Roxas Holdings, Inc.

CLOSING: 6.9000
DATE: 12/23/14

All my volume indicators are telling me na malakas ang ROX. May buhat or tulak.


2-DAYS: 100
3-DAYS: 100
5-DAYS: 100
10-DAYS: 100
20-DAYS: 100
60-DAYS: 99
120-DAYS: 99
240-DAYS: 99
500-DAYS: 99


2-DAYS: 100
3-DAYS: 100
5-DAYS: 100
10-DAYS: 100
20-DAYS: 100
60-DAYS: 93
120-DAYS: 93
240-DAYS: 93
500-DAYS: 93


2-DAYS: 100
3-DAYS: 100
5-DAYS: 100
10-DAYS: 100
20-DAYS: 100
60-DAYS: 100
120-DAYS: 100
240-DAYS: 100
500-DAYS: 100


2-DAYS: 100
3-DAYS: 100
5-DAYS: 100
10-DAYS: 100
20-DAYS: 100
60-DAYS: 100
120-DAYS: 100
240-DAYS: 100
500-DAYS: 100

Okay lang bumili sa current price range. But marami palang ipit or overhead supply sa 7.8. So kung lalaruin ko ito, papasok ako sa current price, then bibitaw ako sa 7.8. Tumataginting na 13% gain...not so bad...

1 6.8999 19,900
2 6.8997 196,500
3 6.8997 1,546,200
4 6.8978 6,024,300

1 6.9000 112,100
2 6.9000 1,152,000
3 6.9906 3,611,700
4 7.8075 6,757,500

I'll cut below 6.8 or below 5%-8% my entry price.
Caveat emptor.
If You're So Smart, Why Aren't You Rich? - BATMAN The Animated Series: Season 1, Episode 41
...lugi Tongue

Roxas Holdings profit plunges 98%

ROXAS Holdings, Inc. (RHI) saw its profit plunge 98% for its fiscal year ending September, amid a decline in sugar prices and problems at its factories.
In a financial report submitted to the stock exchange, RHI said its net income attributable to parent fell to P10.83 million, from P611.93 million a year ago. The report covers RHI’s fiscal year from October 2014 to September 2015.

Consolidated revenues were flat at P98.208 billion in 2015, from P8.317 billion it posted in 2014. The company attributed the drop in revenues to lower refined sugar and premium raw sugar revenues.

RHI, the largest integrated sugar business in the Philippines, also saw its core net income fall to P169 million in 2015 from P645 million the previous year.

“Our core income took a hit as our factories reeled from difficulties that prompted our sugarcane planters to go to other mills. This worsened the shortage of cane supply. We also had to spend roughly P700 million for new equipment and repairs to address the problems at the plant,” RHI Chairman Pedro E. Roxas was quoted in a statement as saying.

The local sugar industry had suffered a reduction in cane supply by 5%, with the Negros Occidental area seeing a 5% drop and Batangas area seeing a 10% decline.

Mr. Roxas noted RHI suffered a “double whammy as it tried to plug the concerns in its plants while trying to combat the combined impact of declining sugar prices and escalating production costs prevalent in the global sugar market.”

The group’s ethanol business, Roxol Bioenergy Corporation (RBC) and San Carlos Bioenergy Corporation, Inc. (SCBI) posted net income after tax of P215 million and P122 million, respectively.

RHI said it will continued to tighten measures to lift its sugar business, as well as focus on ethanol, in order to limit the impact of unpredictable sugar prices, declining cane supply and factory repairs.

Pls don't follow me....I'm lost too! hehe
...loss pa rin, kaya siguro hindi pa mabenta ni MPI ang shares nya dito Smile

Roxas Holdings incurs P125M loss

FIRST Pacific-led sugar firm Roxas Holdings Inc. (RHI) incurred a net loss of P125 million in the quarter ending December 2015 – the first quarter in its fiscal year, due to operational challenges at two of its operating plants.

This net loss for the quarter was a turnaround from the P9 million net profit in the same period last year, RHI disclosed to the Philippine Stock Exchange.

RHI chair Pedro Roxas said that apart from the October to December period being historically a weak season for the sugar business, RHI likewise reeled from the combined impact of insufficient cane supply, late start-up in its Batangas plant and temporary shutdown for needed operational enhancements in its newly acquired plant.

RHI president and chief executive officer Hubert Tubio noted that the combined gross profit of Central Azucarera de la Carlota Inc. (CACI) and Roxol Bioenergy Corp. (RBC) – both in La Carlota City in Negros Oriental — was not sufficient to cover the group’s total expenses for the period.

He also noted that Negros-based ethanol producer San Carlos Bioethanol Inc., which the group acquired in May last year, had to temporarily cease operations to give way for enhancement initiatives to improve plant efficiencies.

However, Tubio expects this as a temporary setback. In the coming quarters, he expects the
group’s performance to improve, resulting in an anticipated increase in core net income in the 2016 crop year versus last year.

“We hope to see an improvement in our full year core net income,” Tubio said.

