Showing posts with label PNB. Show all posts
Showing posts with label PNB. Show all posts
Friday, October 2, 2015
PSE stocks below 30 RSI. AGI, ICT, LPZ, PNB, RCB, TEL 10-2-2015
Please take a quick look, and appreciate 5-10year charts of these PSE
stocks, most of them are technically in bear market territory. And are included in the Top30 PSE Index.
Monday, July 27, 2015
Philippine Banks Review (BDO, SECB, RCB, MBT, PNB, BPI) 7-28-2015
Philippine Banks post the biggest and longest decline since 2013. And the weakest sector in the Philippines right now. I find it hard that some banks are already trading at 10x PE. And are very very interesting in terms of price valuation.
I know most banks have a hard time earning from their trading gains, which brings only around 10-20% additional income to a bank. Other income generation from different sectors are still good in the Philippines.
Most banks broke down from their 2 year uptrend, and is getting closer to 2009 uptrend support (6 year uptrend support). I still recommend BUY on most banks (have BDO, RCB and SECB right now)
Two concerns are EUROPE and US Elliot Wave count is nearing this "decisive" Q3-2015 Q4-2015 and Q1-2016, which has a high probability that Primary Wave IV is coming.
Good Luck !
I know most banks have a hard time earning from their trading gains, which brings only around 10-20% additional income to a bank. Other income generation from different sectors are still good in the Philippines.
Most banks broke down from their 2 year uptrend, and is getting closer to 2009 uptrend support (6 year uptrend support). I still recommend BUY on most banks (have BDO, RCB and SECB right now)
Two concerns are EUROPE and US Elliot Wave count is nearing this "decisive" Q3-2015 Q4-2015 and Q1-2016, which has a high probability that Primary Wave IV is coming.
Good Luck !
Thursday, December 4, 2014
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