PMT Forum
How do you want to make money today?

PSE Stock: SAN MIGUEL BREWERY (SMB)

budek · 42 · 16773

budek

  • Newbie
  • *
    • Posts: 3
    • Likes Received: +0/-0
on: Apr 01, 2008, 03:09 PM
i just received an email from bpitrade that San Miguel is offering an IPO. I am inclined to purchase some stocks. If ever, this will be my first stock trading. I am yet to attend stock trading seminars. Any inputs or comments about this?
« Last Edit: Jun 01, 2012, 12:33 PM by FutureGizmo »


FutureGizmo

  • Admin
  • *
    • Posts: 5,078
    • Likes Received: +5/-0
Reply #1 on: Apr 02, 2008, 09:42 AM
I still have to look at the financial statements of of the company to assess its fundamentals but I think if their offer price is set at the low end (i.e., P8.00 level), then SMB might be a good buy.

Kung bibili kayo, maghanda na kayo kasi April 28 na ang start ng offering period. May 12 ang listing at trading date ng San Miguel Brewery.

http://www.pinoymoneytalk.com/2008/04/02/san-miguel-brewery-ipo/


bauer

  • VIP 4500
  • *****
    • Posts: 4,857
    • Likes Received: +12/-0
Reply #2 on: Apr 02, 2008, 11:41 AM
for me it's not prudent to buy SMB shares right now.  In simple terms, nag IPO na SMC nuon, ngayon split nila beer division para makahingi uli nang pera sa investors.  Ano na natira sa SMC na assets?  wala na di ba. bread and butter nila ang beer tapos separate pa nila ngayon.  Why do they do it? syempre para makakuha uli nang pera sa mga tao.  Gaya nang gobyerno (in the form of more taxes).

Saan naman gagamitin nang SMB ang new money from IPO? Di natin alam di ba.  Dapat para sa expansion nang capacity ng beer. eh 93% nang beer sa Pinas SMC na, e di wala nang place for expansion.  Kung overseas naman, bakit binenta nila beer division (beer factory shut down last year - marketing & sales na lang natira) sa hong kong and australia (kellogs)?

Baka magoyo mga investors, ibulsa lang nang kung sino ang most of IPO proceeds.  Who will left an empty bag?  Pagnilayan mabuti.


rael

  • Forum Expert 600
  • ****
    • Posts: 621
    • Likes Received: +0/-0
Reply #3 on: Apr 02, 2008, 03:58 PM
@bauer, that makes sense. IPO money should be used for growth, and that's how investors make profits. i'm not speaking specially about SMB, but any IPO in general. a good IPO is from a company who's small now and have huge potential to grow... basta think it thrice over...


ziggy

  • Junior Member
  • **
    • Posts: 40
    • Likes Received: +0/-0
Reply #4 on: Apr 02, 2008, 11:59 PM
I agree. But I dont think ibubulsa nila. I think pang fund sa other investments nila.


bauer

  • VIP 4500
  • *****
    • Posts: 4,857
    • Likes Received: +12/-0
Reply #5 on: Apr 04, 2008, 11:33 AM
additional info on SMC.  Kung confident stockholders sa future nila with San Miguel, why sell their shares?  danding sold more than 6B pesos, Henry Sy sold his entire shares last Nov.1, GSIS sold their entire shares last year,  SSS also.  

Wala na Coke, spin off na rin nila monterey and purefoods. Wala na National foods (Australia), wala na Enterprise center (building in Ayala), wala na Kellogs beer (Australia), shut down na beer plant sa hong kong, wala na rin san miguel packaging (binenta na sa japanese).  

Asan na bagong business nang SMC?  di naman nila nakuha national transmission business.  

Just visit their head office sa ortigas.  Kung mukhang kailangan na nang repairs ang building, bakit kaya wala pang budget sa repairs?

I think talagang kawawa lang ang bibili nang san miguel shares



budek

  • Newbie
  • *
    • Posts: 3
    • Likes Received: +0/-0
Reply #6 on: Apr 22, 2008, 04:11 AM
bauer, maraming salamat sa inputs mo.  now i'm thinking again, i just relied lang kse s name nila at dhil panay San Miguel products inumin s gimikan.  sbi s link s taas, s energy and mining nila gagamitin ung perang mkukuha s IPO.  

