PMT Forum
Do you want to make money today? :)

Preferred Stocks?

vanillaicecream88 · 19 · 10087

vanillaicecream88

  • Probie
  • **
    • Posts: 14
    • Likes Received: +0/-0
Hello. San ba makikita sa website ng PSE ang mga available na preferred stocks? http://www.pse.com.ph/stockMarket/marketInfo-marketActivity.html?tab=1

And ano bang advantages and disadvantages ng pagbili ng preferred stocks? Thanks.


FutureGizmo

  • Admin
  • *
    • Posts: 5,077
    • Likes Received: +5/-0
Hi vanillaicecream88, we previously discussed Preferred Stocks, their pros and cons, and a listing of preferred stocks traded in the PSE in this blog post: Investing in Preferred Stocks in the Philippines

Hope this helps!


miakim287

  • Probie
  • **
    • Posts: 19
    • Likes Received: +0/-0
anu po ba ung preffered stocks? bkt tinawag na preffered stocks?  :thankyou:


neo

  • Forum Expert 600
  • ****
    • Posts: 678
    • Likes Received: +0/-0
^Basically po, kaya tinawag na "preferred" ay dahil sila ang uunahin na bayaran kaysa sa "common" stocks pagdating sa dividends at liquidation ng company. Pag nabayaran na po yung preferred, paghahati-hatian na po ng mga common shareholders yung matitira.


miakim287

  • Probie
  • **
    • Posts: 19
    • Likes Received: +0/-0
eh bkt sila naman po ung unang uunahin at  sino po ung mga common shareholder?


neo

  • Forum Expert 600
  • ****
    • Posts: 678
    • Likes Received: +0/-0
Bakit sila ang una? Dahil yun ang feature ng preferred stock. Kadalasan mas mataas ang par/stated value (presyo) ng preferred stock at wala silang voting power.

Ang common stockholders naman po ay yung "true owners" ng company. May voting power po sila.


bauer

  • VIP 4500
  • *****
    • Posts: 4,857
    • Likes Received: +12/-0
Bakit sila ang una? Dahil yun ang feature ng preferred stock. Kadalasan mas mataas ang par/stated value (presyo) ng preferred stock at wala silang voting power.

Ang common stockholders naman po ay yung "true owners" ng company. May voting power po sila.

I think anyone who bought a share in a company, preferred or common, is one of the "true owner".  The main difference between the two (common and preferred) is that the latter has superior claims in the company's finances.


neo

  • Forum Expert 600
  • ****
    • Posts: 678
    • Likes Received: +0/-0
I think anyone who bought a share in a company, preferred or common, is one of the "true owner".

Hindi po sir. Kaya po hindi kino-consider na "true owner" ang preferred stocksholders ay dahil wala po silang capacity to vote. Kasi po di ba, ang true owner po dapat may "say" sa mga decision during the stockholders' meetings.


Dutch_Boy

  • Senior Member
  • **
    • Posts: 94
    • Likes Received: +0/-0
not necessarily.

http://business.inquirer.net/171998/security-bank-gets-bsp-nod-to-issue-shares

please refer to the features of the voting preferred shares of Security Bank.
« Last Edit: Jun 24, 2014, 06:07 PM by Dutch_Boy »


neo

  • Forum Expert 600
  • ****
    • Posts: 678
    • Likes Received: +0/-0
I stand corrected po.  :-[

Ang term nga po palang ginamit ng law ay "may be restricted".

Pero ganun pa man po, ganun din po ang sum total nun, kasi po di ba kung real owner ka, kailangan pa po bang sabihin or ibigay sayo yung privilege na bumoto? Compare sa common stockholders po, provided na po ng law na may voting power po talaga sila.


bauer

  • VIP 4500
  • *****
    • Posts: 4,857
    • Likes Received: +12/-0
@neo,

In a publicly listed company, if you are a minority shareholder, being able to vote is the least of your concerns.  If it is too important for you so you can feel real ownership, I advise you not to invest in stocks for you will just be disappointed in the long run.


yllor

  • PMT Idol 1000
  • ****
    • Posts: 1,059
    • Likes Received: +0/-0
Hi vanillaicecream88, we previously discussed Preferred Stocks, their pros and cons, and a listing of preferred stocks traded in the PSE in this blog post: Investing in Preferred Stocks in the Philippines

Hope this helps!

seems the table of preferred shares stock code (ticker) in the link have error, i.e. SMC2 series. SMCP1 was already redeemed by SMC.

hope the table will be updated to include other preferred shares recently issued, traded or not traded in PSE.


Wills

  • PMT Jedi 2500
  • ****
    • Posts: 2,769
    • Likes Received: +3/-0
Preferred stock holders are not part of the company's growth.

But they are the first priority when the company goes bankrupt.

So yes common stock holders are "true owners" and preferred stock holders are company's partner in financing. <----- tama ba? Parang mali.... Pakicorrect na laang!


oca1101uk

  • Forum Master 300
  • ***
    • Posts: 368
    • Likes Received: +0/-0
Mga Ka PMTers...Please share the website of all indexes that showed trading 52 weeks highs and lows. Thank you mga Ka PMTers...


bauer

  • VIP 4500
  • *****
    • Posts: 4,857
    • Likes Received: +12/-0

So yes common stock holders are "true owners" and preferred stock holders are company's partner in financing. <----- tama ba? Parang mali.... Pakicorrect na laang!

Partially true, but preferred shares can also be use by the majority shareholder to gain "MORE MONEY" than the common shareholders.  Preferred shares can also be use by the majority owner as an effective control on management EVEN if the original owners does not have majority numbers of common shares.

