BDO Unibank Inc #BDO

Source: Wall Street Journal

NOTES:

• Support should hold at 103.
• Next resistance level is at 109.
• Main trend is bullish.

Aboitiz Equity Venture Inc #AEV

Source: Wall Street Journal

NOTES:

• Currently moving sideways and price is near resistance area.

LATEST NEWS:

Aboitiz Equity Ventures, Inc. formalized a deal with Irish cement maker CRH Plc. to buy the Philippine assets of Lafarge SA. Both firms will invest in holding companies (with Aboitiz shelling out Php24Bil) for this purpose, with the assets including cement production and other cement-related businesses and services. CRH previously announced it would buy some of Lafarge’s assets for EUR6.5Mil after the latter agreed to merge with Holcim, another firm in the cement business. Aboitiz’s transaction with CRH is expected to be completed by 2H15, subject to conditions under the merger of Holcim and Lafarge as well as the approval of the global sale of Lafarge assets. (source: BusinessWorld)

Universal Robina Corporation #URC

URC data from Wall Street Journal

NOTES

• Support is holding at 180.
• Buyers > Sellers

Semirara Mining Corporation #SCC

NOTES:

• Fearless forecast: Due to the unfortunate event in Semirara Island, expect to see more sellers on Monday.
• Let's see if support will hold at 136.

Latest News:

Caluya official identifies 5th Semirara coal mining accident victim, says 4 still missing

An official of the local government of Caluya, Antique on Saturday announced the retrieval and identification of a fifth victim of a mining site accident.

The body of Bernie Manrique, 39, was found during retrieval operations at 3:40 a.m. Saturday, Pauline Rose L. Geroche, municipal information officer of Caluya, said.

"We now have five (5) confirmed deaths, and four (4) still missing," she said.

Geroche earlier said the body of Danilo Dayupan was found at 9:26 p.m. Friday.

The Caluya local government on Friday confirmed the deaths of Alexander Nudo, Ricardo Panes, and Arnold Omac. 

Landslide

The Office of Civil Defense reported that a portion of the mining site of the Semirara Mining and Power Company collapsed Friday due to a landslide.

 

"A portion of the mine (site) collapsed, burying nine workers," the report said. 

 

Thirteen workers were at the collapsed mining site when the incident happened, but four managed to run to safety.

Antique Gov. Rhodora Cadiao told dzBB radio that initial information reaching her indicated the incident occurred at 3 a.m. Friday.

Cadiao said it was raining heavily for days on the mine site, on an island off the main island of Panay in the Visayas Region.

Suspension of operations

The Department of Energy on Friday ordered the suspension of the coal mining operations in Semirara Island following the collapse.

"The Department of Energy has ordered the immediate suspension of the operations of Coal Operating Contract No. 5 Semirara, Antique effective immediately," the official statement said.  

Energy office-in-charge Zenaida Monsada also ordered the formation of a panel to probe the incident. The panel will be headed by Assistant Secretary Raymond Acol. —KG, GMA News

More from: http://www.gmanetwork.com/news/story/524322/news/regions/caluya-official-identifies-5th-semirara-coal-mining-accident-victim-says-4-still-missing 

Globe Telecom Inc #GLO

NOTES:

• Great opportunity to buy on bargain price.
• If support level won't hold at 2338, next support level is at 2263.

Ayala Corporation #AC

NOTES:

• Price is retouching again the breakout point.  With RSI at the oversold level, will it bounce or breakdown further?

Holcim Inc Philippines #HLCM

NOTES:

• Buyers are now dominating, will it go further?
• Annual div. yield is 5.36%
• P/E 17.87