. No stocks are good for the short-term. If you have lots of money and willing to hold an issue for long-term investment purposes, then buy some blue-chips. Caution: what seems cheap could still go lower, much much lower.

Any tips out there regarding the market?

[DAILO]

TREASURY bill rates rose across the board yesterday in line with the increase in the Bangko Sentral's key overnight rates and jitters created by Sunday's bomb attack!

[KuyaDanny]

What are the rates prevailing now, DAILO? Would you happen to know?

[DAILO]

Overseas fund managers pulled a net $300.7 million out of the Philippines from Jan. 1 to April 21 this year. Our market is taking a beating... too much negativity in our country.

Currency US $ PhP
Philippines(Peso)
42.3750 1.00

Japan(Yen)
106.7000 0.40

Euro(Euro)
1.0964 38.65


Last update as of 5/23/00 5:36:09 PM

The 91-day T-bill rate, used by banks in pricing loans (benchmark), jumped to 8.975 percent yesterday from the previous week's 8.69 percent. (a high since late March)

But the Treasury sold only P550 million worth of 91-day bills out of the P1 billion on offer.

The Bureau of Treasury also sold P650 million worth of 182-day bills out of the P1.5 billion on offer and P680 million worth of one-year bills out of P1.5 billion on offer.

The 182-day T-bill rate increased to 10.375 percent from 9.9 percent while the 364-day T-bill rose to 11.423 percent from 10.963 percent.

Looks like a correction tomorrow!?! Strong recovery for most stocks.

Consider ALI, AC, MUSX, TEL, WEB, BW, V, etc.

[DAILO]

Metro Manila bombings and the insurgency problem in Mindanao aggravates the situation as jittery local investors are forced to shift their assets into dollars.

Yesterday, the peso plumbed a new 19-month low after the central bank's latest overnight rate hike failed to sustain a mild recovery towards the end of last week.

Therefore resulting in the interest rate rise in Benchmark T-Bills to attempt to stabilize the Philippine Peso.

[DAILO]

The start of a bad week?

Proof of the market's panic selling, a total of 105 losers drowned eight gainers on Monday.. while the prices of 20 issues were unchanged.

Foreigners again sold a net amount of PhP178.2 million, the 12th day in a row that they have sold more Philippine stocks than they have bought. In all, they have sold a net amount of PhP1.36 billion during the last 12 days. For the year, foreigners are likewise net sellers in the amount of PhP6.69 billion.

[DAILO]

Problems With our Economy.

It's an issue of confidence. If the confidence of the Filipinos themselves continue to be weak, then foreigners will not come in and this will immediately cause an impact on the peso. Political worries topped by the 26-day old hostage crisis in the southern Mindanao region stand in the way of the peso's recovery.

It will take more than raising interest rates to stabilize the peso because the problem with the peso is not the issue of supply and demand but speculative dollar buying due to a confidence crisis.

The political unrest is gradually widening outside of Mindanao with the bombing of Glorietta and Megamall. No one has claimed responsibility for the blast but the incident caused an already nervous market to be jittery.

This latest spate of violence has forced Philippine President Joseph Estrada to cut short his 5 day state visit to China and attend to the pressing issues at home. He has also cancelled his scheduled visit to European key cities, starting with a five-day visit to London on June 1, ending with a bond roadshow in Paris on June 5 in order to find potential investors.

It was also stated that he would not declare a state of emergency nor martial law.

What are your views on the national economy's progress and development?

[Gilbey]

am not confident of the economy i myself am feeling bad about the current situation....

i would like to even cash out on some stocks i bought however if i do so, i would realize a big loss.... so am keeping it...

[KuyaDanny]

What did PHP/USD close today?

[JDELEON]

Don't you think it is a good time to make a long term play for an INDEX FUND?

Sure prices are going to get worse, but they are bad now. In 15 years, this will be great bargain. Your P10,000 today, 15 years from now, who knows? =)

May Angels smile upon you,
Joe
ps. Any Mutual Funds you could recommend... looking for an index fund.

[KuyaDanny]

1) Why lock up a long-term investment when interest rates are rising?

2) Will/did CB unload USD today?

[DAILO]

Currency US $ PhP
Philippines(Peso)
42.9000 1.00

[blackblade21]

man, i just hope our economy would recover, lahat naman tayo ang napapahamak dito eh..... Kung sino pang pinoy yung pa ang nagsisiraan....

United we stand divided we fall!!!

[DAILO]

If you have the money to lock up for a long term investment... i would than recommend it. There are many funds out there which are diversified amonst blue chips and technology. It depends on how aggressive you want to be... little risk yields little reward... big risk yields big rewards... I agree with you.. the net present value of money today compounded with interest will over time will be big.

[DAILO]

WEB and V trying to out perform each other. Similar volume and gains! This will be the play in the coming days.

If you can't take sides, both can be rewarding?!?

Good luck.

[DAILO]

If you have the cash to lock up in a fund then do it.. given you understand it is for the long haul.

If its a short term than treasury bills at 28 days is okay... The interest rates will rise in which you can take advantage of the rates at a later time.

i will research on Citibank offloading dollars. It could be a supply and demand issue... given their is a demand for dollars... they're taken advantage of it and selling down as it will most likely hit 45. Citibank doesnt intend to leave the country so if they are accumlating pesos than its probably to lock up for the future.

[DAILO]

Stock: OM -- 0.01, OMW -- 0.0075, GLO -- 13.75, MER -- 59.5, V -- 1.78, WEB -- 0.165, BW -- 4.85

[DAILO]

It's difficult to look for long-term investors as, for now, the market will remain volatile with the weakening of the currency. A lot of these gains yesterday were probably due to bargain hunters looking for some quick gains

[KuyaDanny]

Sorry, DAILO, I should have said BSP instead of CB.

We used to call it CB when I was still in treasury. I must be getting old. ;)

[DAILO]

Philippines(Peso)
43.0500 1.00


The peso is below PhP43 to the US dollar, a new 19-month low as the crisis of confidence struck deeper into the local financial markets.

Despite the continued fall, the government said it intends to allow market forces to determine the value of the peso vis-a-vis the US dollar



[This message has been edited by DAILO (edited 05-26-2000).]

[DAILO]

BREAKING NEWS!

A man with a grenade hijacked a Philippine Airlines jet flight 812 with 278 aboard... all the hostages were safe after the jet landed in Manila.

Watta wild hijack story...may parachute pa ang hijacker!!! Sumigaw pa yata ng Geronimooooo!!! Golden parachute pa yatang ginamit!!! hahaha

What could be the motive? Hijack? Or, he wanted to jump because of his 4-day trade losses.

[DAILO]

as of 5/25/200

BEST GAINERS
CODE PREV. CURR. %CHG
AR 0.00 0.01 33%
BKD 3 3.95 31%
V 1.5 1.78 18%
WEB 0.14 0.16 17%
MHI 3 3.5 16%

WORST LOSERS
CODE PREV. CURR. %CHG
ECP 3 1.8 -40%
MAH 0.86 0.52 -39%
PGMC 28 22 -21%
BC 3.7 3 -18%
CAT 3.6 3 -16%

MOST ACTIVE
CODE PREV. CURR. %CHG
TEL 740 750 1%
V 1.5 1.78 18%
WEB 0.14 0.16 17%
MERB 59 61.5 4%
AC 7 6.8 -2%

[batang uliran]

Nope NASDAQ closed down about 60 points and the DJ lost about 200 points. Tokyo is already down today so far following the drop in Wall street.

[DAILO]

THE TWO EVILS OF ECONOMICS

If pushed to the limit, the central bank may have no other recourse but to choose between "two evils" -- allow a weak peso or hike interest rate further.

Raising interest rates risks companies closing shop and more Filipinos losing their jobs. At the height of the Asian financial crisis, the peso dropped to as low as PhP46 to a dollar while interest rates rose to as high as 32%, forcing companies to restructure their loans, rethink expansion and retrench people.

There isn't a right or wrong answer on this problem, but it must be the government which decides... we will not be able to steer our way through the situation without absorbing some cost. That is the irony of this balance - the two evils.

There is a school of thought that preaches additional interest rate increases would further dampen economic growth. For one, borrowers, especially companies already saddled with debts, would find it more difficult to recover. A further rise in local interest rates is not a guarantee the peso will start to stabilize, considering that pressures come from both the economic and the political fronts.

There is a psychological effect that something is wrong in the economy whenever the peso falls... an impact on business confidence.

[DAILO]

GLO -- 13.75, WEB -- 0.16, V -- 1.78, OM -- 0.01, OMW -- 0.007, OPM -- 0.006

[DAILO]

V: Upgrade from Accumulation to ST Buy but recommended stop at 1.70

MERB: Maintains Buy rating but recommended stop at 63

MBT/BPI: Maintains Sell rating.

PHI: Maintains Sell rating.

WEB/IMP/IS/MUSX: Maintains Avoid rating.

MPC/ALI: Maintains Sell rating.

The stops are for cautionary action. There could be some worrisome trading in the US Market tonight as the Dow breaks the psychological support at 10,400 and Nasdaq nears 3200. The classic diamond formation which were highly emphasize by Ed Downs has a target one cannot think of if such will happen. So much so, I support his outlook. July will be the most battled and bloodiest month of the year 2000.

[DAILO]

It seems there are enough scare stories floating in Asia’s venture capital circuit to rein in the optimism of many investors. The previous week’s collapse of US-based online retailer Boo.com after spending much of its $135 million capital, the closure by Walt Disney of its online toy start-up Toymart and the continued weakness of internet and technology shares in the region are making investors edgy. A significant consolidation is taking place in the venture capital business and it could get tougher for dot-coms in the next three to four months. The pain is going to come as these companies run out of cash.

Venture capital investment in China remains a trickle compared with the US, but it could stage phenomenal growth. The mainland will be forced to open the gate for investment in its telecom and internet companies as promised to European and US trade negotiators of the on-going talks on China’s entry to the World Trade Organization.

[DAILO]

AC is looking like the buy of a lifetime. Its previous bleeders, GLO and PF, are posting fast turn around stories. ALI and BPI are as stable as ever. Over a 1 year horizon if I buy AC now what does it matter IF IF IF! it drops 50% or so to P4.00 when in a year it will likely be at P15.00?

Many are second guessing themselves asking what if it drops and forget to ask what if it flies?

I just gave AC as an example for one of the best long-term buys in the Philippines. I wanted to stress the point that the REAL Warren Buffet confides in, the best time to buy is on times of sky high interest rates and crisis.

But you ask what stocks I like over a shorter term, say 1 year. FLI, LTDI, ICT. Then I would go with ALI, AC, SMCB, GLO and maybe JFC. Forget TEL, MER/B, SMPH (OOOHH why o why SMPH?), and the banks. And definitely avoid or sell all the debt ridden issues like CMP, ELI, MEG, PLTL, TEL...

how about my FAVORITE SPECULATIVES:
WEB, V and BW

WEB and V are the only ones with any meat (although judging from the PSE/news releases V is starting looking a whole lot better than WEB).

BW something big will happen over the next 2 months or so. Back to 30? we'll see

[This message has been edited by DAILO (edited 05-30-2000).]

[DAILO]

Originally posted by DAILO:

Overseas fund managers pulled a net $300.7 million out of the Philippines from Jan. 1 to April 21 this year. Our market is taking a beating... too much negativity in our country.



What are they doing? Rotation of funds? Same old tricks they applied on emerging markets before its collapse? These foreigners with their bag of tricks. Sold the market when it was nearing the 1600, cash was converted to dollars at 41 level. Bought the market at 1400, selling dollars at 43. Sigh.

[DAILO]

Philippines(Peso)
42.5850 1.00

[DAILO]

BEST GAINERS
CODE PREV. CURR. %CHG
LND 0.54 0.79 46%
ANS 0.42 0.6 42%
CMP 0.15 0.19 30%
DMC 0.36 0.46 27%
SINO 0.15 0.19 26%

WORST LOSERS
CODE PREV. CURR. %CHG
BKD 3.95 3.7 -6%
PSB 30 28 -6%
APXB 0.00 0.00 -5%
AR 0.01 0.00 -5%
AHI 1.3 1.24 -4%

MOST ACTIVE
CODE PREV. CURR. PHP VALUE
SMCB 50.5 51.5 134.6 M
TEL 750 740 127.81 M
V 1.82 2.04 101.32 M
PNB 65 66 93.19 M
ALI 4.35 4.8 74.33 M

[DAILO]

Good Luck everyone in your trades!

Philippines(Peso)
42.7150 1.00


[This message has been edited by DAILO (edited 05-30-2000).]

[JDELEON]

30 May 2000

Since I am leaving town for a while, I have decided to liquidate my MANULIFE Shares. Know any good brokers?

Of course, then I would have to convert my petty assets to US$. Any bets on when we will reach the good old days of 41? 40(or is this just a BSP Governor's wet dream)?

DAILO:Thanks for the HOT TIPS. Would you mind dating your updates? I got all confused and I might end up following old news by mistake. =)

May Angels smile upon you,
Joe

[DAILO]

Problem with trading diamonds or triangles. The breakout/breakdown points are sort of vague. July may be the right time for it to happen. Hell, it might not happen at all. For whatever its worth, the apex of the Diamond extends up to the end of June. Lets all hope that by then, it decides once and for all where it wants to go. This is getting to be a very frustrating market (theirs and ours, as well). Good luck to you.

[DAILO]

31 May 9:55a

Originally posted by JDELEON:
30 May 2000

Since I am leaving town for a while, I have decided to liquidate my MANULIFE Shares. Know any good brokers?

Of course, then I would have to convert my petty assets to US$. Any bets on when we will reach the good old days of 41? 40(or is this just a BSP Governor's wet dream)?

DAILO:Thanks for the HOT TIPS. Would you mind dating your updates? I got all confused and I might end up following old news by mistake. =)

May Angels smile upon you,
Joe



Lately I've been using Abacus Securities. I am comfortable with them.

Its a wet dream... loss of confidence in the market

No prob... but there is a date and time when the message is posted in purple.

TIP:

AC - Consolidating between P7.20 and P6.40. Huge volume looks like accumulation to me. Heavy resistance is expected at P8.20, that is, if P7.20 is pierced.

Good Luck in your trades!

[DAILO]

BEST GAINERS
CODE PREV. CURR. %CHG
MC 0.01 0.02 33%
PO 0.01 0.02 25%
MCB 0.01 0.01 20%
PPC 0.89 1.06 19%
PMT 0.34 0.4 17%

WORST LOSERS
CODE PREV. CURR. %CHG
IPO 1.1 0.88 -20%
ABAB 1.3 1.06 -18%
BRN 0.43 0.35 -18%
B 2.4 2 -16%
BAL 0.45 0.38 -15%

MOST ACTIVE
CODE PREV. CURR. PHP VALUE
V 2.02 2.1 67.47 M
WEB 0.16 0.16 46.13 M
ALI 4.7 4.9 41 M
TEL 750 765 31.4 M
MUSX 5 5.1 26.02 M

[wAgKaNgMaKuLiT]

whoa! wala akong maintindihan ah...


:D :D :D

[DAILO]

Ok lang! :)

Philippines(Peso)
42.6250 1.00

good luck today... i hope for more volume :)

[DAILO]

Vantage

support (1) 2.04
resistance (1) 2.14
support (2) 2.50
resistance (2) 2.60

[DAILO]

BEST GAINERS
CODE PREV. CURR. %CHG
BRN 0.35 0.45 28%
MON 0.56 0.69 23%
B 2 2.4 20%
CAT 3 3.6 20%
PNC 8 9.5 18%

WORST LOSERS
CODE PREV. CURR. %CHG
DIZ 7.5 5.1 -32%
BCI 11 9 -18%
AIR 0.35 0.3 -14%
GUO 0.56 0.49 -12%
AJO 1.78 1.6 -10%

MOST ACTIVE
CODE PREV. CURR. PHP VALUE
BW 4.65 5.1 84.46 M
ALI 4.9 5 59.04 M
AC 6.8 7 41.64 M
MERB 63.5 59.5 38.35 M
MBT 208 204 30.92 M

[DAILO]

BEST GAINERS
CODE PREV. CURR. %CHG
BRN 0.35 0.45 28%
MON 0.56 0.69 23%
B 2 2.4 20%
CAT 3 3.6 20%
PNC 8 9.5 18%

WORST LOSERS
CODE PREV. CURR. %CHG
DIZ 7.5 5.1 -32%
BCI 11 9 -18%
AIR 0.35 0.3 -14%
GUO 0.56 0.49 -12%
AJO 1.78 1.6 -10%

MOST ACTIVE
CODE PREV. CURR. PHP VALUE
BW 4.65 5.1 84.46 M
ALI 4.9 5 59.04 M
AC 6.8 7 41.64 M
MERB 63.5 59.5 38.35 M
MBT 208 204 30.92 M

[wAgKaNgMaKuLiT]

bumaba nanaman ang peso :(
kahapon mas ok na, tapos ngayon baba ulit....
...sana matapos na 'to.
...hiwap na kse buhay e.

