immovable as a mountain

chart monitor: MRC/MRC ALLIED INCORPORATED (22 MAY 2017)
in the news: CHELSEA LOGISTICS
in the news: CNPF/CENTURY PACIFIC FOOD, INC.
in the news: TEL/PHILIPPINE LONG DISTANCE TELEPHONE
in the news: RFM/RFM CORPORATION
in the news: ICT/INTERNATIONAL CONTRAINER TERMINAL SERVICES, INC.
if i were a short term trend follower*: IMI/INTEGRATED MICRO ELECTRONICS (7.00 A.M., 22 MAY 2017)
in the news: GTCAP/GTCAP/GT CAPITAL HOLDINGS, INC.
in the news: SMC/SAN MIGUEL CORPORATION

chart monitor: MRC/MRC ALLIED INCORPORATED (22 MAY 2017)

Posted: 22 May 2017 05:29 AM PDT

remarks:

1. MRC closed higher to 38.5 centavos ... up 4.05% ...

2. resistance: 39.5 - 40 centavos ...

3. the macd histogram is still below the 0 - horizontal ... but it went higher for the 2nd day ...

4. short term trend followers may still position in MRC ... as the histogram is still below the 0 - horizontal ... pero the 40 centavo-resistance is the next hurdle to overcome ...

* what is a "short term trend follower"

* these notes are good only for the next trading day ... and NOT for the subsequent trading days

* these notes are mine alone ... and are for sharing with short-term trend followers

for more philippine stock market views and information please check:

FINANCE MANILA

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!

click here for an explanation of the indicators ...

click here for my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose.

in the news: CHELSEA LOGISTICS

Posted: 22 May 2017 01:58 AM PDT

22 MAY 2017
Chelsea allots P4 B for acquisitions
http://www.philstar.com/business/2017/05/22/1702208/chelsea-allots-p4-b-acquisitions

18 MAY 2017
Dennis Uy's Chelsea Logistics wants a bigger pie of 2GO
http://www.rappler.com/business/170253-dennis-uy-chelsea-logistics-china-loan

04 MAY 2017
Chelsea Logistics embarks on major refleeting program
http://www.philstar.com/business/2017/05/04/1696387/chelsea-logistics-embarks-major-refleeting-program

27 APR 2017
Chelsea Logistics to raise up to P8 B from IPO
http://www.philstar.com/business/2017/04/26/1693841/chelsea-logistics-raise-p8-b-ipo

in the news: CNPF/CENTURY PACIFIC FOOD, INC.

Posted: 21 May 2017 10:08 PM PDT

22 MAY 2017
Century Pacific on the lookout for more acquisitions
http://www.bworldonline.com/content.php?section=Corporate&title=century-pacific-on-the-lookout-for-more-acquisitions&id=145501

12 MAY 2017
CNPF net up 10%
http://business.inquirer.net/229332/cnpf-net-10

03 MAY 2017
Century Pacific bags Hunt's
http://www.philstar.com/business/2017/05/03/1696079/century-pacific-bags-hunts

02 APR 2017
How the makers of Century Tuna stay afloat amid changing tastes
http://www.rappler.com/business/165661-century-pacific-food-profit-2016

16 MAR 2017
Century Pacific Food added in Asian index
http://thestandard.com.ph/business/business-stocks/231655/century-pacific-food-added-in-asian-index.html

in the news: TEL/PHILIPPINE LONG DISTANCE TELEPHONE

Posted: 22 May 2017 03:13 AM PDT

22 MAY 2017
PLDT sells remaining stake in SPi Global
https://www.rappler.com/business/170588-pldt-sells-remaining-stake-spi-global-partners-group

12 MAY 2017
Philippine Long Distance Telephone Company: PLDT announces 2017 first quarter financial and operating results
https://www.twst.com/update/philippine-long-distance-telephone-company-pldt-announces-2017-first-quarter-financial-and-operating-results/

