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Initial Public Offering (IPO) news in the Philippines

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2slick

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Quote from: FutureGizmo

Anong SM ang me IPO? SM Investments ba? SM Prime Holdings? Di ba additional shares yan, kasi nag-IPO na ang SM Investments last year. O me bagong SM company na maga-IPO?


SM investments last year pa nga yan (march 2005) pero naka post pa din sa pse.org.ph , kuha daw ako kahit konti saka watch ko yung market para ma gets ko daw yung feel ng market, lurker mode lang muna ako dito as advised nung UP Prof na nag assists sa akin.


FutureGizmo

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Quote from: 2slick
SM investments last year pa nga yan (march 2005) pero naka post pa din sa pse.org.ph , kuha daw ako kahit konti saka watch ko yung market para ma gets ko daw yung feel ng market, lurker mode lang muna ako dito as advised nung UP Prof na nag assists sa akin.


Ok talagang hawakan ang SM Investments ngayon, lalo na't mukhang positive ang prospects sa ekonomya at sa mismong company. I used to hold this when it was stil in the 240s mark, nabenta ko at 252. Bumagsak 'to to its lowest of 200 at ngayon ay around 227 na siya, so kung nakuha mo 'to sa 200, malaki na kinita mo.

Pag-isipan ko pa kung kunin ko uli ito. Ang hawak ko ngayon e Ayala Land. Bought ALI 2 weeks ago at kahapon, binenta ko 12% yung net return. Not bad :D Bili uli ako today pag bumagsak ang presyo niya.


greenman

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Watch Out For The Ipo Of Gma Network. Sometime In May

Malakas Talaga Sm At Smph Ngayon...


2slick

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wow GMA, naku, mag iipon nako ng malaki pag blue chips yan.  

Me alam ba kayong mga stocks na hawak nila First Gentlemen Arroyo at kina Iggy mukhang magandang maki ride sa mga stocks na hawak nila.


cool_78

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Planning also to buy GMA stocks when it comes out. Di na ako gigimik muna :D


FutureGizmo

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Magkano daw ba initial price ng GMA? Hindi porke IPO sila e tataas yung stock price nila. Depende yun sa initial pricing nila, baka mamya overpriced yung stock.

Last year, nag-IPO ang SM Investments (code: SM). Nag-open siya at 250 sa first day nya then intra-day ang highest nya e 252, pero bumagsak na nang tuloy-tuloy. Ngayon, it's at 225. So kung bumili ka during the first day at 250 tapos nde mo pa siya binebenta hanggang ngayon, talo ka pa kasi 225 pa lang presyo niya.

So ingat din sa pagkuha ng IPO stocks. Depende talaga yan sa valuation ng stock price.


nailbiter

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FutureGizmo

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Talaga? Dapat binenta nyo na nuon. Ako rin, excited sa SM IPO, bumili rin ako on the first day. Buti na lang, na-late ako ng konti sa pagbili kaya 247 ko na nabili. Nag-abang ako ng ilang araw at nang tumaas to 252, binenta ko na. Simula nun, bumagsak na nang bumagsak ang SM, bumaba pa nga to 200 e.

Kung meron pa kayo ngayon, benta nyo na ang consider it a loss. Pede ring maghintay bumalik sa dating presyo, pero mukhang aabutin pa yan ng 2-3 years.

Kaya ngayon ayaw ko muna sa SM, ALI (Ayala Land) at SMPH (SM Prime Holdings) muna ako.


nailbiter

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Tsk, oo nga. Di ko alam sakto at what price we bought. Nasa ermat ko e. Pero alam ko nga bumagsak.

Re: GMA, tuloy na nga kaya yan? Payag na mga Jimenez?


Mike QC

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Yes correct ka dyan FG. Hindi porke IPO e tataas na.  Madami na akong na-experienced na pag IPO day... na bumaba lang ng bumaba at hindi man lang nakapag bwelo.  That's why I also consider IPOs as high risk at 50-50 talaga ang chance mo either it will go up or down.  Aside from its price valuation, minsan kasi yung timing nila sa pag labas ng IPO ay hindi rin maganda (like say may economis crisis or political instablity on that very day of IPO or minsan naman madami silang nakasabay na mag IPO or madaming kalalabas lang at sunod-sunod na IPO).
« Last Edit: Mar 04, 2006, 04:53 PM by Mike QC »


cool_78

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naku! kakatakot din pala. Kala ko kasi porket IPO sure kita agad. Need to do some more homework


clark

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sa tingin niyo ba kung may IPO na ang GMA7, ok bang bumili dito ng stock kahit mahal?

ang balita sa akin kasi ng isang agent sa citiseconline malapit na daw at pati 2nd IPO ng rcbc

your thoughts please  :think:
« Last Edit: May 03, 2007, 09:24 PM by annanymous »


FutureGizmo

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It depends on how the initial shares will be priced and how many shares will be pre-subscribed. Last year excited ako bumili ng shares ng GMA pero nadelay nang nadelay ang IPO nila. This year check ko muna ang financial stats nila at ang IPO price bago ako mag-decide kung bibili nga ba ako.

