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Del Monte (DMPL) stock lower on first trading day

Food and beverage maker Del Monte Pacific Ltd., owner of the Del Monte and Today’s brands of pineapple, tomato and mixed-fruit products, started trading on the Philippine Stock Exchange (PSE) today and closed at P27.20, down 8.72% from its initial listing price of P29.80.

DMPL shares hit an intra-day high of P30.00 and a low of P26.55 before closing at P27.20 on its first trading day.

The company got approval from the PSE to offer its shares to the public but not through the traditional way of Initial Public Offering but through the alternative Way of Introduction.

AUB IPO: Stock rises 9.5% on first trading day

Despite a slowdown in the Philippine stock market on Friday, May 17, the stock of Asia United Bank (AUB) bucked the trend and ended on a high note, closing at P104.00 on its first trading day.

In its market debut, AUB gained 9.5% compared to its offer price of P95.00. That means if you bought 100 shares of AUB during the offer period (amounting to P9,500.00), your money has grown from P9,500.00 to P10,402.50 in just one day.

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Asia United Bank (AUB): Initial Public Offering (IPO)

The Rebisco-owned bank, Asia United Bank (AUB), will be the second bank and the second company this year to have an initial public offering (IPO).

The bank recently announced that it will be offering more than 88 million shares to the public for the first time, priced at P95 per share.

PinoyInvestor: Stock Picks, Broker Recommendations, Target Prices

Investing in the stock market is not easy. It entails doing extensive research, choosing the right stock to trade, and buying and selling at the correct prices.

Your own broker may say BUY a stock, but what if the other brokers were already saying to SELL it? It would be nice to know the opinion of more than one stock broker.

You think a target stock price is overvalued, but how to check if your hunch is correct? It would be nice to know the opinion of more than one stock broker.

You’ve seen so-called stock gurus announce their “stock picks”, but how credible and reliable are they? It would be nice to know the opinion of brokers who are competent stock market analysts.

Top Philippine stocks to buy (or sell) — March 2013

We bring you another set of broker recommendations for the month of March 2013.

Last time, we wrote about the January 2013 buy-or-sell recommendations of Maybank ATR Kim Eng and CitisecOnline. This time, Maybank ATR Kim Eng, a Malaysian bank that partnered with a Philippine brokerage firm, has more stock updates as of March 11, 2013.

New PSEi composition, as of February 2013

Gaming operator Bloomberry Resorts Corp. (Stock Code: BLOOM) will replace property firm SM Development Corp. (SMDC) in the Philippine Stock Exchange index (PSEi) starting March 11.

Bloomberry is currently one of the local bourse’s most actively-traded stocks following its announcement that it will open Solaire, a casino and resort entertainment complex, in the 120-hectare Pagcor Entertainment City in Pasay City this month.

IPO update: PBB stock rises 15.4% on first trading day

The first initial public offering (IPO) the year yielded a one-day gain of 15.40% for those who bought the Philippine Business Bank (PBB) stock during its offer period.

Yesterday, February 19, marked the first day of listing and trading on the Philippine Stock Exchange of Philippine Business Bank, a thrift bank owned by the family of former Ambassador Alfredo M. Yao, also the owners of budget airline Zest Air and fruit juice drink Zest-O.

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