The RHI group is currently sprucing up its plants and has allocated a capital spending budget of about P1.4 billion for the current crop year to address operational challenges.

The group plans to raise fresh capital from an offering on new shares to existing shareholders. Its board of directors recently approved an offering of stock rights, the final terms and conditions of which have yet to be finalized.

The First Pacific group controls 51 percent of RHI through its subsidiary First Agri Holdings Corp.

Pls don't follow me....I'm lost too! hehe
...yan na, gagawa na naman ng pera Big Grin

Roxas Holdings sets stock rights offering to raise P1B

SUGAR firm Roxas Holdings Inc., now majority owned by the First Pacific Co. Ltd., has firmed up a stock rights offering that can raise over P1 billion in fresh capital to fund the company’s expansion program.

In a disclosure to the Philippine Stock Exchange (PSE) on Monday, RHI said its board had approved an offering of 265.97 million in new common shares to its existing shareholders at an entitlement ratio of one share for every 4.33 shares held. The offer price would be computed based on a 10-percent discount to the 90-day volume-weighted average price of RHI’s common shares listed on the PSE ending on April 27 this year.

Based on this indication, the offering can raise over P1 billion.

The offer period is targeted to start on May 12 through May 18 this year.
Net proceeds from the offer would be used by RHI to partially pay the loan obligations of Roxas Pacific Bioenergy Corp. (RPBC), a wholly-owned subsidiary. The loan was contracted by RPBC to partially finance its acquisition of San Carlos Bioenergy Inc. in April 2015.

The rest of the proceeds would be used to acquire an additional 8-megawatt steam turbine generator for sugar milling and refining. It would also be used to finance the installation of a heavy duty pressure feeder to the sugar plant milling equipment.

This year, RHI has set aside P1.4 billion in capital spending, double the budget previously targeted. Of this amount, P600 million would be used for the ethanol business and P800 million for the sugar business.

RHI’s focus was to improve operational performance, cost efficiency and cane supply, company officials earlier said.

Controlling shareholder First Pacific, led by Filipino businessman Manuel V. Pangilinan, earlier raised P2.16 billion from the sale of a 14.8 percent stake in RHI’s rival sugar miller and refiner, Victorias Milling Co.

Pls don't follow me....I'm lost too! hehe
Comm Ollie, any updates dito? malapit na dupipte... D
#26 kumikita na! nagpe-pay off na cost cutting nila pala? nice Smile ganito mga stocks na paborito kong i-accumulate

Roxas Holdings income rises 18% as of end-Sept.

ROXAS HOLDINGS, Inc. (RHI) grew its attributable profit by 18% during its fiscal year ending September, as the company managed to offset the impact of softer sugar prices through overall cost reductions.

In a disclosure to the stock exchange on Thursday, the listed sugar and ethanol producer posted a net income attributable to the parent of P119.78 million, lower than the P101 million it delivered in the same period in 2016.

The higher profit comes despite a 9% year-on-year drop in revenues to P10.95 billion, as the company implemented cost-cutting measures in the production side to reduce the impact of softer sugar prices.

“The improved relationship we have with planters and the upgrades that we implemented for the equipment and processes at our plants have paid off. We were able to reduce the overall costs of production, which also alleviated the impact of the soft prices of sugar,” RHI President and Chief Executive Officer Hubert D. Tubio said in a statement.

RHI’s sugar business accounted for bulk of the company’s revenues at 67% or P7.3 billion, lower by 7% year on year. This follows a 15% average decline in sugar prices.

During this period, the company milled 3.461 million metric tons of cane, producing 6.497 million bags of sugar weighing 50 kilograms each, which surpassed 2016’s production of 5.102 million bags.

The ethanol business segment, meanwhile, contributed P3.6 billion to the company’s revenues, 14% lower than the P4.2 billion it exhibited in 2016.

RHI attributed the decrease to delays in the enhancement of its plants during the early part of the year. The company noted it expands its production capacity by 82 million liters of ethanol per year. 

“We are hopeful that the expanded capacity and improved efficiency of the group’s ethanol business unit will underpin the continued growth of the business,” RHI Chairman Pedro E. Roxas was quoted as saying in a statement.

The company noted that it also delivered a 23% uptick in consolidated EBITDA (earnings before interest, tax, depreciation, and amortization) to P1.6 billion for the year, marking its second year of sustained growth after logging a 35% growth in 2016.

At the same time, RHI said the La Carlota City government has lifted the cease-and-desist order issued last month against its Roxol Bioenergy Corp.’s (RBC) bioethanol plant over a “foul odor.”

“The lifting of the CDO is based on the results of our inspection and verification of the mitigating measures that you have implemented and committed to implement since the time of closure and onwards,” La Carlota Mayor Luis J. Jalandoni III said in a Dec. 5 letter to Roxol Chief Operating Officer Luis O. Villa-Abrille.

However, Mr. Jalandoni said the company should still comply with the requirements under the Environmental Clearance Certificate. He added that an inspection team will inspect Roxol’s facilities every last Friday of the month, as well as conduct random inspections every two months.

