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JG Summit Holdings, Inc.
#11
JG Summit makes it to Forbes Asia' Fab 50 list

MANILA, Philippines - Gokongwei-owned JG Summit Holdings Inc. is the only Philippine company that made it to Forbes Asia's Fabulous 50 list of best publicly-traded companies in the region.

The magazine's Fab 50 list takes into account companies with at least $3 billion in revenue or market cap and five-year track records for revenue, operating earnings, return on capital, recent results, share price movements and outlook. However, companies with too much debt or where the government owns half the shares are excluded.

JG Summit Holdings, with a market value of $3.9 billion and sales of $2.7 billion, is a newcomer to Forbes Asia's Fab 50 list.

Last year, JG Summit saw net profits double to $374 million. The company, founded by John Gokongwei Jr., started in 1957 with a cornstarch plant in Manila and now businesses in real estate, hotels, petrochemicals, banking and airlines. Cebu Pacific, its budget carrier, went public in 2010 and raised $623 million.

Forbes Asia said companies based in China dominated this year's Fab 50 list with 23, up from 16 last year, which showed the increasing trend of Chinese corporate dominance.

No country has ever had that many companies in Forbes Asia's Fabulous 50 list, since the magazine started spotlighting the region's biggest and most profitable 50 companies in 2005. China only had 5 companies in the 2005 list and 2 in 2006.

Among the Chinese newcomers were Qingdao Haier, the world's No. 1 white goods brand; Zhongsheng Group Holdings, a car dealership chain; and China Merchants Bank, which posted highest annual net profits of the Fab 50 companies.

South Korea had eight companies in the list, mostly chaebols such as Samsung Engineering, CJ Cheiljedang, Hyundai Glovis and LG Household & Healthcare.

For the first time, no Japanese company made it to the Fab 50 list, partly due to the March earthquake. This is a far cry from six years ago, when Japan led with 13 companies.


Source: abs-cbnnews.com

http://www.abs-cbnnews.com/business/09/1...ab-50-list
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#12
JG Summit lone Phl firm in Forbes' elite list
(The Philippine Star) Updated September 16, 2011 12:00 AM

http://www.philstar.com/Article.aspx?pub...eId=727543
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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#13
Fab 50? aye

[Image: jgs092111.png]


You do not require an invitation to make profits
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#14
Gokongwei group in for better times
By: Doris C. Dumlao
Philippine Daily Inquirer
12:19 am | Friday, September 30th, 2011

http://business.inquirer.net/22145/gokon...tter-times
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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#15
October 3, 2011 | Manila, Philippines
Stock Pick

JG Summit Holdings, Inc. (JGS)
Recommendation: Buy

LOCAL brokerage firm Regina Capital Development Corp. has advised investors to buy shares in JG Summit Holdings, Inc. given the conglomerate’s good technical indicators and the likelihood of better profits in the latter part of the year.

http://www.bworldonline.com/Research/sto...p?id=0837a
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
#16
Posted on November 15, 2011 11:24:19 PM

JG Summit posts another decline in Q3


JG SUMMIT Holdings, Inc. continued its streak of profit declines with net income dropping by more than half in the third quarter from year-ago levels on higher expenses and investment losses.

http://www.bworldonline.com/content.php?...3&id=41687
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
#17
Posted on November 14, 2011 10:00:34 PM

JG Summit sells back PLDT shares


JG SUMMIT Holdings, Inc. has availed itself of the option to sell back part of its stake in Philippine Long Distance Telephone Co. (PLDT), which the Gokongwei-led conglomerate had received in exchange of Digital Telecommunications Philippines, Inc. (Digitel).

http://www.bworldonline.com/content.php?...s&id=41604
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
#18
parang blue chip din po ito commander Big Grin
Bible Verse: I Timothy 9
Penny Stocks: http://www.youtube.com/watch?v=cDpPlrHgquM
Business tycoons: http://www.stockmarketpilipinas.com/post...l#pid55519 (edited by comm ollie)
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#19
why did this drop by 10% today?

[/quote]
Trading stocks is never a sure thing. Please do your own homework before pressing the button.

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#20
oo nga what is up?
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