Imperial Resources Inc.
#21
jmf Wrote:
leonaguila07 Wrote:
jmf Wrote: Trading halt tomorrow:
Adjusted price at 11.62

http://edge.pse.com.ph/openDiscViewer.do...zA4VW.dpbs

so the current price is a bargain...bakit kaya nag sell down ito?


adjusted sa par value. price kahapon 19.60/5= 3.92

yan cost ng mga meron kahapon, times 5 yung qty.

not really a sell down coz di naman market price yung 11.60 sa disclo.
so holders yesterday are still enjoying 1 peso gain

salamat ng marami sa info Madam...

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#22
(02-22-2017, 11:49 AM)jmf Wrote:
(02-22-2017, 10:17 AM)leonaguila07 Wrote:
jmf Wrote: Trading halt tomorrow:
Adjusted price at 11.62

http://edge.pse.com.ph/openDiscViewer.do...zA4VW.dpbs

so the current price is a bargain...bakit kaya nag sell down ito?


adjusted sa par value. price kahapon 19.60/5= 3.92

yan cost ng mga meron kahapon, times 5 yung qty.

not really a sell down coz di naman market price yung 11.60 sa disclo.
so holders yesterday are still enjoying 1 peso gain

pati ba sa A madam nag change ng PAR? akala ko sa B lang? hehehe
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#23
ec2r_26 Wrote: pati ba sa A madam nag change ng PAR? akala ko sa B lang? hehehe

wala na A or B boss, isa na lang na common shares...Smile

...(i) the declassification of the Company’s common Class “A” and common Class “B” shares into a single class of Common Shares,
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#24
(02-22-2017, 01:51 PM)leonaguila07 Wrote:
ec2r_26 Wrote: pati ba sa A madam nag change ng PAR? akala ko sa B lang? hehehe

wala na A or B boss, isa na lang na common shares...Smile

...(i) the declassification of the Company’s common Class “A” and common Class “B” shares into a single class of Common Shares,

yes bro.. ang alam ko kasi bago mag merge, si B lang ang change par value. meaning magkakaroon ng additional shares may hawak ng B after mag merge, kasi malayo ang price difference nila ni A bago mag declass. kung pati A madadagdagan ng shares, hindi fair para sa mga holders ng B class.
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#25
A word of caution.

This is just a shell company... no earnings, no operations, etc but with high market cap.

Eventually, things correct itself and reality will set-in.
Trading stocks is never a sure thing. Please do your own homework before pressing the button.

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#26
umiwas n ako s impakto
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#27
mahaba pa ung conso stage ah. it should not go lower than 3 pesos in the coming weeks.
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#28
6-20

The Laperal-owned Imperial Resources

IMPERIAL Resources Inc. (IRI) reported in a filing posted on the website of the Philippine Stock Exchange (PSE) 652.5 million common shares as outstanding capital stock. Of the total, 650.814 million common shares or 99.742 percent are owned by Filipinos while 1.686 million common shares equivalent to 0.258 percent are held by foreigners.

In the same filing, Imperial Resources said “all stockholders as of May 22, 2018, record date, are entitled to notice and to vote at the annual stockholders’ meeting.” This year, it said the gathering will be held at 10 a.m. on July 19, 2018 at Rms. 8 and 9 Parish Center, Santuario de San Antonio, McKinley Rd., Forbes Park, Makati City.

For the information of IRI’s stockholders, Imperial Resources also placed its mailing address in the filing which is No. 82-J 4th St., Mariana, New Manila, Quezon City.

As the majority stockholder, Imperial Resources listed Oliverio G. Laperal Sr. as owner of 546.552 million IRI common shares or 83.763 percent. PCD Nominee Corp., which is a record stockholder, holds 33.172 million IRI common shares or 5.084 percent.


Imperial Resources also included in its definitive information statement (DIS) that it “is not aware of any case of insider trading involving any of its directors and officers in the past three years.” It added that “all its directors, officers and employees are aware that the company doesn’t tolerate or allow the unlawful use of material inside information by any of them.”

Not all listed
While Imperial Resources has 652.5 million outstanding common shares, only 100 million of them are listed or are publicly traded. Another block of 150 million common shares “are being readied for listing application,” according to the company.

This means not all of the company’s outstanding common shares are publicly traded. This isn’t surprising at all because as a policy, Imperial Resources does not allow the family members who may be significant stockholders to buy and sell their own holdings.

Nevertheless, Imperial Resources, which reported deficit of P64.893 million under equity in an audited financial filing, has so much room for expansion. Its authorized capital stock of 1.8 billion common shares, which, if it can recover and record retained earnings instead of deficit, would enable it to reward the public with stock dividend.

However, public investors who trade on listed stocks may have to wait a little longer before they could have a taste of dividend. In 2017, Imperial Resources reported much bigger deficit of P106.331 million in 2016 and P174.460 million in 2015.

In the same audited financials, Imperial Resources’ total current assets stood at P2.76 million against total current liabilities of P1.973 million.

Imperial Resources, which owns Philippine Cyber College Corp., said it’s “evaluating mining projects, which it had narrowed down to gold mining, asphalt mining and energy.”

As a school subsidiary, Philippine Cyber College operates what it described as “educational facilities,” which it said “are located in Baguio and Malolos, each with an enrolment of 40-60 students.” It added that it limits class sizes to 15 students.

Ownership filing
A public ownership report (POR) as of April 10, 2018 listed seven directors as direct stockholders who owned 3.636 million IRI common shares or 0.557 percent.

Laperal Sr.’s holdings are divided into 546.234 million IRI common shares that he directly holds plus indirect holdings of 318,400. All in all, he owns 546.552 million IRI common shares or 83.763 percent.

Minus all these holdings owned by insiders, the public stockholders of Imperial Resources are left with 102.312 million IRI common shares or 15.68 percent.

Among the company’s top stockholders as shown in the list of top 100 stockholders are PCD Nominee with 33.172 million IRI common shares or 5.084 percent and LMI Holdings Corp. with 21.905 million IRI common shares or 3.571 percent.

The other members of the Laperal family and their individual holdings are as follows: Desiderio L. Laperal, 1.67 million IRI common shares or 0.256 percent; Alexandra L. Laperal, 1.66 million IRI common shares or 0.254 percent; Rosamaria Laperal, 1.626 million IRI common shares or 0.249 percent; Regina L. Concepcion, Oliverio Laperal Jr. and Victorina L. Laperal own 1.58 million common shares or 0.241 percent.

Due Diligencer’s take
Where is Imperial Resources going? In other words, where is it taking the public if it’s unable to report retained earnings?

The company has nothing to show under “dividends and rights” as posted on the PSE website simply because Imperial Resources reported under equity not retained earnings but accumulated deficit.

Of course, Imperial Resources may eventually bounce back but for how long should the public wait?

The good thing though that happened within Imperial Resources is the unbroken succession. The PSE website showed Laperal Sr. has finally given way to his children. Oliverio Jr. is now the company president while Desiderio L. Laperal is the vice president and chief financial officer.

When googled for additional information, the results showed the family patriarch “served as chief executive officer and chief operating officer of Imperial Resources from 2001 to March 28, 2016 and president from 1969 to March 28, 2016.

As the owner, Laperal Sr. “has been the president and chairman of LMI Holdings Corp. since 1997.

By the way, if Imperial Resources has nothing to report under “dividends and rights”, what should the public do while waiting for the company’s financial recovery? Just asking.


source: http://www.manilatimes.net/the-laperal-o...es/410392/


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