MARKET HEADLINE: SHORT SELLING BY OCTOBER

Asian Terminals, Inc.
#1
Business Profile:

Asian Terminals, Inc. (ATI), formerly known as Marina Port Services, Inc., was incorporated on July 9, 1986 to provide general services with respect to the operation and management of port terminals in the Philippines. In August 1990, a consortium of local and foreign companies acquired all the issued and outstanding capital stock of ATI.

ATI manages and operates the South Harbor pursuant to the contract for cargo handling and related services granted by the Philippine Ports Authority (PPA) effective until May 2038. The services offered by the company at the South Harbor include container terminal handling, arrastre, stevedoring, storage, cranage, domestic cargo handling and passenger terminal operations, international container freight station and equipment services.

ATI's subsidiaries include Inland Clearance Depot, ATI Batangas, Inc., the Batangas Supply Base, and South Cotabato Integrated Port Services, Inc.

In 2010, the Company sold its entire stake in wholly-owned subsidiary Mariveles Grain Coporation, which operates the Mariveles Grains Terminal (MGT), to Philippine Grain International Corporation.

Source: SEC Form 17-A (2010)



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#2
ATI allots P1B to expand South Harbor

Asian Terminals Inc. (ATI), the country’s second-largest port operator, started expanding the capacity of its flagship port at the Manila South Harbor and expects to complete construction by next year.  

ATI Executive Vice President Ernst T.A. Schulze said the company allotted $25 million, or about P1.05 billion, for the civil works, which have started last month and scheduled to be completed within 18 months.

“We’re working on an area that’s on the northern side of the terminal. We try to have extra space for trucks because it’s busy on the road, we want to accommodate more trucks and we will have extra space for container terminal stacking yard,” Schulze said at the sidelines of the launch of the South Harbor’s pick-up, drop-off point for passengers and well-wishers.

http://www.businessmirror.com.ph/home/co...uth-harbor
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#3
Posted on November 15, 2011 11:13:44 PM

Transit sector support firms see profits fall


TWO SUPPORT firms in the transportation sector -- Asian Terminals, Inc. and MacroAsia Corp. -- saw profits tumble in the third quarter amid weakened performances from their cargo handling and aircraft repair operations, separate disclosures yesterday showed.

http://www.bworldonline.com/content.php?...l&id=41685
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#4
Payout slated


LISTED ASIAN Terminals, Inc. has declared a cash dividend of P0.25 per share payable to stockholders on record as of Jan. 5, 2012, the firm said in a disclosure yesterday. The dividend will be paid out on Jan. 27, 2012, the firm said. The port operator said that the total amount of cash dividends will amount to P500 million. The cash dividends were approved by the firm’s board of directors during a special meeting yesterday, Asian Terminals said. Profits of the port operator plunged 51% to P369.33 million in the third quarter from P753.34 million in the same period last year due to higher tax expenses in the current year. This brought Asian Terminals’ net income in January to September to P1.15 billion, a 31% decline from P1.67 billion in the same period last year. Shares of Asian Terminals closed unchanged at P7.90 apiece yesterday.

http://www.bworldonline.com/content.php?...s&id=43711
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
Posted on March 09, 2012 07:48:14 PM

Port operator ATI records income decline

PORT OPERATOR Asian Terminals, Inc. (ATI) saw its profits fall by more than a quarter last year, the company said in a statement on Friday.

http://www.bworldonline.com/content.php?...e&id=48118
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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#6
Asian Terminals declares dividends
PORT OPERATOR Asian Terminals, Inc. is set to award P600 million in cash dividends by June, a disclosure to the local bourse on Friday showed. The company said its board of directors, in a meeting on Friday, approved the declaration of 30-centavo cash dividend for each share held by stockholders as of May 14. The dividend will be paid out on June 7. This, as officials forecast a better year for the company versus 2011. "So far it (the company) has been doing good. There are swings but I think for the whole year, we are expecting to be doing better than last year, and that is for sure," Eusebio H. Tanco, the company’s president, told reporters on Thursday, when asked about Asian Terminal’s first quarter performance. "The key thing is the growth in GDP, so essentially the last question is if the Philippine economy will grow...the company [is also expected] to grow," Andrew R. Hoad, the firm’s executive vice-president, said.

http://www.bworldonline.com/content.php?...s&id=50779
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
...5 years from last post here Tongue tinetrade pa ba itong stock na ito?