:D :D :D

[DAILO]

TOP Gainers
As of Friday, June 02, 2000 at 12:10:05 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume
DMC DMCI HOLDINGS, INC. 0.4200 0.4600 0.5700 0.5900 0.4600 35.71% 4,840,000
DIZ DIZON COPPER SILVER MINES 5.1000 6.5000 6.5000 6.5000 6.5000 27.45% 2,000
CMP C & P HOMES, INC. 0.1750 0.1850 0.2200 0.2300 0.1850 25.71% 8,910,000
AHI ARMSTRONG HOLDINGS, INC. 1.3200 1.4000 1.6000 1.6000 1.4000 21.21% 3,000,000
BAL BALABAC RESOURCES & HLDGS 0.3800 0.4500 0.4500 0.4500 0.4500 18.42% 150,000
GUO GUOCO HOLDINGS (PHILS.) 0.4900 0.5400 0.5800 0.5800 0.5400 18.37% 150,000
SECB SECURITY BANK CORPORATION 21.5000 22.5000 25.0000 25.0000 22.0000 16.28% 27,600
UP UNIVERSAL RIGHTFIELD PROP 0.1250 0.1300 0.1450 0.1450 0.1300 16.00% 3,170,000
EEI ENGINEERING EQUIP. INC. 0.3600 0.3800 0.4100 0.4100 0.3500 13.89% 12,560,000
MAC MACROASIA CORPORATION 2.9000 2.9000 3.3000 3.3000 2.9000 13.79% 391,000

[DAILO]

TOP Losers
As of Friday, June 02, 2000 at 12:10:05 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume
ALC ALSONS CEMENT CORP. 0.6000 0.4000 0.3600 0.4600 0.3600 -40.00% 890,000
IPOB IPEOPLE, INC. "B" 1.2000 1.0000 0.9000 1.0000 0.9000 -25.00% 50,000
PO POLAR MINES & DEV`T CORP. 0.0200 0.0180 0.0180 0.0180 0.0180 -10.00% 300,000
NN NEGROS NAVIGATION CO.INC. 0.2100 0.1800 0.1900 0.1900 0.1700 -9.52% 1,480,000
PGMC PRIME GAMING MGMT.CORP. 22.0000 20.0000 20.0000 20.0000 20.0000 -9.09% 200
KPM KEPPEL PHILS. MARINE, INC 0.7500 0.6800 0.7000 0.7000 0.6800 -6.67% 21,490,000
MHC MABUHAY HOLDINGS CORP. 0.5300 0.5400 0.5000 0.5400 0.5000 -5.66% 130,000
SPM SEAFRONT RESOURCES CORP. 1.0400 1.0000 1.0000 1.0000 1.0000 -3.85% 2,000
CHIB CHINA BANKING CORP. 725.0000 700.0000 700.0000 700.0000 700.0000 -3.45% 100
TELX PLDT (10% PREF) SERIES X 10.5000 10.2500 10.2500 10.2500 10.2500 -2.38% 1,100

[DAILO]

Philippines(Peso)
42.5750 1.00

[DAILO]

TOP Gainers
As of Friday, June 02, 2000 at 11:48:06 AM (Market Open)

Symbol Security Previous Open Last High Low Change Volume
DMC DMCI HOLDINGS, INC. 0.4200 0.4600 0.5800 0.5900 0.4600 38.10% 3,700,000
CMP C & P HOMES, INC. 0.1750 0.1850 0.2200 0.2300 0.1850 25.71% 6,350,000
BAL BALABAC RESOURCES & HLDGS 0.3800 0.4500 0.4500 0.4500 0.4500 18.42% 50,000
ARA ARANETA PROPERTIES, INC. 0.7000 0.7500 0.8200 0.8200 0.7200 17.14% 780,000
UP UNIVERSAL RIGHTFIELD PROP 0.1250 0.1300 0.1450 0.1450 0.1300 16.00% 1,750,000
AHI ARMSTRONG HOLDINGS, INC. 1.3200 1.4000 1.5200 1.5200 1.4000 15.15% 459,000
EEI ENGINEERING EQUIP. INC. 0.3600 0.3800 0.4100 0.4100 0.3500 13.89% 10,520,000
SINO SINOPHIL CORPORATION 0.1500 0.1700 0.1700 0.1700 0.1700 13.33% 140,000
FDC FILINVEST DEV. CORP. 1.3600 1.4200 1.5400 1.5400 1.4200 13.24% 700,000
BKD BANKARD, INC. 3.4000 4.0000 3.8500 4.2000 3.8000 13.24% 285,000

[DAILO]

I read that the Hong Kong government plans to launch the initial public offering of its wholly-owned Mass Transit Railway Corp. by early autumn if market conditions are favorable. Its the most profitable MTR.

[DAILO]

Philippines(Peso)
42.4650 1.00

[KuyaDanny]

I swear...

DAILO is better than Bloomberg! :D

Go, baby, go.

BTW, how did GLOBE do?

[DAILO]

Originally posted by wAgKaNgMaKuLiT:

bumaba nanaman ang peso :(
kahapon mas ok na, tapos ngayon baba ulit....
...sana matapos na 'to.
...hiwap na kse buhay e.

:D :D :D

The peso was slightly down during the morning trade, with some corporate clients asking banks to buy more dollars on fears the greenback may start to fly anew. The peso opened at PhP42.69, hit a high of PhP42.735, before settling at its morning average of PhP42.688.

The trend, however, reversed in the afternoon as more banks sold dollars, improving the peso's afternoon average to PhP42.596, even higher than the PhP42.666 the other day.

[DAILO]

Originally posted by KuyaDanny:
I swear...

DAILO is better than Bloomberg! :D

Go, baby, go.

BTW, how did GLOBE do?

hahaha! i just wish more people would join in... i'd like to see other views

GLO --GLOBE TEL. GMCR INC. "A"

it closed at 15.0000 an increase of 5.26% from its opening of 14.5000

anytime :D

[DAILO]

Globe maintained its blistering growth in 4Q99, ending the year with net earnings of P940 million versus the year ago level of P23 million. Revenues, meanwhile expanded 62% to P9.4 billion over the year.


Earnings showed no signs of abating over 4Q, amounting to P289 million versus P247 million over 3Q99. This came on the back of a 26% increase in 4Q99 revenues over 3Q99 levels to 2.4 billion. Year-on-year, 4Q99 revenues expanded 14% over 4Q98.

Source: Anscor Hagedorn Securities, Inc. -March 3, 2000

[Kidd]

Dailo:

are you an analyst? galing mo ah :)

AC closed at 7.50? right? how high do you think it could go in this wave?

[DAILO]

Originally posted by Kidd:
Dailo:

are you an analyst? galing mo ah :)

AC closed at 7.50? right? how high do you think it could go in this wave?

yes... galing.... i dont know... i have have my off days also...

yes AC closed at 7.5000 an increase of 7.14% from its opening of 7.1000.

[DAILO]

Originally posted by DAILO:
yes... galing.... i dont know... i have have my off days also...

yes AC closed at 7.5000 an increase of 7.14% from its opening of 7.1000.

AC is looking like the buy of a lifetime. Its previous bleeders, GLO and PF, are posting fast turn around stories. ALI and BPI are as stable as ever. Over a 1 year horizon if I buy AC now what does it matter IF IF IF! it drops 50% or so to P4.00 when in a year it will likely be at P15.00?
Many are second guessing themselves asking what if it drops and forget to ask what if it flies?

I just gave AC as an example for one of the best long-term buys in the Philippines. I wanted to stress the point that the REAL Warren Buffet confides in, the best time to buy is on times of sky high interest rates and crisis.

[DAILO]

GLOBE Telecom Inc. is opening up its WAP (wireless application protocol) service to all Globe Handyphone subscribers beginning this month as part of the Ayala-controlled telecom firm's plan to offer Internet mobile services to all its subscribers.
http://www.inquirer.net/issues/jun2000/jun02/business/bus_6.htm

[DAILO]

PSE to revise trading rules
http://www.inquirer.net/issues/jun2000/jun02/business/bus_3.htm

[wAgKaNgMaKuLiT]

*KuLiT worships DAILO*

galing mo naman... one day... i wanna be like you.


hmmmm... nice line... :)


*takbo sa forum ni Ira and posts the same line*


...hehehe.


:D :D :D

[Orion D.]

Grabe ka Dailo! Saang investment house ka ba?

Kulit: Oo nga e, galing! :) Parang stock-ticker... :)



[This message has been edited by Orion D. (edited 06-02-2000).]

[DAILO]

Originally posted by wAgKaNgMaKuLiT:

*KuLiT worships DAILO*

galing mo naman... one day... i wanna be like you.


hmmmm... nice line... :)


*takbo sa forum ni Ira and posts the same line*


...hehehe.


:D :D :D

:D http://www.pinoyexchange.com/blush.gif :D http://www.pinoyexchange.com/blush.gif :D

[DAILO]

Originally posted by Orion D.:
Grabe ka Dailo! Saang investment house ka ba?

Kulit: Oo nga e, galing! :) Parang stock-ticker... :)

[This message has been edited by Orion D. (edited 06-02-2000).]

Kulit and I are putting up our own house KULIT DAILO SECURITIES :) Do you trust us with your money? haha



[This message has been edited by DAILO (edited 06-03-2000).]

[DAILO]

Swing to Singapore

The momentum in regional internet listing activity has swung in favor of the Singapore Exchange (SGX). SGX boasts numerous dot-coms, e-business enablers, etc lining up for a listing. SGX is seeing a spurt of equity activity not seen in the region since Tom.com scudded across the investor landscape.

The SGX has belatedly entered the internet sweepstakes amid global technology price volatility and deferred listings on its rival exchanges. Singapore-based Stratech Systems which describes itself as an “information technology company and an i-enabler, providing infrastructure and internet applications and services to businesses”, is preparing to list on the SGX. A market source says the deal is being 70 percent underwritten by Development Bank of Singapore, with the remainder underwritten by Citicorp and Salomon Smith Barney.

The source says the company originally intended to list in May but held back for more felicitous market conditions. The company is back on the IPO trail, but the source says its IPO is delayed by pricing disagreements between management and the investment banks.

Why can't we clean up our exchange?


[This message has been edited by DAILO (edited 06-03-2000).]

[JDELEON]

If you need it. BUY DOLLARS BEFORE JUNE 23.

caveat emptor: this is a rumor.

May Angels smile upon you,
Joe

[DAILO]

Philippines(Peso)
42.4650 1.00

[wAgKaNgMaKuLiT]

Originally posted by DAILO:
Kulit and I are putting up our own house KULIT DAILO SECURITIES :) Do you trust us with your money? haha

[This message has been edited by DAILO (edited 06-03-2000).]

-->; haha http://www.pinoyexchange.com/lol.gif
so, do you trust us with your money?
...hehe.


:D :D :D

[DAILO]

TOP Gainers
As of Monday, June 05, 2000 at 12:10:02 PM (Market Closed)


Symbol Security Previous Open Last High Low Change Volume

EBE EBECOM HOLDINGS, INC. 0.1500 0.1700 0.1900 0.1950 0.1700 26.67% 5,150,000

AR ABRA MINING & INDUSTRIAL 0.0090 0.0095 0.0110 0.0110 0.0095 22.22% 802,000,000

DIZ DIZON COPPER SILVER MINES 6.5000 7.9000 7.9000 7.9000 7.9000 21.54% 2,000

DMC DMCI HOLDINGS, INC. 0.5700 0.5900 0.6800 0.7100 0.5900 19.30% 5,610,000

BCI BACNOTAN CONS INDUS INC. 10.0000 11.0000 11.7500 12.0000 10.0000 17.50% 14,000

FLI FILINVEST LAND, INC. 1.6200 1.6600 1.8600 1.9000 1.6600 14.81% 20,724,000

GEI GLOBAL EQUITIES, INC. 0.4200 0.4200 0.4800 0.5000 0.4200 14.29% 3,120,000

WPIW WATERFRONT PHILS-WARRANT 0.1600 0.1700 0.1800 0.1800 0.1700 12.50% 810,000

PMT PRIMETOWN PROPERTY GROUP 0.4000 0.4500 0.4500 0.4500 0.4500 12.50% 30,000

PXB PHILEX MINING CORP. "B" 0.2050 0.2200 0.2300 0.2300 0.2200 12.20% 400,000

[DAILO]

TOP Losers
As of Monday, June 05, 2000 at 12:10:02 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume

MHI MAGNUM HOLDINGS, INC 3.4000 2.1000 2.2000 3.4000 2.1000 -35.29% 12,000

KPP KUOK PHIL. PROPERTIES 0.3000 0.2200 0.2200 0.2200 0.2200 -26.67% 10,000

ANS A. SORIANO CORPORATION 0.6000 0.5000 0.5300 0.5300 0.5000 -11.67% 50,000

BELW BELLE CORPORATION-WARRANT 0.2000 0.2000 0.1800 0.2050 0.1800 -10.00% 5,470,000

OM OMICO CORPORATION 0.0110 0.0110 0.0100 0.0110 0.0100 -9.09% 106,200,000

AHI ARMSTRONG HOLDINGS, INC. 1.6000 1.6000 1.4800 1.6000 1.4800 -7.50% 326,000

EBCW EQUITABLE PCI BANK-WAR 2.2000 2.1200 2.0400 2.1200 2.0400 -7.27% 27,000

UW UNIWIDE HOLDINGS, INC. 0.4800 0.4900 0.4500 0.4900 0.4500 -6.25% 11,530,000

UCC UNION CEMENT CORPORATION 0.8500 0.8100 0.8000 0.8100 0.8000 -5.88% 1,050,000

APX APEX MINING CO., INC. "A" 0.0090 0.0090 0.0085 0.0090 0.0085 -5.56% 25,000,000

[DAILO]

TOP Gainers
As of Tuesday, June 06, 2000 at 12:10:02 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume

UPM UNITED PARAGON MINING CO. 0.1900 0.2600 0.2600 0.2600 0.2600 36.84% 100,000

ASIA ASIATRUST DEV. BANK, INC. 7.5000 7.5000 10.0000 10.0000 7.5000 33.33% 10,000

PX PHILEX MINING CORP. "A" 0.2000 0.2400 0.2400 0.2400 0.2400 20.00% 100,000

PXB PHILEX MINING CORP. "B" 0.2300 0.2400 0.2700 0.2700 0.2400 17.39% 940,000

OPM ORIENTAL PET. & MIN. "A" 0.0065 0.0070 0.0075 0.0075 0.0065 15.38% 214,000,000

OPMB ORIENTAL PET. & MIN. "B" 0.0065 0.0070 0.0075 0.0075 0.0065 15.38% 85,000,000

MAB MANILA MINING CORP. "B" 0.0075 0.0080 0.0085 0.0085 0.0080 13.33% 332,000,000

MA MANILA MINING CORP. "A" 0.0075 0.0080 0.0085 0.0085 0.0080 13.33% 238,000,000

STN STENIEL MANUFACTURING 0.3100 0.3500 0.3500 0.3500 0.3500 12.90% 10,000

ISM ITOGON-SUYOC MINES "A" 0.0240 0.0230 0.0270 0.0270 0.0230 12.50% 1,800,000

[DAILO]

TOP Losers
As of Tuesday, June 06, 2000 at 12:10:02 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume

IRCB INTERPORT RES. "B" 0.0080 0.0060 0.0060 0.0060 0.0060 -25.00% 10,000,000

IPO IPEOPLE, INC. 1.0000 0.8700 0.8700 0.8700 0.8700 -13.00% 10,000

IRC INTERPORT RES. 0.0080 0.0080 0.0070 0.0080 0.0070 -12.50% 135,000,000

LND FIL-ESTATE LAND, INC. 0.7000 0.6700 0.6300 0.6700 0.6300 -10.00% 820,000

AR ABRA MINING & INDUSTRIAL 0.0110 0.0100 0.0100 0.0110 0.0095 -9.09% 258,000,000

RLT PHIL REALTY AND HOLDINGS 0.2700 0.2700 0.2500 0.2700 0.2500 -7.41% 550,000

OMW OMICO CORPORATION WARRANT 0.0070 0.0070 0.0065 0.0070 0.0065 -7.14% 26,000,000

ICT INT`L CONTAINER TERM`L SV 1.4400 1.4600 1.3400 1.4600 1.3200 -6.94% 2,282,000

PLTL PILTEL 1.0400 0.9700 0.9700 0.9700 0.9700 -6.73% 9,000

MVC MABUHAY VINYL CORP. 0.5500 0.5600 0.5200 0.5600 0.5200 -5.45% 30,000

[DAILO]

MOST ACTIVE
CODE PREV. CURR. PHP VALUE
BEL 1.16 1.2 30.13 M
AC 7.8 8.1 27.13 M
BW 5.3 5.4 26.94 M
AEV 1.8 1.76 4.18 M
AR 0.01 0.01 2.58 M

[DAILO]

yieldbroker.com launches research function

The first stage of Australia’s first internet-based research and trading capability for the secondary bond market was launched on May 30. Institutional clients can access credit, economic and strategic research of the participating banks — Deutsche Bank, Salomon Smith Barney, UBS Warburg and Westpac Institutional Bank. The four banks have an equal interest in yieldbroker.com. Molten Markets, a Sydney-based financial sector e-commerce firm that designed, and will maintain, the yieldbroker.com portal, also owns equity in the company.

