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  Golden Haven Memorial Park, Inc
Posted by: Gavh1208 - 06-12-2016, 04:42 PM - Forum: StockTraders' Lounge - Replies (30)

THE Villar family’s cemetery business arm Golden Haven Memorial Park has set its initial public offering (IPO) price at P10.50 per share, firming up its stock debut size at P778.23 million.

Based on a disclosure to the Philippine Stock Exchange (PSE) on Friday, Golden Haven’s price per share for the IPO had been slashed from the earlier maximum price of P10.62 per share.

The PSE approved the IPO earlier in the week. Asian Alliance Investment Corp. is mandated as the issue manager and sole underwriter for this offering, which will run from June 16 to 22.

Golden Haven was given authority to sell up to 74.117 million new common shares.

Proceeds from the IPO will be used to develop the company’s landbank in Cebu, Iloilo, Cagayan de Oro, Zamboanga, Bulacan and San Exekiel as well as for the acquisition of new land in Iloilo, Bambang (Nueva Vizcaya) and San Fernando, Pampanga.

Golden Haven plans to undertake land and site development of underdeveloped areas in existing memorial parks, pursue more land acquisition as well as construct new memorial chapels and crematory facilities within the Golden Haven Las Pinas Park.

This capital-raising exercise will bring to public hands about 15 percent of Golden Haven’s outstanding stocks after the IPO, during which there will be 494.12 million common shares outstanding.

Golden Haven will be listed on the main board of the Philippine Stock Exchange on June 29.

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  Italpinas Development Corporation
Posted by: Gavh1208 - 11-15-2015, 11:38 AM - Forum: StockTraders' Lounge - Replies (28)

PROPERTY DEVELOPER Italpinas Development Corp. (IDC) on Friday announced the final offer price for its maiden share sale this month, pegging it 14% lower than the initial maximum price.

“In relation to the initial public offering (IPO) of 57,622,000 common shares of Italpinas Development Corp., we would like to inform you that the final offer price of the IDC IPO is P3.60, amounting to a total issue size of P207.43 million,” Unicapital, Inc. Managing Director Leonardo R. Arguelles, Jr. wrote in a Nov. 12 letter to the Philippine Stock Exchange (PSE), a copy of which was uploaded on the bourse’s Web site.

“The offer price is based on the concentration of orders of QIBs (qualified institutional buyers),” he explained in a mobile phone reply on Friday.

Unicapital was tapped as issue manager and underwriter of the transaction.

The P3.60 offer price is lower than the P4.20 maximum price the company initially announced. It will allow the property developer to raise up to P207.44 million, from up to P242 million originally.

The shares to be offered comprise 26% of the company’s outstanding capital stock.

The PSE approved the company’s first-time share sale in its board meeting on Nov. 11, along with the applications of two other IPO hopefuls: real estate and construction company D.M. Wenceslao & Associates, Inc. and diversifying construction firm Datem, Inc.

Italpinas’ offer period is scheduled to run from Nov. 23-27, and the shares will be listed on the Small, Medium and Emerging Board on Dec. 7.

Italpinas is the company behind Primavera City, a mixed-use project consisting of seven residential and commercial buildings in Cagayan de Oro City. Primavera integrates into its design eco-friendly features such as rooftop solar panels to generate part of the buildings’ electricity supply and reducing power use by maximizing natural light and wind ventilation.

The firm is acquiring a property in Sto. Tomas, Batangas where the company plans to undertake a mid- to high-rise residential project. The company also plans more projects in Lipa, Batangas; Cagayan de Oro, Misamis Occidental; Subic, Zambales, Montelago, Oriental Mindoro; Dumaguete, Negros Oriental; and Iloilo City, Iloilo.

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  Metro Retail Stores Group Inc.
Posted by: Ollie - 10-16-2015, 09:07 AM - Forum: StockTraders' Lounge - Replies (90)

Metro Retail IPO gets go-ahead

METRO Retail Stores Group, Inc. of the Gaisano family has hurdled all regulatory approvals for its up to P6.17-billion initial public offering (IPO), even as the timetable of the share sale has been slightly pushed back.