ATI allots P4.6B to expand Batangas, Manila ports

ASIAN TERMINALS, Inc. (ATI) is spending at least P4.6 billion this year to sustain operational efficiency and grow capacity at its international gateway ports in Batangas and Manila in support of the country’s growing economy.
The listed port operator on Thursday said it is focusing expanding its operations in Batangas this year as ATI further expands its role as trade facilitator in the Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon) area, effectively helping ease congestion in Metro Manila roads.

“Central to this is the expansion of Batangas Container Terminal (BCT), beginning with the extension of its crane rails and container yard. This sets the stage for the delivery of two additional quay cranes, four more rubber-tired gantry cranes and other cargo handling equipment by 2018 in line with ATI’s plans of doubling its capacity to over 600,000 TEUs (twenty-foot equivalent units),” the company said in a statement.

Earlier this year, ATI said it set aside a P1.3-billion budget to expand its car storage facility in the Port of Batangas to support the growing volume of imported vehicles passing through that gateway.

In 2016, its Batangas Container Terminal handled over 160,000 TEUs of foreign boxes, its highest container throughout in a single year. This translated to reduction of more than 80,000 trucks trips along roads in Metro Manila, as more shippers opted to use Batangas instead of Manila, especially for shipments bound for Calabarzon.

Meanwhile, the development of ATI’s Batangas multilevel car storage facility (MCSF) -- which is aimed at increasing the port’s storage capacity for completely built car units (CBUs) -- is “on schedule,” ATI said.

Phase 1 is expected to come online as early as November while the second phase will be finished by mid 2018.

The MCSF is being built in a two-hectare space adjacent to the roll-on/roll-off berths of Batangas Port. Once fully operational, it will allow South Luzon’s international gateway port to handle over 7,000 imported vehicles at a single time, raising Batangas Port’s car storage capacity by nearly 50%.

Batangas Port accounts for majority of the country’s annual car imports, due largely to the convenience, efficiency and proximity it offers to the major car manufacturers, importers and distributors based in Cavite, Laguna, Batangas, Rizal and Quezon, ATI said.

ATI, which also operates Manila South Harbor, said it will take delivery of two brand new quay cranes and other cargo handling equipment this year. The company is looking to boost operational efficiency and safety at Manila South Harbor, which serves as one of two international container gateways into Metro Manila.

Manila South Harbor handled over a million TEUs in 2016, the first time in a single operational year, while operating at 65% yard capacity and 60% berth utilization, “indicative that the port can handle more ships and cargoes for industries,” ATI said.

Production was also at an “all-time high” with some months in excess of 30 gross moves per crane per hour -- a measure of how many boxes cranes move from ship to shore in an hour -- which is comparable to global ports in Singapore and Hongkong. Efficient handling of vessels at berth results in faster ship turnaround and quicker delivery of cargoes to consignees, it added.

ATI saw its net income rise by 7.8% last year to P1.91 billion from P1.77 billion in 2015, on account of “record” cargo volume handled by its ports in Manila and Batangas.


source: http://www.bworldonline.com/content.php?...&id=144418
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#8
4-7

BOC files smuggling raps vs. Asian Terminals, importers

The Bureau of Customs on Saturday said it filed smuggling charges against ports operator Asian Terminals Inc. (ATI) for allegedly conniving with several importers and customs brokers to illegally release 105 containers in the Port of Manila despite a standing alert order.

The BOC said charged were ATI assistant vice-president for South Harbor Operations Steve Realuyo and shift manager Darwin Dalmacio.

The ATI, meanwhile, declined to comment saying it has not yet seen a copy of the complaint.

Also charged were owners, officials and customs brokers of Premiere Oak Lumber & Wood Products Corp., Spectrum Highlands Marketing Corporation, Megaabundancesteel Indent Trading Corp., Abundancegain Indent Trading Corp., Paragon Platinum International Trading Corp. and Imperialfoods and Agricultural Prod.

“In the case of the 105 containers, the examinations were not conducted as the officers of the six corporations, with the assistance of their customs brokers and ATI all connived to secure the release of the containers from the ATI premises without the necessary examination,” Customs Commissioner Isidro Lapeña said.