The trading capability is to be rolled out in June. The banks will submit prices on Australian government, state government and corporate bonds, as well as New Zealand government bonds. The prices will be averaged to provide indicative prices and investors can also obtain live dealing prices from any one – or all four – of the banks. Prices can be requested on an outright basis, versus futures contracts traded on the Sydney Futures Exchange, or on a switch basis versus another bond.

[DAILO]

NJI to set up internet fund

Nomura/Jafco Investment (NJI) is planning to set up a new $100 million fund that will invest in internet and technology shares.

The group’s existing $600 million fund is nearly all invested and a new fund that will cater to internet and technology companies is needed.

NJI began investing in internet companies 18 months ago and has acquired stakes in a Hong Kong-based 3D browser, Gem-listing candidate I-Quest, and Chinese systems integration network, Charmfield.

[DAILO]

techpacific.com in Malaysia

Less than two weeks after forming a joint venture with Daum Communications of Korea, Hong Kong-listed techpacific.com has announced a joint venture with Camerlin Group of Malaysia.

The venture, to be called techpacificCamerlin.com, will be 60 percent held by techpacific.com with the remaining owned by Camerlin. Malaysian conglomerate Hong Leong and fund manager Brierley Investments are key investors in Camerlin.

Both parties will initially invest MR2 million ($539,800) in the new entity and raise a further MR50 million for investment in incubatees in Malaysia.

techpacificCamerlin.com hopes to list on the Malaysia Exchange of Securities Dealing and Automated Quotation (Mesdaq).

[DAILO]

Philippines(Peso)
42.3750 1.00

[DAILO]

BuzzCity.com gets $10 million

Singapore-based email alert service, BuzzCity.com, has attracted $10 million from several venture capital firms in its second round of financing.

British venture capital company 3i, together with the $400 million 3i Asia Pacific Technology Fund, is investing $5 million, BancBoston Capital, from the US is investing $2.2 million, while OCBC, Wearnes & Walden (OWW), one of the original investors in the company, is injecting $2.8 million.

BuzzCity.com’s first round of financing last year attracted around $1.7 million from investors, including a subsidiary of Singapore Press and OWW.

Lai Kok Fung, chief executive officer and co-founder of BuzzCity.com, says the fund will be used to expand and promote its services in the Americas and eventually to Europe.

The company is eyeing an initial public offering in the next six to 12 months with a possible listing in Singapore, Nasdaq or a European exchange.

Its revenue stream comes mostly from the customized consumer lists it provides to direct marketers.

BuzzCity.com has developed a technology that allows it to detect changes in websites, summarize the changes, and compile them as alerts to users of those websites.

It already manages the e-mail system of mainland Chinese portal, Sina.com, and has attracted computer firms Dell and NEC as advertisers.

[DAILO]

Originally posted by DAILO:
I read that the Hong Kong government plans to launch the initial public offering of its wholly-owned Mass Transit Railway Corp. by early autumn if market conditions are favorable. Its the most profitable MTR.

MTRC looking for $3.9 billion

Hong Kong’s Mass Transit Railway (MTRC) is looking to raise as much as HK$30 billion ($3.9 billion) from its privatisation and simultaneous IPO in September according to a report in the normally prescient local paper Apple Daily on May 29. Apple reckons the announced share sale will be priced at no less than 12 times MTRC’s price-to-earnings ratio. Bankers at the three appointed global coordinators — Goldman Sachs, HSBC and Warburg Dillon Read — would neither confirm nor deny the report but a senior source close to the deal says “a target of around $3 billion would certainly not be unrealistic for a name as prestigious as this”.

[wAgKaNgMaKuLiT]

wow! updated sobra!!!
dali! invest na kayo sa amin!

:D :D :D

[wAgKaNgMaKuLiT]

wow! updated sobra!!!
dali! invest na kayo sa amin!

:D :D :D

[DAILO]

TOP Gainers
As of Wednesday, June 07, 2000 at 12:10:01 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume

FSTE First eBank Corporation 1.0000 1.2000 2.9000 4.1000 1.2000 190.00% 210,000

APO ANGLO PHIL HOLDINGS CORP. 0.5100 0.7600 0.7600 0.7600 0.7600 49.02% 10,000

CPV CEBU PROP. VENT. "A" 0.6400 0.9500 0.9500 0.9500 0.9500 48.44% 30,000

BAL BALABAC RESOURCES & HLDGS 0.4500 0.4500 0.6400 0.6400 0.4500 42.22% 40,000

PX PHILEX MINING CORP. "A" 0.2400 0.2800 0.2800 0.2800 0.2800 16.67% 50,000

PSB PHIL. SAVINGS BANK 30.0000 30.5000 35.0000 35.0000 30.0000 16.67% 1,612,300

MVC MABUHAY VINYL CORP. 0.5200 0.5300 0.5800 0.5800 0.5300 11.54% 610,000

MCB MARSTEEL CONS., INC. "B" 0.0180 0.0200 0.0200 0.0200 0.0200 11.11% 3,000,000

RCB RIZAL COMM`L BKG CORP "A" 27.0000 30.0000 30.0000 30.0000 30.0000 11.11% 2,500

LC LEPANTO CONS MNG. CO. "A" 0.3200 0.3400 0.3500 0.3500 0.3400 9.38% 500,000

[DAILO]

TOP Losers
As of Wednesday, June 07, 2000 at 12:10:01 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume

UP UNIVERSAL RIGHTFIELD PROP 0.1600 0.1500 0.1300 0.1500 0.1300 -18.75% 2,000,000

GUO GUOCO HOLDINGS (PHILS.) 0.5800 0.5000 0.5000 0.5000 0.5000 -13.79% 50,000

EBE EBECOM HOLDINGS, INC. 0.1850 0.1550 0.1600 0.1800 0.1550 -13.51% 30,000

OPM ORIENTAL PET. & MIN. "A" 0.0075 0.0075 0.0065 0.0075 0.0065 -13.33% 43,000,000

BCI BACNOTAN CONS INDUS INC. 11.2500 11.2500 9.9000 11.2500 9.9000 -12.00% 300

SMDC SM DEVELOPMENT CORP. 0.8500 0.8500 0.7500 0.8500 0.7500 -11.76% 590,000

SINO SINOPHIL CORPORATION 0.1800 0.1750 0.1600 0.1750 0.1600 -11.11% 190,000

PNB PHILIPPINE NATIONAL BANK 82.5000 82.0000 74.0000 82.0000 74.0000 -10.30% 51,600

MC MARSTEEL CONS. INC. "A" 0.0200 0.0200 0.0180 0.0200 0.0180 -10.00% 3,400,000

IS ISLAND MING & INDUS 0.0800 0.0800 0.0725 0.0800 0.0725 -9.38% 19,200,000

[DAILO]

eIndia.com attracts $25 million

India-based horizontal portal eIndia.com has raised $25 million in its second round of financing from major companies and venture funds, including investor Alta Partners of the US, chinadotcom, Garage.com, and TCW ICICI Venture.

Alta Partners, which participated in the first round of financing, raised its stake by three percent to 24 percent; Garage. com acquired one percent; TCW-ICICI Venture, two percent; and chinadotcom, 10 percent.

Large angel investors in US hold around nine percent of the equity.
eIndia distributes comprehensive community, commerce and technology content, including travel, shopping, web hosting, news and gifts.

[DAILO]

eIndia.com attracts $25 million

India-based horizontal portal eIndia.com has raised $25 million in its second round of financing from major companies and venture funds, including investor Alta Partners of the US, chinadotcom, Garage.com, and TCW ICICI Venture.

Alta Partners, which participated in the first round of financing, raised its stake by three percent to 24 percent; Garage. com acquired one percent; TCW-ICICI Venture, two percent; and chinadotcom, 10 percent.

Large angel investors in US hold around nine percent of the equity.
eIndia distributes comprehensive community, commerce and technology content, including travel, shopping, web hosting, news and gifts.

[DAILO]

eIndia.com attracts $25 million

India-based horizontal portal eIndia.com has raised $25 million in its second round of financing from major companies and venture funds, including investor Alta Partners of the US, chinadotcom, Garage.com, and TCW ICICI Venture.

Alta Partners, which participated in the first round of financing, raised its stake by three percent to 24 percent; Garage. com acquired one percent; TCW-ICICI Venture, two percent; and chinadotcom, 10 percent.

Large angel investors in US hold around nine percent of the equity.
eIndia distributes comprehensive community, commerce and technology content, including travel, shopping, web hosting, news and gifts.

[DAILO]

China Unicom in pursuit of “over $4 billion”

A banker close to the proposed initial public office (IPO) for China Unicom, China’s second largest telecommunications company after China Telecom, says the state-owned enterprise is looking to raise “over $4 billion” from a transaction it claims is imminent. The deal will see Unicom selling around 2.5 billion new shares at between HK$11.5 ($1.48) and HK$14.5 per share and talk is that the deal – following current global road shows – will begin trading in New York and Hong Kong on June 21 and June 22, respectively. Morgan Stanley and its China-based sister China International Capital are the joint-global coordinators on what, successful execution pending, could be the largest first-time share offering by a PRC concern.

[DAILO]

PCCW eyes loan, bond refinancing

Not surprisingly in the light of the size of its liability, Pacific Century CyberWorks (PCCW) is planning to refinance up to half of its $12 billion loan raised to purchase Cable & Wireless Hong Kong Telecom. That deal is planned to settle in August.

The company is looking at raising $5.3 to $6 billion in five to seven-year maturity debt, helping to ease the financing horizon of its current exposure.

JP Morgan and Morgan Stanley Dean Witter are advising the company on a rating. The company is hoping for a A rating.

PCCW would be constrained by Hong Kong’s sovereign foreign currency credit rating of A. Such a rating would put them on a par with government-owned Mass Transit Railway (MTRC) and Kowloon-Canton Railway (KCRC). MTRC’s 7.5 percent 02/2009 bond trades at 197 basis points over 10-year US Treasuries and KCRC’s eight-percent 03/2010 bond trades at 209 over. Hutchison Whampoa, also rated A, is on negative credit watch due to its telecom ambitions.

A senior strategist at an American investment bank in Hong Kong was a little sceptical of the company’s hopes. “The company is doing the right thing in trying to create strong balance sheet with predictable and solid utilities earnings. But I would say a A rating would be premature and overly optimistic. At the same time all telecom companies have had their ratings under pressure, including PCCW’s joint venture partner, Telstra.”

[DAILO]

Originally posted by DAILO:
China Unicom in pursuit of “over $4 billion”

A banker close to the proposed initial public office (IPO) for China Unicom, China’s second largest telecommunications company after China Telecom, says the state-owned enterprise is looking to raise “over $4 billion” from a transaction it claims is imminent. The deal will see Unicom selling around 2.5 billion new shares at between HK$11.5 ($1.48) and HK$14.5 per share and talk is that the deal – following current global road shows – will begin trading in New York and Hong Kong on June 21 and June 22, respectively. Morgan Stanley and its China-based sister China International Capital are the joint-global coordinators on what, successful execution pending, could be the largest first-time share offering by a PRC concern.

Hutchison forges alliance with China Unicom
Hutchison Whampoa, the flagship of Hong Kong tycoon Li Ka-shing, has forged a strategic alliance with China United Telecommunications (China Unicom) that will enable the two companies to cooperate in various telecommunication activities on mainland China. The two companies said on May 31 that their joint venture business in China would be nationwide and would involve telecom-related consultancy and training, including network planning, design, operations, maintenance, marketing, and sales and customer services. Hutchison and China Unicom signed a business cooperation framework agreement covering their partnership.

The two companies also signed an agreement in which Hutchison will acquire $400 million worth of China Unicom shares at its initial public offering next month. China Unicom says it expects to raise around $3.98 billion when it places 2.46 billion shares through a dual listing in Hong Kong and New York.

[DAILO]

Originally posted by wAgKaNgMaKuLiT:

wow! updated sobra!!!
dali! invest na kayo sa amin!

:D :D :D

I really dont mind updating... but i wish other peeps out there would join in.

Kulit... i dont think anyone trusts us with their money :D :D :D



[This message has been edited by DAILO (edited 06-07-2000).]

[DAILO]

Top Issues Traded
As of Wednesday, June 07, 2000 at 12:10:01 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Value

SMCB SAN MIGUEL CORP. "B" 52.0000 52.0000 52.0000 52.0000 51.5000 0.00% 77,334,600.00

BW BW RESOURCE CORPORATION 5.4000 5.3000 5.3000 5.6000 5.2000 -1.85% 62,990,900.00

FLI FILINVEST LAND, INC. 2.0600 2.0000 1.8800 2.0400 1.8800 -8.74% 62,978,340.00

PSB PHIL. SAVINGS BANK 30.0000 30.5000 35.0000 35.0000 30.0000 16.67% 56,270,600.00

MERB MANILA ELECTRIC CO. "B" 69.5000 68.0000 63.5000 68.0000 63.5000 -8.63% 53,402,000.00

BPC BENPRES HOLDINGS CORP. 4.4000 4.4000 4.1000 4.4000 4.1000 -6.82% 46,476,650.00

ABSP ABS-CBN HLDGS. CORP (PDR) 47.5000 47.0000 44.0000 47.0000 44.0000 -7.37% 44,209,550.00

TEL PHIL. LONG DIS TEL CO. 760.0000 745.0000 740.0000 750.0000 740.0000 -2.63% 40,378,300.00

ALI AYALA LAND INC. 5.6000 5.5000 5.5000 5.6000 5.5000 -1.79% 31,966,100.00

MPC METRO PACIFIC CORP. 0.7300 0.7200 0.7000 0.7600 0.6900 -4.11% 28,467,600.00

[wAgKaNgMaKuLiT]

Originally posted by DAILO:
I really dont mind updating... but i wish other peeps out there would join in.

Kulit... i dont think anyone trusts us with their money :D :D :D

[This message has been edited by DAILO (edited 06-07-2000).]

-->; ako taga read lang kahit na walang naiintindihan... hehehe.

hde ba tyo mukhang trustworthy?