Mr. Jalandoni also asked Roxol to submit a monthly report on the pollution mitigation measures it has adopted.

Pls don't follow me....I'm lost too! hehe
...ano nga pala dahilan bakit 'to binili nila Pangilinan? Smile

RHI narrows net loss in Q1

ROXAS HOLDINGS, Inc. (RHI) narrowed its net loss by 2% during the first quarter of crop year 2018, as revenues surged on higher volume of sugar sold.

In a statement, RHI said it posted a net loss of P110 million during the three-month period ending December, lower than the P112 million posted a year ago.

The integrated sugar and ethanol producer’s fiscal year begins on Oct. 1.

Consolidated revenues rose 39% to P2.07 billion during the first quarter, from P1.49 billion a year ago, boosted by higher sales of sugar.

For the quarter, RHI sold 786,173 kilogram bags (LKg) of raw sugar, 189% higher than the 272,374 LKg recorded a year ago. Volume of refined sugar went up 23% to 431,014 LKg. One LKg is equal to one 50-kilogram bag of sugar.

RHI Chairman Pedro E. Roxas in a statement said the first quarter is usually a slow period, but revenues from sugar operations doubled to P1.8 billion during the first quarter from P904 million a year ago due to sales of inventory from the previous crop year.

RHI President and CEO Hubert D. Tubio said the company’s gross profit increased 35% to P144 million due to higher revenues and improved efficiencies.

“We are seeing improvements in efficiencies, which resulted to higher production volumes at improved levels of production cost,” he was quoted as saying in a statement.

RHI Executive Vice-President and Chief Financial Officer Celso T. Dimarucut said the company’s earnings before interest, taxes, depreciation and amortization jumped 4% to P191 million in the first quarter versus 2017’s P183 million.

“While the Group’s interest expense for the period rose to P122 million in Q1 2018 from the P98 million in the previous year, carryover inventory sold during Q1 2018 reduced debt level by P527 million,” Mr. Dimarucut said.

Incorporated in 1927 as a sugar milling company, RHI became a holding and investment corporation in 2002, integrating its various sugar businesses, branching out to sugar, tolling and refining, energy and bioethanol.

RHI’s shares on Thursday were up 25 centavos or 6.85% to close at P3.90 each.

Most of RHI’s shares are owned by Hong Kong-based company First Pacific Co., Ltd., which also owns the PLDT, Inc. Hastings Holdings, Inc., a unit under PLDT’s beneficial trust fund subsidiary MediaQuest Holdings, Inc., has partial interest over BusinessWorld through its Philippine Star Group.

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Roxas Holdings sells Batangas sugar mill  

LISTED sugar and ethanol producer Roxas Holdings Inc. (RHI) on Thursday said it was selling its sugar milling and refining operations in Nasugbu, Batangas to reduce company debt.

In a disclosure to the Philippine Stock Exchange, RHI said it and wholly-owned subsidiary Central Azucarera Don Pedro Inc. (Cadpi) had reached an agreement with Universal Robina Corp. (URC) for the purchase of the sugar milling facility located in Barangay Lumbangan, Nasugbu.

Under the terms of the deal, URC will acquire all buildings, improvements, machineries and equipment, laboratory equipment, spare parts and transportation equipment, as well as the land on which the aforementioned assets of RHI and Cadpi are located, including any other parcels of land that are necessary for the continuing operations of the refinery and milling plant.

The transaction is subject to the completion of certain conditions, including the approvals of the Philippine Competition Commission (PCC) and creditor banks.

RHI Chairman Pedro Roxas said the company believed the sale transaction “will bring about significant improvements in the sugar industry in Batangas for the benefit of all stakeholders — farmers, community, employees and mill alike.”

Total raw sugar production in Batangas is around 3 million 50-kg bags, or roughly 6 percent of total annual national sugar production.

President and CEO Hubert Tubio said that the sale of the Nasugbu facilities would allow RHI to focus on its operations in Negros.
“We have significantly improved and grown the operations of our sugar milling plant and two ethanol production plants in Negros over the last two crop years and we hope to further enhance our operations after the sale transaction,” he said.

Executive Vice President and CFO Celso Dimarucut said the sale transaction would significantly reduce the company’s leverage as proceeds would be used to pare down debt.

“We will prepay all long-term debt and reduce short-term debt to levels sufficient for our working capital needs,” he said.

URC is a maker and distributor of branded consumer foods and its businesses include hogs and poultry farming, animal feeds, corn products, and animal health products.

“Together with URC-Balayan, we believe that URC’s acquisition of the milling and refining assets of CADPI will create synergies in the sugar industry in Batangas that will benefit all stakeholders — sugarcane farmers, sugarcane workers and the communities,” URC Chairman Lance Y. Gokongwei said.

RHI produces raw and refined sugar in different grades, offers tolling or refining services to raw sugar owners, and produces fuel ethanol for local oil companies.


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