MARKET HEADLINE: SHORT SELLING BY OCTOBER

Chemical Industries of the Philippines, Inc.
#1
BUSINESS PROFILE


Incorporated in 1958, Chemical Industries of the Philippines, Inc. (CIP) serves as the parent company of LMG Chemicals Corporation, CAWC, Inc. and Kemwater Phil. Corp.


CIP has three divisions under its own corporate structure, namely, the management support services division, which provides a full range of management services to the Chemphil Group; the office space leasing division, which is in the business of leasing available spaces in the Chemphil building to the companies of the Chemphil Group; and the investment division, which oversees the implementation of both long-term and the short-term strategies of investee companies of the Chemphil Group. The Company and its subsidiaries sell their products mainly to detergent, beverage and car battery manufacturers, firms in the food, ceramics and paper industries, water concessionaires and the consumer market for its personal care products.


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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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#2

Float level hiked


LISTED CHEMICAL Industries of the Philippines, Inc. (Chemphil) and its subsidiary LMG Chemicals Corp. have sold shares to meet the bourse’s public float requirement, disclosures to the Philippine Stock Exchange (PSE) yesterday showed. Chemphil said it sold on Nov. 29 238,445 shares to a certain Ricardo Carlos L. Gonzales of A2K Holdings Corp, while it sold 791,215 shares to Kho Cing Siong, an Indonesian national. The share sale caused the Chemphil’s public float level to rise to 10%, the minimum required by the bourse. In a separate disclosure, its subsidiary LMG Chemicals said it sold on the same date 19,354,418 shares to the same buyers. The subsidiary’s public float has similarly risen to 10%. “Before the sale public float of [Chemphil and LMG Chemicals] were less than 1%,” Mr. Ferdinand S. Ellema of Chemphil’s legal department, said in text message yesterday, adding that the proceeds from the transaction will be revealed in further disclosures.

http://www.bworldonline.com/content.php?...s&id=43302
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
#3
145 is also here?!
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
#4
Ingat! Related sa LMG ito! Wag mag-paloko sa Diversified.
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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#5
Kamag-anak nito si LMG. Please lang trade cautiously. Diversified made a cross on this stock.
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#6
...that's nice...so si Diversified pala salarin dito...thanks for the shoutout guys
Pls don't follow me....I'm lost too! hehe
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#7
Posted on February 06, 2012 10:58:26 PM

Chemical firm to sell shares

CHEMICAL INDUSTRIES of the Philippines, Inc. (Chemphil) has sought a 10-day trading suspension on the shares of its listed unit LMG Chemical Corp., saying talks are now ongoing for a private placement.

http://www.bworldonline.com/content.php?...s&id=46308
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
#8
Posted on February 20, 2012 10:37:40 PM

Chemphil seeks more time for talks

CHEMICAL INDUSTRIES of the Philippines, Inc. (Chemphil) has sought to lengthen the trading suspension currently imposed on its shares until March 2 amid ongoing talks to sell shares to investors.

http://www.bworldonline.com/content.php?...s&id=47078
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
#9
Posted on April 24, 2012 10:10:33 PM

Chemphil mulls options for shuttered plant

LISTED MANUFACTURER Chemical Industries of the Philippines, Inc. (Chemphil) is mulling a joint venture deal to revive a mothballed acid plant or its outright disposal amid tepid demand.

http://www.bworldonline.com/content.php?...t&id=50539
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
#10
Corrected 50% of the value since last week.. winking
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