Posted from Surfer & Mr.Banker’s thread in Financemanila
“From foreign broker PEP: “Note that of the listed banks, UBP offers the best
yield. We’re looking at 2013E DPS of Php3.5/sh, yield of 2.8% per last
We have a Buy rating and PO of Php132.5/sh.”
You can check PSE website on AEV’s recent disclosures on their accumulation of UBP shares.
Weekly chart of UBP.. It would be better if it would close on a long green candle come Friday. MACD buy signal.
Bullish Inverse Head and shoulder pattern?
As they say “Buy on rumor,sell on news”. It still a puzzle as to who is this white knight that would save VITA.
Chart shows it may go on either side. Caveat.
MEG – new 52-week high… see chart here