Preferred shares are sometimes design for PROTECTION and PROFIT distribution advantage at the instance of original owners.


vanillaicecream88

  • Probie
  • **
    • Posts: 14
    • Likes Received: +0/-0
Hi vanillaicecream88, we previously discussed Preferred Stocks, their pros and cons, and a listing of preferred stocks traded in the PSE in this blog post: Investing in Preferred Stocks in the Philippines

Hope this helps!

Thanks @FutureGizmo

Always ba updated ung list? :)


wilch23

  • VIP 6500
  • *****
    • Posts: 6,541
    • Likes Received: +8/-0
I believe that, in general, preferred shares are kind of a hybrid loan type of liability, as far as the issuing corp is concerned. This is to differentiate from a common share being an equity type of liability.

A preferred share usually has a date for the corp to redeem the preferred shares, wherein the option can reside with the issuer or the holder of shares. The corp is then obligated to return the original investment of the holder.

And yes, there are voting preferred shares as well as non-voting common shares. These shares all depend on the approval of SEC.



Wills

  • PMT Jedi 2500
  • ****
    • Posts: 2,769
    • Likes Received: +3/-0
Partially true, but preferred shares can also be use by the majority shareholder to gain "MORE MONEY" than the common shareholders.  Preferred shares can also be use by the majority owner as an effective control on management EVEN if the original owners does not have majority numbers of common shares.

Preferred shares are sometimes design for PROTECTION and PROFIT distribution advantage at the instance of original owners.

Ahh ok thanks Bauer :cool2:


Rothschild

  • Forum Master 300
  • ***
    • Posts: 369
    • Likes Received: +0/-0
read a company's prospectus first before buying para alam mo yung terms


 


PMT Shoutbox

Refresh History
  • Post only questions or comments here. Advertisements NOT ALLOWED.
  • Doni_megaworld: Happy Saturday! who's online?
    Today at 08:48 AM
  • Doni_megaworld: Good Morning! who's online?
    Yesterday at 07:34 AM
  • Doni_megaworld: Hi Guys, who's online?
    May 29, 2020, 03:08 PM
  • Doni_megaworld: good morning! who's online?
    May 28, 2020, 08:47 AM
  • Doni_megaworld: good morning guys!
    May 27, 2020, 09:47 AM
  • Doni_megaworld: work work
    May 26, 2020, 02:47 PM
  • Niel Jhacoubs: What's good in this afternoon?
    May 26, 2020, 02:01 PM
  • Doni_megaworld: agreed
    May 25, 2020, 03:30 PM
  • Niel Jhacoubs: @lyndrey depende siguro sa seller, so kung mag order kayo online much better na kilala niyo at trusted
    May 25, 2020, 02:29 PM
  • Doni_megaworld: kumusta? sino mga online?
    May 24, 2020, 03:24 PM
  • lyndrey: Do not buy PPE online. Either expensive overpriced or totally damaged or cannot be used
    May 24, 2020, 01:37 PM
  • lyndrey: Online Scammers/online shopping cheats are active with stay at home regimen.
    May 24, 2020, 01:34 PM
  • Niel Jhacoubs: @razee22 Parang di na po nacoconvert into money ang load po.
    May 12, 2020, 04:07 PM
  • razee22: any advised or recommendation?
    May 12, 2020, 11:16 AM
  • razee22: Paano po ba iconvert ang load into money like Paypal, Paymaya or Gcash?
    May 12, 2020, 11:15 AM
  • razee22: paano po ba iconvert ang load into money? Paypal or Gcash
    May 12, 2020, 11:14 AM
  • Niel Jhacoubs: Hellooooo, okay lang ba kayo dyannnn?
    May 11, 2020, 11:40 AM
  • theimprobableone: hi
    May 05, 2020, 11:37 AM
  • freelance_treasure_hunter: hello all...
    Apr 28, 2020, 04:26 PM
  • Niel Jhacoubs: Can someone save me?
    Mar 24, 2020, 01:39 PM
  • Niel Jhacoubs: I'm tired.
    Mar 24, 2020, 01:39 PM
  • Victorvargas: Hello sa lahat po new lang po dito. Hope na marami matutunan ako about business.
    Mar 21, 2020, 09:43 PM
  • Niel Jhacoubs: Yoh, its been a while.
    Mar 17, 2020, 10:33 AM
  • demi07: Hello everyone! New in pinoymoneytalk :)
    Mar 14, 2020, 01:24 PM
  • theappswitch: Hi!
    Feb 25, 2020, 03:14 PM
  • mike2020: hi po sa inyo lahat
    Feb 23, 2020, 11:52 PM
  • Jayjayqwe: hi po
    Feb 19, 2020, 11:27 PM
  • tirs d pip: hello
    Feb 18, 2020, 02:32 PM
  • Ace1105: Hello sa lahat...  :hello:
    Feb 07, 2020, 09:46 AM
  • FREYAHYARA: Anyone knows where Ig shops like styledom.ph, thriftme, instashoppeavenu and the likes get their items for selling. Would like to venture in the same business but would like to know where and who the suppliers are
    Jan 28, 2020, 09:38 PM
  • Niel Jhacoubs: To bpc85 kung nakalagay ang inyong names sa beneficiary list ng iyong ama kay may makukuha po kayo.
    Nov 28, 2019, 02:18 PM
  • Niel Jhacoubs: Hellooooo, its been a while. :)
    Nov 28, 2019, 02:16 PM
  • 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