Showing Tag: " money growth" (Show all posts)

THE UNION OF GIANTS...

Posted by jov3n- trader202 on Thursday, April 26, 2012, In : Investing

Ayala Corp. (AC) and Metro Pacific Investments Corp. (MPI) have agreed to team up and bid together for light rail infrastructure projects. The two major conglomerates will form a 50/50 partnership to develop rail projects and real estate related to these projects. The first project they will bid on will probably the LRT 1 South Extension Line which costs an estimated PhP62bn. The partnership will form a formidable pair as companies bid for PPP projects. AC’s capital base and property develo...
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ALL TIME HIGH!

Posted by jov3n- trader202 on Thursday, April 19, 2012, In : Company Information

The local stock market advanced to a new record high on Tuesday as investors gobbled up blue-chip stocks on expectations of firm 1Q12 corporate earnings and sustained economic growth for this year.

The PSEi main index rose 39.82 points, or 0.8% higher from Monday, to close at 5,157.28, an historic high. The index jumped to an intra-day high of 5,186.52, up 1.3% for the day, before settling down to a lower level.

Megaworld Corp. (MEG) reported a 2011 net income of PhP8.0 billion, up 60% from PhP...
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SUBDUED CHEER...

Posted by jov3n- trader202 on Tuesday, January 3, 2012, In : Investing

The new year started off with a subdued cheer as share prices gained on the first day of extended trading. The PSEi main index went up by 25.12 points, or 0.56% higher from last year’s close, to end the session at 4,397.08 on very thin trading. Total value turnover plunged to PhP1.77bn, or just one-third of the previous session’s value, as most investors were still out of the market afterthe recent holidays. Among the most active gainers were infrastructure and construction-related stocks...