Tuesday, February 6, 2018

A. Soriano Corporation (ANS)

This article may contain out of date contents.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
A. Soriano Corporation (ANS)
Sector
Holding Firms
Incorporation Date
Feb 13, 1930
Subsector
Holding Firms
Number of employees
 739 (Group Total)
Board of Directors
Chairman: Andres Soriano III, Vice Chairman: Eduardo J. Soriano
Other Directors: Oscar J. Hilado (PHN), John L. Gokongwei, Jr. (JGS)
Website / E-mail
http://www.anscor.com.ph / srg@anscor.com.ph 
2. Stock Information
Total Assets
22,525,351,000
Market Capitalization
17,650,000,000.00
Total Liabilities
4,078,770,000
Outstanding Shares
2,500,000,000
Retained Earnings
12,897,635,000
Listed Shares
2,500,000,000
Listing Date
Oct 25, 1973
Issued Shares
2,500,000,000
Board Lot
100
Free Float Level (%)
18.42%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
ANSCOR CONSOLIDATED CORPORATION
PCD NOMINEE CORPORATION (FILIPINO)
PCD NOMINEE CORPORATION (NON-FILIPINO)
A-Z ASIA LIMITED PHILIPPINES, INC.
UNIVERSAL ROBINA CORPORATION
36.09%
20.43%
20.24%
06.79%
02.58%
4. Company Descriptions and Business Development
Notes
1. In late 2017, Anscor Consolidated Corporation increased shareholdings to 51.31%.
2. In late 2017, It sold out entire shareholdings in CMSI and Enderun Colleges.
3. Andres Soriano III and Eduardo J. Soriano are brothers.
Overview
The Company's major investments include, among others, Phelps Dodge Philippines Energy Products Corporation, which manufactures wire and cable products; Seven Seas Resorts and Leisure, Inc., which owns and operates the Amanpulo Resort in Pamalican Island, Palawan. It has other investments in companies engaged in a wide range of activities in the Philippines including aviation, nurse deployment, business process outsourcing and real estate. As a holding company, the principal sources of income for ANS are: the share in net earnings of the companies in which it has investments, management fees, interest income, dividends and gains from the sale of investments mainly the trading gain on marketable securities and bonds.

A Brown Company, Inc. (BRN)

This article may contain out of date contents.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
A Brown Company, Inc. (BRN)
Sector
Property
Incorporation Date
Dec 21, 1966
Subsector
Property
Number of employees
 182 (Group Total)
Board of Directors
Chairman emeritus: Walter W. Brown, Chairman: Robertino E. Pizarro
Website / E-mail
http://www.abrown.ph / abci_headoffice@abrown.ph
2. Stock Information
Total Assets
5,310,627,970
Market Capitalization
2,353,784,515.45
Total Liabilities
2,535,485,870
Outstanding Shares
2,477,667,911
Retained Earnings
240,524,173
Listed Shares
2,079,437,823
Listing Date
Feb 08, 1994
Issued Shares
2,477,668,925
Board Lot
1,000
Free Float Level (%)
45.03%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
PCD NOMINEE CORPORATION
BROWN, WALTER W.
JIN NATURA RESOURCES CORPORATION
PBJ CORPORATION
80.73%
08.50%
04.90%
03.57%
4. Company Descriptions and Business Development
Notes
1. In late 2017, the total outstanding shares increased 20.49% because of the conversion of debts and deposits into equities. It will increase listed shares by 398,230,088 from the above mentioned numbers.
Overview
BRN is primarily engaged in the business of real estate development.  BRN, through its subsidiaries, also ventured into oil palm nursery and seedlings distribution, palm oil milling, operation of hotels, real estate brokerage, power generation, and investment in gold mining assets.

