Fitz Aclan: Philex expensive, PNB cheap

In a market analysis interview with ANCs Business Nightly, BDO Trust Assistant Vice President and Equity Strategist Fitz Aclan said Philex Mining, where Hong Kong-based First Pacific Ltd recently became the single biggest shareholder, is expensive at P15.50 per share. He attributed the hike in the mining firms share price on the possibility of a tender offer. Fundamentally, its a bit expensive now. So many things are happening now. It is best to go technical, he said, adding that their ...
Author: TheABSCBNNews; Tags: BDO Fitz Aclan PNB Lucio Tan Philex First Pacific Business deals


















