Belle Corporation

Company in Focus : Belle Corporation

Trend : Continued decline of stock price

 

Bel Chart from PSEi

 

From May high of Php 6.03 (May 5, 2014 close) to Php 4.43 yesterday (6.18.14), Bel Stock price sharp decline can be attributed to the transfer of its gaming assets to Sino. On the other hand all Sino non gaming assets is transferred to Bel.  

 

Recommendation : BUY ( Caveat! ) 

The price decline is an over reaction on the part of investing public and an opportunity for a bargain price.

 

Analysts Target Price Recommendations

COLFinancial : Php 6.16
WSJ :  http://goo.gl/9wZpTG

    High = Php 8.00 
    Median = Php 6.85 
    Low = Php 6.16 
   Average = Php 6.96