The Philippine Stock Exchange (PSE) approved on Wednesday the first-time share sale of the Visayan retail giant, according to a notice posted on its Web site yesterday.

The multi-format retailer is selling up to 920 million new shares and another 92 million secondary shares, in case of strong demand, at a maximum price of P6.10 apiece.

Post-IPO, Metro Retail Stores will have a market capitalization of P21 billion. The company will have a public float of 26.71%.

The retailer tweaked the timetable of the IPO, with the final price to be determined on Nov. 5. The offer period will run from Nov. 19 to 23.

The shares will be listed on the Main Board of the PSE on Nov. 24 under the trading symbol “MRSGI.”

Under the original timetable, Metro Retail Stores was eyeing to schedule the offer period from Nov. 2 to 6. Trading of the shares was supposed to commence on Nov. 12.

BPI Capital Corp. and Deutsche Bank A.G., Hong Kong Branch were tapped as joint global coordinators and lead underwriters.

Net proceeds from the primary offering will be used for the expansion of store network, establishment of a consolidated logistics and distribution center, and working capital requirements.

Metro Retail Stores is the third company to join the PSE this year after Crown Asia Chemicals Corp. and SBS Philippines Corp.

The retailer’s IPO kick off a busy fourth quarter in terms of equity offerings as corporates rush to the stock market to take advantage of the window of opportunity presented by bets on a delay in the interest rate hike in the United States.

Aside from Metro Retail Stores, the other IPO hopefuls are -- D.M. Wenceslao & Associates, Inc. (P21.7 billion), DATEM, Inc. (P4.66 billion), Pointwest Technologies Corp. (P2.09 billion), TVI Resource Development Phils., Inc. (P1.51 billion), Philippine Primark Properties, Inc. (P1.2 billion), Italpinas Development Corp. (P242 million); Gweilo Corp. (P95 million); Philstocks Financial, Inc. (P190 million); and Green Power Panay Philippines, Inc. (P290 million).


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  Datem Inc.
Posted by: Ollie - 08-24-2015, 03:51 PM - Forum: StockTraders' Lounge - Replies (7)

...thanks Cleene for requesting

Construction firm Datem files for P4.65-B IPO

MANILA - Philippine home builder and construction company Datem Inc has filed a draft prospectus with market regulator for an initial public offering (IPO) to raise up to P4.65 billion ($100 million).

Datem plans to offer up to 286.13 million common shares at a price of up to P14.15 per share, with an over-allotment option of up to 42.92 million shares.

The final price will be fixed on Nov. 12 ahead of the Nov. 16-24 offer period. Datem's shares will list on the Philippine Stock Exchange on Nov. 27.

The proceeds will be used for capital expenditures, including the purchase of construction equipment, land banking and new projects, Datem said.

The 31-year-old company posted a net income of P141.81 million in the first-half, compared with P153.43 million a year earlier, it said in the prospectus.

BPI Capital Corp. and First Metro Investment Corp. are the joint lead underwriters and bookrunners.


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  SBS Philippines Corp
Posted by: Ollie - 07-24-2015, 11:15 AM - Forum: StockTraders' Lounge - Replies (58)

...thanks Cleene for the request

PSE okays SBS IPO; sales start July 28

The Philippine Stock Exchange has approved the planned R1.16-billion initial public offering of SBS Philippines Corporation, a chemical firm owned by the Sytengco family.

PSE documents show, SBS is planning to offer 420 million common shares, at a maximum offer price of R2.75 apiece, equivalent to 35 percent of the company’s outstanding capital after the IPO.

The final offer price will be set on today (July 24) while the offer period will be from July 28 to August 3, 2015. The target listing date is on August 10, 2015.

Proceeds of the initial public offering (IPO) will be used to fund the expansion of the firm’s current product offering, partially retire a term loan, and fund working capital.

SBS Philippines is considered one of the major chemical traders and distributors in the Philippines, supplying more than 1,800 customers with over 3,000 chemical products sourced from 500 suppliers.

Used in more than 140 different industries, its products are supplied to all areas of industry throughout the Philippines and Southeast Asia.