:D :D :D

[DAILO]

TOP Gainers
As of Thursday, June 08, 2000 at 12:10:02 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume

IPO IPEOPLE, INC. 0.8700 1.0800 1.0800 1.0800 1.0800 24.14% 20,000

MEG MEGAWORLD CORPORATION 1.0000 1.0200 1.1800 1.2200 1.0200 18.00% 44,840,000

APO ANGLO PHIL HOLDINGS CORP. 0.7600 0.8900 0.8900 0.8900 0.8900 17.11% 10,000

SMDC SM DEVELOPMENT CORP. 0.7500 0.8500 0.8500 0.8500 0.8500 13.33% 150,000

FSTE First eBank Corporation 2.9000 2.9000 3.2500 3.8000 2.9000 12.07% 467,000

EVER EVER-GOTESCO RESOURCES 0.0850 0.0800 0.0950 0.0950 0.0800 11.76% 2,100,000

OM OMICO CORPORATION 0.0100 0.0100 0.0110 0.0110 0.0100 10.00% 52,000,000

PCP PICOP RESOURCES, INC. 0.2200 0.2400 0.2400 0.2400 0.2400 9.09% 50,000

CBC COSMOS BOTTLING CORP. 2.3000 2.5000 2.5000 2.5000 2.5000 8.70% 32,000

OPM ORIENTAL PET. & MIN. "A" 0.0065 0.0065 0.0070 0.0070 0.0065 7.69% 231,000,000

[DAILO]

TOP Losers
As of Thursday, June 08, 2000 at 12:10:02 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume

WPIW WATERFRONT PHILS-WARRANT 0.1700 0.1700 0.1200 0.1700 0.1200 -29.41% 220,000

PPC PRYCE CORPORATION 1.0600 0.9100 0.9000 0.9100 0.9000 -15.09% 1,000,000

ALC ALSONS CEMENT CORP. 0.3600 0.3600 0.3100 0.3600 0.3100 -13.89% 25,000,000

REG REPUBLIC GLASS HLDG. CORP 0.6500 0.5500 0.5600 0.5800 0.5500 -13.85% 11,020,000

SPI SPI TECHNOLOGIES, INC. 9.4000 9.4000 8.3000 9.4000 8.3000 -11.70% 1,180,000

ANS A. SORIANO CORPORATION 0.5300 0.4800 0.4800 0.4800 0.4800 -9.43% 1,000,000

ABAB ABACUS CON RES & HDG B 1.1000 1.0000 1.0000 1.0000 1.0000 -9.09% 1,000

BCI BACNOTAN CONS INDUS INC. 9.9000 9.0000 9.0000 9.0000 9.0000 -9.09% 189,000

OMW OMICO CORPORATION WARRANT 0.0065 0.0065 0.0060 0.0065 0.0060 -7.69% 521,000,000

PTT PHIL. TELEGRAPH & TEL. CO 0.4300 0.4000 0.4000 0.4000 0.4000 -6.98% 200,000

[DAILO]

Top Issues Traded
As of Thursday, June 08, 2000 at 12:10:02 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Value

SMCB SAN MIGUEL CORP. "B" 52.0000 51.5000 52.0000 52.0000 51.5000 0.00% 79,749,050.00

MEG MEGAWORLD CORPORATION 1.0000 1.0200 1.1800 1.2200 1.0200 18.00% 51,629,400.00

BW BW RESOURCE CORPORATION 5.3000 5.4000 5.2000 5.5000 5.1000 -1.89% 38,492,500.00

RPC REYNOLDS PHILIPPINE CORP. 0.9300 0.9200 0.9300 0.9300 0.9200 0.00% 31,997,900.00

ABSP ABS-CBN HLDGS. CORP (PDR) 44.0000 43.5000 43.5000 43.5000 42.5000 -1.14% 31,193,950.00

WEB PHILWEB.COM, INC. 0.1750 0.1800 0.1750 0.1800 0.1700 0.00% 21,653,950.00

TEL PHIL. LONG DIS TEL CO. 740.0000 745.0000 750.0000 750.0000 745.0000 1.35% 20,310,000.00

V VANTAGE EQUITIES,INC. 2.1000 2.1400 2.0800 2.1600 2.0400 -0.95% 20,265,480.00

FLI FILINVEST LAND, INC. 1.8800 1.8800 1.9000 1.9400 1.8800 1.06% 19,192,000.00

ELI EMPIRE EAST LAND INC. 0.3300 0.3400 0.3500 0.3700 0.3400 6.06% 18,647,700.00

[DAILO]

Originally posted by wAgKaNgMaKuLiT:

-->; ako taga read lang kahit na walang naiintindihan... hehehe.

hde ba tyo mukhang trustworthy?


:D :D :D

HAaha! :D :D :D Must be greek to you... its all good... If no else responds to this then they all feel we are trustworthy... :D :D :D

[DAILO]

Philippines(Peso)
42.3750
1.00

Japan(Yen)
105.6750
0.40

Euro(Euro)
1.0421
40.66


Last update as of 6/8/00 8:15:00 AM

[DAILO]

Philippines(Peso)
42.4700
1.00

Japan(Yen)
105.7150
0.40

Euro(Euro)
1.0430
40.72


Last update as of 6/8/00 5:02:27 PM

[DAILO]

Hong Kong Disneyland to list…in 2008

After two quarters of what many have regarded as numerous Mickey Mouse listings in Hong Kong stock markets, came the announcement of the real thing on June 1. Commissioner of Tourism Michael Rowse then said that an offering of shares in the HKSAR’s Walt Disney $3 billion theme park — which is due to open in 2005 — will be made to the public. No indication was given as to the size of the listing and investment bankers will not be holding their breath for the beauty contest, given that the IPO will not take place until at least 2008.

The brainchild of HKSAR Chief Executive Tung Chee Hwa to boost tourism and infrastructure development, Hong Kong Disneyland is costing the government $2.2 billion for a 57 percent stake in Hong Kong International Theme Parks (Disney owns the remaining 43 percent). With distinct echoes of old economy orthodoxy, Rowse says he wants the project to be able to demonstrate a profitable track record before wooing investors and notes “an element of doubt” would cloud any issue that lacked such.

[batang uliran]

I think this thread should be renamed - Ask Dailo! :D

Just to put in my 2 cents - if you're a conservative person, place your money in dollar denominated debt of the big blue chips like Globe and Ayala Corp. It's s foregone conclusion these companies won't default on their debt. Return is in the vicinity of 10% yearly plus you have the security of having your money in greenbacks.

If you have a little bit of an appetite for risk, buy up the local blue chips - AC, ALI, BPI, SMC, Meralco, ABS-CBN and SMPrime. Many of these companies are at close to their 52 weeks lows and continue to have good fundamentals and excellent management teams. If you are willing to wait 12 to 24 months, the stocks of these companies are a good buy. Ayala Land for instance in recent weeks touched an all time low. It is still a good buy at under P6. If I had to pick 2 stocks it would be ALI and SMPrime. Then AC and Globe after that. SMC is a good buy but has been relatively unscathed in the recent correction and Meralco is surrounded by a lot of uncertainty. ABS likewise is close to being fairly valued at this point. My dig against that company though is I have little faith in their whole convergence philosophy happening - Sky Cable is just treading above water and Bayantel is all but sunk. So much for 2 of their 3 big arms for their convergence plans...

[wAgKaNgMaKuLiT]

hmmm... sound like greek to me alright!
lolz. http://www.pinoyexchange.com/lol.gif


.

:D :D :D

[DAILO]

Lets all welcome Batang!

WELCOME!

we're not alone kulit :)

[This message has been edited by DAILO (edited 06-09-2000).]

[Henry13]

Grandmaster Dailo and sidekick kulit, I really want to get into this stockmarket stuff.. how should I go about it? Do you think I could get anywhere mith my, say, 50k?

[DAILO]

Originally posted by Henry13:
Grandmaster Dailo and sidekick kulit, I really want to get into this stockmarket stuff.. how should I go about it? Do you think I could get anywhere mith my, say, 50k?

WELCOME HENRY!

Grandmaster! :) hahaha far from it. Im actually Kulit's sidekick. :D

Stockmarket stuff... no problem. first you will need a broker...

Kulit... we have 50K to play with...

You can actually do alot with 50K... just be aware you can either double it or even lose it... but we intend to help you double it.

[DAILO]

NASDAQ PORTFOLIO 6/08 closing

*CSCO 64.500 +1.625 Vol: 18,017,900
*CMGI 60.563 +1.313 Vol: 2,765,800
*AOL 55.125 -1.750 Vol: 6,842,200
*WCOM 43.625 +0.625 Vol: 11,875,300

[DAILO]

Philippines(Peso)
42.4850
1.00

Japan(Yen)
106.0500
0.40

Euro(Euro)
1.0476
40.55


Last update as of 6/9/00 7:54:33 AM

[DAILO]

Originally posted by batang uliran:
If you have a little bit of an appetite for risk, buy up the local blue chips - AC, ALI, BPI, SMC, Meralco, ABS-CBN and SMPrime. Many of these companies are at close to their 52 weeks lows and continue to have good fundamentals and excellent management teams. If you are willing to wait 12 to 24 months, the stocks of these companies are a good buy. Ayala Land for instance in recent weeks touched an all time low. It is still a good buy at under P6. If I had to pick 2 stocks it would be ALI and SMPrime. Then AC and Globe after that. SMC is a good buy but has been relatively unscathed in the recent correction and Meralco is surrounded by a lot of uncertainty. ABS likewise is close to being fairly valued at this point. My dig against that company though is I have little faith in their whole convergence philosophy happening - Sky Cable is just treading above water and Bayantel is all but sunk. So much for 2 of their 3 big arms for their convergence plans...

My 2 cents...

I agree with you on the dollar denominated debt. As far as the rest, its simple CASH. Generally all the companies I recommended are cash rich, I mean hoards of it. SMC, AC, FLI/FDC...

As far as SMPH they have excellent fundamentals and major cash but the stock is not a big money maker in my eyes. Two things to make money, big price appreciation and for long-termers, dividends. SMPH historically is poor in both. Compared to AC/ALI, big div givers and you can easily double your money several times with those stocks in terms of price appreciation. I agree with you on Meralco and ABS-CBN.

just my thought. :)

[DAILO]

TOP Gainers
As of Friday, June 09, 2000 at 12:10:02 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume

WPIW WATERFRONT PHILS-WARRANT 0.1200 0.1700 0.1700 0.1700 0.1700 41.67% 230,000

OVB THE PHILODRILL CORP. "B" 0.3000 0.4000 0.4000 0.4000 0.4000 33.33% 160,000

OV THE PHILODRILL CORP. "A" 0.3000 0.3900 0.3900 0.4000 0.3900 30.00% 360,000

PPC PRYCE CORPORATION 0.9000 1.0600 1.0600 1.0600 1.0600 17.78% 50,000

UNI UNIOIL RES. & HOLDINGS CO 0.1300 0.1500 0.1500 0.1500 0.1500 15.38% 20,000

PTT PHIL. TELEGRAPH & TEL. CO 0.4000 0.4200 0.4600 0.4800 0.4200 15.00% 760,000

UW UNIWIDE HOLDINGS, INC. 0.4800 0.4900 0.5200 0.5300 0.4800 8.33% 24,700,000

ICT INT`L CONTAINER TERM`L SV 1.3000 1.4400 1.4000 1.4400 1.3600 7.69% 30,885,000

BW BW RESOURCE CORPORATION 5.2000 5.2000 5.5000 5.6000 5.2000 5.77% 13,001,000

SEVN PHILIPPINE SEVEN CORP. 4.4000 4.6500 4.6500 4.6500 4.6500 5.68% 27,000

[DAILO]

TOP Losers
As of Friday, June 09, 2000 at 12:10:02 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Volume

FSTE First eBank Corporation 3.2500 2.5500 2.5500 2.8000 2.5500 -21.54% 421,000

DIZ DIZON COPPER SILVER MINES 7.9000 6.5000 6.5000 6.5000 6.5000 -17.72% 5,000

AT ATLAS CONS. MIN & DEV`T 2.9500 2.5000 2.5000 2.5000 2.5000 -15.25% 10,000

BKD BANKARD, INC. 3.7500 3.7000 3.3000 3.7000 3.2000 -12.00% 479,000

MAHB Metro Alliance Holdings & Equi 0.9000 0.8000 0.8000 0.8000 0.8000 -11.11% 200,000

OM OMICO CORPORATION 0.0110 0.0100 0.0100 0.0110 0.0100 -9.09% 355,000,000

CHI CEBU HOLDINGS, INC. 0.6500 0.6000 0.6000 0.6000 0.6000 -7.69% 20,000

CMP C & P HOMES, INC. 0.2700 0.2600 0.2500 0.2600 0.2500 -7.41% 1,970,000

IPO IPEOPLE, INC. 1.0800 1.0000 1.0000 1.0000 1.0000 -7.41% 70,000

MPC METRO PACIFIC CORP. 0.7100 0.7000 0.6600 0.7000 0.6600 -7.04% 15,630,000

[DAILO]

Top Issues Traded
As of Friday, June 09, 2000 at 12:10:02 PM (Market Closed)

Symbol Security Previous Open Last High Low Change Value

TEL PHIL. LONG DIS TEL CO. 750.0000 745.0000 780.0000 780.0000 745.0000 4.00% 182,585,200.00

SMCB SAN MIGUEL CORP. "B" 52.0000 51.5000 52.0000 52.0000 51.0000 0.00% 116,696,000.00

PNB PHILIPPINE NATIONAL BANK 70.0000 70.0000 70.0000 70.0000 68.0000 0.00% 72,614,050.00

BW BW RESOURCE CORPORATION 5.2000 5.2000 5.5000 5.6000 5.2000 5.77% 70,802,400.00

MERB MANILA ELECTRIC CO. "B" 65.0000 65.5000 64.5000 65.5000 64.5000 -0.77% 46,754,500.00

ICT INT`L CONTAINER TERM`L SV 1.3000 1.4400 1.4000 1.4400 1.3600 7.69% 44,316,880.00

ABSP ABS-CBN HLDGS. CORP (PDR) 43.5000 43.0000 43.0000 43.5000 41.5000 -1.15% 39,192,250.00

AC AYALA CORPORATION 8.0000 7.9000 7.8000 7.9000 7.8000 -2.50% 33,440,300.00

RPC REYNOLDS PHILIPPINE CORP. 0.9300 0.9200 0.9200 0.9200 0.9200 -1.08% 31,694,000.00

ALI AYALA LAND INC. 5.6000 5.5000 5.3000 5.5000 5.3000 -5.36% 31,620,100.00

[DAILO]

Philippines(Peso)
42.4700
1.00

Japan(Yen)
106.4900
0.40

Euro(Euro)
1.0465
40.58


Last update as of 6/9/00 4:32:25 PM

[wAgKaNgMaKuLiT]

Originally posted by DAILO:
WELCOME HENRY!

Grandmaster! :) hahaha far from it. Im actually Kulit's sidekick. :D

Stockmarket stuff... no problem. first you will need a broker...

Kulit... we have 50K to play with...

You can actually do alot with 50K... just be aware you can either double it or even lose it... but we intend to help you double it.




-->; ay! may nauto na tayo... lolz http://www.pinoyexchange.com/lol.gif dyok lang...
hmmmm... ikaw side kick ko? i think u got it backwards... :)

*KuLiT bows down at DAILO's feet*


anyways, Henry13... God bless sa pag invest mo... oist! pahati ha... lolz http://www.pinoyexchange.com/lol.gif


.

:D :D :D

[DAILO]

Originally posted by wAgKaNgMaKuLiT:


-->; ay! may nauto na tayo... lolz http://www.pinoyexchange.com/lol.gif dyok lang...
hmmmm... ikaw side kick ko? i think u got it backwards... :)

*KuLiT bows down at DAILO's feet*


anyways, Henry13... God bless sa pag invest mo... oist! pahati ha... lolz http://www.pinoyexchange.com/lol.gif


.

:D :D :D



Good Morning peeps!

just heading out for the long weekend... KuLiT... i should bow down to you... youre my teacher. http://www.geocities.com/dackkie/smiley/wink.gif

anyways i'll be back later... cant forget my laptop... :D

Enjoy your weekend!



[This message has been edited by DAILO (edited 06-10-2000).]

[wAgKaNgMaKuLiT]

Originally posted by DAILO:
Good Morning peeps!

just heading out for the long weekend... KuLiT... i should bow down to you... youre my teacher. http://www.geocities.com/dackkie/smiley/wink.gif

anyways i'll be back later... cant forget my laptop... :D

Enjoy your weekend!

[This message has been edited by DAILO (edited 06-10-2000).]

-->; nyarks! anyways,

Good Morning Everyone!!! :)


.


:D :D :D

[gem]

dailo:

which stocks r good? and which brokerage is reliable? If I have like 40K, how far would it go?

what other form of placements r there and which is a good form? how much is the yield?

[DAILO]

Originally posted by gem:
dailo:

which stocks r good? and which brokerage is reliable? If I have like 40K, how far would it go?

what other form of placements r there and which is a good form? how much is the yield?

AC is looking like the buy of a lifetime. Its previous bleeders, GLO and PF, are posting fast turn around stories. ALI and BPI are as stable as ever. Over a 1 year horizon if I buy AC now what does it matter IF IF IF! it drops 50% or so to P4.00 when in a year it will likely be at P15.00?
Many are second guessing themselves asking what if it drops and forget to ask what if it flies?

I just gave AC as an example for one of the best long-term buys in the Philippines. I wanted to stress the point that the REAL Warren Buffet confides in, the best time to buy is on times of sky high interest rates and crisis.

There are many houses to choose from depending on the services. That is an opinionated question which i'd rather not answer... of course i would say mine.
DAILO KULIT SECURITIES. :D :D :D

It will go as far as you make it. Youre responsible for your gains/losses, you owe it to yourself to take the risk... I can only provide you advice and show you the door. It is you who must open it.