I remember buying shares of SM Investments Corp. during its IPO last year. Initial price was P250, opened at 248 nabili ko at 247 tapos in 2 or 3 months bumagsak hanggang 208. Kung natakot ka sa pagbagsak at binenta mo agad baka nalugi ka pero ngayon ok na uli kasi lampas 300 na ang presyo nila.
« Last Edit: May 03, 2007, 09:25 PM by annanymous »


clark

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FG, i am very new to the stocks. where do you check the financial stats of a certain company? and is there some way we would know how much they would be selling its initial price?

salamat po...
« Last Edit: May 03, 2007, 09:27 PM by annanymous »


FutureGizmo

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Regarding financial statements of public companies, I'm not sure if the SEC website offers free downloads but most of the time, the official website of the company has these info. If not, you can go to the SEC to get a copy of their financial statements for a fee.

Re: IPO price, it's usually announced by the underwriters of the offering or published in newspapers. You can also approach your stockbroker and I'm sure they'll have an idea about the IPO.
« Last Edit: May 03, 2007, 09:28 PM by annanymous »



lowije_dapogs

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May nag-invest ba sa inyo sa Pacific Online's IPO kahapon? Yung mga nakatunog dito, tubong-lugaw talaga sila... :thumbsup2

Quote
Inquirer.net 4/12/07
Pacific Online shines on debut


Xinhua Financial News Service
Last updated 10:00am (Mla time) 04/12/2007

MANILA, Philippines -- Pacific Online Systems Corp. jumped 49 percent from its initial public offering price of P8.88 on its first day of trading.

At 9:45 a.m., the stock was trading at P13.25 on volume of 1.14 million shares.

Pacific Online, which leases online betting equipment to government-run Philippine Charity Sweepstakes Office, sold 39.8 million shares to the public, including 28 million shares offered by existing shareholders and 11.8 million new common shares.

The proceeds will be used to install additional online betting terminals in the the Visayas and Mindanao regions, company officials said earlier.



Jnbs07

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annanymous

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Update from 2TradeAsia:

(As of April 30, 2007, 7 pm)

Quote
GMA-7 sets IPO price at P7-P8.50/share

GMA Network, Inc. (GMA-7) is eyeing to sell as much as 91.35mn common shares to local investors at a minimum offer price of P7/share, maximum of P8.50, based on its filing with the Securities and Exchange Commission (SEC). Also, GMA-7 plans to sell up to 822.12mn Philippine Deposit Receipts (PDR), which will be offered to both local and foreign investors at the same price. Proceeds will be utilized to finance the network's expansion plan for the next 2 years. Tentative listing is on 30 July. Of the PDRs to be sold, 91.35mn shares will be offered as primary, 730.77mn secondary.


FutureGizmo

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July 30 pala ang listing nila. Iri-research ko pa kung ano tingin ng analysts sa initial IPO price ng GMA7 at kung good buy nga ba ito at that price. Kung merong analysts dito, post naman kayo ng analysis niyo (kahit confidential yun LOL) :D
« Last Edit: May 03, 2007, 09:29 PM by annanymous »


dwin

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rael

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from inq7.net, more IPOs coming after the elections...

can everybody help fill up the price and minimum purchase of shares for these? pag may makuha ako, i'll update din.

Phoenix Petroleum Philippines Inc.: price / minimum shares
Intelligent Wave Philippines Inc.: price / minimum shares
Aboitiz Power Corp.: price / minimum shares
Golden Arches Development Corp.: price / minimum shares
GMA Network Inc.: P7 / minimum shares

tsaka, which two is your best bet, and why? (parang pageant question ah. world peace!)

thanks! :D
« Last Edit: May 03, 2007, 09:27 PM by annanymous »


gramme

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hello everyone! newbie here

There is a price-setting date for IPOs, usually a week before the shares are offered. You will know the offer price only by then.Sometimes, weeks ahead of the offer, a price-range is published. If demand for the shares is expected to be low, then a lower price is set and vice-versa. I remember First Gen Corp in 2006, the underwriters offered the share at 47 pesos instead of the initial plan of 71 pesos because of the low appetite for Philippine equities at the early part of the year. Minimum subscription is usually one board lot, unless specified by the underwriter. If offer price is between 1.02 and 10.00 then you can subscribe to a minimum of 1000 shares.

The company's prospectus can be downloaded from the pse website during the offer period.

A string of recent IPOs debuted strongly in the market. EDC gained a whopping 100% in just 3 months. LOTO opened 50% higher on its first trading day alone. IPOs have become attractive therefore, especially to investors looking for a quick profit in a matter of days ( minimum 20% ).

