Price Earnings Ratio: A Guide for Investors

If you are new in investing in the stock market it is easy to be amused how relatively easy it is to make a profit “buy a company when its stock price is low and sell when prices go up”. So as common sense suggests, the most important question to ask yourself when you are […]

SMIC Makes $150M Share Placement

sm investment corp

SM Investments Corporation is raising US$150 million from the placement of primary common shares to institutional investors via a top up placement. In a disclosure to the Philippine Stock Exchange, SMIC said the placement has just been approved by its board of directors. This comes in the heels of the recent issuance of P15 billion […]

Tanduay Holdings plans 3B share issuance

TANDUAY Holdings Inc. is issuing up to 3 billion shares in a massive equity placement to help support a landmark restructuring program that will see the rum-maker transform into the main holding company for the business assets of businessman Lucio Tan. A filing to the Philippine Stock Exchange (PSE) on Thursday showed that Tanduay will […]

Aboitiz Equity reports consolidated net income up 16% in H1

aboitiz equity ventures

Aboitiz Equity Ventures (AEV) on Monday said it registered a first half consolidated net income of P11.8 billion, up 16 percent from a year earlier, mainly lifted by earnings in its power business unit Aboitiz Power Corp. Its power subsidiary accounted for a lion’s share of the income contribution at 79 percent, followed by its […]

Metro Pacific to trade shares in US

metro pacific investment corporation

METRO Pacific Investments Corp. (MPIC), a listed infrastructure holding firm led by businessman Manuel V. Pangilinan, is launching a program that will allow its shares to be traded in the US over-the-counter market to meet growing demand there. In a filing to the Philippine Stock Exchange on Monday, MPIC said it introduced on Monday (8:30 […]

Market sees Tan Group assets at P200B

Three days after Lucio Tan announced that six of his biggest companies into one, the market began to see the assets of the folded firms at a minimum of P200 billion. The first positive reaction to the consolidation was a 113 per cent increase in the price of Tanduay shares from 5.10 on Monday, July […]

PHL’s 2nd richest man Lucio Tan puts all businesses under Tanduay Holdings

The country’s second richest man Lucio Tan is consolidating all his businesses – alcohol, cigarettes, property, banking and airlines – under a single entity listed on the Philippine Stock Exchange. In a disclosure to the PSE, Tanduay Holdings Inc. said it would serve as the holding company for Lucio Tan’s diverse business interests under the […]

SMC group gets P2.1B for 17% Rockwell stake

The San Miguel group has raised about P2.1 billion from the sale of a 17-percent stake in upscale property developer Rockwell Land Corp. to the Lopez group. San Miguel Corp. disclosed to the Philippine Stock Exchange that the sale of 1.04 billion shares of Rockwell at P2.01 per share had been consummated through a cross […]

SM Investments ups retail bond volume to meet demand

bonds

SM Investments Corporation increased its retail bond issue to P15 billion from P10 billion due to strong demand from retail and institutional investors, the company said in a disclosure Monday. The bond issue consist of 6 percent series C bonds due 2019 and 6.9442% Series D Bonds due 2022, SM Investments noted in a disclosure […]

SMIC launches P10B bond offer

sm investment corp

SM Investments Corp. launched Wednesday an offering of P10 billion worth of retail bonds to fund the firm’s expansion of office and hotel property businesses. In a statement, SMIC said the offering of seven- and 10-year bonds, which can be increased to P15 billion, would run until July 6 this year. The launch came after […]