AB Capital Securities, Inc.

“Cutting Commentary on Common Stocks”

[AB Capital Securities, Inc. @ABCapitalGroup]

“Be fearful when others are greedy and greedy when others are fearful.” - Warren Buffett

[AB Capital Securities, Inc. @ABCapitalGroup]

@BirthdayCoder Apologies for the inconvenience. Our system was attacked by malware and we shut down to contain the virus and prevent the spread to other systems. We’ve since replaced out servers and fortified our firewalls. We hope to be back in operation on Friday. Thank you for your patience.

[AB Capital Securities, Inc. @ABCapitalGroup]

And the best performing Unit Investment Trust Funds for Equities in 2024 were . . .

[AB Capital Securities, Inc. @ABCapitalGroup]

It’s true, we are among the fastest growing economies in the world.

[AB Capital Securities, Inc. @ABCapitalGroup]

We were on our way. And then suddenly . . .

[AB Capital Securities, Inc. @ABCapitalGroup]

OceanaGold announces its IPO just as gold hits a new ALL-TIME high.

[AB Capital Securities, Inc. @ABCapitalGroup]

Thanks to Jollibee and competition for keeping McDo’s prices in check. But then margins must be collapsing, amidst inflation.

[AB Capital Securities, Inc. @ABCapitalGroup]

If you think our stock market has been bad these last few years, try Hong Kong’s . . .

[AB Capital Securities, Inc. @ABCapitalGroup]

Fun fact: Which country’s passport grants its holders entry to the most countries without a visa? Japan and Singapore rank at the top, along with France, Germany, Italy and Spain.

The Philippines ranks 73rd, below Thailand and Indonesia, but above Vietnam and Cambodia.

[AB Capital Securities, Inc. @ABCapitalGroup]

Four straight years of falling stock prices amidst four straight years of rising earnings - stocks must be quite cheap now.

[AB Capital Securities, Inc. @ABCapitalGroup]

@tiktokonmarkets On now, on pilot launch.

[AB Capital Securities, Inc. @ABCapitalGroup]

Close to 60% of Americans own stocks - compared to less than 2% of Filipinos. GStocks now provides instant access to stock trading to over 80 million GCash users.

[AB Capital Securities, Inc. @ABCapitalGroup]

Stock Market value turnover is set to close the year at just USD85 million per day - the lowest in 14 years. Back in 2009, the PCOMP traded at 3000. Cory Aquino passed away, GMA and Noli de Castro were serving their last year in office, and typhoon Ondoy hit the country.

[AB Capital Securities, Inc. @ABCapitalGroup]

In the US, this year’s money was made not in the buying or selling but in the SITTING. Worth remembering when the market here turns.

[AB Capital Securities, Inc. @ABCapitalGroup]

@_rmendoza_ Actually, we are. Q3’s 5.9% number was real, not nominal.

[AB Capital Securities, Inc. @ABCapitalGroup]

With all the Q3 numbers out, it appears that corporate earnings growth was fueled mostly by price increases rather than volume growth. So where did the 5.9% GDP growth number come from?

[AB Capital Securities, Inc. @ABCapitalGroup]

@_rmendoza_ That is what the stats say. But that should’ve created second-round effects by way of salaries and consumption.

[AB Capital Securities, Inc. @ABCapitalGroup]

“Higher for Longer” no longer?
Surging gold prices reflect expectations of a weaker Dollar; which in turn reflect expectations of Fed easing sooner rather than later.

[AB Capital Securities, Inc. @ABCapitalGroup]

Too much of a good thing??

Why do the more prosperous countries appear to be the least active on social media?