Personally I look forward to the IPO of Aboitiz Power Corporation the most, Golden Arches a close second.
GMA 7 not so much because I don't really like local television fare. I tend to buy what I like, and that is just my personal bias. GMA 7 looks like a good company though. And judging from the way ABS-CBNs stock has performed in the market, GMA may just follow the same path, and therefore may be a good long-term hold. To each his own though.

just sharing my little knowledge.  
« Last Edit: May 03, 2007, 09:25 PM by annanymous »


annanymous

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^Inaabangan ko rin ang IPO ng Golden Arches. Para kahit hindi man matupad ang pangarap kong magkaroon ng franchise ng Mcdo, at least kahit stocks meron ako. :hihi:


marche

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anybody know the underwriters of the upcoming stocks na mag IPO?


gramme

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Quote from Phil Star business news item May 14, 2007 :

Aboitiz Power, the holding firm for all power generation and distribution assets of the Aboitiz family, is offering a total of 1.7 billion shares at a maximum price of P6 per share to raise about P12 billion. Bulk of the offer shares or 1.19 billion  will be sold overseas while the balance of 510 million shares will be issued to domestic investors. The local offering will run from July 4 to July 10.

GMA plans to sell 91.346 million shares to local investors and about 822.115 million PDRs to foreign investors at a price ranging from P7 to P8.50 each share.

Phoenix Petroleum Philippines Inc has increased the price range  for its planned IPO from P6.62 - P9.92 to P6.08 - P11.30 each share. Phoenix petroleum is offering to the public a total of 36.25 million shares. the offering is expected to start on June 13 to run until June 19. listing has been tentatively set on June 27.



Mark the dates on your calendars. BDO capital is the underwriter for Phoenix. I still don't know who will underwrite the GMA and Aboitiz IPOs.


annanymous

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Phoenix Petroleum Philippines Inc has increased the price range  for its planned IPO from P6.62 - P9.92 to P6.08 - P11.30 each share. Phoenix petroleum is offering to the public a total of 36.25 million shares. the offering is expected to start on June 13 to run until June 19. listing has been tentatively set on June 27.

Ngayon start nito di ba? Saan pwedeng bumili? :huh:


dwin

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dwin

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Tanong ko lang sa mga naka-avail na previously ng IPO:  

1.   May pagkakaiba ba kung bibili ako ng shares thru my online broker and kung bibili ako thru the underwriter mismo?
2.   May difference ba sa price and max # of shares na pde ko bilin?
3.   May advantage ba kung sa mismong underwriter ka bibili?


dwin

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Aboitiz Power kicks off roadshow for P12-B IPO
By Zinnia B. Dela Pena
Sunday, June 17, 2007
The domestic roadshow for the initial public offering (IPO) of Aboitiz Power Corp. (APC), the holding firm for all power assets of Aboitiz Equity Ventures Inc. (AEV), kicked off Friday.

In a disclosure to the Philippine Stock Exchange, AEV said the international offering, on the other hand, will immediately follow.

The pricing of the shares, meanwhile, has been set on June 30 after the close of the bookbuilding process and following discussions between APC and its underwriters.

AEV president and chief executive officer Jon Ramon Aboitiz said the roadshows will be held in Singapore, New York, London and Singapore.

Aboitiz said 70 percent or up to 1.22 billion of the shares to be offered will be sold in the international market while 30 percent or 521.74 million shares are reserved for domestic investors.

The shares will be sold at a maximum of P6 each share to raise as much as P12 billion.

APC has granted UBS AG as stabilizing agent an over-allotment option of up to 15 percent of the total offer shares representing up to 260.87 million shares.

UBS AG serves as the sole global coordinator and book runner for the issue with CLSA Ltd. and Macquarie Securities Pte. Ltd. acting as co-lead managers.

BDO Capital and PCI Capital Corp., on the other hand, have been tapped as lead domestic underwriters for the offering while ATR Kim Eng Capital Partners, Inc., BPI Capital Corp. and First Metro Investment Corp. will serve as domestic co-lead underwriters.

The domestic offering is expected to run from July 4 to 6 while the listing of the shares has been set on July 16.

Proceeds from the offering will be used to enhance APC's position as a participant in the privatization of state-owned power generation assets as well as in the development and acquisition of additional power projects.

The IPO is consistent with the provisions of the Electric Power Industry Reform Act (EPIRA) which calls for broader public ownership of electricity distribution and generation assets.

Since its inception in 1998, APC has accumulated interests in power generation facilities with a total installed capacity of 686 megawatts as of end-2006.

Among the companies under APC include Davao Light & Power Co. Inc., Visayan Electric Co. Inc., Hijos de F. Escano Inc., Cotabato Light & Power Co., Subic Enerzone Corp., San Fernando Electric Light and Power Co., Pampanga Energy Ventures Inc., and Aboitiz Energy Solutions Inc.

VECO and DLPC are the second and third-largest privately-owned distribution utilities in the country in terms of both customers and annual power sales.

« Last Edit: Sep 14, 2012, 11:04 PM by FutureGizmo »


annanymous

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From Phil. Star:

Quote
Local McDonald's chain defers IPO
By Zinnia B. Dela Pena
Monday, June 18, 2007

Golden Arches Development Corp. (GADC), the Philippine franchise holder of global fastfood giant McDonald's is temporarily putting plans to list at the Philippine Stock Exchange on the back burner as it sees no immediate need to raise cash.

"We are temporarily putting it on hold. We are not in a hurry," said GADC chairman George Yang when asked about the status of McDonald's Philippines' planned initial public offering (IPO).