04 MAY 2017
Smart Communications franchise extended until 2042
http://www.bworldonline.com/content.php?section=Corporate&title=smart-communications-franchise-extended-until-2042&id=144671

31 MAR 2017
PLDT eyes P68B from Enterprise, Home
http://www.bworldonline.com/content.php?section=Corporate&title=pldt-eyes-p68b-from-enterprise-home&id=143040

31 MAR 2017
PLDT forges streaming partnership with Fox
http://business.inquirer.net/227081/pldt-forges-streaming-partnership-fox

29 MAR 2017
PLDT turnaround seen gathering momentum; earnings growth expected
Read more: http://business.inquirer.net/226941/pldt-turnaround-seen-gathering-momentum-earnings-growth-expected#ixzz4cfYdd8Pj
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook

13 MAR 2017
PLDT Home expands market share in 2016
http://www.bworldonline.com/content.php?section=Corporate&title=pldt-home-expands-market-share-in-2016&id=142072

07 MAR 2017
PLDT insists there's no need for Smart to go public
http://www.bworldonline.com/content.php?section=Corporate&title=pldt-insists-there&8217s-no-need-for-smart-to-go-public&id=141736

06 MAR 2017
Smart: LTE, 3G speeds improve in Cebu
http://www.bworldonline.com/content.php?section=Corporate&title=smart-lte-3g-speeds-improve-in-cebu&id=141656

21 FEB 2017
Senate expects to pass Smart franchise by March
http://www.bworldonline.com/content.php?section=Corporate&title=senate-expects-to-pass-smart-franchise-by-march&id=140967

16 FEB 2017
PLDT invests P1 B in Mindanao fiber backbone
http://business.mb.com.ph/2017/02/15/pldt-invests-p1-b-in-mindanao-fiber-backbone/

15 FEB 2017
PLDT ties up with Huawei to roll out 5G by 2020
http://www.bworldonline.com/content.php?section=Corporate&title=pldt-ties-up-with-huawei-to-roll-out-5g-by-2020&id=140665

17 JAN 2017
House okays grant of new 25-year franchise to Smart

http://interaksyon.com/business/136226/house-okays-grant-of-new-25-year-franchise-to-smart

in the news: RFM/RFM CORPORATION

Posted: 21 May 2017 10:06 PM PDT

22 MAY 2017
Ice cream sales expected to lift RFM's second quarter
http://www.bworldonline.com/content.php?section=Corporate&title=ice-cream-sales-expected-to-lift-rfm&8217s-second-quarter&id=145502

09 MAY 2017
RFM 1st quarter earnings slip amid sluggish sales
http://www.bworldonline.com/content.php?section=Corporate&title=rfm-1supstsup-quarter-earnings-slip-amid-sluggish-sales&id=144879

20 APR 2017
RFM earnings breach P1-billion mark in 2016
http://www.bworldonline.com/content.php?section=Corporate&title=rfm-earnings-breach-p1-billion-mark-in-2016&id=143957

in the news: ICT/INTERNATIONAL CONTRAINER TERMINAL SERVICES, INC.

Posted: 21 May 2017 10:04 PM PDT

22 MAY 2017
ICTSI pursuing new port projects in Africa
http://www.bworldonline.com/content.php?section=Corporate&title=ictsi-pursuing-new-port-projects-in-africa&id=145503

10 MAY 2017
ICTSI profit jumps 23% in 1st quarter
http://www.bworldonline.com/content.php?section=Corporate&title=ictsi-profit-jumps-23&37-in-1st-quarter&id=144950

09 MAY 2017
ICTSI: Subic port now as productive as flagship Manila port
Read more: https://business.inquirer.net/229084/ictsi-subic-port-now-productive-flagship-manila-port#ixzz4gWos8xeF
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21 APR 2017
ICTSI cleared to put up $30-M Cavite terminal
http://www.philstar.com/business/2017/04/21/1692201/ictsi-cleared-put-30-m-cavite-terminal

18 APR 2017
ICTSI allots $25 million to complete Colombia port
http://www.bworldonline.com/content.php?section=Corporate&title=ictsi-allots-&3625-million-to-complete-colombia-port-&id=143860

17 APR 2017

Razon Down Under

Ports and casino billionaire Enrique Razon Jr. is well known for his business prowess and vision, often embracing risk when others might play safe. That attitude appears to have reaped an early reward for his first port project in Australia.