OT: anyway, naghahanap ako ng mgandang investment kse.  lugi ung bpi equity ko at d ko maalis alis.  naiisip ko tuloy bumili ng lng ng 2nd hand car pra s money on hand ko  :hihi:


FutureGizmo

  • Admin
  • *
    • Posts: 5,078
    • Likes Received: +5/-0
Reply #7 on: Apr 22, 2008, 04:25 AM
Good points you have there, bauer. Mukhang lumalabo nga ang prospects ng SMB. Yung isang kakilala ko na nagta-trabaho sa San Miguel, kinuwento sa akin na nagre-restructure na ang SMC at nagkakaroon na nga raw ng early retirement para mabawasan ng mga empleyado. May offer nga raw sa kanya, 250% ng kanyang salary times the number of years he worked in SMC. Malaki-laki nga raw at pinag-iisipan niya ngayon kung mag-retire na siya para makuha yun. Baka mamya yung proceeds nitong SMB IPO e mapunta lang na pambayad sa early retirement ng employees, lalong walang maiiwan para sa business.


silensyo

  • Forum Tambay 100
  • ***
    • Posts: 133
    • Likes Received: +0/-0
Reply #8 on: Apr 22, 2008, 10:08 AM
Good point FG and baur.


bajoyjoy

  • PMT Idol 1500
  • ****
    • Posts: 1,859
    • Likes Received: +12/-0
Reply #9 on: Apr 22, 2008, 10:39 AM
mukhang may koneksyon si bauer sa smc, alam na alam nya mga nangyayari sa loob e... thanks for the caveat bauer!


Jarlaxle

  • Forum Expert 500
  • ****
    • Posts: 559
    • Likes Received: +0/-0
Reply #10 on: Apr 22, 2008, 01:34 PM
Sa tingin ko magiging cashcow lang ng SMC yung SMB.  :hihi:


editas_farm

  • Forum Tambay 100
  • ***
    • Posts: 128
    • Likes Received: +0/-0
Reply #11 on: Apr 22, 2008, 06:50 PM
wow buti nalang this thread caught my attention, and thanks to u BAUER sa mga inputs, im about to buy stocks from ipo of smb, dapat talagang pag-isipan ito mabuti ng maka-ilang beses   :coffee:


budek

  • Newbie
  • *
    • Posts: 3
    • Likes Received: +0/-0
Reply #12 on: Apr 23, 2008, 07:42 AM
d b gusto ng mga stockholders ang nagbabawas ng empleyado, kase ung kita ng company eh mas lumalaki dhil kakaunti ang nagiging expenses?  s april 25 malalaman kung magkano ang final price, lapit n


bauer

  • VIP 4500
  • *****
    • Posts: 4,857
    • Likes Received: +12/-0
Reply #13 on: Apr 25, 2008, 06:00 PM
Latest update sa SMB, sa lower end nang price estimate ang offer ng SMB at nagbawas sila nang number of shares to sell.  Translation: lack of demand both overseas and domestic investors.

kaya lang, kung walang market appetite dahil down ang PSE, bakit nagpipilit pa mag IPO? Di ba ang Cebu Pacific, Shell, at iba pa nag postpone nang IPO dahil sa poor market condition? Bakit SMB nagpipilit kahit mababa? Mukhang kulang sa funds?
Posted on: Apr 25, 2008, 05:54 PM
budek, payo ko stick ka lang sa BPI equity investment mo. Equity is looking 5 to 10 years in the future para ma realize mo ang gain.  Kung down nga ang equity mas maganda magdagdag ka para bumaba average cost mo then tataas potential gain mo.

I also invest in bpi and i think the funds are being manage properly.  may kopya naman nang trading picks nila and it looks ok


iv19

  • Senior Member
  • **
    • Posts: 75
    • Likes Received: +0/-0
Reply #14 on: Apr 25, 2008, 07:02 PM
Good insights bauer :thankyou:


 


