Ionics, Inc.
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http://www.pchrd.dost.gov.ph/index.php/n...ommunities
“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”
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Pwidi pero dipindi bro Xiu..
Big Grin Big Grin Big Grin
Good eye sniper, I shoot. You run.


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(07-19-2016, 12:18 PM)yonx103 Wrote: Pwidi pero dipindi bro Xiu..
Big Grin Big Grin Big Grin

Big GrinBig GrinBig Grin

I missed that line. dancing manbanana


Kumusta bro? May ION ka? Malapit na ito. Hehe
“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”
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[Image: ionweeklyjuly29.jpg?w=736]
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Gumalaw. Ayaw ma-stroke. Haha
“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”
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Kailan kaya gising nito? Baka mahimlay na to ng tuluyan. Sad
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Antagal nga eh. Muntik na ako ma-hype dati. Sayang lang ang pera kung nagkataon.
“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”
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Ano plano dito? May nagbbodega ba sanyo nito?
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breakout na ba?

bought sa closing kanina @ 1.81... TP @ 2.10
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3-15

Ionics cleans up plastics manufacturing arm

Laguna-based electronics manufacturing holding firm Ionics Inc. has unveiled a plan to clean up the balance sheet of wholly-owned engineered plastic manufacturing unit Iomni Precision Inc.

In a disclosure to the Philippine Stock Exchange on Thursday, Ionics announced its board’s approval of the equity restructuring of Iomni, with the goal of wiping out the latter’s existing deficit.

This is proposed to be achieved through a decrease in Iomni’s authorized capital stock from P200 million to P60 million by reducing its par value per share from P1 to 30 centavos.

The board of Ionics also approved the conversion of its advances in the peso equivalent of $250,000 to additional paid-in capital in Iomni.

“The resulting reduction surplus together with the existing APIC (additional paid-in capital) will then be utilized to wipe out the existing deficit of Iomni,” the disclosure said.

The capital restrucuring is expected to be approved by Ionics’ shareholders in a meeting to be held on June 19.

Iomni was incorporated in 2000 primarily to manufacture and sell high-precision plastic products, parts, and injection molds and related products. Its capability for gas-assisted plastic injection was cited as the first in the country.

As of 2016, Iomni accounted for 5.4 percent of Ionics’ consolidated revenues.

In 2016, Iomni reported a decline in sales to $2.66 million from $2.96 million in 2015. It incurred a net loss of $357,000 in 2016 compared to a net loss of $149,000 in the previous year.

Ionics, through its subsidiaries, is a one-stop shop electronics manufacturing services provider. Most of its end-products are components and sub-assembly which are eventually used as inputs for the finished products of its customers. The Ionics group focuses on telecommunication, automotive, computer, consumer, plastic, and medical products.


source: http://business.inquirer.net/247690/ioni...turing-arm


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