8990 Holdings, Inc (HOUSE)

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
8990 Holdings, Inc (HOUSE)
Sector
Property
Incorporation Date
7/8/2005
Subsector
Property
Number of employees
Board of Directors
Chairman: Mariano D. Martinez, Jr.
Website / E-mail
http://www.8990holdings.com / house@8990holdings.com
2. Stock Information
Total Assets
51,125,386,292
Market Capitalization
31,342,187,289.60
Total Liabilities
30,777,537,880
Outstanding Shares
5,517,990,720
Retained Earnings
10,434,342,842
Listed Shares
5,517,990,720
Listing Date
Dec 09, 2010
Issued Shares
5,517,990,720
Board Lot
100
Free Float Level (%)
25.15%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
IHOLDINGS, INC
PCD NOMINEE CORPORATION (NON-FILIPINO)
KWANTLEN DEVELOPMENT CORPORATION
JANUARIUS RESOURCES REALTY CORPORATION
YU, JR.,LUIS N.
PCD NOMINEE CORPORATION (FILIPINO)
39.48%
23.31%
16.78%
08.59%
04.67%
03.23%
4. Company Descriptions and Business Development
Notes
1. In 2017, it offered 5 billion pesos non-voting, perpetual preferred shares with dividend rate 6.0263%
Overview
As a holding company, it is engaged in real estate business. Many of its low-cost mass housing projects are registered with BOI (Board of Investment) for ITH (Income Tax Holiday) purpose. As of 2016, it completed 50 mass housing projects and is currently developing 11 more. The total number of units is around 41,000 units. It is also developing a mall (Deca Mall) in Manila and has a vacation hotel in Baguio.

2GO Group, Inc. (2GO)

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
2GO Group, Inc. (2GO)
Sector
Services
Incorporation Date
May 26, 1949
Subsector
Transportation Services
Number of employees
 760 (Group Total)
Board of Directors
Chairman: Dennis A. Uy
Website / E-mail
http://www.atsc.com.ph / investor_relations@2go.com.ph
2. Stock Information
Total Assets
16,555,218,000
Market Capitalization
40,850,477,880.00
Total Liabilities
12,549,932,000
Outstanding Shares
2,446,136,400
Retained Earnings
714,697,000
Listed Shares
2,484,652,900
Listing Date
May 15, 1995
Issued Shares
2,484,652,900
Board Lot
100
Free Float Level (%)
11.66%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
NEGROS NAVIGATION CO., INC.
PCD NOMINEE CORPORATION (FOREIGN)
PCD NOMINEE CORPORATION (FILIPINO)
88.31%
09.84%
01.06%
4. Company Descriptions and Business Development
Notes
1.  Related companies: PNX, 2GO, CLC
     Udenna Corp, Dennis Uy’s holding firm, controls PNX and 2GO, CLC(Chelsea Logistics Corp.).
     Through Udenna, Uy is expanding business aggressively such as Casino, property, education, etc.
2. SM Investment Corp. (SM) bought 34.5% stake of Nenaco in 2017.
Overview
2GO is the country’s largest integrated supply chain operator whose businesses include shipping, freight forwarding, warehousing and express delivery services. It was founded as a shipping service company under the name of William Lines, Inc. In 1995, William Lines, Carlos A. Gothong Lines and Aboitiz Shipping Corp. consolidated into WG&A. In 2004, Aboitiz Equity

Monday, February 5, 2018

TEL, MWIDE, SSS

1. PLDT’s 5-year P260-B Capex Program Enters 3rd Year. In 2018, PLDT’s capex will well exceed P50 billion, and is expected to stay at that level over the next two years.

Notes: 3rd telco really can beat the existing telcos? Foreign investors really think they can beat them? or just wanna a piece of share especially in Metro Manila? How many years should they pour money even after they set up initial infrastructure?

2. The consortium of Megawide Construction Corp. and India’s GMR Infrastructure have signed a contract to build a new passenger terminal for the Clark International Airport in Pampanga.
3. SSS want offshore investment also. The SSS has an investment fund of around P490 billion, seven percent of which can be placed offshore. Investments in government securities has the largest ceiling at 40 percent, while investments in equity can have a maximum share of 30 percent. The cap in membership loans is 10 percent.

Notes: How much money they are putting in local stock now? Does it mean realignment? Hmmm..no details..yet.
 

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

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...