PMT Forum
How do you want to make money today?

PSE Stock: SEMIRARA MINING CORP. (SCC)

bauer · 71 · 31975

williamturno

  • Probie
  • **
    • Posts: 19
    • Likes Received: +0/-0
Reply #60 on: Jun 04, 2016, 10:57 AM
Fundamental Outlook Remains Intact.

At current valuations, we believe that SCC is undervalued relative to its peers trading at FY16F P/E of 13.1x a 23.2% discount to industry average of 17.1x FY16F P/E. We also view that its long-term fundamentals are intact as we are positive on SCC due to the following: a) robust 3-yr EPS CAGR of 13.7% yoy driven by its higher mining capacity of 50.0% to 12.0M MT, b) sustained attributable capacity expansion of 31.1% by FY19F negating the expiration of the income tax holiday of its Units 3 and 4 Coal power plants in FY20F, and c) cost leadership in an increasingly liberalized power
industry due to the vertical integration of its power and mining business segments.

1Q16 Was Boosted By Coal.

SCC's 1Q16 net income increased 15.9% yoy to Php2.9B from Php2.5B (18.1% and 16.2% above BPI Sec and consensus estimates, respectively). We believe that the higher than expected net income was driven by a) coal segment's outperformance as sales volume increased 16% yoy to 2.9M MT from 2.5M MT (31.3% of our full year forecast of 9.3M MT) and coal gross profit margin expanded 15.5ppts to 58.3% from 42.8% (vs our forecasted coal GPM of 35.8%), b) depreciation is skewed towards the latter part of the year as potential retrofitting will be done during 3Q16 or 4Q16, and c) lower effective tax rate as Calaca Coal plant Unit 2 was down. The power
segment's 674gWh electricity sales declined 31.4% yoy from 982gWh (12.7% of our full year forecast).

(Source BPI Report) :)
« Last Edit: Jun 04, 2016, 10:58 AM by williamturno »


wilch23

  • VIP 6500
  • *****
    • Posts: 6,544
    • Likes Received: +8/-0
Reply #61 on: Feb 15, 2017, 09:41 AM
Inspection competed at Semirara.
Ano na?

Suspense ah.
Bullish pa naman yung ibang analysts dito.


kobabear

  • Forum Master 400
  • ***
    • Posts: 429
    • Likes Received: +0/-0
Reply #62 on: Feb 15, 2017, 10:29 AM
Meron  ako nito.

Sana hindi ma Lopez Viruz.


wilch23

  • VIP 6500
  • *****
    • Posts: 6,544
    • Likes Received: +8/-0
Reply #63 on: Feb 15, 2017, 03:46 PM
Waaa ... Viruzzz?
Sakit naman nyan ...


wilch23

  • VIP 6500
  • *****
    • Posts: 6,544
    • Likes Received: +8/-0
Reply #64 on: Feb 18, 2017, 10:25 AM
Meron kaya matitirang Mining Industry pa?


wilch23

  • VIP 6500
  • *****
    • Posts: 6,544
    • Likes Received: +8/-0
Reply #65 on: Feb 19, 2017, 06:21 PM
Hmmm ... so far ok pa ... mukhang wala rin negative rumors just yet ...
Price is holding.

Pero dba galit dn sa coal si GLOP?


wilch23

  • VIP 6500
  • *****
    • Posts: 6,544
    • Likes Received: +8/-0
Reply #66 on: Feb 25, 2017, 12:59 PM
So far so good , or is it?

Waiting to get in, pero with the current hype and risks, I'm getting cold feet ...


wilch23

  • VIP 6500
  • *****
    • Posts: 6,544
    • Likes Received: +8/-0
Reply #67 on: Mar 10, 2017, 11:14 AM
Mukhang 3rd time bypassed na si GLo ...
Reject na kaya?

Under current rules ng CA, it has to decide to confirm or reject after 3 strikes.
I think out na sya.
Hmmm... how much na ba Semirara?


wilch23

  • VIP 6500
  • *****
    • Posts: 6,544
    • Likes Received: +8/-0
Reply #68 on: Mar 12, 2017, 06:04 PM
Kapit pa rin si GLo ...


Delna

  • Probie
  • **
    • Posts: 13
    • Likes Received: +0/-0
Reply #69 on: Mar 12, 2017, 08:33 PM
yap nice to invest at stock  market as young as we are like bo sanchez said on his book that his helper do the right investment stock market


Nabbi

  • Probie
  • **
    • Posts: 13
    • Likes Received: +0/-0
Reply #70 on: Sep 05, 2017, 02:14 PM
they give 300% stock div.. any thoughts?


 


PMT Shoutbox

Refresh History
  • Post only questions or comments here. Advertisements NOT ALLOWED.
  • miakashidou31: hi , meron po ba ditong nagta transfer sa paypal?
    Nov 05, 2019, 01:46 PM
  • whennedy: good noon po
    Oct 18, 2019, 12:04 PM
  • edzlpdac: goood day po sa lahat!
    Oct 12, 2019, 03:37 PM
  • bpc85: ask lng sana ako kung may makukuha ba kami ng Mama ko at ako or mga kapatid ko sa benepisyo ng aming Ama bilang membro ng AFPSLAI. thank you po.
    Sep 27, 2019, 12:52 PM
  • bpc85: Hi guys, im new here,.
    Sep 27, 2019, 12:52 PM
  • Anaperdi: Hi just want to know if meron dito who is into boundary hulog ng motorcycle? For mga riders ng courier. Pwede ba magpashare how it works? Naisip ko lang baka pwede ko ibusiness, meron na pala mga posts online pero di pa clear ang system sa akin. thank  you sa makakapansin
    Sep 21, 2019, 11:32 AM
  • Anaperdi: Hi newbie here..
    Sep 21, 2019, 11:19 AM
  • jprios: May contact ba kayo kung sakali?
    Sep 18, 2019, 06:11 PM
  • jprios: Sino pwedeng mahiraman dito?
    Sep 18, 2019, 06:09 PM
  • kfg52: Present!
    Sep 15, 2019, 07:26 PM
  • juju31: san po ba may nag papahiram dito
    Sep 14, 2019, 07:18 PM
  • juju31: hello
    Sep 14, 2019, 07:18 PM
  • FutureGizmo: Thanks julz! Medyo ganun nga trabaho namin ngayon, to monitor spam posts kasi ang daming spam bots. But thanks for reporting. Auto-ban agad ang spammers sa amin haha
    Sep 07, 2019, 12:17 PM
  • julz: @FutureGizmo si @nikkikv18 just posted more than 10 posts about porn sites. hay, spam.
    Sep 03, 2019, 01:05 PM
  • Cid_brent: sino po dyan pwede magbigay send ng paypal funds and I will pay you using gcash?
    Aug 25, 2019, 08:58 PM
  • Meghan91811: Sino po may alam about Rice Farming...
    Aug 25, 2019, 07:44 AM
  • roselove: hello po sa inyo... newbie here
    Aug 06, 2019, 03:31 PM
  • Niel Jhacoubs: Sino palaging active dito?
    Jul 30, 2019, 04:15 PM
  • dagocjasonrey: Anong update dito?
    Jul 22, 2019, 08:49 PM
  • mark_Lee: anong bago dito
    Jun 28, 2019, 01:03 AM
  • mark_Lee: balita
    Jun 28, 2019, 01:03 AM
  • Lovelyprincess72: hi everyone , I'm newbie here
    Jun 27, 2019, 02:36 PM
  • Niel Jhacoubs: Musta?
    Jun 26, 2019, 01:43 PM
  • Forexanalysis: Hello
    Jun 25, 2019, 06:33 PM
  • 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