MARKET HEADLINE: SHORT SELLING BY OCTOBER

PhilWeb Corporation
#1
Business Profile:

PhilWeb Corporation (WEB) was originally incorporated in August 20, 1969 as South Seas Oil & Mineral Exploration Development Co., Inc., a company mainly engaged in mining and exploration. It later changed its name to South Seas Natural Resources, Inc. on March 29, 1984. In 2000, the company again changed its corporate name to PhilWeb.Com, Inc., together with its primary purpose from a mining and oil exploration company to that of an internet company. In 2002, WEB changed its corporate name to the present one and included gaming business as one of its secondary purposes.

WEB's projects consist of the operation of PAGCOR se-Games cafes, BigGame, Inc., Basketball Jackpot, NBA Ending, Basketball 38, MegaSportsWorld sports bets, and Instant Premyo sa Resibo, among others. The company is currently working on additional projects such as BPO services for online casinos, proximity card system, and TV gaming.

Source: SEC Form 17-A (2010)



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#2
“PhilWeb Gets Mobile Gaming License from East Timor.”

PhilWeb Corp., the country’s first and largest listed online technology firm, announced today that it had received a mobile gaming license from East Timor. The license enables PhilWeb to immediately launch a suite of mobile games, including SMS-based instant win. These products will be launched under the brand name Gold Mobile.

PhilWeb president Dennis Valdes noted that this was a key milestone in the company's push to expand in the Asia Pacific region. "Our track record in mobile gaming was critical to the government of East Timor in granting us this license," he noted. PhilWeb launched the SMS-raffle "Premyo Sa Resibo" in 2005, and in the past six years has received over 175 million text entries and given out over P165 million in prizes.

PhilWeb will be working closely with the leading telco in East Timor to immediately launch Gold Mobile to their subscribers.

Valdes also noted that their expansion into Asia Pacific has been very successful so far. "As previously noted, we have signed joint venture agreements with partners in Cambodia, Laos, Guam and Palau,
countries where we have now set up subsidiaries to start up business. We are also actively narrowing our search for partners in Vietnam, Nepal, India, Sri Lanka and in other countries in the region. This year
will be a banner year for PhilWeb's Asia Pacific division, as it expands the company's business into markets beyond our Philippine borders."

http://www.pse.com.ph/html/disclosure/pd...33_WEB.pdf
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#3
Posted on November 14, 2011 09:49:12 PM

Virtual gambling operator hikes Q3 income


VIRTUAL GAMBLING operator PhilWeb Corp. yesterday posted P176.42 million in net income for the third quarter, a 23% increase from the P143.75 million it incurred last year.

http://www.bworldonline.com/content.php?...e&id=41600
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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#4
February 27, 2011 | Manila, Philippines

Stock Pick
Stock Pick: PhilWeb Corp. (WEB)
Recommendation: Long-term buy

ONLINE gaming operator PhilWeb Corp. was given a “long-term buy” tag by brokerage firm Accord Capital Equities Corp. amid rising profits.

http://www.bworldonline.com/Research/sto...p?id=0901a
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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#5
Accumulation ongoing. In anticipation for the cash and stock dividend on May?
And a man, a man provides. And he does it even when he's not appreciated, or respected, or even loved. He simply bears up and he does it. Because he's a man.

- Gus Fring
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#6
Posted on April 19, 2012 11:16:04 PM

PhilWeb aims to double profits after Q1 increase

ROBUST OPERATIONS abroad drove online gambling firm PhilWeb Corp. to record a 40% profit rise in the first quarter, the company yesterday said.

http://www.bworldonline.com/content.php?...e&id=50311
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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#7
From Philstar today:

...Meanwhile, the stockholders of PhilWeb approved an earlier board action to declare a 20 percent stock dividend payable on May 30, 2012 for shareholders on record as of May 4, 2012.

Valdes noted that the stock dividends will be issued to the stockholders just two months after the stockholders received a cash dividend of 10 centavos per share last March 16. “We are happy to be able to give to our stockholders some of the profits earned by the company as a reward for the trust they have reposed in the company over the years” said Valdes.

Last year, PhilWeb paid out two cash dividends, totaling 20 centavos per share, doubling the amount of dividends it paid to its stockholders in 2010.


Mukhang marami praise release and Web na ire.

http://www.philstar.com/Article.aspx?pub...eId=798685
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#8
parang ABS pala galaw nito...
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#9
(04-20-2012, 11:59 AM)chu Wrote: parang ABS pala galaw nito...

good to buy ba chu?Smile
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#10
^ parang sideways to up ito pero sa oscillator cycle top na siya nosteng.
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