Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of September Stay Safe, Stay at Home.
To learn the technique of Warren-buffett follow the link below:
Tuesday, December 15, 2020
Sunday, September 27, 2020
Philippine Stocks Watch-list September 2020!
Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of September Stay Safe, Stay at Home.
To learn the technique of Warren-buffett follow the link below:
Tuesday, August 11, 2020
Philippine Stocks Watch-list August 2020!
Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of August Stay Safe, Stay at Home.
To learn the technique of Warren-buffett follow the link below:
Thursday, July 23, 2020
ABS-CBN shares plunge 30%, losing P3.8 billion in market cap
ABS-CBN shares plunge 30%, losing P3.8 billion in market cap
The network's value falls to just over P8.9 billion
Shares of embattled media giant ABS-CBN sharply fell 30% after the local bourse operator lifted its trading suspension.
Trading of ABS-CBN shares resumed on Thursday, July 23, after it reported to the Philippine Stock Exchange (PSE) its business plans and financial position amid the shutdown. The trading suspension had been implemented July 13.
With the drop in share price to just P10.36 apiece, the network lost P3.8 billion in market capitalization. (READ: ANALYSIS: How ABS-CBN's exit will hurt PH economy)
The value of the network is now at just over P8.9 billion.
This value is far from its worth in 2016 or before President Rodrigo Duterte rose to power. Four years ago, ABS-CBN shares were trading at around P60 apiece, resulting in a market cap of around P51.7 billion.
Market capitalization reflects the company’s worth in the open market, as well as how the market perceives a company’s future. It also reflects how much investors are willing to pay for its stock.
The Kapamilya network said it is now shifting resources toward its digital and cable businesses after Congress denied it a franchise.
It also told the PSE it is reducing its "non-core" activities, after a massive drop in revenues.
ABS-CBN assured creditors it would pay its obligations.
The PSE index closed at 6,029 on Thursday, down by 0.5%. – Rappler.com
Read more: https://rappler.com/business/abs-cbn-shares-plunge-losing-billions-market-cap-july-23-2020
Wednesday, July 8, 2020
IPO ALERT!!! - Converge ICT
BROKERS anticipate a high demand for Converge ICT Solutions, Inc.’s planned P35.92-billion initial public offering (IPO) due to positive prospects for the telecommunications sector.
Last Friday, the fiber internet provider submitted with the Securities and Exchange Commission (SEC) its registration statement to do a public offering of up to 1.5 billion shares at a maximum price of P24 each.
The offering is targeted to begin on Oct. 13 until Oct. 19, with listing on the main board of the Philippine Stock Exchange on Oct. 26.
Philippine Stocks Watch-list July 2020!
Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of July. Stay Safe, Stay at Home.
To learn the technique of Warren-buffett follow the link below:
Sunday, June 7, 2020
Philippine Stocks Watch-list June 2020!
Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of June. Stay Safe, Stay at Home.
To learn the technique of Warren-buffett follow the link below:
Thursday, April 30, 2020
Philippine Stocks Watch-list May 2020!
Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of May. Stay Safe, Stay at Home.
To learn the technique of Warren-buffett follow the link below:
Tuesday, April 7, 2020
Philippine Stocks Watch-list April 2020!
Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of April.
To learn the technique of Warren-buffett follow the link below:
Sunday, March 22, 2020
Philippine Stocks Watch-list March 2020!
Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of March.
To learn the technique of Warren-buffett follow the link below:
Tuesday, February 18, 2020
Philippine Stocks Watch-list February 2020!
Philippine Stocks Watch-list that are currently undervalued and on Sale!!! for the month of February.
To learn the technique of Warren-buffett follow the link below:
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