The Sytengco family currently owns directly and indirectly 93.2 percent of the company. After the planned IPO, the family’s stake in the company is expected to be reduced to 60.6 percent.

The Sytengco family’s chemical business started in 1970 with a two-story office and warehouse building in Sta. Cruz, Manila and only 10 employees.

The company was then involved in selling imported industrial chemicals to small and medium-sized manufacturing companies.


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  Crown Asia Chemicals Corp
Posted by: Gavh1208 - 04-15-2015, 02:57 PM - Forum: StockTraders' Lounge - Replies (73)

1989: Crown Asia Chemicals Corporation (formerly Crown Asia Compounders Corporation) was registered with the Securities and Exchange Commission in February 1989 as a manufacturing company of plastic compounds and other plastic products.
1990: Commercial operations began in June 1990 with 22 employees at its plant in Guiguinto, Bulacan with a capacity of 1,800 metric tons a year.
1994: The company’s PVC compounds was accredited and recognized under the U.S. Underwriters Laboratories (UL) Label for exports directly and indirectly to wire and cable companies in the United States of America. In the same year, the company also started exporting its PVC compounds.
1998: Compounds Division was granted the ISO 9002:1994 Certification by QMS International for its commitment to maintain the highest level of quality of its PVC compounds.
1998: The company started its Pipes Division. Using the latest German machinery and technology, the company expanded into the manufacture of PVC pipes under the brand “Crown Pipes” with Crownflex unplasticized PVC (uPVC) flexible electrical pipes.
2000: The company introduced Crown Electrical Conduit pipes with Crown Supreme thick wall pipes and Crown Hi-Tech pipes. The company likewise started the manufacture of Crown Blue potable water pipes.
2002: Crown Sanitary pipes were produced with the distinction of having the built-in UV Protection for superior and longer-lasting drain-waste-vent (DWV) pipes.
2003: The company expanded the application of its PVC compounds for use in packaging, IC tubes, films and bottles, doors and window profiles.
2006: The company started manufacturing telecom and pressure main pipes, and introduced HDPE pipes.
2009: The Pipes Division was awarded its ISO 9001:2000 Certification from Certification International on June 26, 2009 for operating a quality management system in the manufacture and distribution of uPVC potable water, electrical, sanitary, multipurpose, pressure main pipes and fittings.
2010: Its Compound Division received its ISO 9001:2008 Certification on April 7, 2010 for operating a quality management system in the manufacture and distribution of thermoplastic compounds.
2010: Crown Pipes updated its certification from ISO 9001:2000 to ISO 9001:2008, and the certificate for the updated certification was issued on July 16, 2010.
The company has two operating divisions, namely the Compounds Division and the Pipes Group. The Pipes Group is set to expand by launching its second division for the manufacture of PP-R and HDPE pipes.
2014: On its 25th year, Crown Asia Chemicals Corporation has established itself into one of the leading manufacturer of thermoplastic compounds supplying both local and export markets. It has also established the “Crown Pipes” brand as a trusted supplier of world class quality pipes to the building and construction, telecommunications and infrastructure projects in the Philippines.

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Question SURVEY: Which do you prefer, cash dividend or a stock dividend?
Posted by: INDO - 03-29-2015, 12:37 AM - Forum: StockTraders' Lounge - Replies (14)

Survey lang po. sana lagyan nyo din pala ng reason Smile

Salamat po.

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  Pryce Corporation
Posted by: Ollie - 03-16-2015, 11:09 AM - Forum: StockTraders' Lounge - Replies (166)


