MARKET HEADLINE: SHORT SELLING BY OCTOBER

Megawide Construction Corp.
#31
noted bro Glen. pero aside sa LC, MWIDE lang GREEN ko ngayun.

winking
Reply
#32
RED na ang LC ko. nag profit taking na ako at re-entry sa 1.40. hihihi.
buy high, sell higher!

stock market abbreviations (for newbies)
http://www.stockmarketpilipinas.com/post...g#pid11738

"when it comes to trading, i'm just barely smart enough to realize that i'm a total idiot. i might be considered stupid, but on the intelligence scale, it puts me comfortably ahead of all the dumber people who thinks they're better than me."


Reply
#33
buti ka pa, 2nd trip mo na pala sa LC. PX ko laki na lugi.
Reply
#34
kung lugi pag uusapan may shtuck *** kami ni Glenchuy... kaya librehan nalang kami kung makakalabas kami ng buhay doon.
Reply
#35
asakin pa core PX ko. hihi. sya lang atsaka si ANI ang up sa port ko, the rest, red na red. tagal nako profit taking kay MWIDE. di ko na binalikan. antay nalang magandang entry, siguro after ng stock div. sold at all time high from IPO price. hihi.
buy high, sell higher!

stock market abbreviations (for newbies)
http://www.stockmarketpilipinas.com/post...g#pid11738

"when it comes to trading, i'm just barely smart enough to realize that i'm a total idiot. i might be considered stupid, but on the intelligence scale, it puts me comfortably ahead of all the dumber people who thinks they're better than me."


Reply
#36
SEC oks Megawide capital hike to P2B
By Zinnia B. Dela Peña (The Philippine Star) Updated September 20, 2011 12:00 AM Comments (0) View comments

MANILA, Philippines - Construction and engineering firm Megawide Construction Corp. has obtained the Securities and Exchange Commission’s nod to raise its capitalization to P2 billion from P1 billion to cover its 30 percent stock dividend declaration.

The new capitalization consists of two billion shares with a par value of P1.

The 30-percent stock dividend, equivalent to 257.1 million common shares, will constitute the minimum subscription and paid-up requirement to the increase of the authorized capital of Megawide.

The record date and date of payment shall be announced upon stockholders’ and/or regulator’s approval of the increase in capital.

Megawide reported a net income of P335 million last year, more than three times the 2009 level, on robust order books at its construction and support-services divisions.

The company is confident it will perform better this year on the back of a progressively increasing order backlog.

Megawide expects to secure more new projects this year as it seeks to diversify into infrastructure and residential construction.

The company is seeking joint ventures with big firms seeking to undertake infrastructure projects under the government’s Public-Private Partnership (PPP) program aimed at upgrading the country’s roads, bridges and airports.

IN the past three years, Megawide had booked P22.9 billion worth of construction contracts covering approximately 1.298 million square meters of floor area, consisting of 22 high-rise and 15 medium-rise condominium projects in Metro Manila.
Big Grin
Reply
#37
The Long Wait Is OVER

:lol:

MWIDE Stock Dividend Declaration:

Stocks: 30%
Exdate: Oct 11, 2011
Payment Date: Nov 10, 2011

http://www.pse.com.ph/html/disclosure/pd..._MWIDE.pdf
Reply
#38
^ Monday na ang last day para mag avail ng 30% stocks dividend.

Big Grin
Reply
#39
Expansion for long term benefit. Megawide is expanding its Taytay manufacturing complex from 10 hectares to 15 hectares to enable it to produce prestressed concrete. With this new facility, MWIDE will be able to participate in infrastructure projects since prestressed concrete is used for producing beams, floors and bridges with longer lengths. The new facility will also allow MWIDE to increase the prefabricated component of a building from 30% to 60%, reducing construction cost.

Diversifying client base. Although strong demand from SMDC will allow MWIDE to deliver rapid growth this year, MWIDE plans to expand its client base to reduce its revenue risk and to ensure the sustainability of its long term growth. SMDC currently accounts for 70% of MWIDE’s working backlog. However, MWIDE plans to reduce this to 60% by 2012 and to 50% in 2013. For the year to date period, MWIDE has won around Php4 Bil worth of new projects, none of which are from SMDC.

Targeting a piece of the PPP pie. MWIDE is taking the necessary steps to diversify its business away from the construction of residential buildings. MWIDE has entered into a cooperation agreement with an affiliate of a Japanese construction group to help them in their foray into
infrastructure construction. According to MWIDE, their Japanese partner has extensive knowledge and experience in infrastructure projects. This partnership will help them in the engineering design component of their future infrastructure projects.

Big Grin
Reply
#40
Posted on November 06, 2011 10:21:10 PM

Megawide readies property for planned factory

MEGAWIDE CONSTRUCTION Corp., a major contractor of the SM Group, has moved to secure control over a lot for its planned concrete cast factory by acquiring a stake in the firm behind the property.

http://www.bworldonline.com/content.php?...y&id=41173
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


Forum Jump:


Users browsing this thread: 1 Guest(s)