PhilWeb Corporation (WEB) was initially incorporated in 1969 as South Oil and Mineral Exploration Co. That time, the company was engaged in mining and oil exploration.
In 2000, WEB changed its name to PhilWeb.Com Inc. and changed its primary purpose as an Internet Company.
In 2003, the company received a license from PAGCOR to launch e-Games stations. These stations are generally internet cafes exclusively for casino game playing.
Market Cap: PHP 1.44 billion
Subsidiaries:
- BigGame Inc
- E-Magine Gaming Corporation
- PhilWeb Asia-Pacific Corporation
- PhilWeb (Cambodia) Ltd;
- Guam Sweepstakes Corporation
Earnings Highlights:
- Revenues shrunk by 84 percent in 2017 versus 2016
- The company suffered a net loss attributable to parent of PHP 293.3 million.
PhilWeb announced earlier that its revenues rose by 165 percent in the first half of 2018 versus the same period in 2017. Revenues stood at PHP 172.6 million with up to PHP 95.1 million coming from the second quarter alone.
The spike in revenues was mainly driven by two factors. Firstly, there was an increase in the number of outlets that availed of the Electronics Gaming System. This includes the installment of two e-Bingo outlets. It now records different outlets in 54 locations.
Secondly, the company launched the Habanero-based games. This led to a handsome Gross Gaming Revenue. The figures include profit from the existing suite of games using RealTime Gaming software.
However, WEB still suffered a loss of PHP 45.6 million. This is significantly lower than the recorded PHP 141.25 million in the same period last year.
TBGI rallied today but was stopped by its immediate resistance. Price is now above the 15 EMA and 20 SMA, but the 50 SMA is still acting as resistance.
Volume profile already seems to lean towards the bulls. MACD is also bullish.
RSI is bullish as well but is at neutral levels. Support is estimated at 5.13 while resistance is expected at 5.70 followed by 6.35.
Volume
As of July 13, 2018, at 03:30 PM, the volume of WEB is 771.49% of the previous trading day.
Remember the correlation between price and volume.
- bullish price + high volume = high sustainability (price)
- bullish price + low volume = low sustainability (price)
- bearish price + high volume = high sustainability (price)
- bearish price + low volume = low sustainability (price)
Risk Level
WEB has a LOW-RISK level due to its risk percentage of 36.40%.
Foreign Fund Flow
WEB registered a Net Foreign Buying worth P9,898.00 as of July 13, 2018.
On a 30-day trading period, WEB is on a Net Foreign Selling worth PHP5,361,393.00.
Top 10 Players’ Sentiment
Trading participants of WEB with a 100% Buying and Selling Activity as of Jul-13-2018 at 03:30 PM:
10 out of 43 participants or 23.26% of all participants registered a 100% BUYING activity
14 out of 43 participants or 32.56% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 5.5097
Top 10 Players’ Selling Average: 5.5020
The psychological average price of the top 10 players as of Jul-13-2018 is from 5.5020 to 5.5020.
What Is the Importance of Knowing the Top 10 Players’ Sentiment?
You need to know the psychological average price of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know the buying average of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know the selling average of the top 10 brokers who have traded a specific stock within a specific time period.
You need to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% buying activity.
You need to know how many brokers, out of all the brokers who have traded a specific stock within a specific time period, registered a 100% selling activity.
The buying and selling averages of the top 10 brokers are a sneak preview of the range of their collective average price.
If you know the psychological average price of the top 10 brokers who have traded a stock, you can calculate in your mind how much more can they probably afford to hold, relative to their collective risk tolerance, should the stock’s price go south.
This is how we mentor our clients who subscribe to our Top Stock Picks.
Not only do we tell them which stocks to buy and when to sell, but we also update them every day about what happened to each stock that we recommend.
We save our customers a lot of time and heartache.
We show them our data-driven basis so they know what we know.
Our customers are not blind-followers but well-informed investors.
Our customers are better investors than most.
When you ask our customers why they buy the stocks that we recommend, you better get your pen and paper handy.
They will not answer, “Because I was told to buy it.”
They will narrate our data-driven basis like how we narrated the summary of our analysis in this article.
At Equilyst Analytics, our customers learn and earn.
Read this article if you want to become a better investor, too.
- Key Prices for PH Bluechip Stocks 30% Above 52-Week Low - June 4, 2024
- May 2024 Market Sentiment Rating of 30 PH Bluechip Stocks - June 3, 2024
- EquiTalks: ICT, BPI, AEV Updates – 5.29.2024 - May 29, 2024