Under Razon's International Container Terminal Services Inc., the brand-new Victoria International Container Terminal (VICT) at Webb Dock East in the Port of Melbourne was named Smart Infrastructure Project of the year.

This was announced recently at Infrastructure Partnerships Australia-organized National Infrastructure Awards.

VICT topped rival projects "for the significance and role of automation at Australia's largest container port, improving operational capacity and efficiency, as well as the port's ability to service larger capacity vessels."

It beat five other finalists, including Sydney Airport Integrated Operations Centre, The Mega Train Project in Newcastle, and UBERZones in Melbourne. —MIGUEL R. CAMUS

13 APR 2017
ICTSI gears up for expected surge in Subic port activities
http://www.philstar.com/business/2017/04/13/1690224/ictsi-gears-expected-surge-subic-port-activities

24 MAR 2017
Razon's ICTSI to bid for Greece's 2ndlargest port
http://www.bworldonline.com/content.php?section=Corporate&title=razon&8217s-ictsi-to-bid-for-greece&8217s-2supndsup-largest-port&id=142713

15 MAR 2017
ICTSI, PSA open terminal in Colombia
http://www.bworldonline.com/content.php?section=Corporate&title=ictsi-psa-open-terminal-in-colombia&id=142198

07 MAR 2017
Razon's ICTSI to ramp up capacity at Manila container terminal
http://www.bworldonline.com/content.php?section=Corporate&title=razon&8217s-ictsi-to-ramp-up-capacity-at-manila-container-terminal-&id=141737

01 MAR 2017
ICTSI ends Port of Portland contract
http://www.bworldonline.com/content.php?section=Corporate&title=ictsi-ends-port-of-portland-contract&id=141433

15 FEB 2017
ICTSI will no longer renew Brunei contract
http://www.bworldonline.com/content.php?section=Corporate&title=ictsi-will-no-longer-renew-brunei-contract&id=140660

20 JAN 2017
ICTSI unit, Chinese firm to expand Honduras port
http://www.bworldonline.com/content.php?section=Corporate&title=ictsi-unit-chinese-firm-to-expand-honduras-port&id=139358

if i were a short term trend follower*: IMI/INTEGRATED MICRO ELECTRONICS (7.00 A.M., 22 MAY 2017)

Posted: 21 May 2017 04:11 PM PDT

as requested:

remarks:

1. IMI closed lower to 9.80 ... down 2.00% ...

2. resistance: 10.00 - 10.06 ..

3. the macd histogram is above the 0 - horizontal .. but it is lower

4. short term trend followers* should already have sold last friday ... making 10.00 their trail stop (or a little below 10) ... bumaba kasi yun histogram ... bumaba din below 10 yun price ... more likely matigas yun 10 pesos resistance ... (always be ready to sell/buy at whole round numbers .. more likely malakas resistance/support doon .. like 1 peso .. 2 pesos .. 3 pesos .. 4 pesos, etc. - from jesse livermore)

short term trend followers intending to re-enter/enter IMI may have to wait for the histogram to go back to below 0 again ... or they can buy when the 10 peso-resistance is breached (closes above 10) ... buying on breakout (bobo) ... with their cutloss a little below 10 pesos ...

* what is a "short term trend follower"

* these notes are good only for the next trading day ... and NOT for the subsequent trading days

* these notes are mine alone ... and are for sharing with short-term trend followers

for more philippine stock market views and information please check:

FINANCE MANILA

STOCK TRADING IS A VERY SPECULATIVE ACTIVITY ... IT IS NOT SAFE FOR NEWBIES AND OLDIES ALIKE ... LOSING YOUR MONEY IS A REAL POSSIBILITY AT ALL TIMES!

click here for an explanation of the indicators ...

click here for my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose.

in the news: GTCAP/GTCAP/GT CAPITAL HOLDINGS, INC.