PMT Shoutbox

Refresh History
  • Post only questions or comments here. Advertisements NOT ALLOWED.
  • Niel Jhacoubs: Hello sa mga online jan! :)
    Jun 15, 2019, 02:58 PM
  • oragon: :applause:
    May 20, 2019, 03:53 PM
  • FutureGizmo: Thank you for reporting those spam posts, oragon! Spam posts now deleted.
    May 20, 2019, 01:59 PM
  • oragon: Admin kindly monitor some peps! posting and sharing inappropriate nude photos and website links
    May 20, 2019, 01:52 PM
  • @culinary10: Hello I am new here! Regarding sa bdo life insurance for 8 years, pwede pa kaya ma refund yung binayad ko na 50k last year? Gusto ko sana icancel kasi lack of financial na, last may 15 2018 po un nag start ako ng life insurance, pinili ko annually kaso etong may 15 2019 wala nako ma ipay so gusto ko sana icash out, may alam ba kayo kung pano marerefund?
    May 17, 2019, 07:56 PM
  • FutureGizmo: Hi Sonny, the posting issue is now resolved. Thanks for informing us! We're currently testing a new, mobile-ready theme so let us us know kung may problema pa sa Forum. :)
    Apr 04, 2019, 10:40 AM
  • sonny.wapak: Nakaka receive din ba kayo nito pag gawa ng new post? "Please try again. If you come back to this error screen, report the error to an administrator."
    Apr 03, 2019, 10:56 PM
  • leonine_zafiro: what product nun?
    Apr 01, 2019, 10:25 PM
  • dhondiex27: hi
    Mar 30, 2019, 10:55 PM
  • lusart: jayrob i agree 200%. hulog ng langit organico. legit na legit
    Mar 29, 2019, 09:08 AM
  • palemelch: Hi
    Mar 28, 2019, 04:08 PM
  • O.C.W._AK: Magandang Araw sa Lahat! Blessings! (",)
    Mar 28, 2019, 08:42 AM
  • thor15: hello everyone, newbie here
    Mar 25, 2019, 01:47 AM
  • captjaylo: present newbie here
    Mar 22, 2019, 10:06 AM
  • balboagilbert26: hello Guys .. Newbie here
    Mar 21, 2019, 10:55 PM
  • businesswoman2019: @jefsanity nag inquire na po ako pero di sila nagdidisclose. Yung branch po kasi na target ko, currently building pa.
    Mar 21, 2019, 04:27 PM
  • jefsanity: @businesswoman2019, much better inquire ka na lang sa admin nila.
    Mar 21, 2019, 01:51 PM
  • businesswoman2019: Hello! Any idea how much ang stall sa waltermart. 2m x 2m
    Mar 21, 2019, 08:28 AM
  • John Neil: Looking for an accredited iron foundry
    Mar 17, 2019, 03:19 PM
  • jayrob: Mark_Lee ung organico legit po yan..  Member din AQ..
    Mar 17, 2019, 12:57 AM
  • perlymelad: Hello po! Need advice, why my new MLM leaders failing?
    Mar 14, 2019, 08:51 PM
  • perlymelad: Present
    Mar 12, 2019, 07:53 PM
  • kennethmauricio: Hi saan po dito pwede mag post ng for sale properties?
    Mar 11, 2019, 07:58 PM
  • jefsanity: @mark_lee isipin mo anu passion mo at skills mo...
    Mar 11, 2019, 06:52 PM
  • sniperaj09: BAGO LANG
    Mar 10, 2019, 11:16 AM
  • mark_Lee: magandang investnent ngayon sa 30k suggest naman keo mga boss
    Mar 10, 2019, 03:07 AM
  • perlymelad: E-BOOK PO SIR @JEFSANITY
    Mar 09, 2019, 05:40 PM
  • perlymelad: @jefsanity Good Morning Po
    Mar 09, 2019, 05:39 PM
  • perlymelad: Good Day everyone
    Mar 04, 2019, 06:24 PM
  • jefsanity: anu ang small business na yan?
    Feb 28, 2019, 07:40 PM
  • perlymelad: Good Day Everyone
    Feb 28, 2019, 03:31 PM
  • perlymelad: Hello everyone, CAN ANYONE HELP ME SUGGEST ANY SIDE TOPIC  / PROBLEM OF  STARTING SMALL BUSINESS?
    Feb 28, 2019, 06:58 AM
  • perlymelad: Present, 1st time po
    Feb 25, 2019, 06:17 PM
  • jd2281: newbie po
    Feb 25, 2019, 12:26 PM
  • ejllantino: present... 1st time
    Feb 24, 2019, 07:14 PM
  • rheiel: present. first time
    Feb 24, 2019, 11:04 AM
  • MELVIE: thanks po
    Feb 24, 2019, 12:50 AM
  • steph123: hello po, ask lang po, ilang months po ba ang hihintayin after mo ma process ang mga documents para maitama ang mali sa NSO?
    Feb 11, 2019, 03:13 PM
  • Deborah: newbie here.thanks
    Feb 08, 2019, 02:17 PM
  • marj0503: hello im newbie here
    Jan 31, 2019, 10:53 AM
  • yan24: any one here planning to start a tesda skill training center
    Jan 26, 2019, 12:07 PM
  • manzjon: Forex trading forum
    Jan 25, 2019, 02:16 PM
  • Lizette Ramos: Pwede po bang patulong... Maganda po ba ang gasul retailing business?
    Jan 24, 2019, 09:14 PM
  • Imnobody: Hi sino naghahanap ng casino financer dito?
    Jan 16, 2019, 09:59 PM
  • Odlanyer22: Good day!
    Jan 16, 2019, 09:55 PM
  • maryen: at kung sakaling may somobra sa food na nailuto.. dapat po bang bayaran ng client un .. or ipapa take mo na sakanila?...
    Jan 16, 2019, 03:52 PM
  • maryen: HI! GOOD DAY! newbiz lang po... question lang po regarding sa catering.. if may 50pax po ako dapat lang po ba na sakto ang serving ng food?
    Jan 16, 2019, 03:50 PM
  • mark_Lee: cno na nag organico dito scam po ba yun or legit
    Jan 09, 2019, 03:04 AM
  • kuray08: Have a Prosperous New Year to all..
    Jan 06, 2019, 09:27 PM
  • ethan: Sino po may auto supply business dito? How profitable po ba ito in terms of monthly income? Lalo na kung meron na one or two na competition.
    Jan 04, 2019, 11:34 AM