Other forms include what Batang had mentioned above:
<;snip>;
if you're a conservative person, place your money in dollar denominated debt of the big blue chips like Globe and Ayala Corp. It's s foregone conclusion these companies won't default on their debt. Return is in the vicinity of 10% yearly plus you have the security of having your money in greenbacks.

Good Luck! :D :D :D

[green grin]

hey, dailo! just letting you know i read this thread. keep posting, okay? ;)

[DAILO]

Originally posted by green grin:
hey, dailo! just letting you know i read this thread. keep posting, okay? ;)

WELCOME GREEN GRIN!

Thanks for taking the time to read this thread... i was begining to wonder if KuLiT was the only one crazy enough to read my posts. :D :D :D Feel free to post in here anytime. :)

[KuyaDanny]

Originally posted by DAILO:
i was begining to wonder if KuLiT was the only one crazy enough to read my posts.



I read them, too. Every single one. As I said before, DAILO is better than Bloomberg. :D

[batang uliran]

AC is indeed attractive but my I prefer to look at individual units in the Ayala Group and individually pick out which company to buy.

ALI is the best buy of the bunch because it is very undervalued, it is trading at a steep discount to NAV and has an excellent management team - perhaps the best in the country of any company.

Globe has a great upside but is nearly fully valued at present. I happen to be of the opinion that WAP is much ado about nothing - this is at best a transition technology that will be supplanted by more advanced wireless technology like DoCoMo so this doesn't really add further value to the company. Still, the company's cellular business is growing by leaps and bounds and Globe will probably hit the 3 million subscriber mark by early next year.

BPI is conervative and solid and its stock price will behave in the same fashion. Some upside, not a lot and you will be unlikely to lose money on the stock even in the short term. This stock will be the one of the big three (in the Ayala Group) that will trade within the narrowest band.

Purefoods - Not enough volume, not very exciting even if it did.

Personally, I think the biggest reason to enter AC at present is as an internet play since that's the only way you can reap the benefit from companies like iAyala. It is true AC is undervalued but it also has quite a bit of debt and I think the company's internet activities won't contribute anything to the bottom line in the near future.

[green grin]

hey, dailo!

what your take on ocier's ivantage? it's well-funded and has talented managers. in the event of an ipo, will it be worth a buy?

thanks. :)

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

GEI Global Equities Inc 0.4500 0.6400 0.6600 0.4700 42.2222% 6,213,266.5000

MAR Metro Alliance Holdings & Equities Corp 0.800 1 1.100 1 25.0000% 171,000.0000

MON Mondragon International Philippines Co 0.740 0.920 0.920 0.720 24.3243% 14,619,500.0000

PTT Philippine Telegraph and Tel Corp 0.46 0.57 0.57 0.49 23.9130% 464,500.0000

CEI Crown Equities Inc 0.430 0.500 0.500 0.430 16.2791% 3,002,900.0000

BW BW Resource Corporation 5.500 6.200 6.200 5.500 12.7273% 189,633,408.0000

UP Universal Rightfield Property Hldg 0.135 0.150 0.150 0.135 11.1111% 32,700.0000

FER Leisure & Resorts World Corporation 1.400 1.540 1.540 1.460 10.0000% 12,563,100.0000

MAC Macroasia Corporation 3.900 4.200 4.200 3.950 7.6923% 17,549,050.0000

DIZ Dizon Copper Silver Mines Inc 6.5000 7 7 7 7.6923% 7,000.0000

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

OMW Omico Corporation 0.0060 0.0042 0.0055 0.0036 -30.0000% 4,872,400.0000

EPHI Edsa Properties Holdings Inc 2.100 1.500 1.500 1.500 -28.5714%
241,500.0000

AT Atlas Consolidated Mining and Develop 2.500 2.020 2.020 2.020 -19.2000% 20,200.0000

FEU Far Eastern University Inc 650 550 550 550 -15.3846% 198,000.0000

BHI Boulevard Properties Holdings Inc 0.2200 0.1900 0.1900 0.1900 -13.6364% 5,700.0000

BKD Bankard Inc 3.300 2.900 3.300 2.750 -12.1212% 927,600.0000

ASIA Asiatrust Development Bank Inc 10 9 9 9 -10.0000% 54,000.0000

MCB Marsteel Cons Inc 0.0200 0.0180 0.0180 0.0180 -10.0000% 45,000.0000

BELW Belle Corporation 0.1800 0.1650 0.1700 0.1600 -8.3333% 324,350.0000

MHC Mabuhay Holdings Corp 0.490 0.450 0.470 0.450 -8.1633% 18,300.0000

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

OMW Omico Corporation 0.0060 0.0042 0.0055 0.0036 -30.0000% 4,872,400.0000

OM Omico Corporation 0.0100 0.0100 0.0100 0.0095 0.0000% 6,224,500.0000

WEB PhilWeb.Com, Inc. 0.1700 0.1650 0.1700 0.1600 -2.9412% 16,721,350.0000

AR Abra Mining and Industrial Corp 0.0095 0.0095 0.0095 0.0090 0.0000% 505,500.0000

OPM Oriental Petroleum and Minerals Corp 0.0070 0.0070 0.0070 0.0070 0.0000% 343,000.0000

MAB Manila Mining Corp 0.0080 0.0075 0.0075 0.0075 -6.2500% 262,500.0000

OPMB Oriental Petroleum and Minerals Corp 0.0075 0.0070 0.0075 0.0070 -6.6667% 229,000.0000

BW BW Resource Corporation 5.500 6.200 6.200 5.500 12.7273% 189,633,408.0000

MEG Megaworld Properties Holdings Inc 1.180 1.240 1.240 1.160 5.0848% 34,072,920.0000

PO Polar Mines and Development Corp 0.0200 0.0190 0.0190 0.0190 -5.0000% 431,300.0000

[DAILO]

WELCOME KUYA DANNY... i never did give you a welcome yet... :)

Thanks for taking the time to read this thread and post in your forums. :D :D :D

[DAILO]

WELCOME KUYA DANNY... I never did get the chance to welcome you and thank you for taking the time to read this thread and allow me to post in your forums.. :D :D :D

[DAILO]

WELCOME KUYA DANNY... I never did get the chance to welcome you and thank you for taking the time to read this thread and allow me to post in your forums.. :D :D :D

WELCOME!

[DAILO]

WELCOME BATANG... I never did get the chance to welcome you and thank you for taking the time to read and post in this thread .. :D :D :D

WELCOME and kepp on posting!

[This message has been edited by DAILO (edited 06-13-2000).]

[DAILO]

KEEP ON POSTING AND READING! :D :D :D

[DAILO]

NASDAQ 6/13

*CSCO 62.125 -2.250 Vol: 22,073,800
*CMGI 56.500 -4.563 Vol: 3,920,000
*AOL 52.625 -2.125 Vol: 9,022,000
*WCOM 43.563 +1.438 Vol: 11,399,400

[DAILO]

Originally posted by DAILO:
Swing to Singapore

The momentum in regional internet listing activity has swung in favor of the Singapore Exchange (SGX). SGX boasts numerous dot-coms, e-business enablers, etc lining up for a listing. SGX is seeing a spurt of equity activity not seen in the region since Tom.com scudded across the investor landscape.

The SGX has belatedly entered the internet sweepstakes amid global technology price volatility and deferred listings on its rival exchanges. Singapore-based Stratech Systems which describes itself as an “information technology company and an i-enabler, providing infrastructure and internet applications and services to businesses”, is preparing to list on the SGX. A market source says the deal is being 70 percent underwritten by Development Bank of Singapore, with the remainder underwritten by Citicorp and Salomon Smith Barney.

The source says the company originally intended to list in May but held back for more felicitous market conditions. The company is back on the IPO trail, but the source says its IPO is delayed by pricing disagreements between management and the investment banks.

Why can't we clean up our exchange?


[This message has been edited by DAILO (edited 06-03-2000).]

A tale of two rivalries

The Stock Exchange of Hong Kong (SEHK) and the Singapore Exchange (SGX) have plans for globalized trading — and so far these do not include each other.

On June 6 the SGX announced plans to share its electronic trading and settlement platform with the Australian Stock Exchange (ASX). A joint statement from the exchanges says, “Investors in Australia and Singapore will be able to buy and sell equity securities in each other’s market, in their own currency, through stockbrokers in their own country.”

Then on June 7, the Hong Kong Exchanges and Clearing (HKEx — the holding company for the SEHK and the Hong Kong Futures Exchange) announced that it is in talks to enter a 10-member super exchange called the Global Equity Market.

This alliance (the how and when are not yet specified) will see integration of some form by the following exchanges: the New York Stock Exchange, the Tokyo Stock Exchange, the Australian Stock Exchange (ASX), Euronext (which encompasses Amsterdam, Brussels and Paris), the Toronto Stock Exchange, the Bolsa Mexicana de Valores and the Bolsa de Valores de Sao Paulo. A HKEx press release states the initiative will create a 24-hour global bourse with a market capitalization exceeding $20 trillion.

It is interesting that, while the ASX has managed to form partnerships separately with the SGX and SEHK, the Singapore and Hong Kong stock exchanges have yet to see the point of linking with each other. Likewise it is interesting that the HKEx would announce its intention to integrate with, for example, the Sao Paulo bourse before it finds the ways and means to combine with the SGX — an exchange with which there is much greater cross-over of investor interest.

It is apparent that Hong Kong and Singapore are too used to being rivals to consider integration. Hong Kong and Singapore are competing against each other. If you look at the takeover of Hong Kong Telecom…. There is a degree of politics involved. Singapore Telecommunications was rebuffed in favor of the Hong Kong internet and convergence firm Pacific Century CyberWorks.

I would like to see an alliance in Asia. You see Frankfurt and London, why can’t Asian exchanges get together and do something? I would like to see them sit down and talk. They should see what they could do to form some alliance… I guess … these two places are fighting for the top spot, to be the financial center in Asia.

Unfortunately there is no plans yet of inviting the PHISIX.

[DAILO]

FYI.

Templeton unsure of investment in PNB

Templeton Asset Management has received, but not yet accepted an invitation by TSL Beatrice of the US to join an international consortium bidding for 80 percent of Philippine National Bank (PNB), says Templeton president Mark Mobius.

“We have not reached any formal contractual agreement with potential bidders so far, and are therefore open to all options. We are taking a wait-and-see attitude. Once we have more information about TLC Beatrice’s banking partners and the detailed financial plan, we will make our decision,” he adds.

Mobius says several factors prompted Templeton to consider investing in PNB. He also identified the challenges facing prospective investors in PNB.

“PNB used to be a very profitable bank, it still owns a large remittance franchise and has a lot of goodwill in the country. The non-performing loan [NPL] problems that the bank is facing cannot be resolved without the government bearing the responsibility of mismanaging the loan portfolio by taking over at least some of the NPLs and amending the legislation to expedite foreclosures and liquidations,” he says.

[wAgKaNgMaKuLiT]

i'm still reading... i'm still reading!!!

.

:D :D :D

[Kidd]

am reading... :)

[batang uliran]

P140 floor price for the PNB shares (even if it gives you the majority stake) is totally ridiculous.

I wouldn't touch any share(s) of PNB at the current market price. It's just a terrible bank that's probably worth P35 per share since you would have to put in at least P10B to recapitalize the bank.

God bless Loida Lewis if sh'es willing to shell out good money for PNB to help out the homeland. God help the homeland if Lucio Tan continues to control the bank.

[Henry13]

I'm still here, o enlightened one.. I need a broker... someone like.. like Master Dailo!

[DAILO]

WELCOME KIDD... Thanks for taking the time to read this thread...

[DAILO]

NASDAQ 6/14

*CSCO 62.750 +0.625 Vol: 12,226,900
*CMGI 55.250 -1.250 Vol: 2,469,200
*AOL 51.750 -1.000 Vol: 4,800,400
*WCOM 43.750 +0.188 Vol: 7,898,800

[DAILO]

THANK YOU EVERYONE...

thanks for taking the time to read my posts in this thread... please feel free to post all your comments, questions, suggestions regarding financial matters. Lets keep it up! :D :D :D

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

CPV CEBU Property Ventures and Dev Corp 0.950 0.650 0.650 0.650 -31.5789% 58,499.9961

PSB Philippine Saving Bank 35 28.50 28.50 28.50 -18.5714% 14,250.0000

DIZ Dizon Copper Silver Mines Inc 7 6 6 6 -14.2857% 12,000.0000

LAND City & Land Developers Inc 3.400 3 3 3 -11.7647% 3,000.0000

ELI Empire East Land Holdings Inc 0.360 0.330 0.360 0.330 -8.3333% 2,611,500.0000

CYBR Cyber Bay Corporation 0.650 0.600 0.600 0.600 -7.6923% 66,000.0000

OPM Oriental Petroleum and Minerals Corp 0.0070 0.0065 0.0075 0.0065 -7.1429% 629,500.0000

DGTL Digital Telecoms Phils Inc 0.830 0.780 0.820 0.760 -6.0241% 2,045,600.0000

CMT Southeast Asia Cement Holdings 0.350 0.330 0.350 0.330 -5.7143% 79,400.0078

AR Abra Mining and Industrial Corp 0.0095 0.0090 0.0090 0.0090 -5.2632% 864,000.0000

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

AT Atlas Consolidated Mining and Develop 2.020 2.900 2.900 2.900 43.5644% 2,900.0000

BHI Boulevard Properties Holdings Inc 0.1900 0.2700 0.2700 0.2400 42.1053% 452,900.0000

MAR Metro Alliance Holdings & Equities Corp 1 1.320 1.320 1.100 32.0000% 479,600.0000

MARB Metro Alliance Holdings & Equities Corp 1 1.320 1.320 1.320 32.0000% 66,000.0000

WPIW Waterfront Philippines Inc 0.1700 0.2200 0.2300 0.1800 29.4118% 149,000.0000

IRCB Interport Resources Corp 0.0060 0.0075 0.0075 0.0070 25.0000% 80,000.0000

KPP Kuok Phil Properties Inc 0.220 0.270 0.270 0.230 22.7273% 15,800.0010

GEI Global Equities Inc 0.6400 0.7600 0.7800 0.6600 18.7500% 76,958,240.0000

PTT Philippine Telegraph and Tel Corp 0.57 0.66 0.80 0.60 15.7895% 1,700,300.0000

PEP Premiere Entertainment Productions Inc 0.420 0.480 0.480 0.460 14.2857% 353,500.0000

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

OM Omico Corporation 0.0100 0.0095 0.0100 0.0095 -5.0000% 7,601,408.0000

OMW Omico Corporation 0.0042 0.0042 0.0048 0.0042 0.0000% 2,007,875.2500

WEB PhilWeb.Com, Inc. 0.1650 0.1700 0.1750 0.1650 3.0303% 20,811,450.0000

GEI Global Equities Inc 0.6400 0.7600 0.7800 0.6600 18.7500% 77,254,336.0000

AR Abra Mining and Industrial Corp 0.0095 0.0090 0.0090 0.0090 -5.2632% 864,000.0000

IRC Interport Resources Corp 0.0075 0.0075 0.0075 0.0070 0.0000% 660,000.0000

OPM Oriental Petroleum and Minerals Corp 0.0070 0.0065 0.0075 0.0065 -7.1429% 629,500.0000

MA Manila Mining Corp 0.0075 0.0075 0.0075 0.0075 0.0000% 360,000.0000

APM Alcorn Gold Resources Corp. 0.0095 0.0100 0.0100 0.0095 5.2632% 409,000.0000

BW BW Resource Corporation 6.200 6.400 6.700 6.300 3.2258% 236,558,000.0000

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

OMW Omico Corporation 0.0042 0.0060 0.0065 0.0036 42.8572% 0.0000

WPIW Waterfront Philippines Inc 0.2200 0.3000 0.3300 0.2500 36.3636%
639,100.0000

EPHI Edsa Properties Holdings Inc 1.500 2 2 2 33.3333% 4,000.0000

OM Omico Corporation 0.0095 0.0110 0.0110 0.0100 15.7895% 12,497,000.0000

CHI Cebu Holdings Inc 0.610 0.700 0.700 0.700 14.7541% 7,000.0000

MA Manila Mining Corp 0.0075 0.0085 0.0085 0.0085 13.3333% 501,500.0000

MAB Manila Mining Corp 0.0075 0.0085 0.0085 0.0085 13.3333% 680,000.0000

MAC Macroasia Corporation 4.100 4.600 4.600 4.200 12.1951% 22,704,240.0000

CHTR Chinatrust (Philippines) Commercial Bank 7.70 8.40 8.40 8 9.0909% 528,600.0000

WPI Waterfront Philippines Inc 0.680 0.740 0.770 0.680 8.8235% 11,564,000.0000

[gumacanian]

Please excuse my ignorance in this matter,
but can any body advise me whether my P.N.B
savings are safe or should I withdraw and go elsewhere? :confused:

[This message has been edited by gumacanian (edited 06-15-2000).]