Posted: 22 May 2017 01:54 AM PDT

22 MAY 2017
GT Capital bets big on infra
http://www.philstar.com/business/2017/05/22/1702215/gt-capital-bets-big-infra

16 MAY 2017
GTCAP core net income up 12% in Q1
http://www.gmanetwork.com/news/money/companies/610947/gtcap-core-net-income-up-12-in-q1/story/

GTCAP core net income up 12% in Q1

11 MAY 2017
GT Capital sees bright prospects this year
http://www.bworldonline.com/content.php?section=Corporate&title=gt-capital-sees-bright-prospects-this-year&id=145025

02 MAY 2017
'Most beautiful' skyscraper in PH set
http://business.inquirer.net/228653/beautiful-skyscraper-ph-set

25 APR 2017
GT Capital gets BSP approval for additional stake in Metrobank
http://www.bworldonline.com/content.php?section=Corporate&title=gt-capital-gets-bsp-approval-for-additional-stake-in-metrobank&id=144213

19 APR 2017
GT Capital raises stake in Metrobank
https://business.inquirer.net/227948/gt-capital-raises-stake-metrobank

03 APR 2017
GT Capital Full-Year 2016 Net Income Rises 21% to Php14.6 Billion
http://edge.pse.com.ph/openDiscViewer.do?edge_no=31431bd0e97aeaa53318251c9257320d#sthash.943a3fiW.dpbs

31 MAR 2017
GT Capital's P22-B bonds maintain top credit rating
http://www.bworldonline.com/content.php?section=Corporate&title=gt-capital&8217s-p22-b-bonds-maintain-top-credit-rating&id=143037

16 MAR 2017

Expanded Metropolitan Park

Ty family-led GT Capital is one of the few conglomerates with a vertical property arm that has not really embarked on large-scale mixed-use developments, not at the same scale as the new urban hubs or new central business districts being developed by its peers. Instead, the Federal Land has taken a more selective approach, focusing on pocket developments.

This will all change as Federal Land, now under the leadership of former banker Pascual Garcia III, former president of Philippine Savings Bank, recently consolidated vast tracts of land in its Metropolitan Park along Pasay's Manila Bay area. Federal Land consolidated its hold on some 40 hectares of land in this area—which is adjacent to the Pagcor Entertainment Complex and Mall of Asia complex. This gives the property developer 20 hectares of additional prime landbank to build on in the decades to come.

Federal Land has completed master-planning the expanded Metropolitan Park estate, which will have 20 to 22 new office and residential towers and a destination shopping mall. These are on top of 15 residential towers already undergoing various phases of construction.

Suffice to say, this is the biggest urban mixed-use project in Federal Land's growing portfolio, one that will signal its evolution as a bigger property developer reshaping the skyline of the metropolis in the years to come.—DORIS DUMLAO-ABADILLA

Read more: http://business.inquirer.net/226153/bizbuzz-anticompetitive-port-buyout-redux#ixzz4bRUgiRdY
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11 FEB 2017

Toyota cornered 47.8% of the market in terms of sales in January, Friday's data showed. Number two automaker Mitsubishi Motor Philippines Corp. accounted for 16.24%, while Ford Motor Philippines, Inc., 8.28%.
http://www.bworldonline.com/content.php?section=Corporate&title=vehicle-sales-off-to-a-strong-start&id=140491

03 FEB 2017
Toyota registers exports of $841m
http://thestandard.com.ph/business/228328/toyota-registers-exports-of-841m.html

30 JAN 2017
Toyota PHL eyes 10% increase in production
http://www.bworldonline.com/content.php?section=Corporate&title=toyota-phl-eyes-10&37-increase-in-production&id=139774

