Quick takes from around the market
Citicore Energy REIT [CREIT 2.84] was flat/unchanged on its second day of trading. Just a reminder that CREIT’s stabilization fund will only spring into action when the price is at (or below) the offer price; it doesn’t help support prices above the offer (like now).
AllHome [HOME 8.48 1.97%] [link] claims sustained 9M/21 growth, thanks to the “resurgence” of the company’s “hard categories” (their words, not mine). HOME aims to achieve a “50-50” split between “hard” and “soft” categories, talks a lot about “hard” and “soft” stuff, but never clearly defines either category. Meow, it feels like a Super Troopers gag to see how many times they could say “hard” in a press release.
PSE [PSE 220.00 0.45%] [link] announced that it would return to “regular” trading hours, starting on March 1. I’m not sure why the PSE is obsessed with going back to the extended schedule. Why make us all wait for the fat cats to eat lunch? It’s not like anything materially changes between 1pm and 3pm to make staying open (and taking an hour-long lunch to do it) worthwhile. What a waste of precious life.
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Merkado Barkada's opinions are provided for informational purposes only, and should not be considered a recommendation to buy or sell any particular stock. These daily articles are not updated with new information, so each investor must do his or her own due diligence before trading, as the facts and figures in each particular article may have changed.
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