Yang said GADC has sufficient funds to cover its working capital requirements and continued expansion.

GADC is owned 51 percent by the Yang family and 49 percent by Alliance Global inc., the investment holding firm of Megaworld Corp. chairman and president Andrew Tan.

The company earlier tapped Ernst & Young as financial advisor for the planned share sale.

GADC earlier said tapping the capital markets will provide the company a broader menu of sources of funds for its product development and domestic market expansion.
Source: http://www.philstar.com/index.php?Business&p=49&type=2&sec=27&aid=2007061749
Kainis. Jollibee na nga lang bibilhin ko. :hihi:
« Last Edit: Sep 14, 2012, 11:05 PM by FutureGizmo »


Jarlaxle

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^Sayang. Wait for the prices to go down na lang and buy JFC shares  :cool2:


annanymous

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From Philstar.net:

Quote
GMA Network's IPO approved
By Zinnia B. Dela Pena
Thursday, June 21, 2007

The planned initial public offering (IPO) of leading broadcasting firm GMA Network Inc. got the go-signal yesterday from the Securities and Exchange Commission.

Based on its registration papers, GMA plans to sell 91.346 million shares to local investors and 822.115 million Philippine Deposit Receipts (PDRs) to foreign investors at a price ranging from P7 to P8.50 each share.

GMA is expected to raise between P6.39 billion and P7.78 billion from the combined sale of stock and PDRs.

Of the PDRs being offered, 730.769 million are being offered by existing shareholders FLG Management & Development Corp., M.A. Jimenez Enterprises and Television International Corp. The remaining 91.346 million PDRs will be sold by the company itself.

GMA expects to receive up to P1.55 billion out of the total expected proceeds from the offering while the balance will go to the selling shareholders.

GMA will become only the second broadcast network to list on the Philippine Stock Exchange, next to rival ABS-CBN Broadcasting Corp.

Each PDR grants the right to the delivery or sale of one common share. Although holders of PDRs enjoy economic rights, they will not have any voting rights in respect of the underlying shares.

Such voting rights will, until exercise of the PDR, will be retained and exercised by GMA Holdings Inc.

A total of 182.692 million PDRs will be sold in the Philippines while 639.42 million will be sold overseas by Deutsche Bank, the appointed sole global coordinator and bookrunner and lead manager for the international offering.

ATR Kim Eng Capital Partners Inc., on the other hand, will serve as the lead underwriter for the local offering.

Tuloy na tuloy na. :applause:
« Last Edit: Sep 14, 2012, 11:06 PM by FutureGizmo »


irongoddess

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Guys, IPO ng Vista Land very soon!

Manny Villar's behemoth umbrella real estate company (which includes camella, brittany, crown asia and communities phil.) is slated to go public on June 25.  Get ready!


dwin

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dwin

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Phoenix Petroleum pegs IPO price at P9.80/share
By Zinnia B. Dela Pena
Saturday, June 23, 2007
 
Davao-based oil firm Phoenix Petroleum Philippines Inc. has set the price of its initial public offering (IPO) at P9.80 per share.

In its filing with the Philippine Stock Exchange, Phoenix said the final offer price is within the indicated price range of P6.08 to P11.30 per share.

The final offer price is 9.87 times the company's 2007 projected earnings of P144 million, it added.

Phoenix is offering a total of 36.25 million shares to the public, 29 million of which will be issued through a primary offering while the remaining 7.25 million will be sold by an existing shareholder. The offering will run from June 27 to July 3. Listing of the shares has been set on July 11.

Phoenix expects to raise P284.2 million from the IPO.  Proceeds from the secondary offering, on the other hand, are estimated to amount to P71.05 million.

BDO Capital is the lead manager and underwriter for the issue.

Phoenix  is setting aside P60 million over the next two years for the construction of more fuel service stations in line with its goal to become one of the major players in the industry.

The company plans to put up 40 new outlets annually in the next three years as it seeks to end 2012 with a total network of 250 stations.

About 30 outlets are expected to be established this year alone.

Phoenix is engaged in the business of trading refined petroleum products, lubricants and other chemical products under the "Phoenix Fuels Life" trademark.  It also operates  oil depots and storage facilities mainly in the southern part of the country and is the exclusive logistics service provider of airline company Cebu Pacific. 

In the first quarter this year, eight new retail service stations have been completed or are under construction.

The company is finalizing negotiations for the lease of two properties in Mindanao for use as oil depots and terminals in order to support the expansion of its operations in other regions in the country.

In Mindanao alone there are only 49 stations, which means that there is enough room for expansion.

Last year, Phoenix  posted a net income of P74.27 million, more than 14 times the P3.72 million profit reported in 2005.   Total revenues jumped 120 percent to P1.49 billion from only P680 million, primarily due to a substantial increase in sales of petroleum products and income from fuel and storage.

« Last Edit: Sep 14, 2012, 11:07 PM by FutureGizmo »


Ping

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gramme

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Most of the upcoming IPOs will be handled by BDO Capital.

