|
COMPANY NAME |
STOCK CODE |
CLOSE-PRICE |
RECOMMENDATION |
|
ACEN
Corporation |
ACEN |
5.81 |
BUY |
|
Apex
Mining Co., Inc. |
APX |
4.37 |
BUY |
|
------------------------------- Ginebra
San Miguel, Inc. |
GSMI |
238.00 |
HOLD |
|
Boulevard
Holdings, Inc. |
BHI |
0.076 |
HOLD |
|
The
Keepers Holdings |
KEEPR |
1.74 |
HOLD |
|
Globe
Telecom, Inc. |
GLO |
2,282.00 |
HOLD |
|
------------------------------- Philippine
Seven Corp. |
SEVN |
65.80 |
SELL |
|
DigiPlus
Interactive Corp. |
PLUS |
20.25 |
SELL |
|
Converge
Information |
CNVRG |
14.28 |
SELL |
|
Asiabest
Group Int. |
ABG |
5.00 |
SELL |
|
Vitarich
Corporation |
VITA |
0.62 |
SELL |
The following are
the reasons why the author of this blog rate the stocks as such:
SEVN – this stock could have peaked already on August 9 with close-price
of 73.00, so I rate this stock as a SELL.
PLUS – this stock could peak this week, with a close-price not beyond 25.35,
so this stock is rated as a SELL.
CNVRG – this stock could peak this week, with a close-price not beyond 17.14, so this stock is rated as a SELL.
ABG increased significantly by 42.05% for two consecutive days last
week with a total trade of 53.8 million, but if you look at the Historical Data
of this stock, it is not actively traded; this trade is similar to what happened
to ENEX on July 17 in which it increased significantly by 46.65% with a trade
value of 8.6 million, but base on the Historical Data it is not an actively
traded stock, ENEX had a close-price of 6.79 on that day, but since then, it did
not had a close-price beyond that; because of this reasons that is why I rate
ABG as a SELL.
VITA – I rate this stock as a SELL, for the same reason with ABG.
BHI – this stock could have peaked already on August 12 with a close-price
of 0.77, this stock is rated as HOLD and not as SELL because it needs more
observation, we just hope that the price do not drop significantly though.
GLO – this stock could have peaked already on August 14 with a close-price of 2,338.00, I am not sure, that is why I rate this stock as a HOLD, and not as a SELL.
APX & ACEN – we are in the month where stock prices are peaking,
I am not sure if these stocks have peaked already, but for now I still rate
them as BUY.
