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Exercise your Metro Pacific warrants and earn 335%

Metro Pacific Corporation (Stock Code: MPI) announced that its stock warrants acquired through tender offer or purchased in the open market can now be exercised and converted to MPI common shares.

The stock warrants, issued on October 23, 2006, can be converted to MPI common stock at a price of P1.00 per share until December 14.

With MPI’s stock closing at P4.35 on December 12, if you converted those warrants, you are are technically earning P3.35 per share or 335% from the conversion price. That, however, is still gross of associated fees, taxes, and the warrant acquisition cost.

It’s game over for AGLOCO

We knew it was coming, and now it’s official: pay-to-surf program AGLOCO is dead.

The same guys who owned and ran a similar program called AllAdvantage in early 2000 reinvented the business and launched AGLOCO.com late last year. They thought they already learned the makings of a successful “get-paid-to-surf-the-net,” but, from the looks of it, they did not.

It’s now the end of the road for AGLOCO, but unlike AllAdvantage where members were paid more than $160 million before going under, AGLOCO’s members did not see even a single cent.

Peso to hit P37.50 in 2008, says CitiGroup

The Philippine Peso might reach P41.50 to the dollar by end-2007, and can further appreciate to P37.50 next year, according to CitiGroup Inc. The global … Read More

Cebu Pacific operator to IPO in 2008

The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.

The company revealed that up to 72 million new shares and up to 63.4 million secondary shares will be offered to the public at a maximum price of P95.00 per share. The final offering price will be announced later.

Representatives disclosed that the Cebu Air IPO is expected to occur in 2008. Proceeds will be used to buy new aircraft and spare engines, for working capital and for other general corporate purposes.

Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.
The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.

The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.

The company revealed that up to 72 million new shares and up to 63.4 million secondary shares will be offered to the public at a maximum price of P95.00 per share. The final offering price will be announced later.

Representatives disclosed that the Cebu Air IPO is expected to occur in 2008. Proceeds will be used to buy new aircraft and spare engines, for working capital and for other general corporate purposes.

Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.
The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.

The company revealed that up to 72 million new shares and up to 63.4 million secondary shares will be offered to the public at a maximum price of P95.00 per share. The final offering price will be announced later.

Representatives disclosed that the Cebu Air IPO is expected to occur in 2008. Proceeds will be used to buy new aircraft and spare engines, for working capital and for other general corporate purposes.

Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.
The Securities and Exchange Commission (SEC) of the Philippines has approved the initial public offering (IPO) of Cebu Air, Inc., the operator of local air carrier Cebu Pacific.

The company revealed that up to 72 million new shares and up to 63.4 million secondary shares will be offered to the public at a maximum price of P95.00 per share. The final offering price will be announced later.

Representatives disclosed that the Cebu Air IPO is expected to occur in 2008. Proceeds will be used to buy new aircraft and spare engines, for working capital and for other general corporate purposes.

Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.

Oriental Peninsula IPO price is P2.68

Nickel miner Oriental Peninsula Resources Group announced that its initial public offering (IPO) price is P2.68 per share.

Oriental Peninsula is selling up to 300 million common shares, representing 20% of its authorized capital stock. The offering runs from December 6 until December 12.

The stock is expected to start trading at the Philippine Stock Exchange on December 18.

Oriental Peninsula is a company currently involved in two nickel mining projects in Palawan. It aims to raise P804 million from the IPO which it plans to use for capital expenditures and to augment working capital requirements.

Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.Â Nickel miner Oriental Peninsula Resources Group announced that its initial public offering (IPO) price is P2.68 per share.

Oriental Peninsula is selling up to 300 million common shares, representing 20% of its authorized capital stock. The offering runs from December 6 until December 12.

Nickel miner Oriental Peninsula Resources Group announced that its initial public offering (IPO) price is P2.68 per share.

Oriental Peninsula is selling up to 300 million common shares, representing 20% of its authorized capital stock. The offering runs from December 6 until December 12.

The stock is expected to start trading at the Philippine Stock Exchange on December 18.

Oriental Peninsula is a company currently involved in two nickel mining projects in Palawan. It aims to raise P804 million from the IPO which it plans to use for capital expenditures and to augment working capital requirements.

Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.Â Nickel miner Oriental Peninsula Resources Group announced that its initial public offering (IPO) price is P2.68 per share.

Oriental Peninsula is selling up to 300 million common shares, representing 20% of its authorized capital stock. The offering runs from December 6 until December 12.

The stock is expected to start trading at the Philippine Stock Exchange on December 18.

Oriental Peninsula is a company currently involved in two nickel mining projects in Palawan. It aims to raise P804 million from the IPO which it plans to use for capital expenditures and to augment working capital requirements.

Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.Â Nickel miner Oriental Peninsula Resources Group announced that its initial public offering (IPO) price is P2.68 per share.

Oriental Peninsula is selling up to 300 million common shares, representing 20% of its authorized capital stock. The offering runs from December 6 until December 12.

The stock is expected to start trading at the Philippine Stock Exchange on December 18.

Oriental Peninsula is a company currently involved in two nickel mining projects in Palawan. It aims to raise P804 million from the IPO which it plans to use for capital expenditures and to augment working capital requirements.

Discuss this Initial Public Offering in the IPO Discussion, News and Updates thread in the PMT Forum.Â

Western Union branches have different Peso exchange rates

A friendly reminder to everyone encashing their Google Adsense earnings via Western Union Quick Cash: scout first for the Western Union branch that offers the highest exchange rate because you will “lose” if you received a low rate.

This I realized when I encashed my Adsense income for November today. First I went to SM Megamall’s Bills Payment section where they process Western Union transactions. I asked what their dollar-to-peso exchange rate is and got told it’s $1 to P42.35.

I decided not to redeem my earnings yet and instead headed to an RCPI-Western Union branch inside St. Francis Square which is just across SM Megamall. The staff told me their current exchange rate is $1 to P42.67.

A friendly reminder to those encashing their Google Adsense earnings via Western Union Quick Cash: scout first for the Western Union branch that offers the highest exchange rate because exchange rates vary per branch and you will “lose” if you received a lower rate.

This is what I realized when I encashed my Adsense income today. First I went to SM Megamall’s Bills Payment section that processes Western Union transactions. I asked what their dollar-to-peso exchange rate is. I was told it was $1 to P42.35.

A friendly reminder to everyone encashing their Google Adsense earnings via Western Union Quick Cash: scout first for the Western Union branch that offers the highest exchange rate because you will “lose” if you received a low rate.

This I realized when I encashed my Adsense income for November today. First I went to SM Megamall’s Bills Payment section where they process Western Union transactions. I asked what their dollar-to-peso exchange rate is and got told it’s $1 to P42.35.

I decided not to redeem my earnings yet and instead headed to an RCPI-Western Union branch inside St. Francis Square which is just across SM Megamall. The staff told me their current exchange rate is $1 to P42.67.

A friendly reminder to everyone encashing their Google Adsense earnings via Western Union Quick Cash: scout first for the Western Union branch that offers the highest exchange rate because you will “lose” if you received a low rate.

This I realized when I encashed my Adsense income for November today. First I went to SM Megamall’s Bills Payment section where they process Western Union transactions. I asked what their dollar-to-peso exchange rate is and got told it’s $1 to P42.35.

I decided not to redeem my earnings yet and instead headed to an RCPI-Western Union branch inside St. Francis Square which is just across SM Megamall. The staff told me their current exchange rate is $1 to P42.67.

A friendly reminder to everyone encashing their Google Adsense earnings via Western Union Quick Cash: scout first for the Western Union branch that offers the highest exchange rate because you will “lose” if you received a low rate.

This I realized when I encashed my Adsense income for November today. First I went to SM Megamall’s Bills Payment section where they process Western Union transactions. I asked what their dollar-to-peso exchange rate is and got told it’s $1 to P42.35.

I decided not to redeem my earnings yet and instead headed to an RCPI-Western Union branch inside St. Francis Square which is just across SM Megamall. The staff told me their current exchange rate is $1 to P42.67.

Robot patients used for dentist training

A new robot has been invented in Japan which can help train dentists regarding dental pains experienced by patients. Read on, this one’s just absolutely cool.

Humanoid robot teaches dentists to feel people’s pain

Japan’s future dentists may soon be able to better appreciate patients’ pain by training on a humanoid robot that can mumble “ouch” when the drill hits a nerve.

The dental-training robot, dubbed Simroid for “simulator humanoid,” has realistic skin, eyes and a mouth fitted with replica teeth on which students practice drilling. A sensor fitted where the nerve endings would be raises the alert when they drill too close triggering a yelp from the robot.

“Ow, that hurt!” a female robot squeaked, narrowing her eyes as a young dentist drilled on her replica teeth. “Now, I’m OK,” she said as the dentist eased off.

Comments and reactions on the Makati standoff

The mutiny aka rebellion aka standoff at Ayala, Makati on November 29 led by Senator Antonio Trillanes IV drew mixed reactions from various groups in the Philippines. One side praised Trillanes and the Magdalo Group for their courage and determination in fighting for what they believe is right. The other criticized their method and was worried about the negative impact it has on the country.
In the PinoyMoneyTalk forum, a number of members voiced opposition against the commotion, albeit a few concurred with what Trillanes did. Here are a few of these comments culled from the discussion thread Trillanes, Lim, walkout from trial, call for GMA ouster; standoff in Makati.