It pays to have an account with your nearest BDO branch, to get a bite of the Local Small Investor allocation. Maximum 25k worth of shares can be purchased.


Jarlaxle

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GMA Investor's Briefing for IPO

Date: July 2, 2007
Time: 2:00 pm
Venue: Isla Ballroom
          Edsa Shangrila Hotel
          Mandaluyong City

The trading participants are advised to confirm their attendance with Fernie Barrion at Tel. 849-8919 or Fax 848-5640.




dwin

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Mga kapatid! Bilihan na pala ng IPO ng Phoenix! Pwde bumili sa BDO branch from jun27 - jun29 (ngayon), then july2 - july3 sa BDO Capital na. Minimum shares 1000, max shares 2000 @ P9.80/share. Punta nako! Babay!  :harhar:
« Last Edit: Sep 14, 2012, 11:08 PM by FutureGizmo »


annanymous

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^dwin, pag sa BDO branch binili, paano maibebenta? Thru BDO rin? Magbibigay ba sila ng stock certficate? Paano ang transaction? :help:


dwin

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Hi anna.

Kagagaling ko lang sa BDO branch. Ang sabi kase sa instruction ng Citisec, kuha raw kami 4 na application form sa bank then dalin sa Citisec office para maregister sa account namin, para ma-trade online. After sa Citisec, ipa-pass na sa bank. Kaso sabi sa bank, sa BDO Capital na raw ipa-pass kase nga gang ngayon na lang sa mga BDO banks. So sa Monday ko na to mabibigay sa BDO Capital.


annanymous

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^Thanks dwin! :) Para pala sa mga Citisec clients lang. Kakainggit! Yung broker ko kasi inutil. :secret:


dwin

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Pde rin kayo malamang, anna. Tamad lang cguro mag-advisory BPI Trade. Subukan mo kaya kol cla?


greenh99

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GMA Network starts int'l roadshow for P7.8-B stock offer

Public offer set for July 17-24

By Elizabeth Sanchez-Lacson
Inquirer
Last updated 02:07am (Mla time) 07/03/2007


GMA Network Inc., the country's most profitable network, kickstarted an international roadshow to five key international cities yesterday in a bid to raise as much as P7.8 billion from a public stock offering at the end of the month.

GMA Network executive vice president Gilberto Duavit Jr. said in an interview that a roadshow would be conducted until July 13 in Hong Kong, Singapore, London, Boston and New York.

A domestic offer is set for July 17-24 while the listing is set for July 30.

Out of the total offer, 70 percent will be given to international investors while 30 percent will be allocated to domestic investors, according to Roberto Benares, managing director of domestic underwriter ATR Kim Eng Capital.

In documents earlier filed with the Securities and Exchange Commission, GMA Network had said it planned to offer 91.35 million common shares at roughly between P7.00 and P8.50 apiece.

GMA Holdings Inc., a new corporation organized in the Philippines to issue Philippine Deposit Receipts (PDRs), planned to sell 822.115 million PDRs.

PDRs are shares that have economic benefits such as cash, stock or property dividends, but none of its voting powers. It also grants the right to its holder to the delivery or sale of a corresponding amount of common shares. The PDRs are proposed as a tool to generate interest among institutional investors.

Out of the total cash proceeds, roughly P1.5 billion will be raised from a primary offering while the rest, from a secondary sale of shares.

Proceeds of the stock offer will be used to fund the company's expansion, which involves the completion of new television studios, originating stations in the provinces such as Dagupan and Naga (which will produce programming catering to five key regional dialects), and setting up a second international channel, GMA Network chairman Felipe Gozon said.
« Last Edit: Sep 14, 2012, 11:05 PM by FutureGizmo »


greenh99

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Aboitiz Power sets final IPO price at P5.80 per share
Xinhua Financial News Service
Last updated 12:52pm (Mla time) 07/02/2007

MANILA, Philippines -- Aboitiz Power Corp. has approved a final price of P5.80 per share for its initial public offering of up to two billion shares, underwriters BDO Capital & Investment Corp. and PCI Capital Corp. said.

The final price falls within the range of P5.25-P6.25 per share given earlier by the company.

The IPO involves 1.74 billion new shares, excluding 260.87 million shares for the over-allotment option. About 70 percent of the shares were offered to foreign investors last month, with the domestic offer set to start on Wednesday.

Aboitiz Power's listing on the local bourse has been tentatively set for July 16.

It will use a portion of the IPO proceeds to bid for state-owned power plants and for greenfield power projects.

Aboitiz Power is wholly owned by publicly-listed conglomerate Aboitiz Equity Ventures Inc., which also has interests in banking, transportation, property and food.



greenh99

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I posted articles on GMA Network and Aboitiz Power IPOs above.  If I'm not mistaken, public offerings is set for July 17 for GMA and July 16 for Aboitiz.

Question lang po to the stock trader gurus out there - If I wanted to get in and purchase some of these stocks, how do I go about in doing so?  I currently do not have any online accounts for online brokers.  Is there a broker that I can contact to make this happen?  I really want to participate in these IPOs as soon as they are offered to the public.

