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Is First Gen An Overlooked Power Play That Deserves A Re-Rating?

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The post was originally published here.

Highlights:

    • Resolving gas supply issues ensures longevity
    • A pioneer in renewable energy should be future proof
    • Undemanding valuation could lead to re-rating

Q1 2022 hedge fund letters, conferences and more

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First Gen’s revenue breakdown 2020

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Price and volume turned bearish

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  • Throughout the past year, the share price fluctuated around PHP30
    • Recently, the 50DMA has fallen below the 200DMA, suggesting a bearish signal
  • Volume RSI has fallen below the 50%-line; hence, not...

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