MARKET HEADLINE: SHORT SELLING BY OCTOBER

East-West Bank
#1
EastWest Bank is a subsidiary of the Filinvest Development Corporation (FDC), the publiclylisted holding company of the Filinvest Group that evolved from a consumer businessfounded by Andrew L. Gotianun, Sr. in 1955. FDC is one of the country's premierconglomerates, with business interests in real estate development, financial and bankingservices and the sugar business. Through the years, EastWest Bank has successfullycapitalized on the financial strength and synergy from the business organizations under theFilinvest Group.Since its official birth on July 6, 1994, EastWest Bank has emerged as one of the country'sfastest growing banks. Shortly after it formally opened its doors to the public, EastWestBank had envisioned itself to become the preferred consumer bank of professionals,entrepreneurs, overseas Filipino workers, and homeowners. To this end, the Bankembarked on an automation program, and began to upgrade its existing technology.As the Bank entered the new millennium, it laid the groundwork for implementation ofmeasures that would simplify procedures and customer transactions and ultimately, resultin better banking experience for clients. It expanded its ATM network and later introducedInternet Banking Facility, its online banking facility, to provide clients with more efficientdelivery channels for products and services.The latter part of the last decade proved to be an extremely challenging and yet rewardingperiod for the Bank. EastWest, which was perceived to be one of the "small players" in theindustry in the early 2000s, became the sixth largest credit card issuer and the sixth largestservice provider of auto financing when it acquired AIG PhilAm Savings Bank (AIGPASB) in2009. AIGPASB officially merged with and into EastWest Bank on September 4, 2009. Themerger was completed a few months after EastWest rivaled and won against "giant banks"and multinational companies in its bid for the AIG-owned thrift bank.At present, EastWest Bank has a total of 117 branches: 73 in Metro Manila and 40 in keyprovincial areas. To address the evolving needs of its middle market clients, the Bankcontinues to develop innovative products and services and alternative delivery channels.

http://www.eastwestbanker.com/



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#2
Kailan po ba IPO nito?
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#3
may effect ba ipo nito sa price ni FDC ngayon? di ba yong ang mother company ng East West?
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#4
dami lumalabas ah.
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#5
Excited na ako dito! Yum yum! Big Grin
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#6
Big Grin Big Grin Big Grin

yup ang mother company nito e yung FDC. kaya sister nya si FLI. nag-iipon na nga rin ako para sa IPO nito. pwede na magpareserve para sa IPO nito sa aking broker until April 23 if i am not mistaken. i think ang listing nito is first week of May. indicative price offer=maximum P23.50.
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#7
you can also get ipo allocation if you're a valued client of the bank....
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#8
up lang po since lalabas na din po,

any advise on this? pag mga ganito mern limit as to how many shares you can buy? parang narinig ko kac dati sa gma may limit ang pwede parang 10k ata if i remember correctly( or baka totally different story yun! woot) newbie po Smile
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#9
mali pala tanong ko d2 and dun sa GT.

if gusto ko bumili nito ano kelangan ko tingnan para masabi atleast na mas maging confident ako sa decision to buy.

so far sa scanning ko parang ito lang nakikita ko pag aralan yet daming info naman: EW: prelim prospectus

May FS na nagsasabi na profitable cya on all 3 years with increasing assets. but at the price of P23 how does all this add up? Confused
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#10
(04-06-2012, 10:25 AM)Xandman Wrote: mali pala tanong ko d2 and dun sa GT.

if gusto ko bumili nito ano kelangan ko tingnan para masabi atleast na mas maging confident ako sa decision to buy.

so far sa scanning ko parang ito lang nakikita ko pag aralan yet daming info naman: EW: prelim prospectus

May FS na nagsasabi na profitable cya on all 3 years with increasing assets. but at the price of P23 how does all this add up? Confused

I've been waiting for their preliminary prospectus. Tried to check it out however, it seems the whole East West Bank website is down?
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