How much did you earn from Alcorn Gold Resources (APM)?
In the past two weeks, this has been the common conversation topic among jockeys, tsupiteros, and speculative stock traders. True enough, if you were able to join the speculation bandwagon, your APM stock would have already given you huge profits.
During last Friday’s trading, APM closed at P0.075 — a 317% price increase in the past two weeks alone.
Market researchers and brand marketers usually use five socioeconomic classes — Class A, B, C, D, E — when describing income segments of a population.
In the Philippines, it’s tough to describe who really comprise these segments and how big the segments are due to lack of credible and substantive researches.
The Philippines will again issue to the public retail treasury bonds or RTBs as a way of raising funds. The good thing with this debt instrument is that individual investors may have the opportunity to avail of this product because RTBs are sold in retail and do not require huge cash outlay.
In fact, minimum investment is only P5,000 (US$120), with additional investments also in multiples of P5,000 — making RTBs more accessible to the average Filipino investor.
Last week marked the third month I subscribed to SkyBroadband internet. As promised in the earlier article SkyBroadband internet trial review, I will post an update describing how the first three months of SkyBroadband subscription went.
First, let it be known that I was not paid to make this post and I am merely describing an objective experience with the two internet service providers (ISP) I have subscribed to in the past. I do not work and have never worked for SkyCable/SkyBroadband or Smart Corp. and will not get any benefit, in whatever form, by making this post.
With that disclaimer, let me share my experiences with both SmartBro and SkyBroadband.
It seems like more and more local banks are preferring the use of Long-Term Negotiable Certificates of Deposits (LTNCD) as a way of raising additional funds. Instead of issuing more shares or launching a new debt instrument, banks in the Philippines are resorting to LTNCDs which consumers find more attractive because they are relatively safe yet high-yielding compared to traditional deposits.
The Philippine Business Bank, a savings bank under the conglomerate of the Zest-O group, is planning to issue shares in an initial public offering (IPO) by the end of 2012 or by the first quarter of 2013.
Last week, the bank filed its application with the Securities and Exchange Commission in a bid to become one of the major players in the local banking industry.
If you own stocks of Alaska Milk Corporation (AMC), make sure you sell your shares to the company’s majority shareholders during the Tender Offer period, unless you want to hold on to those shares even if the stock will cease trading on the Philippine Stock Exchange (PSE) by November.
Coal Asia Holdings, Inc., parent company of the firm with the country’s second-largest coal reserves, is planning to raise up to P800 million through an initial public offering (IPO) before the end of the year.
The company will sell 800 million common shares — representing 20% of its total issued and outstanding stock — at an offer price of P1.00, also the share’s par value.
