San Miguel Corporation
#31
SMC forms P100-M unit for alternative fuels business
By Zinnia B. Dela Peña (The Philippine Star) Updated September 05, 2011 12:00 AM


http://www.philstar.com/Article.aspx?pub...eId=723774
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#32
@aidz, i think short term P140 muna for SMC hehe maybe next year we will see a P180? hehe
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#33
San Miguel Corp. (SMC)
Recommendation: Buy

AB CAPITAL Securities, Inc. has advised investors to buy shares in San Miguel Corp. given the company’s strong fundamentals and the stock’s cheap valuation

http://www.bworldonline.com/Research/sto...p?id=0824a
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
Reply
#34
Posted on September 07, 2011 10:04:02 PM
San Miguel establishes new power unit


SAN MIGUEL Corp. has signaled a continued move into growing its energy business, this time by creating a new power unit, even as a state agency called for increased monitoring of the conglomerate’s dominance in the sector.

http://www.bworldonline.com/content.php?...t&id=37900
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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#35
hmmm what's this news about voluntary delisting ng SMC?
cash is king ... ako ang alas (bawal tularan ... nakamamatay)
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#36
San Miguel Considers Delisting, Buyback

San Miguel Corp. (SMC), the Philippines’ biggest listed company, is considering buying back its traded shares to become a privately held corporation, saying disclosures have hampered acquisition plans.
Buying back the shares may cost about $800 million, President Ramon Ang said in an interview yesterday. San Miguel had a public float of 14 percent as of May 5, it said in a statement at the time. That’s worth about 40 billion pesos ($946 million) based on today’s share price.
The food and beverage company that’s expanding into oil refining, power retailing and infrastructure is also in talks to buy an overseas company with an enterprise value of $10 billion, Ang said. The target has a “potential free cash flow of between $2 billion and $3 billion a year,” he said. The discussions may take “a few more months,” Ang said.
Compliance with the Philippine Stock Exchange’s requirements on disclosures has sometimes made it difficult for San Miguel to make purchases, Ang said. The Philippines’ most acquisitive company, which started as a brewer more than a century ago, seeks to triple the 7 percent return on equity it gets from its traditional food and drinks businesses.

more on...
http://www.bloomberg.com/news/2011-09-08...llion.html

"“You can’t cross a sea by merely staring into the water.” -Rabindranath Tagore
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#37
Mr. Ang, gawin mo munang 200/share ang SMC before you delist your precious company Big Grin
"“You can’t cross a sea by merely staring into the water.” -Rabindranath Tagore
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#38
^^ why would he do that? e di lalaki babayaran nya sa pag buyback Tongue
buy high, sell higher!

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#39
hmmm at dahil dito, may naaamoy ba kong bilihan galore hanggang sa panahon na i-buy back ni RSA ang lahat ng shares? Angel
cash is king ... ako ang alas (bawal tularan ... nakamamatay)
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#40
San Miguel to Remain as Listed Company in Philippines, President Ang Says
By Cecilia Yap and Ian Sayson - Sep 8, 2011 5:26 PM GMT+0800

http://www.bloomberg.com/news/2011-09-08...llion.html
the key to trading success is to focus on how much money is at risk, not how much money you can make.

trading is simple, but it's not easy. if you want to stay in the business, leave hope at the door, focus on specific setups, and stick to your stops.
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