Sunday, August 4, 2024

For Week 32 ( August 5 - August 9, 2024 )

COMPANY NAME

STOCK CODE

LAST PRICE

RECOMMENDATION

ACEN Corporation

ACEN

5.21

BUY

Apex Mining Co., Inc.

APX

4.42

BUY

Globe Telecom, Inc.

GLO

2,218.00

BUY

DigiPlus Interactive Corp.

PLUS

16.88

BUY

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

Citicore Renewable Energy

CREC

2.97

HOLD

DoubleDragon Corp.

DD

11.00

HOLD

Ginebra San Miguel, Inc.

GSMI

229.80

HOLD

The Keepers Holdings

KEEPR

1.70

HOLD

Pryce Corporation

PPC

7.97

HOLD

Philippine Seven Corp.

SEVN

67.50

HOLD

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

AbaCore Capital Holds.

ABA

0.86

SELL

Bloomberry Resorts Co.

BLOOM

8.15

SELL

MRC Allied, Inc.

MRC

0.730

SELL

PH Resorts Group Holds.

PHR

0.60

SELL

 

These recommendations are meant for months-long or weeks-long holding of a stock or stocks, not just for one (1) particular week.

The stocks that are rated as BUY are, to the analysis of this author, have yet to peak; while the stocks that are rated as SELL are stocks that had already peaked, months or weeks beforehand, you can verify this in the graphs of the stocks in the website of the Philippine Stock Exchange.

 

MRC bottomed on July 11 with a close-price of 0.435, and has increased 67.82% since then, but this blog still rates MRC as SELL because compare to other active stocks it is still way down there; but it is up to you if you want to buy MRC because the price could still increase, but what is unknown is to how much will it still increase…

ABS & RCI, I got it wrong with these two stocks, they both peaked on May 29, I thought that their price will still increase, but did not any longer; I think their prices have bottomed last Friday August 2, it is up to you if you want to buy, because once a stock-price has bottomed, there nowhere to go but up; but I think these stocks will not increase to 70% from their bottom-price because these stocks have increased significantly before, compare to MRC which was consistently going down.  

  

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

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