Sunday, August 25, 2024

For Week 35 ( August 27 - August 30, 2024 )

 

COMPANY NAME

STOCK CODE

CLOSE-PRICE

RECOMMENDATION

Apex Mining Co., Inc.

APX

4.40

BUY

Ginebra San Miguel, Inc.

GSMI

247.00

BUY

Vitarich Corporation

VITA

0.67

BUY

The Keepers Holdings

KEEPR

1.80

BUY

STI Education Systems

STI

1.04

BUY

Globe Telecom, Inc.

GLO

2,228.00

BUY

International Container

ICT

417.20

BUY

Citicore Renewable Energy

CREC

3.11

BUY

---------------------------------

Philippine Seven Corp.

SEVN

66.70

SELL

Converge Information

CNVRG

14.98

SELL

DigiPlus Interactive Corp.

PLUS

20.95

SELL

Boulevard Holdings, Inc.

BHI

0.086

SELL

ACEN Corporation

ACEN

5.20

SELL

Roxas and Company, Inc.

RCI

2.99

SELL

ABS-CBN Corporation

ABS

5.25

SELL

 

The following are the reasons why the author of this blog rate the stocks as such:

VITA – last post I rated this stock as a SELL, I stand corrected, I now think that it is a BUY.

SEVN – I think this stock has peaked on August 9, with a close-price of 73.00, so I consider this as a SELL.

CNVRG – I think this stock will peak this week with a close-price not beyond 16.46, so it is a SELL.

PLUS – this stock had a close-price of 20.95 last Thursday 22nd of August 2024, the highest close-price ever for this stock; I think this stock has peaked already so I consider this stock as a SELL.

BHI – I think this stock will peak this week with a close-price not beyond 0.094, so it is a SELL.

ACEN – I think this stock has peaked on August 14, with a close-price of 5.90, so I consider this as a SELL.

RCI & ABS – on my post on August 4, I stated that these stocks have bottomed already, and that there is nowhere to go but up for these stocks; on August 5, RCI bottomed with a closed-price of 2.19, but have now increased with a last-traded-price of 2.99, that is a 36.53% increase; while ABS that bottomed on August 7, have now increased with a last-traded-price of 5.25, which is a 20.68% increase; I also stated that if these stocks would increase, it will not be similar to MRC, which have increase significantly from her bottom close-price, so for that reason, I still consider RCI & ABS as a SELL.

BLOOM – from the Blue-Chip Stocks, this stock has the worst price decrease, but I think that this stock had hit her bottom close-price on August 14, so just like the case of RCI, ABS, and especially like that of MRC, I think this stock will increase significantly from her bottom close-price of 7.25, so you may consider buying this stock.

For Week 36 ( September 2 - September 6, 2024 )

  COMPANY NAME STOCK CODE CLOSE-PRICE RECOMMENDATION ACEN Corporation ACEN ...