[DAILO]

NASDAQ 6/15

*CSCO 65.188 +0.188 Vol: 32,803,000
*CMGI 55.938 -0.688 Vol: 6,441,900
*AOL 52.625 +1.000 Vol: 15,588,500
*WCOM 40.813 -2.875 Vol: 23,710,300

[DAILO]

VIVENDI IN TALKS TO ACQUIRE SEAGRAM FOR $37 BILLION

Vivendi is in talks Wednesday with Seagram regarding a possible takeover
that
could value the Canadian entertainment and drinks firm at around $37
billion.


.... http://CNN.com/cnnfn/2000/06/14/worldbiz/vivendi_seagram/

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

GEI Global Equities Inc 0.7600 0.6700 0.7700 0.6600 -11.8421% 7,240,100.0000

EBE Ebecom Holdings Inc 0.1700 0.1500 0.1500 0.1500 -11.7647% 1,500.0000

BRN A. Brown Company Inc. 0.450 0.400 0.400 0.400 -11.1111% 4,000.0000

MON Mondragon International Philippines Co 0.960 0.860 1 0.860 -10.4167% 7,441,300.0000

PTT Philippine Telegraph and Tel Corp 0.66 0.60 0.74 0.57 -9.0909% 351,700.0000

CEI Crown Equities Inc 0.540 0.500 0.600 0.500 -7.4074% 1,500,400.0000

AHI Armstrong Holdings Inc 1.580 1.480 1.500 1.480 -6.3291% 3,488,800.0000

PNB Philippine National Bank 67 63 67 63 -5.9701% 1,356,050.0000

AR Abra Mining and Industrial Corp 0.0090 0.0085 0.0090 0.0085 -5.5555% 196,500.0000

MCB Marsteel Cons Inc 0.0180 0.0170 0.0170 0.0170 -5.5555% 51,000.0000

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

OMW Omico Corporation 0.0042 0.0060 0.0065 0.0036 42.8572% 0.0000

OM Omico Corporation 0.0095 0.0110 0.0110 0.0100 15.7895% 12,497,000.0000

MAB Manila Mining Corp 0.0075 0.0085 0.0085 0.0085 13.3333% 680,000.0000

WEB PhilWeb.Com, Inc. 0.1700 0.1650 0.1700 0.1600 -2.9412% 9,799,950.0000

MA Manila Mining Corp 0.0075 0.0085 0.0085 0.0085 13.3333% 501,500.0000

OPM Oriental Petroleum and Minerals Corp 0.0065 0.0065 0.0065 0.0065 0.0000% 318,500.0000

APM Alcorn Gold Resources Corp. 0.0100 0.0100 0.0100 0.0100 0.0000% 330,000.0000

RPC Reynolds Philippines Corporation 0.920 0.900 1.100 0.890 -2.1739% 28,009,000.0000

WGA William Gothong and Aboitiz Inc 1.760 1.800 1.800 1.800 2.2727% 45,000,000.0000

AR Abra Mining and Industrial Corp 0.0090 0.0085 0.0090 0.0085 -5.5555% 196,500.0000

[JDELEON]

Friendly advice: BAIL FROM PNB.
find a more professionally run institution. (MB, BPI, UCPB)

May Angels smile upon you,
Joe

[batang uliran]

The only local institution I would trust with my money right now is BPI.

[DAILO]

Originally posted by gumacanian:
Please excuse my ignorance in this matter,
but can any body advise me whether my P.N.B
savings are safe or should I withdraw and go elsewhere? :confused:

[This message has been edited by gumacanian (edited 06-15-2000).]

It's relatively safe, however I did move the funds I had there to other banks such as BPI, EquitablePCI, and Citibank.

[DAILO]

GOOD MORNING EVERYBODY! Happy Trading :)

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

MC Marsteel Cons Inc 0.0180 0.0200 0.0200 0.0160 11.1111% 7,200.0005

KPP Kuok Phil Properties Inc 0.270 0.300 0.300 0.300 11.1111% 21,000.0020

PX Philex Mining Corp 0.270 0.300 0.300 0.300 11.1111% 9,000.0000

FER Leisure & Resorts World Corporation 1.500 1.660 1.680 1.580 10.6667% 25,813,000.0000

BW BW Resource Corporation 6.200 6.800 6.800 6.300 9.6774% 168,552,320.0000

GEI Global Equities Inc 0.6700 0.7300 0.7600 0.6400 8.9552% 20,964,100.0000

ICT International Container Term Serv 1.400 1.500 1.520 1.400 7.1429% 3,297,820.0000

MON Mondragon International Philippines Co 0.860 0.920 0.920 0.860 6.9767% 1,416,800.0000

AHI Armstrong Holdings Inc 1.480 1.580 1.580 1.480 6.7568% 5,778,200.0000

EBE Ebecom Holdings Inc 0.1500 0.1600 0.1800 0.1600 6.6667% 88,600.0000

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

OMW Omico Corporation 0.0060 0.0055 0.0070 0.0050 -8.3333% 17,990,500.0000

OM Omico Corporation 0.0110 0.0100 0.0120 0.0100 -9.0909% 16,616,100.0000

OPM Oriental Petroleum and Minerals Corp 0.0065 0.0065 0.0065 0.0065 0.0000% 1,319,500.0000

AR Abra Mining and Industrial Corp 0.0085 0.0085 0.0085 0.0085 0.0000% 1,581,000.1250

APM Alcorn Gold Resources Corp. 0.0100 0.0100 0.0100 0.0100 0.0000% 770,000.0000

WEB PhilWeb.Com, Inc. 0.1650 0.1700 0.1700 0.1650 3.0303% 7,724,200.0000

APXB Apex Mining Co Inc 0.0095 0.0095 0.0095 0.0095 0.0000% 351,500.0000

RPC Reynolds Philippines Corporation 0.900 0.920 0.920 0.890 2.2222% 32,746,400.0000

MA Manila Mining Corp 0.0085 0.0080 0.0080 0.0080 -5.8824% 248,000.0000

IS Island Mining & Industrial Corporation 0.0750 0.0725 0.0750 0.0725 -3.3333% 2,209,250.0000

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

FJP F and J Prince Holdings Ltd 1.6000 1.3000 1.3000 1.3000 -18.7500% 45,500.0000

WPIW Waterfront Philippines Inc 0.3000 0.2700 0.3200 0.2500 -10.0000% 149,500.0156

OM Omico Corporation 0.0110 0.0100 0.0120 0.0100 -9.0909% 16,616,100.0000

OMW Omico Corporation 0.0060 0.0055 0.0070 0.0050 -8.3333% 17,990,500.0000

PTT Philippine Telegraph and Tel Corp 0.60 0.55 0.55 0.55 -8.3333% 60,500.0000

DMC DMCI Holdings Inc 0.650 0.600 0.600 0.600 -7.6923% 186,000.0156

ATN ATN Holdings Inc 3.500 3.250 3.250 3.250 -7.1429% 48,750.0000

OPMB Oriental Petroleum and Minerals Corp 0.0070 0.0065 0.0065 0.0065 -7.1429% 65,000.0000

UP Universal Rightfield Property Hldg 0.150 0.140 0.140 0.140 -6.6667% 7,000.0000

APC APC Group Inc 0.5000 0.4700 0.4700 0.4700 -6.0000% 37,600.0000

[DAILO]

GOOD MORNING EVERYBODY! Happy Trading :)

[DAILO]

Quamnet.com listing quilled

Hong Kong financial information portal Quamnet.com announced that it has put off its IPO on Hong Kong’s Growth Market (GEM). Bloomberg reports that the planned $56 million issue was deferred due to weak investor demand.

The delay follows news of another Hong Kong internet listing casualty, last week’s announcement that ColbyNet was deferring its listing on the Stock Exchange of Hong Kong.

The whole market globally for internet issues is stalled. It’s not a Hong Kong-specific problem. But strong stories, like Sina.com and Rediff.com, continue to get done and to trade up well. I think there is still a market in Hong Kong for internet companies with very strong stories... there will be much more selectivity and effort at differentiation in the market. But that’s a good thing. :D :D :D

[DAILO]

AsiaCommerce plans to raise $20 million

Business-to-business (B2B) e-commerce investor, AsiaCommerce, says it plans to raise “more than $20 million” next month from investors in a new funding round. On June 14, the Hong Kong firm announced that it had injected S$8.5 million ($4.9 million) into Asiaship.com, a Singapore-based B2B portal, which provides shippers competitive quotes on shipping freight rates.

In January AsiaCommerce raised around $24 million from its first round of financing in which venture capital firm H&Q Asia Pacific Ventures Management also participated.

Emile Lee, a spokesperson for AsiaCommerce, says the company may hold its public offering in the first quarter of next year, depending on market conditions and could list on Nasdaq, Singapore or/and Hong Kong’s Growth Enterprise Market.

Lee says the group wants to expand and invest in e-commerce enablers in other parts of Asia besides Singapore, where it has made most of its investments since it began operations earlier this year.

AsiaCommerce is now negotiating an investment in a B2B portal involved in airfreight logistics.

Lee says AsiaCommerce’s strategy is to create a “comprehensive horizontal end-to-end logistics fulfilment capability for vertical marketplaces in Asia.”

[DAILO]

Acer sets up $260 million venture fund

Taiwan computer company Acer Group, together with investors that include Government of Singapore Investment Corporation’s (GSIC) Special Investments and units of Nomura Securities and The Chase Manhattan Bank, has set up a $260 million venture capital fund to invest in internet-related start-ups. The Cayman Island-registered IP Fund One will be managed by Acer Technology Ventures (ATV) a unit of the Acer Group. The Cayman Island-registered fund will invest in internet-related software, hardware and service companies in the US, Canada, Taiwan, Hong Kong, India and Southeast Asia.

ATV had previously set up a $40 million venture fund and is still in the process of investing that fund. A spokesperson for the IP Fund One says it hopes to invest the money in two to three years. The returns are expected to be two to three times the amount invested.

The Acer Group, including chairman Stan Shih, contributed 40 percent of the money, making it the biggest investor in the company. GSIC made the second biggest investment. Other investors in the fund are China Development Bank, ABN Amro Capital Investments Asia, DBS Nominees, Citigroup Inc and the investment arm of the Taiwan’s KMT.

[DAILO]

Acer sets up $260 million venture fund

Taiwan computer company Acer Group, together with investors that include Government of Singapore Investment Corporation’s (GSIC) Special Investments and units of Nomura Securities and The Chase Manhattan Bank, has set up a $260 million venture capital fund to invest in internet-related start-ups. The Cayman Island-registered IP Fund One will be managed by Acer Technology Ventures (ATV) a unit of the Acer Group. The Cayman Island-registered fund will invest in internet-related software, hardware and service companies in the US, Canada, Taiwan, Hong Kong, India and Southeast Asia.

ATV had previously set up a $40 million venture fund and is still in the process of investing that fund. A spokesperson for the IP Fund One says it hopes to invest the money in two to three years. The returns are expected to be two to three times the amount invested.

The Acer Group, including chairman Stan Shih, contributed 40 percent of the money, making it the biggest investor in the company. GSIC made the second biggest investment. Other investors in the fund are China Development Bank, ABN Amro Capital Investments Asia, DBS Nominees, Citigroup Inc and the investment arm of the Taiwan’s KMT.

[DAILO]

Sohu.com to launch IPO within two weeks

A source close to the company says China portal Sohu.com will launch its $70 million Nasdaq IPO during the next two weeks. The positive response received by Indian portal Rediff.com’s $55 million IPO and Sina.com’s IPO two months ago has convinced Sohu the timing is right. Market opinion that US interest rates will not rise – ensuring calmer capital markets – is also a factor affecting timing. Rediff has so far doubled its share price since listing this week, while Sina’s American depository receipt (ADR) currently trades at the $33 level, representing a rise of 84 percent over its IPO price. Credit Suisse First Boston is sole bookrunner for the deal.

Netease starts roadshow next week

Similar in size, similar in shape, fellow China portal Netease, will start its road show next week, according to a source close to the deal. The $70 million slated Nasdaq ADR is to be priced on June 29 after presentations to international institutional investors. Merrill Lynch is sole bookrunner for the deal.

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

APX Apex Mining Co Inc 0.0095 0.0120 0.0130 0.0095 26.3158% 5,302,000.0000

APXB Apex Mining Co Inc 0.0095 0.0120 0.0130 0.0095 26.3158% 1,990,046.2500

PHES Philippine Estates Corporation 0.530 0.650 0.650 0.550 22.6415% 23,000.0000

GEI Global Equities Inc 0.7300 0.8100 0.8300 0.7500 10.9589% 31,552,300.0000

PTT Philippine Telegraph and Tel Corp 0.55 0.60 0.60 0.60 9.0909% 12,000.0000

OPMB Oriental Petroleum and Minerals Corp 0.0065 0.0070 0.0070 0.0065 7.6923% 0.0000

CHTR Chinatrust (Philippines) Commercial Bank 8.40 9 9 8.50 7.1429% 898,800.0000

AR Abra Mining and Industrial Corp 0.0085 0.0090 0.0090 0.0085 5.8823% 643,000.0000

LIB Liberty Telecoms Holdings Inc 0.390 0.410 0.410 0.380 5.1282% 1,685,800.0000

FER Leisure & Resorts World Corporation 1.660 1.740 1.820 1.680 4.8193% 26,196,530.0000

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

ECP Easycall Communications Phil Inc 1.80 1.10 1.10 1.10 -38.8889% 8,800.0000

PX Philex Mining Corp 0.300 0.260 0.260 0.260 -13.3333% 10,400.0000

BHI Boulevard Properties Holdings Inc 0.2900 0.2600 0.2900 0.2600 -10.3448% 55,000.0000

PA Pacific Inc 0.0200 0.0180 0.0180 0.0180 -10.0000% 90,000.0000

OMW Omico Corporation 0.0055 0.0050 0.0055 0.0046 -9.0909% 4,658,100.0000

PCP PICOP Resources Inc 0.240 0.220 0.230 0.220 -8.3333% 93,400.0000

JFCW Jollibee Foods Corporation 12.750 11.750 11.750 11.750 -7.8431% 117,500.0000

MAC Macroasia Corporation 4.650 4.300 4.650 4.300 -7.5269% 8,123,250.0000

ICT International Container Term Serv 1.500 1.400 1.440 1.400 -6.6667% 880,800.0625

AIR Air Philippines International Corp. 0.3300 0.3100 0.3100 0.3100 -6.0606% 3,100.0000

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

AC Ayala Corporation 7.90 8 8 7.90 1.2658% 62,926,000.0000

FLI Filinvest Land Inc 1.920 1.920 1.980 1.880 0.0000% 44,251,980.0000

BPI Bank of The Philippine Islands 80.5 80.5 81 80.5 0.0000% 42,846,952.0000

GEI Global Equities Inc 0.7300 0.8100 0.8300 0.7500 10.9589% 31,552,300.0000

FER Leisure & Resorts World Corporation 1.660 1.740 1.820 1.680 4.8193% 26,196,530.0000

PCOR Petron Corporation 1.48 1.54 1.54 1.48 4.0540% 24,477,680.0000

RPC Reynolds Philippines Corporation 0.920 0.930 0.930 0.900 1.0870% 21,719,400.0000

LTDI La Tondena Distillers Inc 32 32 32 31 0.0000% 21,597,000.0000

SLC Sun Life Financial Services of Canada, I 640 640 645 640 0.0000% 18,548,900.0000

MEG Megaworld Properties Holdings Inc 1.240 1.240 1.280 1.220 0.0000% 16,946,600.0000

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

ECP Easycall Communications Phil Inc 1.80 1.10 1.10 1.10 -38.8889% 8,800.0000

PX Philex Mining Corp 0.300 0.260 0.260 0.260 -13.3333% 10,400.0000

BHI Boulevard Properties Holdings Inc 0.2900 0.2600 0.2900 0.2600 -10.3448% 55,000.0000

PA Pacific Inc 0.0200 0.0180 0.0180 0.0180 -10.0000% 90,000.0000

OMW Omico Corporation 0.0055 0.0050 0.0055 0.0046 -9.0909% 4,658,100.0000

PCP PICOP Resources Inc 0.240 0.220 0.230 0.220 -8.3333% 93,400.0000

JFCW Jollibee Foods Corporation 12.750 11.750 11.750 11.750 -7.8431% 117,500.0000

MAC Macroasia Corporation 4.650 4.300 4.650 4.300 -7.5269% 8,123,250.0000

ICT International Container Term Serv 1.500 1.400 1.440 1.400 -6.6667% 880,800.0625

AIR Air Philippines International Corp. 0.3300 0.3100 0.3100 0.3100 -6.0606% 3,100.0000

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

APX Apex Mining Co Inc 0.0095 0.0120 0.0130 0.0095 26.3158% 5,302,000.0000

APXB Apex Mining Co Inc 0.0095 0.0120 0.0130 0.0095 26.3158% 1,990,046.2500

PHES Philippine Estates Corporation 0.530 0.650 0.650 0.550 22.6415% 23,000.0000

GEI Global Equities Inc 0.7300 0.8100 0.8300 0.7500 10.9589% 31,552,300.0000

PTT Philippine Telegraph and Tel Corp 0.55 0.60 0.60 0.60 9.0909% 12,000.0000

OPMB Oriental Petroleum and Minerals Corp 0.0065 0.0070 0.0070 0.0065 7.6923% 0.0000

CHTR Chinatrust (Philippines) Commercial Bank 8.40 9 9 8.50 7.1429% 898,800.0000

AR Abra Mining and Industrial Corp 0.0085 0.0090 0.0090 0.0085 5.8823% 643,000.0000

LIB Liberty Telecoms Holdings Inc 0.390 0.410 0.410 0.380 5.1282% 1,685,800.0000

FER Leisure & Resorts World Corporation 1.660 1.740 1.820 1.680 4.8193% 26,196,530.0000

[DAILO]

GOOD MORNING PEEPS!

