PSEi reshuffle

It is time once again for the semi annual re-composition of the Philippine’s main index, the PSEi. On February 22, 2017, the Exchange announced that Puregold Price Club, Inc. (PGOLD) will be replacing Emperador Inc. (EMP) in the 30-company index effective March 13, 2017. This means that we can expect the price of PGOLD to…

PSEi Changes: SECB in BLOOM out

On August 24, 2016, the Philippine Stock Exchange announced the changes in PSEi as part of its regular index review effective September 12, 2016. PSEi represents the cream of the crop out of the companies listed in the local bourse. Companies comprising the index are considered as blue chips. To qualify for the PSEi, the…

Stock Review: MEG

The recent weakness¬†in MEG has prompted us to do a quick analysis on the stock. While it is true that the PSEI¬†has been in the red the past 5 days losing around 3.13%, MEG seems to fall much faster. YTD return for MEG is -8.55% compared to 1.42% for PSEI. The company released its 1H15…

Company Intro: SSI Group, Inc. (SSI)

Background SSI Group, Inc. (SSI) is a Philippine corporation established in 1987 with brand management and specialty retailing as its principal businesses. The Company’s business is based on the concept of introducing globally recognized brands to the Philippine market through specialty store retailing. As of December 2014, its network consists of over 700 specialty stores…

PSE Index

The PSEi (PCOMP:IND) is the main stock market index of the Philippine Stock Exchange and serves as an indicator of the general health of the country’s economy. According to memo CN-No. 2014-0011 dated February 24, 2014, the following should be met to be included in the index: 1. 12% free float level 2. must be…