NEW IPO’S WILL BOOST THE MARKET

The pandemic is giving a Philippine telecommunication company an opportunity to grab market share from its well-entrenched rivals as vast swathes of the population remain stuck at home.

Converge ICT Solutions Inc., which specializes in fiber optic broadband services, saw a record jump in subscriptions in May, Chief Executive Officer Dennis Anthony Uy said in an email interview. New activations surged 150% from a year earlier to more than 50,000, driven by retail and corporate clients like call centers equipping their employees to work remotely, he said. READ MORE

AREIT – IPO WILL ALSO BOOST THE MARKET

We believe AREIT by Ayala will also boost the market – READ MORE

WHAT IS THE PSEI TECHNICAL CHART IS SAYING?

KEY TAKEAWAYS

  • Meantime the market will continue to swing as the global market stays cautious & the rise of the market is just too fast
  • We suggest stay cautious and buy only good companies with good earnings like – GMA7, MPI, SM, AC, SLF & etc
  • Watch your money management and always withdraw your capital and let the profit and dividends run

WHAT IS HAPPENING AROUND THE WORLD

The Global Market swings but the price is still leading to the north

KEY TAKEAWAYS

  • Fear index VIX is falling which means – Investors and Traders are confident of the market
  • We are caution once again – the worst is not over as 2nd Pandemic Wave & Vaccine are still at work
  • IMF warning is also a worrisome @ READ MORE
  • OIL & Alternative Energy will go head-on and price will be challenged

FINWAZE TEAM – MANG MATEO (Join My Facebook for more learnings @ MANG MATEO)

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2020 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?