*on buyback* Alliance Global Group, Inc.

Alliance Global Group, Inc. (“AGI” or “the Company”) was incorporated in the Philippines on October 12, 1993 and began operations in 1994 as a glass-container manufacturer after it acquired a glass manufacturing plant in Canlubang, Laguna. After its listing on the Philippine Stock Exchange (PSE) in 1999, the Company obtained approval from the Securities and Exchange Commission (SEC) to broaden its primary business and become a holding company. Immediately, the Company began its diversification into the food and beverage and real estate industries, and, a few years later in 2005, into the quick service restaurant business. More recently, the Company has expanded its business to include integrated tourism development, including
gaming activities.

Through its subsidiaries, associates and other controlled entities, the Company operates a diversified range of businesses that focus on developing products that cater to the growing middle class.

The Company’s operating businesses are categorized into three segments, each managed separately and each representing a strategic business unit that offers different products and serves different markets.
  • Food and Beverage:Emperador Distillers, Inc.
  • Real Estate:Megaworld Corp., Travellers International Hotel Group, Inc., Global-Estate Resorts, Inc.
  • Quick Service Restaurant:Golden Arches Development Corporation

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Pls don't follow me....I'm lost too! hehe
[Image: AGI6-8-11.jpg]
...though up by +1.78% at 10.28 from previous 10.10, there is a formidable selling position at 10.30 by 1.1M shares...
Pls don't follow me....I'm lost too! hehe
[Image: AGIJune202011.png]

signs of reversal? MACD still quite negative.. needs to break 10.74
#5 azulgrana Smile pls "re-introduce yourself" hehe I need you DOB data if you don't mind...nice chart though...
Pls don't follow me....I'm lost too! hehe
Alliance Global unit expects 2011 profit to double to P6.4B

TRAVELLERS International Hotel Group Inc., the casino-and-hotel venture partly owned by listed Alliance Global Group Inc. (AGI), is forecasting profit to double this year to approximately P6.4 billion on expectations that demand for gaming activities will remain robust.

In an interview with reporters, AGI president Kingson Sian said Travellers also continues to plan new developments within its main asset, Resorts World Manila, to attract more visitors. Sian said the venture is building the country’s largest “ballroom” on a 1.2-hectare property to be completed by the end of 2013. It is, likewise, eyeing a new five-star hotel on top of four existing or planned hotels within the complex, located in Pasay City. Once completed, Sian said these developments will allow Resorts World to double the daily volume of visitors to 30,000 people. “Asia is the place for gaming. It has the fastest-growing economies so wealth creation in Asia is the largest in the world,” Sian said. At present, 60 percent of Resorts World visitors come from the domestic market with the remainder from neighboring countries in Southeast Asia, China and South Korea.

AGI and its property unit Megaworld Corp. own 40 percent and 10 percent of Travellers, respectively, both of which are controlled by businessman Andrew Tan.

The other 50 percent is held by Genting Hong Kong Ltd., an entertainment company that operates a fleet of passenger ships. Sian said Travellers’ target to double the P3.2-billion net income it booked in 2010 is “very doable” this year with growth expected to be driven across all segments.

Resorts World, which opened in August 2009, also operates a theater and cinemas within the property, as well as retail and commercial segments.

AGI shares rose 2.38 percent to P10.34 each on Friday while Megaworld declined 0.52 percent to P1.90 each.

Meanwhile, Sian said Travellers is on track to open its third hotel in Resorts World, called Remington Hotel, which will cater to the budget market. This will be followed by the four-star Hamilton Hotel.

There are presently two hotels in the area—the five-star Marriott Hotel and the all-suite Maxims Hotel.

“We will probably sign up another [five-star] hotel soon. Eventually, we will have close to 2,500 rooms,” Sian said, without naming the hotel operator.

AGI is involved in real estate development, liquor manufacturing and the fast-food sector.
nice, more good news. Go UP with AGIlity. hehehe. Smile
~In all your ways, acknowledge God.

Initializing Bazura Mode...
#8 looks like AGI would end up with Net Foreign Buy (NFB) today...we'll see in PSE's Quotation Report for today...
Pls don't follow me....I'm lost too! hehe
sold too early at 10.58 Wink congrats to those who are still holding on to their positions.
nihil timendum est.
sana ma-break na ang unang resistance tom. hehehe. Mukhang ended up with NFB siya Boss Ollie,

~In all your ways, acknowledge God.

Initializing Bazura Mode...

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