Much thanks for the help!


dwin

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Bukas (wed) na ang ABOITIZ, greenh99.

Thanks for the posts. :thankyou:

Eto yung list ng brokers na nakuha ko sa online broker ko. Google mo na lang cguro yung tel #s nila tapos inquire ka how to avail of the upcoming IPOs.  :D

DEUTSCHE REGIS PARTNERS,
CLSA PHILIPPINES, INC.
ATR KIM ENG SECURITIES
SB SECURITIES,INC.
UBS SECURITIES PHIL., INC
ABN AMRO ASIA SECURITIES
MACQUARIE SECURITIES
JP MORGAN SECURITIES
PHILIPPINE EQUITY PARTNER
ABACUS SECURITIES CORPORA
WEALTH SECURITIES, INC.
CITISECURITIES, INC.
DBP-DAIWA SECURITIES (PHI
KEPPEL SECURITIES PHILIPP
BPI SECURITIES CORPORATIO
ASIASEC EQUTITIES, INC.
PAPA SECURITIES CORPORATI
TOWER SECURITIES, INC.
ACCORD CAPITAL EQUITIES
BDO SECURITIES CORP.
ANSALDO, GODINEZ & CO.
ANGPING & ASSOCIATES SECU
AB CAPITAL SECURITIES, IN
MANDARIN SECURITIES CORPO
TRITON SECURITIES CORPORA
FIRST METRO SECURITIES
BELSON SECURITIES, INC.
BA SECURITIES, INC.
QUALITY INVESTMENT & SECU
GOLDSTAR SECURITIES, INC.
REGINA CAPITAL DEVELOPMEN
STANDARD SECURITIES COPRO
RCBC SECURITIES, INC.
MERIDIAN SECURITIES, INC.
HDI SECURITIES, INC.
STRATEGIC EQUITIES CORP.
PCCI SECURITIES BROKERS C
R. COYIUTO SECURITIES, IN
EQUITIWORLD SECURITIES,IN
R.S. LIM & COMPANY, INC.
A & A SECURITIES INC.
E. CHUA CHIACO SECURITIES
SOLAR SECURITIES, INC.
LUCKY SECURITIES, INC.
THE FIRST RESOURCES MANAG
EVERGREEN STOCK BROKERAGE
MDR SECURITIES, INC.
R. NUBLA SECURITIES, INC.
IGC SECURITIES, INC.
FIRST ORIENT SECURITIES,I
PCIB SECURITIES, INC.
GLOBALINKS SECURITIES & S
BERNAD SECURITIES, INC.
GOLDEN TOWER SEC. & HOLDI
SUMMIT SECURITIES, INC.
UNICAPITAL SECURITIES
THING-ON SECURITIES LTD.
PREMIUM SECURITIES, INC.
I. ACKERMAN & COMPANY, IN
INVESTORS SECURITIES, INC
B.H. CHUA SECURITIES CORP
YU & COMPANY, INC.
SINCERE SECURITIES CORP.
DAVID GO SECURITIES CORPO
PAN ASIA SECURITIES CORPO
JAKA SECURITIES CORPORATI
GUILD SECURITIES, INC.
EAGLE EQUITIES,INC.
FIDELITY SECURITIES,INC.
H.E. BENNTT SECURITIES, I
ASTRA SECURITIES CORPORAT
AURORA SECURITIES, INC.
S.J. ROXAS & COMPANY, INC
KINGS POWER SECURITIES
ALAKOR SECURITIES CORPORA
EASTERN SECURITIES DEVT C
CUALOPING SECURITIES CORP
HK SECURITIES (PHILS), IN
OPTIMUM SECURITIES CORPOR
WESTLINK GLOBAL EQUITIES
UCPB SECURITIES,INC.
LUY S SECURITIES COMPANY,
MERCANTILE SECURITIES COR
J.M.BARCELON & COMPANY, I
F.YAP SECURITIES,INC.
YAO & ZIALCITA, INC.
DA MARKET SECURITIES, INC
MOUNT PEAK SECURITIES, IN
A.T. DE CASTRO SECURITIES
ASIA PACIFIC CAPITAL EQUI
IMPERIAL. DE GUZMAN,ABALO
VICSAL SECURITIES, INC.
I.B. GIMENEZ SECURITIES,
G.D. TAN & CO.
ATC SECURITIES, INC.
CAMPOS LANUZA & CO.
PLATINUM SECURITIES, INC.
FIRST INTEGRATED CAPITAL
JSG SECURITIES, INC.
INTRA-INVEST SECURITIES,
R & L INVESTMENTS, INC.
ALPHA SECURITIES CORPORAT
NEW WORLD SECURITIES, INC
PUBLIC SECURITIES CORPORA
PNB SECURITIES,INC.
RTG & COMPANY, INC.
SARANGGANI SECURITIES, IN
ARMSTRONG SECURITIES, INC
DIVERSIFIED SECURITIES, I
SECURITIES SPECIALSTS, IN
TRANS-ASIA SECURITIES, IN
TANSENGCO & COMPANY, INC.
LOPEZ, LOCSIN, LEDESMA &
LARRGO SECURITIES COMPANY
WONG SECURITIES CORPORATI
FRANCISCO ORTIGAS SECURIT
BENJAMIN CO CA & COMPANY,
VENTURE SECURITIES, INC.
EIB SECURITIES, INC
APEX PHILS. EQUITIES
AAA SOUTHEAST EQUITIES, I
TRI-SATE SECURITIES, INC.
SUPREME STOCKBROKER, INC.
COHERCO SECURITIES
UPCC SECURITIES CORP.
NIEVES SANCHEZ, INC.
EASTWEST CAPITAL CORPORAT
« Last Edit: Sep 14, 2012, 11:06 PM by FutureGizmo »