Pryce Corporation (PPC), formerly Pryce Properties Corporation, is a property holding and real estate development company incorporated on September 7, 1989. The Company concentrates its operations in Mindanao and is involved in the development of memorial parks; in the past, it had developed residential and commercial properties. It isalso engaged in hotel operations. PPC owns and operates memorial parks in Mindanao'smajor cities such as, Cagayan de Oro, Iligan, Ozamiz, Dipolog, Zamboanga and Davao.It also has smaller-sized memorial parks appropriate for Mindanao's secondary cities or major municipalities, namely, Manolo Fortich and Malaybalay in Bukidnon, Malita inDavao del Sur, Bislig in Surigao del Sur and Alabel, Saranggani. PPC also has convention hotel called Pryce Plaza in Cagayan de Oro City. The hotel has an in-house marketing/selling staff, one located at the hotel and another based at the Company's head office in Makati City. PPC's lone subsidiary is Pryce Gases, Inc., which produces and sells industrial gases,and engages in the importation and distribution of liquefied petroleum gas under the PryceGas brand name.On July 9, 2004, PPC filed a petition for rehabilitation with the Regional Trial Court(RTC) of Makati after experiencing in previous years, a series of downturns in its realestate revenues resulting in its inability to service maturing bank debts. On December 1,2004, an appointed receiver submitted to the court its recommended rehabilitation plan,which was approved by the RTC of Makati on January 17, 2005.

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  Stores Specialists Inc. Group Inc.
Posted by: Ollie - 10-23-2014, 03:02 PM - Forum: StockTraders' Lounge - Replies (397)

SSI Group, Inc. (SSI) was registered with the Securities and Exchange Commission (SEC) on April 16, 2007 to carry on a principal business of brand management and specialty retailing of established international brands. On August 29, 2014, the SEC approved the change in corporate name from Casual Clothing Specialists, Inc. to the present one as well as the change in primary purpose as a retail company to that of a holding company.

The Company's brand portfolio can be classified into five categories, namely luxury and bridge; casual; fast fashion; footwear, accessories and luggage; and others, which include home furnishing and accessories, interior design items, food, and personal care. SSI represented 114 brands as of December 31, 2016 consisting of brands such as "Hermes"; "Gucci"; "Salvatore Ferragamo"; "Zara"; "Bershka"; "Stradivarius"; "Old Navy"; "Lacoste"; "GAP"; "TWG"; "SaladStop!"; "Samsonite"; "Payless ShoeSource"; "Muji"; "Pottery Barn"; and "FamilyMart". SSI's retail network consists of 708 stores located within approximately 82 major malls across the Philippines.

In March 2016, in line with the desire of SSI and its subsidiaries to focus its resources on specialty retailing and convenience store businesses, the group sold the fixed assets and equipment of SIAL Specialty Retailers, Inc.'s (SIAL) Wellworth department stores to Metro Retail Stores Group, Inc. SIAL is a joint venture company owned 50% each by SSI and Ayala Land, Inc.

As of the end of 2016, the company has one direct wholly-owned subsidiary, Stores Specialists, Inc.

Source: SEC Form 17-A (2016)

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  Xurpas Inc.
Posted by: Ollie - 10-12-2014, 09:39 PM - Forum: StockTraders' Lounge - Replies (284)

Incorporated on November 26, 2001, Xurpas, Inc. (X) is a technology company specializing in the creation and development of digital products and services for mobile end-users, as well as the creation, development and management of proprietary platforms for mobile operators. The Company provides mobile marketing and advertising solutions integrated in these consumer digital products and platforms for the consumption of mobile users. The Company is also engaged in platform development and customization, system integration, mobile platform consultancy services, management of off-the-shelf application and social media related services.

The Company is a party to content provider agreements with Smart Communications, Inc., Globe Telecom, Inc. and Sun Cellular. Under these arrangements, X is primarily responsible for conceptualizing, designing, sourcing, generating, and maintaining (including, where necessary, de-bugging) mobile consumer content and services that its client may avail of for distribution to or access, subscription or use by its mobile phone subscribers.

In March 2016, the Company incorporated Xurpas Enterprise Inc. to primarily engage in the business of software development. In October of the same year, Xurpas acquired 100% stake in Art of Click Pte. Ltd, a company registered under the laws of Singapore and engaged in the business of mobile media advertising that offers a marketing platform for advertisers.

As of December 31, 2016, X has five subsidiaries namely, Xeleb Technologies Inc.; Storm Technologies, Inc.; Seer Technologies, Inc.; Xeleb Inc.; Yondu, Inc.; and six affiliates namely, PT Sembilan Digital Investama; MatchMe Pte Ltd.; Micro Benefits Limited; Altitude Games Inc.; Altitude Games Pte Ltd; and Zowdow, Inc.

Source: SEC Form 17-A (2016)

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