Happy Trading today!

[DAILO]

CURRENCY SUMMARY

Php 42.66 $ 1 10:13 AM GMT

Php 40.38 Yen 100 2:13 AM GMT

Php 44.54 Euro 1 10:13 AM GMT

[DAILO]

Stock market beginner's guide

Before investing in the stock market, set your short-term and long-term goals. Specify your objectives to have a clearer evaluation of your status. Investing in the stock market is all about sacrifice, commitment, discipline and patience. Everybody is aware of the risks of investing; the key is to remain focused and objective in your approach.

Understand the language

Know the terms, what is their literal definition, what do they mean to you. Terms like preferred stocks, common stocks, initial public offering, market value, etc.

(to be continued)

[DAILO]

Stock market beginner's guide PART 2


REWARD VS. RISK

Investing on your own

Investing on your own has the potential for greater growth and profit; your money is readily available; and you have greater control of your assets (as opposed to investing them in mutual funds).

Risk is an integral part of investing. You risk losing some or all of your money; you may even incur additional losses. If the rate of return on your investment is less than the inflation rate, you receive low value for your investment or savings account.

The positive side is that in the long run an investor can profit by about 10 to 12%.

Investing as part of a group

An insurance company may invest your funds in various safe investments like high quality stocks. As part of a company's pension plan, the company may invest them in stocks, bonds and the like.

Mutual funds -- a collection of stocks and bonds, but this may contain other types of securities like mortgages, cash accounts and the like. A mutual fund can also be defined as a portfolio of carefully selected stocks, a diversified investment option, professional management and opportunity to invest with minimal cash.

(to be continued)



[This message has been edited by DAILO (edited 06-20-2000).]

[DAILO]

Stock market beginner's guide - PART 3

SOME FACTORS THAT AFFECT THE STOCK MARKET


Rising interest rates -- cost of borrowing increases
Increasing inflation rate -- purchasing power of consumers decrease dramatically.
Exchange rate fluctuations -- forces investors to hold on to their funds because of the uncertainty involved.
Political Unrest -- makes investors, specifically foreign, become more cautious.
International disputes -- have repercussions that are not favorable for investing.
High Unemployment Rate -- result in higher crime rate.
Gross Domestic Product/Gross National Product figures -- when high, means the economy is improving.

RESEARCHING STOCKS

Before purchasing stocks, know and understand the company, its products, its services and its management. Read finance magazines, the business section of your daily newspaper; watch television; surf the Internet.

The selection process

Know what kind of investor you are. If you are a conservative investor, invest in mature and large companies for a safe return on your investment. If you are not that conservative and not necessarily impetuous, go to the medium caps. If you are adventurous, you can go for the small caps.

Make a list of the companies you understand. Study their reports, prospectus, websites, financial analyses.

(to be continued)


[This message has been edited by DAILO (edited 06-20-2000).]

[DAILO]

Stock market beginner's guide - PART 4

FINANCIAL ANALYSIS

These are some of the basic tools you can use to analyze the financial status of a company:

EPS (Earnings per share) -- what is left from gross revenues after taxes, bad debts and other expenses have been subtracted. The formula for EPS is net income divided by number of common stocks outstanding. The higher the earnings per share the better it is for the investor.

ROE (Return on Stockholder's Equity) -- presents what the company has done with the money the stockholders invested. The formula for the ROE is net income divided by total stockholder's equity. The higher the ROE the better it is for the stockholder. One must also compare your stock ROE to the industry average ROE to see how the stock is performing.

P/E (Price earnings) ratio -- shows the relationship between the stocks current price and its reported annual earnings. The P/E ratio indicates how much you need to pay to buy those earnings per share. The formula for computing the price earnings ratio is the market price of the share divided by the earnings per share. The lower the price earnings ratio, the more favorable it is for the investor.

Sales and earnings history -- Invest in a company that continuously experiences increases in sales and earnings. Track your stock's performance for at least 5 years to be able to analyze a trend. Note if the growth rate of earnings is greater than that of sales. This means that the company is more efficient and prudent in handling its expenses.

Beta -- measures how volatile a stock's price is relative to the stock market as a whole. A beta of 1 means the stock moves up and down at market pace. A beta of greater than 1 means it is faster and wider than the market. A beta of less than 1 suggests that the stock movement is fairly small and slower than the market as a whole. It is wise to avoid stocks with betas above 1 because they are volatile and capricious.

Company size -- is measured through market capitalization. The formula for market cap is market price of a share multiplied by number of common stocks outstanding. Large caps provide steady gains and less risk. Mid caps have moderate gains and moderate risk. Small-caps may furnish greater gains but also present the greatest risk.

Relative industry strength -- you can determine the standing of your stocks depending on the indicator or ratio that you use and rank them as EPS,P/E ratio, ROE etc.

There are other measures an investor can use to evaluate a particular stock: current ratio, quick ratio, leverage ratios, activity ratios, profitability ratios and growth ratios.

DIVERSIFYING THE PORTFOLIO

The advantage of diversification is that the risk on your total investments decreases. When one industry is plunging in terms of value another may be experiencing abundant gains. This cancels out the negative effect and protects the investor from experiencing extreme losses in his investments. It is advisable for an investor to diversify his/her investments: "Don't put all your eggs in one basket," so to speak.

[DAILO]

STOCK QUOTE

FLI -- 1.9, DMC -- 0.6, ALI -- 5.9, V -- 2.1, WEB -- 0.165, IMP -- 0.037

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

TEL Philippine Long Distance Tel Co 790 795 795 790 0.6329% 91,371,248.0000

MBT Metropolitan Bank and Trust Co 205 210 210 205 2.4390% 60,771,612.0000

SMC San Miguel Corp 52 52 52 51.50 0.0000% 54,526,000.0000

SLC Sun Life Financial Services of Canada, I 640 665 670 660 3.9063% 40,150,000.0000

SMPH SM Prime Holdings Ltd 5.400 5.400 5.500 5.400 0.0000% 39,039,796.0000

GEI Global Equities Inc 0.8100 0.8300 0.8500 0.8200 2.4691% 29,419,804.0000

MEG Megaworld Properties Holdings Inc 1.240 1.240 1.260 1.220 0.0000% 24,787,460.0000

SMCB San Miguel Corp 53 53 53 52 0.0000% 19,343,950.0000

BEL Belle Corporation 1.040 1.040 1.040 1.020 0.0000% 17,686,260.0000

LTDI La Tondena Distillers Inc 32 32 32 31 0.0000% 14,277,653.0000

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

MRC MRC Allied Industries Inc 0.500 0.630 0.630 0.500 26.0000% 2,628,800.0000

PLTL Pilipino Telephone Corporation 0.9300 1.0200 1.1200 0.9800 9.6774% 9,911,900.0000

ASIA Asiatrust Development Bank Inc 9 9.80 9.80 7.50 8.8889% 17,300.0000

BHI Boulevard Properties Holdings Inc 0.2600 0.2800 0.2800 0.2600 7.6923% 204,600.0000

REG Republic Glass Holdings Corp 0.560 0.600 0.600 0.560 7.1429% 197,600.0000

EBE Ebecom Holdings Inc 0.1600 0.1700 0.1700 0.1700 6.2500% 34,000.0000

SLC Sun Life Financial Services of Canada, I 640 665 670 660 3.9063% 40,150,000.0000

ISM Itogon Suyoc Mines Inc 0.0260 0.0270 0.0270 0.0250 3.8462% 49,651.9297

PSB Philippine Saving Bank 29 30 30 30 3.4483% 300,000.0000

DMC DMCI Holdings Inc 0.590 0.610 0.620 0.600 3.3898% 785,500.0000

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

AT Atlas Consolidated Mining and Develop 2.900 2.100 2.100 2.100 -27.5862% 21,000.0000

ACR Alsons Consolidated Resources Inc 0.550 0.400 0.400 0.400 -27.2727% 12,000.0000

PEP Premiere Entertainment Productions Inc 0.480 0.360 0.360 0.360 -25.0000% 10,800.0000

ANS A Soriano Corporation 0.450 0.380 0.380 0.370 -15.5556% 18,700.0000

ARA Araneta Properties Inc 0.810 0.700 0.700 0.700 -13.5802% 84,058.3281

SINO Sinophil Corporation 0.1700 0.1500 0.1600 0.1500 -11.7647% 222,377.6563

MAR Metro Alliance Holdings & Equities Corp 1.400 1.280 1.280 1 -8.5714% 21,520.0000

APX Apex Mining Co Inc 0.0120 0.0110 0.0120 0.0110 -8.3333% 1,440,126.1250

PTT Philippine Telegraph and Tel Corp 0.60 0.55 0.55 0.50 -8.3333% 112,500.0000

UPM United Paragon Mining Corp 0.2600 0.2400 0.2400 0.2400 -7.6923% 88.8000

[DAILO]

CURRENCY SUMMARY

Php 42.67 $ 1 13:16 AM GMT

Php 40.42 Yen 100 5:34 AM GMT

Php 44.54 Euro 1 13:35 AM GMT

[DAILO]

RP peso down early amid weaker regional FXs

The Philippine peso (PHP) was slightly weak against the U.S. dollar in thin trade early Tuesday amid softer regional currencies led by the Singapore dollar.

The peso's losses are seen capped at PHP42.750 due to frail corporate demand for the greenback. At 0140 GMT, the U.S. dollar/peso averaged PHP42.660 against Monday's PHP42.655 close.

The pair traded within a packed 1.5-centavo band at between PHP42.650-PHP42.665 amid a slim volume of U.S. $15.5 million.

"The peso should be weaker with the weaker regional currencies led by the Singaporean dollar. So the market may try breaching the PHP42.700 resistance today."

The dollar/peso touched the PHP42.700 resistance Monday but failed to break the barrier amid a lack of corporate dollar demand.

The Singapore dollar weakened to 1.7336 in early Asian trade against the 1.7267, 1.7284 quotes late Monday.

The Thai baht is seen firm early against the dollar at 39.15-39.17 from 39.18 late Monday but dealers said the baht may soon track the Singapore dollar's weakness.

"That's why trading in the dollar/peso was guarded in anticipation of a weakening in the baht. So banks are keeping a long dollar position. They are immediately replenishing any dollar sales."

The peso is usually compared with the baht due to similarities in the export markets of the Philippines and Thailand.

[DAILO]

Originally posted by DAILO:

Any tips out there regarding the market?

Any investment advice originating from this thread are purely my opinion. If you make an investment decision based on the information from this forum, you do so at your own risk. I will not be liable for any losses you may sustain in the investment marketplace.

Should you become an instant millionaire, I will not demand a percentage of your profits. However, I won't mind if you share your experience here in this thread as a testimonial of my HOT TIPS: Greed is Good. :D :D :D

All KuLiT and I request is that you take us for coffee, lunch, or even dinner :) (i cant forget my sidekick) :) :) :)

GOOD LUCK IN ALL YOUR TRADES!

*Readers are strongly advised to contact their professional advisor before entering into any contract to buy or sell any security.


[This message has been edited by DAILO (edited 06-22-2000).]

[DAILO]

Why is everyone so quiet? I would really like some sort of feedback. Give me a loud smile if you read this thread. It 's getting lonely in here.

ie: :D :D :D

[gem]

whats the rate of inflation now?

[gem]

whats the rate of inflation now?

[batang uliran]

Still reading. Continue to appreciate all the work you are doing! Just one suggestion (and I don't know what KD feels about this) - perhaps you can start a new thread every week so that people aren't intimidated to enter a thread with well over a hundred replies. Something like HOT TIPS - Greed is Good (June 19-23). Well, just a suggestion. This way, I think it would be more manageable.

:D

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

IRCB Interport Resources Corp 0.0075 0.0090 0.0090 0.0080 20.0000% 25,000.0000

ANS A Soriano Corporation 0.380 0.450 0.450 0.430 18.4211% 175,300.0000

FEU Far Eastern University Inc 550 650 650 650 18.1818% 6,500.0000

MCB Marsteel Cons Inc 0.0170 0.0200 0.0200 0.0200 17.6470% 33,333.3359

IRC Interport Resources Corp 0.0075 0.0085 0.0100 0.0080 13.3333% 1,728,500.0000

LAND City & Land Developers Inc 3 3.400 3.400 3.400 13.3333% 6,800.0000

CMT Southeast Asia Cement Holdings 0.320 0.360 0.360 0.310 12.5000% 6,720,200.0000

MHC Mabuhay Holdings Corp 0.450 0.500 0.520 0.450 11.1111% 164,000.0000

UP Universal Rightfield Property Hldg 0.140 0.150 0.150 0.150 7.1429% 276,088.0625

PNC Philippine National Construct Corp 8.50 9 9 8.50 5.8824% 114,000.0000

[KuyaDanny]

I read this thread. :D

I agree with BU's suggestion. I'm just waiting for DAILO's reply to my email to work out how we can effectively "break up" this valuable thread without losing any of its value.

(Hmmm...I am sounding like the Justice Department)

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

MEG Megaworld Properties Holdings Inc 1.240 1.240 1.240 1.220 0.0000% 49,362,880.0000

SMPH SM Prime Holdings Ltd 5.400 5.500 5.500 5.400 1.8519% 41,505,200.0000

SMCB San Miguel Corp 53 53 53 52 0.0000% 37,361,052.0000

SLC Sun Life Financial Services of Canada, I 665 670 675 670 0.7519% 31,749,750.0000

RPC Reynolds Philippines Corporation 0.890 0.890 0.890 0.890 0.0000% 24,679,850.0000

MAC Macroasia Corporation 4.400 4.600 4.650 4.350 4.5455% 23,468,800.0000

FLI Filinvest Land Inc 1.840 1.900 1.920 1.860 3.2609% 13,644,461.0000

V Vantage Equities Inc 2.06000 2.10000 2.14000 2.08000 1.9417% 13,059,060.0000

ALI Ayala Land Inc 5.90 5.90 5.90 5.80 0.0000% 10,661,007.0000

PLTL Pilipino Telephone Corporation 1.0200 1.0200 1.0800 0.9800 0.0000% 7,926,560.0000

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

BAL Balabac Resources And Hldgs 0.6400 0.4800 0.4900 0.4800 -25.0000% 200,200.0000

MAR Metro Alliance Holdings & Equities Corp 1.280 1 1 1 -21.8750% 11,000.0000

EBE Ebecom Holdings Inc 0.1700 0.1500 0.1700 0.1400 -11.7647% 136,500.0000

MC Marsteel Cons Inc 0.0200 0.0180 0.0190 0.0180 -10.0000% 111,000.0000

UPM United Paragon Mining Corp 0.2400 0.2200 0.2200 0.2200 -8.3333% 4.4000

APXB Apex Mining Co Inc 0.0120 0.0110 0.0110 0.0110 -8.3333% 451,000.0000

CMP C and P Homes 0.250 0.230 0.250 0.230 -8.0000% 314,250.0000

OV Philodrill Corporation 0.3800 0.3500 0.3500 0.3500 -7.8947% 56,000.0000

BHI Boulevard Properties Holdings Inc 0.2800 0.2600 0.2600 0.2600 -7.1429% 78,000.0000

MON Mondragon International Philippines Co 0.930 0.870 0.930 0.870 -6.4516% 1,683,800.0000

[DAILO]

Malaysia looks to open bond markets

In a move to diversify corporate financing, the Malaysian government will next week announce measures to improve its domestic capital markets. Following similar moves in Singapore over the past few years, Kuala Lumpur may introduce hedging instruments and bond futures, allow companies to arrange multiple bond issues over a two-year period and change investment regulations for pension funds and insurance companies.

