14 initial public offerings are the PSE's objective for 2023.

According to analysts, the local exchange operator's goal of 14 initial public offerings (IPO) this year is feasible given that increased economic recovery encourages corporate expansion. As the economy continues to improve, Ricafort claimed that "businesses and conglomerates become more decided on new investments and development plans that need various fund-raising operations, such as through the stock or equity markets." Increasing market circumstances, according to him, motivate more businesses and conglomerates to raise capital on the stock market. Additionally, he continued, "further growth of local capital markets encourages further diversification of funding sources and from a larger roster of investors and the investing public. ABC Securities, Inc. The PSE aim may be attained, according to vice president Jovis L. Vistan.

"I believe it is doable. The pandemic is over, there has been a change in the global monetary policy, and the prognosis and market confidence for 2023 are better. The Philippines' economic future is likewise, in comparison to the rest of the world, considerably favorable. That might increase people's appetite for risk this year, he continued. We anticipate additional listings, higher trading volumes, and improved collaborations in the sector that will help us increase our product and service offerings, said PSE President and Chief Executive Officer Ramon S. Monzon in a news statement on Tuesday. The stock market operator stated that it anticipates raising P160 billion through capital raising efforts, which will be launched by Union Bank of the Philippines' stock rights offering. The rights offering was approved by the bank's board of directors on October 28, 2022, and the issue amount was increased to P12 billion on December 27, 2022. The corporation would issue up to 220.26 million shares at an offer price ranging from P54.48 to P58.38 per right share. The announcement from the bank states that the offer period will begin on January 16 and expire on January 27. UnionDigital will use the offering's proceeds to finance loan applications and other expansion opportunities. The benchmark PSE index rose 132.49 points or 2.01% to settle at 6,718.50 on Wednesday..

JFC - Update

1. Breakout RSI: 48.95
2. Possible trade from 120 to 134 (16%)
3. MACD showing positive.
4. Hope the latest news  will not affect the trend.
5. Good Luck. Trade at your own risk.

PSIE

PSIE

WILCON - Update

WILCON still uptrend and bullish. Pease take extra careful for the following trade possible price will continue  go down from overbought area. Please manage your risk.

HOME - Update

HOME Update: 11-27-19
Home still uptrend, breakout ma20, and good bounce from RSI50. Hope for continuing uptrend.

HOME Update: 11-22-19

HOME bullish, strong support  at MA 10, MA 20 and RSI50. Hopefully this will continue go up on the following week. Set cutloos below to 11.50.

HOME shows uptrend as he breaks ma 10 & 20. hope continue to go up and earn profit for all you. Eearning reported good and hope to continue.

MEG - Update

MEG: If it doesnt bounce at 4.31, it continue to go down at 3.99, since MACD telling
 bearish movement.

MEG Update: 11-27-19
Hope this the end of the downtred hope breakout at MA20 to confirm uptrend. RSI shows good recover from oversold.

MEG Update: 11-22-19
In my view, MEG will continue to go down and bounce at support area on RSI30 or will continue in oversold area before bouncing back. Time to add up &  waiting for signal.

MEG shows a bounce and hope to continue go up with strong support @ ma50. Fundamental and earnings are still good.

FLI - Update

FLI Update: 11-27-19 

As you see breaking out the trend line, posible uptrend is on the way if breaksout resistance at ma20.

FLI Update: 11-22-19 

Possible bounce for FLI this comming week. Strong resistance @ 1.66, it this resistance will break, this will be a possible uptrend move. 

FLI Simple analysis:
1. Please check the two candle pattern
2. Strong resistance at ma 10, 20 & 50.
3. Bonce at RSI and shows bullish divergence