Amid declining casino revenues, Razon-led Bloomberry Resort Corp., owner and operator of the two Solaire and the Jeju Sun integrated resorts, is rolling its dice in the online gaming table. Sharing its online gaming plan with stock analysts, Bloomberry said it will fully launch its online gaming...
Unicapital's projections signal a promising year for Philippine capital markets. Unicapital Group (Unicapital), a leading independent financial services provider and investment firm, believes initial public offerings in the Philippines are set to make a big comeback this year despite doubts...
The local stock market is seen to remain volatile due to geopolitical and interest rate concerns, although share prices may get a boost from the Philippines’ exit from the grey list of the Financial Action Task Force (FATF). Unicapital Securities Equity Research Analyst Jeri R. Alfonso said that...
FOR MONDAY Two corporate bigwigs, JG Summit Holdings Inc. Chairman James L. Go and gaming tycoon Willy N. Ocier, are giving ordinary investors their masterclasses in stock investing by showing how to properly buy low and sell high. Universal Robina Corporation (URC) disclosed to the Philippine...
While the recent rout in the stock market has brought stock prices down to attractive levels, uncertainties over trade and monetary policies are dampening investor sentiment. According to 2TradeAsia.com, the Bangko Sentral ng Pilipinas’ signalling that it may push back the next rate cut well into...
While 2025 is expected to be a promising year for the country due to an anticipated consumption rebound, the Unicapital Group has lowered its year-end target for the Philippine Stock Exchange index (PSEi) to 7,800 from 8,000. In a briefing, Unicapital Securities Inc. Head of Research Wendy...
Local investment house Unicapital Group sees the Philippine economy growing by 6.3 percent next year, with inflation falling to 3.1 percent, which is expected to propel the Philippine Stock Exchange Index (PSEi) to the 8,000 level. While the group holds a positive outlook for 2025, it acknowledges...
The Philippine Stock Exchange’s benchmark, the PSEi, is seen to end the year at the 7,000 level as a favorable economic landscape is unfolding with lower interest rates and an easing inflation rate. “Our bottom-up analysis suggests a target of 7,000 for the PSEi in 2024, implying a...
Unicapital, Inc., a leading independent, full-service investment house, has won the 2022 “Innovative Deal of the Year” award from Singapore-based business magazine Asian Banking & Finance (ABF) for the successful P6.4-billion initial public offering (IPO) this year of the country’s...
The real estate investment trust (REIT) offering of Citicore Energy REIT Corporation (CREIT), which will debut this week at the Philippine Stock Exchange (PSE), has been oversubscribed across all tranches, including with the small local investors (LSI), trading participants and institutional...
Citicore Energy REIT Corporation (CREIT), a subsidiary of Citicore Power Inc., is expected to corner ‘strong interest’ on its real estate investment trust (REIT) listing, wich will be the first for such asset class in the renewable energy (RE) industry to be undertaken. According to Ben Thomas...