greenh99

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what??! :eek: :huh:  bukas na?!?!

Kainis...I might not have enough time to get in at IPO rates.  Haay....  But thanks for the info dwin!   Haba ng listahan.  Ever conducted business with any of them offline?  Any recommendations?  Baka sa GMA na lang ako makakahabol.


dwin

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Di pa ko nakapag-transact sa khit kanino sa kanila, pero advise ko dun ka na pumunta sa mismong underwriter.

BDO Capital for ABOITIZ, ATR Kim Eng naman for GMA. :)


goldchest

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I posted articles on GMA Network and Aboitiz Power IPOs above. If I'm not mistaken, public offerings is set for July 17 for GMA and July 16 for Aboitiz.

Question lang po to the stock trader gurus out there - If I wanted to get in and purchase some of these stocks, how do I go about in doing so?

I currently do not have any online accounts for online brokers. Is there a broker that I can contact to make this happen? I really want to participate in these IPOs as soon as they are offered to the public.


Much thanks for the help!


Sir dwin and greenh99, correct me if I'm wrong, so i have to go first to underwriters of Aboitiz and GMA and purchase shares there and then go to philstocks to open an account for online trading? :help:

Thanks a lot! sorry for my being redundant if this was posted already...
« Last Edit: Sep 14, 2012, 11:08 PM by FutureGizmo »


dwin

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Mam goldchest, kung meron kang online broker like philstocks, usually sila na mismo ang mag-oofer sa yo thru their announcement sa  website nila. Kung baga, papindot-pindot ka lang, may IPO shares ka na. Kase nga may account (must be enough to cover the volume of shares you'd like to buy) ka sa kanila.

Kung wala naman sila announcement sa website, kol ka muna sa kanila para malaman mo ang procedure nila sa pag-avail ng shares.

I'm also new sa pagbili ng IPOs. I'm just sharing what I have experienced so far with my online broker.  :hihi:
« Last Edit: Sep 14, 2012, 11:07 PM by FutureGizmo »


greenh99

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Pepsi unit to join IPO bandwagon
Stock market sets new all-time high
by Elizabeth Sanchez-Lacson
Inquirer
Last updated 03:04am (Mla time) 07/04/2007

MANILA, Philippines -- Soft drinks firm Pepsi-Cola Products Philippines Inc. will go public with the sale of up to 1.14 billion old and new shares to raise P6.9 billion, a preliminary prospectus filed with the Securities and Exchange Commission (SEC) showed.

The offer will consist of up to 380.78 million new shares and 761.57 million shares owned by Guoco Assets Philippines Inc., Hong Way Holdings Inc., The Nassim Fund and Orion Land Inc.

Guoco Assets holds 14.4 percent of Pepsi-Cola Philippines while PepsiCo has 32.9 percent; Hong Way Holdings, 25.89 percent; Nassim Fund, 17.6 percent, and Orion Land, 4.5 percent.

Pepsi-Cola Philippines is the licensed bottler of PepsiCo beverages in the Philippines. Its products include juices, iced teas, sports drinks and energy drinks. Its soft drinks and beverage brands include Pepsi, Diet Pepsi, Pepsi Light, Pepsi Max, 7 Up, Mountain Dew, Gatorade, Lipton Iced Tea, Tropicana, Propel and Sting.

In 2006, it sold 110 million eight-ounce equivalents of carbonated beverages and 10 million eight-ounce equivalent cases of non-carbonated beverages.

It also manufactures and packages products at 11 production plants nationwide and distributes them through 106 sales offices and warehouses.

Pepsi-Cola Philippines estimated that total proceeds would amount to P6.9 billion, assuming an initial public offering (IPO) price of P6.04 a share, the midpoint of its estimated price range. The offer price has yet to be set.

Of the expected proceeds, about P2.29 billion will be raised by the company from the sale of primary shares after deducting certain expenses.

In the nine-month period ended March 31 this year, Pepsi-Cola Philippines' net income amounted to P501 million, a decline of 21 percent from the same period in 2006. The company's fiscal year ends on June 30.

The company has tapped UBS Investment Bank as its sole international underwriter.

Pepsi-Cola Philippines' IPO application came as the local stock market surged to a new all-time high yesterday, with the Philippine Stock Exchange's main price index rising 60.3 points or 1.63 percent to 3,751.99, beating the previous record of 3,718.88 set last June 20.

