Manila Water Corporation (MWC) – Analysis – February 23, 2017

Manila Water Corporation (PSE:MWC) is currently consolidating inside a very small range. The upper limit is at 30.76 while the lower limit is at 29.32. Those will also be the defined support and resistance levels. It seems that the 15 EMA and 20 SMA are holding on as the support. Volume is relatively thin, which is a sign of consolidation. Some noticeable green volume spikes are also noted suggesting a possible accumulation. RSI and MACD are both neutral in nature.

MWC is only trading at 11.63x annualized 2016 P/E, making it slightly undervalued compared to PSEi’s 19x P/E. MWC is also trading at only 1.47x Price to Book value.

MWC - Daily Chart - February 23, 2017


As of February 23, 2017, at 03:30PM, the volume is 218.29% of the previous trading day.

MWC - Manila Water Corporation - Volume - February 23, 2017

Online Foreign Brokers

From January 13, 2017 to February 23, 2017, 9 out of 11 active online foreign brokers traded MWC.
Online foreign brokers’ Buy Average: PHP30.25
Online foreign brokers’ Sell Average: PHP30.18
Number of net buyers among the participating online foreign brokers: 6 out of 9
CLSA bought the biggest number of shares among online foreign brokers amounting to PHP178,642,370.00.
MORGAN sold the biggest number of shares among online foreign brokers amounting to PHP127,931,955.00.

MWC - Manila Water Corporation - Online Foreign Brokers' Transactions - February 23, 2017

Top 10 Players’ Sentiment

Participants with a 100% Buying and Selling Activity from Jan-13-2017 to Feb-23-2017 at 03:30PM:

9 out of 65 participants or 13.85% of all participants registered a 100% BUYING activity
11 out of 65 participants or 16.92% of all participants registered a 100% SELLING activity
Top 10 Players’ Buying Average: 33.5605
Top 10 Players’ Selling Average: 30.2531

MWC - Manila Water Corporation - Top 10 Players Sentiment - February 23, 2017

Foreign Fund Flow

On a 30-day trading period, MWC is on a Net Foreign Selling worth PHP533,690,270.00.

MWC - Manila Water Corporation - Foreign Fund Flow - February 23, 2017

Risk Level

MWC is a low-risk stock based on our proprietary risk level indicator. Please don’t take this as an absolute indicator of a stock’s risk level. We advise that you calculate your personal reward-to-risk ratio.

MWC - Manila Water Corporation - Risk Level - February 23, 2017

Do you find this analysis helpful? Please let us know your thoughts by commenting below. It might seem insignificant, but it helps more than what you might think.

About the Author
The Stock Signals Philippines is the online news media arm of Equilyst Analytics. Inc., an SEC-registered stock market consultancy firm in the Philippines that guides Filipinos on long-term investing and short-term trading and offers mentoring services.

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