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Robinsons Retail Holdings Inc.
#1
....IPO na naman Smile salamat kay cleene Smile

Gokongwei group planning IPO for retail unit
By Doris C. Dumlao
Philippine Daily Inquirer


The Gokongwei group plans to bring its privately held retail arm to public hands this year—an exercise that may raise as much as $800 million, newswire Bloomberg reported Friday.

The group of tycoon John Gokongwei declined to comment on the Bloomberg report but talks about the prospective initial public offering (IPO) of Robinsons Retail Group have been circulating in the last few weeks.

Robinsons Retail Group is one of the country’s biggest retailers alongside SM Retail and Puregold Price Club. This exercise is seen riding on the robust consumer play given the bullish Philippine stock market and allow the Gokongweis to unlock values out of the retailing business.

The unit—with 27 years of retailing experience—operates department stores, supermarkets, hardware and home improvement outlets, appliance stores, fashion specialty stores and the toy store Toys R’ Us.

“If this pushes through, it will be a welcome addition to the sector where there are too little options to pick from and most names already trading at stretched valuations,” investment bank UBS Philippines said in a commentary Friday.

“In terms of size, Robinsons Retail is definitely one of the largest in the country. It operates 35 department stores, compared to SM’s 46. It has 73 supermarkets, compared to SM’s 156 total grocery store count and Puregold’s 171. Ministop operates 362 stores versus 7-Eleven’s 829,” UBS said. “The Gokongwei family earlier revealed plans to expand its retail business more aggressively.”

The Gokongwei group controls several other publicly listed Philippine companies—conglomerate JG Summit Holdings, food group Universal Robina Corp., property developer Robinsons Land Corp. and budget carrier Cebu Air.

http://business.inquirer.net/122541/goko...etail-unit


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#2
nice...solid ang mga Gokongwei stocks...mukhang ok mga IPOs ngayon hehe sana makapulot nito...pati yung planong IPO ni Andrew Tan Big Grin
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#3
umuulan ng IPO XD
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#4
kala ko kasama na ang bisnes na ito ng mga gokongwei sa rlc, di pa pala.
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#5
Waiting in vain ako dito. pero di ba kasali ito sa RLC???
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#6
(05-19-2013, 11:46 AM)android25 Wrote: nice...solid ang mga Gokongwei stocks...mukhang ok mga IPOs ngayon hehe sana makapulot nito...pati yung planong IPO ni Andrew Tan Big Grin

ano yung IPO ni Andrew Tan?? share info please Big Grin
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#7
(05-20-2013, 01:06 AM)BaboyLee Wrote:
(05-19-2013, 11:46 AM)android25 Wrote: nice...solid ang mga Gokongwei stocks...mukhang ok mga IPOs ngayon hehe sana makapulot nito...pati yung planong IPO ni Andrew Tan Big Grin

ano yung IPO ni Andrew Tan?? share info please Big Grin

eto bossing napost na ito nitong nakaraan c/o comm Big Grin

http://www.stockmarketpilipinas.com/thread-1186.html
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#8
nice. may aabangan na naman Big Grin
"A man should look for what is, and not for what he thinks should be." - Albert Einstein
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#9
GOKONGWEI-LED Robinsons Retail Holdings, Inc. has bagged Securities and Exchange Commission (SEC) authorization for what could be this year’s biggest initial public offering (IPO).

SEC Secretary Gerard M. Lukban said the firm’s IPO application, filed last July, was approved on Friday by the commission en banc. The listing will still have to be okayed by the Philippine Stock Exchange, whose officials were not immediately available for comment.

...fulll article here http://www.bworldonline.com/content.php?...d&id=75845
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#10
im not very comfortable with this IPO. first, because of current volatility. second, because of what happened to CEB's own IPO before. are gokongwei's pricing their IPO's too high?
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