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Stocks, Mutual Funds, Forex, Finance Philippines

Best Philippine Stocks to Buy (Stock Picks)We bring you another set of broker recommendations for the month of March 2013.

Last time, we wrote about the January 2013 buy-or-sell recommendations of Maybank ATR Kim Eng and CitisecOnline. This time, Maybank ATR Kim Eng, a Malaysian bank that partnered with a Philippine brokerage firm, has more stock updates as of March 11, 2013.

About the Broker

Maybank ATR Kim Eng is a diversified financial services conglomerate listed at the Philippine Stock Exchange with “MAKE” as its stock trading symbol. Its principal shareholder is Maybank Kim Eng Holdings Limited, a leading securities and investment broking group in Asia.

Top Stock Picks — Buy (as of March 11, 2013)

The top 10 stock picks of Maybank ATR Kim Eng, as of March 11, 2013 are as follows. The current prices, target prices, and upside potential of each stock pick are summarized below.

BUY Company Stock Code Sub-Sector Target Price March 11, 2013 Price % Potential Increase (Upside)
1 PHILEX MINING PX Mining 34.54 19.10 80.84%
2 AYALA CORPORATION AC Holding Firms 780.62 563.00 38.65%
3 METROBANK MBT Banks 142.00 115.90 22.52%
4 SAN MIGUEL PUREFOODS PF Food, Beverage & Tobacco 370.00 303.00 22.11%
5 GLOBE TELECOM GLO Telecommunications 1,342.00 1,178.00 13.92%
6 RIZAL COMMERCIAL BANKING CORP RCB Banks 72.50 65.90 10.02%
7 UNIVERSAL ROBINA CORP URC Food, Beverage & Tobacco 108.00 98.20 9.98%
8 PEPSI-COLA PRODUCTS PHILS. PIP Food, Beverage & Tobacco 7.20 6.56 9.76%
9 METRO PACIFIC INVESTMENTS MPI Holding Firms 5.68 5.39 5.38%
Stocks, Mutual Funds, Forex, Finance Philippines

Stock Recommendations — Sell (as of March 11, 2013)

The broker also has a list of stocks that they believe is currently overpriced and must be sold. Here is a summary of Philippine stocks with a “Sell” recommendation.

SELL Company Stock Code Sub-Sector Target Price March 11, 2013 Price % Potential Decrease (Downside)
1 SM DEVELOPMENT CORP SMDC Property 4.24 8.69 -51.21%
2 TRANS-ASIA OIL TA Electricity, Energy, Power & Water 1.60 2.53 -36.76%
3 ALLIANCE GLOBAL INC AGI Holding Firms 17.61 22.20 -20.68%
4 MEGAWORLD CORP MEG Property 3.16 3.90 -18.97%
5 DMCI HOLDINGS DMC Holding Firms 46.19 54.00 -14.46%
6 CHINABANK CHIB Banks 58.00 66.35 -12.58%

Disclaimer

PinoyMoneyTalk is not, in any way, affiliated with said broker. We do not stand to gain anything by publishing this report. Be advised that the data and content presented above are for information purposes only and are not intended as a solicitation to buy or sell the securities mentioned. They are also not meant to provide personal investment advice to readers of this article.

Investing in stocks is risky and loss of capital is a possibility. Past performance is not and cannot be a guarantee of future returns. Read and understand how the stock market works before investing your money.

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