@michelle_d_ong Raymond Yap, Euro-Med Laboratories: Business is doing alright today, we saw a 20-30% drop in sales for 2020, because people were staying away from hospitals. Some hospitals also closed for non-emergency procedures, so they didn't use our IV fluids | via @michelle_d_ong 
@michelle_d_ong #MarketEdge Yap: We started seeing stronger influx of patients in hospitals - but we don't expect to go back to Pre-#COVID19 sales volumes this year yet. We import most raw materials for Injectable fluids from Europe, then allocate around 20-30% for export | via @michelle_d_ong
@michelle_d_ong #MarketEdge Yap: Hemotek Renal (dialysis center) stayed strong even during pandemic, as hospitals moved some of their patients to us, other centers with Philhealth issues also closed -- so our patients increased | via @michelle_d_ong
@michelle_d_ong #MarketEdge Yap: We've had to close around 20 Cafe France branches mostly due to uncooperative lessors, we have 50 more open. We may relocate to better sites with better lessors; resto business starting to pick up | via @michelle_d_ong
@michelle_d_ong #MarketEdge Yap: Because we do both import, export -- impact of weak dollar (and strong peso) tend to be cancelled out for our business; we will continue to launch new products this year | via @michelle_d_ong
@michelle_d_ong John Blank, Zacks Investment Research: US from about early Nov- Jan, back in lockdown, people were all at home, bored stiff — started this turn to Reddit Rooms, there are 8M people in these chat rooms today (from 5-6M), 20-30 year old’s speak crudely, very sophisticated
@michelle_d_ong #MarketEdge Blank: Lots of people in the group have done research, figured out all you have to do is go to a Nasdaq shorts site, pick up top shorted stocks like iRobot or Macy’s, put message board together, 7-day options & blow stock up. It’s brilliant | via @michelle_d_ong
@michelle_d_ong #MarketEdge Blank: Nothing wrong with openly discussing with millions that you are going to do a 7-day call option to call a stock up; others played it during 08 crisis& never got punished, this is just come-uppance for hedge funds, not a lot are sympathetic | via @michelle_d_ong
@michelle_d_ong #MarketEdge Blank: NASDAQ 100, large cap NASDAQ index - 60% of the 50% move last year, was done in 6 stocks. This is what happens, social media focuses attention around a few names and everybody trades them | via @michelle_d_ong
@michelle_d_ong Miko Sayo, Tsupitero: It’s a free market, the retail investors have as much right to push stocks as much as institutional investors; they just picked a stock heavily shorted by institutional, and they got whacked this time around, rarely happens --- but it does happen #MarketEdge
@michelle_d_ong #MarketEdge Sayo: In a long position, max losses is limited to 0, in a short position - your max losses are infinite. That's one of the things that we need to educate public about, the PSE will need to have safeguards | via @michelle_d_ong
@michelle_d_ong #MarketEdge Sayo: We're an infant market, we need to get used to it first, maybe start by limiting short positions into big caps, and less volatile issues; maybe in the future, when market has got a hang of it, can expand to other issues as well | via @michelle_d_ong
@michelle_d_ong #MarketEdge Blank: GAMESTOP had a float coverage of 120% of float; they borrowed, counterfeited 20% more than entire existing shares of stock; it's someone getting loan from bank & burying stock in supply & demand fundamentals with a lot of counterfeit shares | @michelle_d_ong
@michelle_d_ong #MarketEdge Blank: A lot of counterfeit GAMESTOP shares were running through algorithm all day, pounding away at the order book; This is what happens when you allow algorithms to punch a stock up all day, and you just feed those shares into the book | @michelle_d_ong
@michelle_d_ong #MarketEdge Sayo: Although we don't have short selling yet, lot of instances when institutional investors were selling at the bottom & retail investors were picking up these selling orders | @michelle_d_ong
@michelle_d_ong #MarketEdge Sayo: APVI-foreign funds selling from P15 all the way down to P8/share, right now, it's doing 20; retail guys made more money here than foreign funds. Although they don't need to cover positions, but they did sell at lows, retail pushed it up to 30 | @michelle_d_ong
@michelle_d_ong #MarketEdge Sayo: It's in Facebook and social media platforms where info and rumors spread; watch out for people, groups talking about a stock they like or not | @michelle_d_ong
@michelle_d_ong #MarketEdge Blank: We have clearing - DTCC. Broker posts capital for you 2 days before your money shows up on the other side; when there's lot of volatility, they force intermediaries like Robinhood to post huge bonds | via @michelle_d_ong
@michelle_d_ong #MarketEdge Blank: When millions of orders came in for Gamestop, Robinhood didn’t have the money; so they had to get $1-2B overnight to fund purchases done by customers; this is another issue revealed - DTCC is decades behind | via @michelle_d_ong
#MarketEdge Sayo: The gap between institutional investors and retail are getting narrower, with onset of social media & internet connections being faster; there's not much edge anymore between institutional and retail investor in PH | via @michelle_d_ong
#MarketEdge Blank: You have to borrow money to short shares; it’s about making sure you slam the book with a big play, and you need big money to do it, hedge funds have a handle on this stuff that retail people will never get a hold on | via @michelle_d_ong
Victor Limlingan, Regina Capital: We're not anticipating any dramatic moves, expect index to trade within 6600-7100 range; most think the vaccine rollout will be uneven in Q2/Q3; but it's not clear to what extent that will affect earnings #MarketEdge
#MarketEdge Limlingan: Earnings will be uneven, there are winners & losers; banks will do 'less well', NPLs still rising; property also - we will be relying on good old fashioned consumption stories for good news | via @michelle_d_ong
#MarketEdge Limlingan: A lot of companies held out in Q4, its usually strongest because of holiday season; in Q1, we expect to see more capitulation | via @michelle_d_ong
#MarketEdge Limlingan: NPLs are lagging indicators, because of loan moratorium under Bayanihan Law, banks arent able to call unpaid loans as past due yet; they will be able to now -- so expect massive NPL rise this year | via @michelle_d_ong
#MarketEdge Limlingan: We're hoping Red Cross saliva test- giving people and cheaper and painless testing experience will help boost tourism, travel plays somehow | via @michelle_d_ong
#MarketEdge Limlingan likes this stock- which is a niche player in a “slightly frowned upon sector”, to benefit as people move from dense cities to provinces; offers good dividend of around 5% | via @michelle_d_ong
ManageEngine Vice President Rajesh Ganeshan: 2020 was a watershed year; collective struggle with Covid19 and lockdown -- forced digital transformation to accelerate for many businesses; accelerated cloud adoption; Before, 5% of workforce allowed to WFH, that went up to 95%
#MarketEdge Ganeshan: Companies pushing for hybrid approach; before- as long as you were inside office (fortress) they didn’t have keep validating your security protocols; now that most are working outside the fortress, we need zero trust & constant authentication
#MarketEdge Ganeshan: In 2019, digital transformation was an edge, in 2020 - it was a savior; it's no longer an option; MSMEs should not outsource IT / Tech ops, build in-house capacity for this, invest in it | via @michelle_d_ong
#MarketEdge Ganeshan: Enough cloud infra for PH enterprises, challenge is in mental barriers - in training and knowledge of talent pool in adopting new technology | via @michelle_d_ong
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