29 JAN 2017
George SK Ty pays homage to Filipino masters
Read more: https://business.inquirer.net/223709/george-sk-ty-pays-homage-filipino-masters#ixzz4X6wIObk8
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23 Dec 2016
Toyota urges suppliers to ramp up prod'n ahead of new Vios launch
http://www.philstar.com/business/2016/12/23/1655938/toyota-urges-suppliers-ramp-prodn-ahead-new-vios-launch

in the news: SMC/SAN MIGUEL CORPORATION

Posted: 21 May 2017 09:57 PM PDT

22 MAY 2017
SMC power unit to pursue solar-power development
http://www.businessmirror.com.ph/smc-power-unit-to-pursue-solar-power-development/

11 MAY 2017
San Miguel nets P13.8 billion in 1stquarter
http://www.bworldonline.com/content.php?section=Corporate&title=san-miguel-nets-p13.8-billion-in-1supstsup-quarter&id=145028

02 MAY 2017
SMC eyes BRT system
http://www.philstar.com/business/2017/05/02/1695722/smc-eyes-brt-system

01 MAY 2017

SC's RE play

Conglomerate San Miguel Corp., in a major foray into the renewable energy space, said it would push forward with a tidal power project, the first in the Philippines when completed.

SMC president Ramon Ang said the company envisioned a 20,000-megawatt project over a decade, which would help bring down the cost of electricity while cutting reliance on less environment-friendly power options.

Details remained scant at this stage. But based on the timing, SMC wanted to move fast on the project. Ang said they would submit a proposal to the Department of Energy "in the next few weeks." By year-five, SMC should be producing 4,000-MW from its tidal power project.

Tidal energy is a form of hydropower where electricity is produced from the change in water levels from high tide and low tide. Since there are limited sites around the world where a big enough water surge occurs (the US Department of Energy said it should be more than 16 feet), tidal energy projects are less common. France, South Korea, China and Russia are among those with tidal power plants.
Ang said he was unable to name their technology partner at this stage. But he noted the conglomerate's plan has even attracted the interest of Vietnam's trade minister.

He noted the Philippines would come first. "This project is not a maybe-we will do this in the Philippines," Ang said. —MIGUEL R. CAMUS

27 APR 2017
San Miguel sets P554-billion toll road expansion
http://www.bworldonline.com/content.php?section=Corporate&title=san-miguel-sets-p554-billion-toll-road-expansion&id=144359

08 APR 2017
Parts of Regalado Highway to be closed for MRT 7 construction
Read more: http://newsinfo.inquirer.net/887574/parts-of-regalado-highway-to-be-closed-for-mrt-7-construction#ixzz4ddfmDOSd
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05 APR 2017
SMC to list power unit in Q3
http://www.bworldonline.com/content.php?section=Corporate&title=smc-to-list-power-unit-in-q3&id=143287

03 APR 2017
SMC wants Saigon Brewery
http://edge.pse.com.ph/openDiscViewer.do?edge_no=8dcad7033e58acc43318251c9257320d#sthash.ZsJ423WS.dpbs

03 APR 2017
SMC to invest $34 B for new projects
http://www.philstar.com/business/2017/04/03/1687006/smc-invest-34-b-new-projects

29 MAR 2017
SMC plans two Cordillera dams
http://thestandard.com.ph/business/power-technology/232960/smc-plans-two-cordillera-dams.html

17 MAR 2017
San Miguel net income up 80 pct to P52B in 2016
http://news.abs-cbn.com/business/03/16/17/san-miguel-net-income-up-80-pct-to-p52b-in-2016

15 MAR 2017
SMC to offer retail bonds worth P15B
http://business.inquirer.net/226151/smc-offer-retail-bonds-worth-p15b

14 MAR 2017
SMB income up 31% to P17.7 B
http://www.philstar.com/business/2017/03/14/1680774/smb-income-31-p17.7-b

06 MAR 2017
SMC cool to propose conversion of Malaya plant into LNG facility
http://www.bworldonline.com/content.php?section=Corporate&title=smc-cool-to-propose-conversion-of-malaya-plant-into-lng-facility&id=141657