Philippine stocks are currently on the upswing even though the global economic recession is still hurting many investors worldwide.
The Philippine Stock Exchange Index (PSEi), a composite of 30 stocks traded in the Philippine Stock Exchange used to track the general movement of market prices, ended the first half of the year up as much as 30%.
The PinoyMoneyTalk (PMT) forum has opened a new folder exclusive for the discussion of individual stocks of listed firms traded in the Philippine Stock Exchange … Read More
The Philippine Stock Exchange (PSE) was to extend trading hours for two more hours starting June 30, 2009 but due to delays in the implementation of the new trading system and recent volatility in the financial markets, this plan has been shelved to October 2009, or probably even later.
Last month, we wrote about the schedule of the Stockholders’ Meeting of some of the Philippines’ publicly listed firms. Here are the information for some more companies.
Again, the Annual Stockholders’ Meeting is an opportunity for a company’s shareholders to listen to their executives talk about the firm’s performance during the past year and plans and projects for the upcoming year. Major issues related to the operations of the business are also tackled and several high-level decisions that need stockholders’ approval are discussed.
Last month, we wrote about the schedule of the Stockholders’ Meeting of some of the Philippines’ publicly listed firms. Here are the information for some more companies.
Again, the Annual Stockholders’ Meeting is an opportunity for a company’s shareholders to listen to their executives talk about the firm’s performance during the past year and plans and projects for the upcoming year. Major issues related to the operations of the business are also tackled and several high-level decisions that need stockholders’ approval are discussed.
Last month, we wrote about the schedule of the Stockholders’ Meeting of some of the Philippines’ publicly listed firms. Here are the information for some more companies.
Again, the Annual Stockholders’ Meeting is an opportunity for a company’s shareholders to listen to their executives talk about the firm’s performance during the past year and plans and projects for the upcoming year. Major issues related to the operations of the business are also tackled and several high-level decisions that need stockholders’ approval are discussed.
Last month, we wrote about the schedule of the Stockholders’ Meeting of some of the Philippines’ publicly listed firms. Here are the information for some more companies.
Again, the Annual Stockholders’ Meeting is an opportunity for a company’s shareholders to listen to their executives talk about the firm’s performance during the past year and plans and projects for the upcoming year. Major issues related to the operations of the business are also tackled and several high-level decisions that need stockholders’ approval are discussed.
Last month, we wrote about the schedule of the Stockholders’ Meeting of some of the Philippines’ publicly listed firms. Here are the information for some more companies.
Again, the Annual Stockholders’ Meeting is an opportunity for a company’s shareholders to listen to their executives talk about the firm’s performance during the past year and plans and projects for the upcoming year. Major issues related to the operations of the business are also tackled and several high-level decisions that need stockholders’ approval are discussed.
The Annual Stockholders Meeting is an opportunity for a company’s shareholders to listen to their executives talk about the firm’s performance during the past year and plans and projects for the upcoming year. Also during this time, major issues related to the operations of the business are tackled and several high-level decisions that need stockholders’ approval are discussed.
Here’s a list of the Stockholders’ Meetings of some of publicly-listed Philippine firms. If you own shares of these firms before the ex-date (four days before the Record Date), you are eligible to participate in the Meeting. Normally, you just need to bring a Certification that you own shares of company to be able to attend the meeting. Contact your broker for details on how you can get this Certification.
Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.
Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.
Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.
More about stock rights after the jump.
Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.
Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.
Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.
More about stock rights after the jump.
Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.
Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.
Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.
More about stock rights after the jump.
Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.
Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.
Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.
More about stock rights after the jump.
Abacus Consolidated Resources Holdings, Inc. (Stock Code: ABA) is offering additional shares through a 1:4 Stock Rights Offering to all stockholders as of ex-date of December 18, 2007.
Holders of ABA shares before the ex-date are entitled to the offering. Offer price is Php 0.01 per share.
Proceeds from the rights offering will be used to assist its operating partner in progressing the company’s mining interests.
More about stock rights after the jump.
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.
The Philippine stock market lost its early momentum last week and closed 0.12% lower at 3,819.75 following the growing uneasiness over the US economy and rising oil prices.
On Monday, October 15, investors snapped up stocks after returning from a 3-day weekend, with the composite index (PSEi) finishing at 3,861.38, nearly 1% higher from the previous week’s close.
Investor sentiment dampened during the week, however, as oil prices became volatile and concerns over the US economy continued.
Week-to-week and Year-to-Date (YTD, i.e., beginning of the year until this week) performances of the Philippine equity sectors are as follows:
(Legend:) Market Sector : Week’s Closing ; 1-Week Change ; YTD change
Here are last week’s top 10 gainers and losers.
