1. ORIENTAL PENINSULA RES GROUP - ORE
Nickel mining stocks are hot today because of the upcoming IPO of Nickel Asia Corp., the country’s largest nickel mining company. Heard from the grapevine that ORE will fly together with NAC on Monday and it will reach new high. Initial target price of P4.50.
2. GINEBRA SAN MIGUEL, INC. - GSMI
This is one of the stock of RSA that was not yet reach it's all time high. SMB and SMC already skyrocketed. Heard from the grapevine that San Miguel Corp., the largest Philippine food and beverage company, has started talks for the sale of its liquor unit Ginebra San Miguel Inc. to San Miguel Brewery Inc., a beer venture with Japan’s Kirin Holdings Co. Ginebra’s sale will be completed this year. Rumors is the tender offer price is between 39 to 40.
3. ALSONS CONSOLIDATED RESOURCES - ACR
Rumored new investor will finance it's Power Genetation Project. Initial target price of P2.00.
Disclaimer: There is no guarantee that these stocks will go up. Trade at your own risk.
No comments:
Post a Comment