This year’s market barriers challenges Public Investors

New year market challenge has come to public investors, says Jose Pacifico F. Marcelo, head of investment banking group of First Metro Investment Corp. (FMIC)

It is expected that investors will hold back on parking their hard earned money even though companies pursued healthy run with benchmark index hitting the high note last year.

The Initial Public Offering (IPO) will only be engaged by four companies, and if those markets' plans held last year push through, IPO's of respective companies will only strike P 21 Billion, Marcelo claimed.

IPO is known to be the very first stock of the company and is entrenched for the public for the purpose of individual gaining potential income.

Two immediate issues are the Lush Co., which managed foodcarts business under variety of products where it will be using its IPO to expand the business and Air Asia Philippines is making their way through Philippine Stock Exchange and will be using its IPO to create new cycles and to fund the expansion of business operation.

Lush proposing for the IPO needs to be done by Securities and Exchange Commission within four months, yet Marcelo did not approve the amount of the deal.

Issues this year will become new negotiations but the old ones will not have its possibility to be seen because of various circumstance on PSE.

"On IPO's, we are not optimistic, which is sad because IPOs add depth to the market." Marcelo said.

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