Wednesday, February 7, 2018

Bogo-Medellin Milling Company, Inc. (BMM)

This article may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Bogo-Medellin Milling Company, Inc. (BMM)
Sector
Industrial
Incorporation Date
Jun 04, 1928
Subsector
Food, Beverage & Tobacco
Number of employees
 (Group Total)
Board of Directors
Chairman: Lauren W. Hanson
Website / E-mail
tontonbaluyot@gmail.com
2. Stock Information
Total Assets
342,480,000
Market Capitalization
684,000,000.00
Total Liabilities
128,024,000
Outstanding Shares
6,000,000
Retained Earnings
-9,282,000
Listed Shares
6,000,000
Listing Date
Nov 16, 1950
Issued Shares
6,000,000
Board Lot
10
Free Float Level (%)
42.70%
Par Value
10.00
Foreign Ownership Limit
100%
3. Major Stock Holders (common shares)
Lauren W. Hanson
Cede & Co
49.99%
09.68%
4. Company Descriptions and Business Development
Notes
1. 
Overview
The primary purpose of the Parent Company is to produce, buy, manufacture, refine, mill, import, export, sell, exchange, hypothecate, pledge, and generally deal in, store, ship, transport and carry sugar, sugarcane, sugar beets, molasses, syrups and related products.
It leases agricultural lands from various lessors.


Business
Revenue contribution in 2016 (in million pesos)
Raw sugar
Molasses
323
48
87.06%
12.94%

Subsidiaries / Associates / Affiliates / Joint Ventures
BOMEDCO Agricultural Corporation (BAC) lease agricultural land to be cultivated for sugarcane farming.

+++++++++++++++++++++++++++++++++++++++++

MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...