As part of the protocol, all alerted shipments must be subjected to 100 percent examination before its release, according to the BOC.

It said that all 105 alerted containers were released by ATI without the required lifting order authorized by Lapeña.

Lapeña said the illegal withdrawal of the subject containers was a "blantant Sections 1401 (Unlawful Importation or Exportation) and Section 1424 (Removing Goods from Customs Custody) of the Republic Act No. 10863 otherwise known as Customs Modernization and Tariff Act of 2016.”

He said the shipments have a total dutiable value of P69,675,171.

“We will make sure that importers, brokers and arrastre operators who blatantly violated Customs rules and regulations will face legal action and revocation of Customs accreditation. The BOC shall remain vigilant and will continue to carry-on the fight against those who disrespect and disregard the rule of law,” Lapeña said.

“We will also make sure that after our thorough investigation, those BOC personnel who are proven to be connected to this incident will be charged accordingly. Despite this case filing, our investigation will continue. We are probing deeper. Everyone who is responsible for this shameful act must pay,” the Customs chief added. 


source: http://www.gmanetwork.com/news/money/com...ers/story/
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#9
...talaga lang ha?

Record volume seen at South Harbor in 1st half

ASIAN Terminals, Inc. (ATI) said Manila South Harbor, which it manages, recorded its highest midyear container volume during the first half of 2018.

In a statement on Wednesday, the listed port operator said Manila South Harbor was able to accommodate over 560,000 twenty-foot equivalent units (TEUs) of foreign shipments from January to June, almost 5% higher than the volume it posted during the same period last year.

“In May, ATI handled an all-time high single-month volume of nearly 105,000 TEUs, followed by over 103,000 TEUs in June,” the company said.

ATI noted that terminal efficiency and yard utilization at the South Harbor remained “optimum” despite the higher volume it handled.

“Through ATI’s and BOC’s (Bureau of Customs) collaboration, we are ensuring the seamless flow of goods through Manila’s main gateway port for a robust supply chain,” ATI Executive Vice-President William Wassaf Khoury Abreau was quoted as saying in the statement.

ATI said the online cargo delivery scheduling system, Terminal Appointment Booking System (TABS), helped keep an orderly flow of trucks and shipments at the port.

The port operator has set a capital expenditure of at least P8 billion for the year to fund its infrastructure projects at the Manila South Harbor and Batangas Port.

When its expansion projects are completed, ATI expects the annual capacity at the South Harbor increase to over 1.4 million TEUs by next year from the current level of 1.25 million TEUs.

During the first quarter, ATI recorded a net income of P581.9 million, up 18.6% from the same period last year.


source: http://bworldonline.com/record-volume-se...-1st-half/
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#10
7-27

...another bulok na stock Tongue

ATI eyes int’l expansion


ASIAN TERMINALS, Inc. (ATI) is actively looking for opportunities to expand overseas with its bigger capital expenditure (capex) for 2018.

ATI President Eusebio H. Tanco said in an interview on Tuesday aside from looking for government-owned ports for possible privatization, it is also seeking international acquisitions.

“We’re on the lookout for that. We’re always on the lookout for that,” he said.

Mr. Tanco added, “We’re gonna invest quite a bit this year. We have a lot of projects.”

At present, ATI is operating the Manila South Harbor, the Batangas Port, and the off-dock container yards in Sta. Mesa, Manila and Calamba City, Laguna.

The company said in May it is allocating P8 billion for capex this year, hoping to intensify its efforts for the Manila South Harbor and Batangas Port.

“Aligned with the government’s Build, Build, Build program, ATI is spending a minimum of P8 billion in capital investment this year to deliver better, faster and safer ports and logistics services to the country’s supply-chain,” the port operator said in a statement in May.

ATI is looking to have more cargo storage spaces in the Manila South Harbor and a multilevel car storage facility at the Batangas Port within the year.

Earlier this month, the company announced its Manila South Harbor recorded an all-time-high container volume for the first half of 2018, reaching more than 560,000 twenty-foot equivalent units (TEUs) of foreign shipments.

It expects to up annual capacity at the Manila South Harbor to more than 1.4 million TEUs next year when the company finishes all its expansion projects. 


source: http://www.bworldonline.com/ati-eyes-intl-expansion/
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