Yes, even retail investors like us with lower capital can actually lend money to big companies like BDO and Petron for their business operations. BDO LTNCDs Listed unibank BDO (PSE: BDO) issued a press release this morning that it shall be issuing LTNCDs starting today, March 27. The bank expects to generate at least PHP5-billion… Read more
Every year, market participants see August as ghost month, and this year, according to Chinese Lunar calendars, it will be from Aug 3 to 31. During this period, believers do not make any major investments, transactions or agreements as the period is well, inauspicious.
PSE:MPI remains one of our all time favorites (PD: Very long on MPI, since 2014). Anyway, the last few days, the stock seems to be losing its momentum and may retest its resistance-turned support (5.50) soon. Series of indecisive candles plus waning volume. Stochastics also pointing down.
Petron Corp (PSE: PCOR) been’s going down for months now (from a high of PHP12) due to fall in global oil prices. Though it’s latest financial report as of this writing showed that it’s actually starting to benefit from low oil prices since their cost of goods sold is much lower now. Plus it’s recently opened refinery.
Filipinos still prefer betting on lotto even if the odds of winning is very very small. But the odds of winning and burning the ticket is much much way way smaller. This is what happened to a man who claims he won the PHP12M pot but unfortunately, his ticket got burned by a flat iron. Odd odds.
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