This will form part of a 10-year reform strategy and follows approval for foreign-owned companies to sell bonds without seeking authorisation from Bank Negara Malaysia, the central bank.

[DAILO]

Bangkok Mass Transit seeks debt rescheduling

In a less than surprising move, Bangkok Mass Transit System is seeking to reschedule its debt, with $51 million due at the end of June. Creditors include Siam Commercial Bank, Germany’s export-credit guarantee bank, Kreditanstalt fur Wiederaufbau and the International Finance Corporation, the private sector investment arm of the World Bank.

[DAILO]

Philippines looks to yen

Resolving the debate on who is to lead the Philippines’ first yen deal since 1996, Jose Pardo secretary of finance announced that it had chosen Nikko Salomon Smith Barney and Daiwa Securities. Having postponed a sale of euro-currency denominated debt in April, this issue could raise up to $700 million in five- to 10-year yen securities. Indeed, this might mean that the Philippines had fulfilled its need to raise $1.5 billion and thus does not have to tap the euro market after all.

[DAILO]

Korea Telecom buys M.com for $3 billion

Korea Telecom (KT)has bought 49 percent of South Korean mobile phone operator Hansol M.com for W35 trillion ($3 billion), beating LG Telecom of the LG Group, in a move that will enable KT to reduce the lead of market leader SK Telecom.

KT has agreed to pay an average of W37,000 to W40,000 per share for the 14.89 percent stake owned by Hansol Paper, 20.1 percent holding of Bell Canada International and 13.98 percent interest of the American International Group.

About 30 percent of the purchase price is to be paid in cash, 40 percent in stock and the balance in notes, he says. He expects the purchase to be completed by the end of this month.

Predict competition in Korea’s 26 million mobile phone users market to intensify in the coming months as the two other major operators, SK Telecom and LG Telecom, try to protect and expand their respective market shares.

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

OPM Oriental Petroleum and Minerals Corp 0.0065 0.0075 0.0075 0.0070 15.3846% 3,719,675.0000

JDI Jardine Davies Inc 20 23 23 23 15.0000% 11,500.0000

OPMB Oriental Petroleum and Minerals Corp 0.0070 0.0080 0.0080 0.0070 14.2857% 735,000.0000

PEP Premiere Entertainment Productions Inc 0.360 0.410 0.410 0.410 13.8889% 20,500.0000

BRN A. Brown Company Inc. 0.400 0.450 0.500 0.450 12.5000% 37,625.0000

KPHB Keppel Philippines Holdings Inc 0.850 0.950 0.950 0.700 11.7647% 901,000.0000

HI House of Investments Inc 0.810 0.900 0.900 0.900 11.1111% 90,000.0000

SOC South China Resources Inc. 0.5000 0.5500 0.5500 0.5500 10.0000% 27,500.0000

PTT Philippine Telegraph and Tel Corp 0.55 0.60 0.70 0.56 9.0909% 1,672,300.0000

PMT Primetown Property Group 0.450 0.490 0.490 0.490 8.8889% 58,800.0000

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

FH Fil-hispano Hldgs Corp 4 3 3 3 -25.0000% 105,000.0000

ANS A Soriano Corporation 0.450 0.400 0.400 0.400 -11.1111% 8,000.0000

ISM Itogon Suyoc Mines Inc 0.0270 0.0240 0.0240 0.0240 -11.1111% 24,000.0000

CEI Crown Equities Inc 0.560 0.500 0.520 0.500 -10.7143% 87,300.0000

IS Island Mining & Industrial Corporation 0.0700 0.0625 0.0675 0.0625 -10.7143% 1,002,528.8750

APX Apex Mining Co Inc 0.0110 0.0100 0.0100 0.0100 -9.0909% 398,180.2500

APXB Apex Mining Co Inc 0.0110 0.0100 0.0100 0.0100 -9.0909% 229,000.0000

GEI Global Equities Inc 0.8200 0.7500 0.8300 0.7400 -8.5366% 11,111,803.0000

MON Mondragon International Philippines Co 0.870 0.810 0.890 0.810 -6.8966% 2,023,958.7500

BELW Belle Corporation 0.1500 0.1400 0.1500 0.1350 -6.6667% 202,500.0000

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW %Change VALUE

TEL Philippine Long Distance Tel Co 790 790 795 790 0.0000% 122,479,800.0000

FLI Filinvest Land Inc 1.900 1.920 2.040 1.900 1.0526% 45,957,540.0000

SMPH SM Prime Holdings Ltd 5.500 5.500 5.500 5.400 0.0000% 44,584,500.0000

BPI Bank of The Philippine Islands 80 80.5 81 80 0.6250% 44,082,800.0000

AC Ayala Corporation 7.80 7.80 7.90 7.80 0.0000% 41,829,600.0000

RPC Reynolds Philippines Corporation 0.890 0.900 0.930 0.890 1.1236% 37,834,000.0000

SLC Sun Life Financial Services of Canada, I 670 695 700 690 3.7313% 0.0000

BPC Benpres Holdings Corp 4.10 4.10 4.15 4.10 0.0000% 18,786,276.0000

MEG Megaworld Properties Holdings Inc 1.240 1.260 1.260 1.240 1.6129% 16,214,000.0000

MFC Manulife Financial Corporation 785 805 805 800 2.5478% 14,386,800.0000

[KuyaDanny]

Is there anything special about PHILIPPINE SEVEN?

[DAILO]

Hahaha.. did you send me email? It must be in that inbox with several hundred unread messages... i usually just check my work email. My personal email.. i hope i get to sort out soon.... what did you have in mind?

[DAILO]

CURRENCY SUMMARY

Php 42.86 $ 1 10:29 AM GMT

Php 40.71 Yen 100 2:30 AM GMT

Php 45.32 Euro 1 10:30 AM GMT

[DAILO]

Good Morning :) :) :)

Good Luck peeps in your trades today :)

[This message has been edited by DAILO (edited 06-22-2000).]

[DAILO]

This forum is very quiet. Everybody must be doing their research and pencil footing in deciding to invest in the Phisix. Hey guys the Phisix is already expensive. Needs a healthy correction. Earnings are not that good and banks are still restucturing after mergering and a lot of unemployed managers and VPs in the streets right now.

[DAILO]

Originally posted by DAILO:
Originally posted by DAILO:

China Unicom in pursuit of “over $4 billion”
A banker close to the proposed initial public office (IPO) for China Unicom, China’s second largest telecommunications company after China Telecom, says the state-owned enterprise is looking to raise “over $4 billion” from a transaction it claims is imminent. The deal will see Unicom selling around 2.5 billion new shares at between HK$11.5 ($1.48) and HK$14.5 per share and talk is that the deal – following current global road shows – will begin trading in New York and Hong Kong on June 21 and June 22, respectively. Morgan Stanley and its China-based sister China International Capital are the joint-global coordinators on what, successful execution pending, could be the largest first-time share offering by a PRC concern.

Hutchison forges alliance with China Unicom

Hutchison Whampoa, the flagship of Hong Kong tycoon Li Ka-shing, has forged a strategic alliance with China United Telecommunications (China Unicom) that will enable the two companies to cooperate in various telecommunication activities on mainland China. The two companies said on May 31 that their joint venture business in China would be nationwide and would involve telecom-related consultancy and training, including network planning, design, operations, maintenance, marketing, and sales and customer services. Hutchison and China Unicom signed a business cooperation framework agreement covering their partnership.

The two companies also signed an agreement in which Hutchison will acquire $400 million worth of China Unicom shares at its initial public offering next month. China Unicom says it expects to raise around $3.98 billion when it places 2.46 billion shares through a dual listing in Hong Kong and New York.



Unicom’s sale of 2.46 billion shares was priced at between HK$11.50 to HK$14.5 per share last week with the company looking to raise up to $4 billion. However, as a result of a positive response to the road show in the US, Unicom has raised the indicative pricing level to between HK$13.80 and HK$16.00, representing a rise of over 10 percent. This puts the issue at just over $5 billion. Morgan Stanley Dean Witter is managing the sale.

China Unicom stock started trading in New York modestly higher than its offered price, indicating an appetite in the US for troublefree Chinese assests



[This message has been edited by DAILO (edited 06-22-2000).]

[DAILO]

New start-ups provide Thai business info

Two new financial-information service homepages have been launched in Thailand to help investors keep up with local and regional capital markets information.

PointAsia Dot Com, a holding company founded by Loxley a Thailand-based telco and ISP, has launched Thailand’s first one-stop financial information and resource centre, fnWEB.com.

The site offers a one-stop centre for all news, data and information on the equity capital market in Thailand. The information centre includes essential data and information on trading on the Stock Exchange of Thailand, fixed-income activities, and research and analysis.

The company states that its clientele will include corporations, investors and analysts.

[DAILO]

CURRENCY SUMMARY

Php 42.90 $ 1 12:00 AM GMT

Php 40.78 Yen 100 5:28 AM GMT

Php 45.32 Euro 1 13:28 AM GMT

[DAILO]

Originally posted by gem:
dailo:

which brokerage is reliable?

For a list of unbiased Philippine Brokers check out:
http://www.wwinsinc.com/ph_br.htm

youre more than welcome to trade with me :D :D :D

[DAILO]

Lessons from Tiger

In case you missed it, Eldrick "Tiger" Woods conquered the US Open last Sunday by shooting a record-breaking 12 under par. A feat deemed next to impossible! Tiger's unanimous success is not a fluke. Woods' dominance can be linked directly to his desire, focus, and hard work. Not by coincidence, the aforementioned attributes are common among the world's top traders. What separates the winners from the losers (In all walks of life) is their drive to succeed. Like Tiger, most successful traders have a vision or a goal. And every trade they place is centered around their long-term goal. Super-traders display focus and
discipline, and stick to their thoughtful strategies. Above all, successful traders work hard! So whether you combing the annals of Investor's Business Daily, or pouring over stock charts, the amount of hard work you put into your trading is directly correlated with your results. Whether your game is golf or options, if you practice, and learn, and do the right things consistently, you win! And when you win the game of trading, you make money!

GREED IS GOOD! :D :D :D


[This message has been edited by DAILO (edited 06-23-2000).]

[KuyaDanny]

How did PLTL do today?

[DAILO]

PSE Top Gainers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW Change %Change VALUE

UNI Unioil and Gas Development Co 0.1500 0.2000 0.2250 0.2000 0.0500% 33.3333% 11,000.0000

ANS A Soriano Corporation 0.400 0.490 0.490 0.490 0.090% 22.5000% 36,166.6641

AT Atlas Consolidated Mining and Develop 2.100 2.550 2.550 2.550 0.450% 21.4286% 5,100.0000

PEP Premiere Entertainment Productions Inc 0.410 0.470 0.500 0.460 0.060% 14.6341% 366,700.0000

APX Apex Mining Co Inc 0.0100 0.0110 0.0110 0.0110 0.0010% 10.0000% 440,000.0000

APXB Apex Mining Co Inc 0.0100 0.0110 0.0110 0.0100 0.0010% 10.0000% 273,000.0000

FAF First Abacus Financial Holding Corp 0.600 0.650 0.650 0.550 0.050% 8.3333% 23,000.0000

ARA Araneta Properties Inc 0.700 0.750 0.900 0.750 0.050% 7.1429% 120,033.3359

EBE Ebecom Holdings Inc 0.1500 0.1600 0.1750 0.1600 0.0100% 6.6667% 242,484.5469

PNB Philippine National Bank 58 61.50 65 59 3.50% 6.0345% 5,894,250.0000

[DAILO]

PSE Top Issues Traded

SYMBOL SECURITY PREVIOUS LAST HIGH LOW Change %Change VALUE

SMCB San Miguel Corp 52.50 52.50 52.50 52 0% 0.0000% 76,509,160.0000

BPI Bank of The Philippine Islands 80.5 81 81 80.5 0.5% 0.6211% 41,397,900.0000

ALI Ayala Land Inc 5.80 5.80 5.80 5.70 0% 0.0000% 19,771,600.0000

RPC Reynolds Philippines Corporation 0.900 0.900 0.900 0.880 0% 0.0000% 19,019,000.0000

SMC San Miguel Corp 52 52 52 51 0% 0.0000% 18,617,750.0000

AC Ayala Corporation 7.80 7.80 7.80 7.70 0% 0.0000% 18,483,200.0000

ION Ionics Circuits Inc 9.50 9.50 9.50 9.50 0% 0.0000% 13,642,000.0000

V Vantage Equities Inc 2.04000 2.04000 2.06000 2.02000 0% 0.0000% 10,349,860.0000

GLO Globe Telecom GMCR Inc 15.50 15.50 15.50 15.25 0% 0.0000% 8,221,050.0000

SMPH SM Prime Holdings Ltd 5.500 5.500 5.500 5.400 0% 0.0000% 7,749,656.

[DAILO]

PSE Top Losers

SYMBOL SECURITY PREVIOUS LAST HIGH LOW Change %Change VALUE

ISMB Itogon Suyoc Mines Inc 0.0470 0.0290 0.0290 0.0290 -0.0180% -38.2979% 20,300.0000

EVER Ever Gotesco Resources and Holdings Inc 0.0900 0.0775 0.0800 0.0775 -0.0125% -13.8889% 63,500.0000

PTT Philippine Telegraph and Tel Corp 0.60 0.52 0.58 0.52 -0.08% -13.3333% 150,000.0000

SGR Central Azucarera Don Pedro 0.880 0.790 0.870 0.790 -0.090% -10.2273% 373,300.0000

EPHI Edsa Properties Holdings Inc 2 1.800 1.800 1.800 -0.200% -10.0000% 5,400.0000

RCB Rizal Commercial Banking Corp 30 27 27 27 -3% -10.0000% 54,000.0000

AEV Aboitiz Equity Venture Industrial Co Ltd 1.700 1.540 1.700 1.480 -0.160% -9.4118% 21,636,480.0000

SOC South China Resources Inc. 0.5500 0.5000 0.5000 0.5000 -0.0500% -9.0909% 10,000.0000

OMW Omico Corporation 0.0048 0.0044 0.0048 0.0042 -0.0004% -8.3333% 2,968,200.0000

BRN A. Brown Company Inc. 0.450 0.420 0.420 0.420 -0.030% -6.6667% 37,800.0000

[DAILO]

Originally posted by KuyaDanny:
How did PLTL do today?

Philippine Long Distance Tel Co : TEL as of 12:07:00


Last 785
Change -5
% Change -0.6329
Volume 37,360
Value 29,482,802.00
Previous 790
Open 795
High 795
Low 780

[DAILO]

GOOD MORNING PExRs ! Good luck in all your trades today and Enjoy your weekend :D :D :D

[DAILO]

CURRENCY SUMMARY

Php 42.89 $ 1 10:11 AM GMT

Php 40.96 Yen 100 2:12 AM GMT

Php 45.83 Euro 1 10:12 AM GMT

[DAILO]

DOW and NASDAQ down. PHISIX broke support yesterday. maraming ipit.

Friday bloody Friday.

[DAILO]

Originally posted by KuyaDanny:
I read this thread. :D

I agree with BU's suggestion. I'm just waiting for DAILO's reply to my email to work out how we can effectively "break up" this valuable thread without losing any of its value.

(Hmmm...I am sounding like the Justice Department)

The Justice Department has spoken and has asked us to comply to a monopolistic breakup... Given that everybody thinks im Microsoft now with my monopolistic forum... i have created 3 more topic discussions:

GREED IS GOOD! : Philippine Stock Market
GREED IS GOOD! : Foregin Markets
GREED IS GOOD! : Currencies

I hope my baby forums continue without losing its value :D :D :D

I welcome everyone to post all comments, suggestions, and questions on the related topic sites... Thanks.

GREED IS GOOD!