2.13.12 AC MAB CEB PAL BHI MARC

Globe Telecom Inc. (GLO) , the nation’s second-biggest provider of mobile-phone services, increased 2.4 percent to 1,176 pesos, the sharpest gain since Jan. 19. The company said it will pay a dividend of 32.50 pesos per share, higher than last year’s payout. Ayala Corp. (AC) , Globe’s second-largest shareholder, rose 3.3 percent to 399 pesos, the highest close since December 2007. – Bloomberg

 

AC – Ayala Corporation

  • Flag pattern breakout with volume.
  • AC’s 10-day moving averages serves as a strong support, you can apply facelesstrader’s technique. Read this.

 

MAB – Manila Mining B

  • Breakout! Multi-year high

 

CEB – Cebu Pacific

 

PAL – Philippine Airlines

  • Confirmation of breakout tomorrow
  • PAL Holdings Inc. (PAL) , owner of Philippine Airlines Inc., advanced 3.3 percent to 7.95 pesos, the sharpest gain since Jan. 17. PAL Chairman Lucio Tan said there is a “negotiation” with San Miguel Corp. (SMC) President Ramon Ang for the sale of a stake in Philippine Airlines, the nation’s largest carrier.– Bloomberg

 

BHI 

 

MARC 

  • Wait for breakout

 

Caveat!

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