"This is a reaction to the overnight gains on Wall Street. The market also chose to ignore for the moment the rise in interest rates," PCCI Securities president Francisco Liboro said.

The government's key borrowing rate shot up during Monday's Treasury bills auction as banks -- rattled by weak tax collections -- sought higher returns on their funds.

The rate for 91-day T-bills jumped to 3.477 percent, an increase of almost half a percentage point from the previous rate of 2.996 percent.

The US stock market also rose overnight on robust US manufacturing data, while the mood across Asia was lifted by a spate of US takeover activity.

Among regional markets, Tokyo's Nikkei average rose 0.3 percent, South Korea's benchmark KOSPI climbed 1.1 percent to a one-week high, and on Wall Street, blue-chip stocks ended nearly 1 percent higher while the tech-laden Nasdaq Composite Index added 1.1 percent.

So far this year, the Philippine main market index has gained 25.8 percent, or 769.45 points.

Total trades Tuesday hit P5.96 billion with 106 gainers against 24 losers.
« Last Edit: Sep 14, 2012, 11:09 PM by FutureGizmo »


ropher_66

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question lang po. if u will go into online broker (philstocks etc) u need to set up an account. So meaning u will put in money muna sa kanila so u cud buy stocks or pwede ring bank transfers. Sori for the question i know siguro meron ding post re this. Its just so happens na gusto ko talaga to get some IPO's kaso wala me sa country so sana pwde to transact with them on line. I think Pepsi co phil is a strong contender malakas yung non carbonated drinks nila also GMA is a good buy I think.  :thankyou:


gramme

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Regarding transacting IPOs through underwriters :

You must have an existing account with a brokerage house because the IPO shares will be lodged through PDC under the "name" of your brokerage house, and then those shares will be credited to your account. No certificates will be issued unlike before. You can still pay for IPO shares through the underwriter. The corresponding amount will be credited to your brokerage account once the shares have been received by your broker. Then, if you want, you can ask your broker to have your shares "certificated" in your name.


greenh99

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Question: Has anyone been able to buy IPO shares through online brokers? citisec, philstocks, etc?

Knowing that GMA Network will be offering to the public soon, I asked someone I know from MFMCP if it would be possible to get into these. (By the way, MFMCP's majority parent ATR KimEng Capital Partners, Inc. (ATRKECPI) is the domestic lead underwriter for GMA Network's upcoming IPO.) I was told that you'll need to open an account with a stock broker, but unfortunately, these "hot" IPO's are usually rationed and priority is given to their most active and bigger clients. The likelyhood of a new brokerage customer getting these "hot" IPO's are very small.

I was disappointed to hear this but of course, it is understandable that newcomers like me will be less prioritized by stock brokers with bigger clients, specially for "hot" IPOs.  Now in relation to my question, in online stock tradings, is this also true?  I mean, since online ang mga transactions, I'm thinking mas walang bias in terms of who buys the shares, right?  Or baka naman for IPO's, you still need to contact the online stock brokers to ask them if they have "shares" to be allocated to their clients?  In this case, puede ngang hindi ka pa din mabigyan ng allocation.  Which leads me back to my question: has anyone been able to buy IPO shares from online brokers?
« Last Edit: Sep 14, 2012, 11:10 PM by FutureGizmo »


dwin

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I did. Well, tried to... As of now kase, ang status ng aking subscription for a number of shares is still "RECEIVED". In other words, hanggang ngayon di pa rin nakakakuha ang online broker ko ng shares for my subscription.

Since this is, if I'm not mistaken, the last day of the offering, I'm not expecting anything anymore.

Totoo rin cguro yung sabi ng kakilala ko sa citisec, na palakasan din pla pag may IPO. Even with a broker, you're still not sure to get any shares.

But I'm not losing heart. Try ko uli sa GMA. I'm banking on the fact that since the owner/president of citisec is also a board member of ATR Kim Eng Equity Fund, there's a big chance I could land a nice number of shares. Just hoping   :dunno:
« Last Edit: Sep 14, 2012, 11:10 PM by FutureGizmo »


greenh99

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@dwin, so if I understand correctly, sa citiseconline, you have the option to apply for IPO shares, kaso nga lang, hindi lang sure kung mabibigyan ka or not, right?  And you do this totally online? No need to contact citiseconline?  If so, that answers my question na puede nga mag apply online.  Whether you get the IPO shares or not, is a different matter, hehe.  Ang Philstocks kaya may ganitong option?

Haay....as someone said to me: "People who open brokerage accounts for the first time just for the purpose of chasing an IPO are at a severe disadvantage.  The odds of a new brokerage customer getting hot IPO shares now are like finding a needle in a haystack."  

I hope you find the GMA needle sir dwin!  


rael

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kelan po ba actual listing ng aboitiz?

when that comes around, i think it should still be ok to buy if you really have faith in that stock. 'coz most likely price will still be at low levels.


tolome512

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hindi successful yun Aboitiz IPO application ko sa philstocks. This year lang ako ng open ng trading account. Siguro isa ito sa dahilan kaya di successful.

the criterion for allocation of Accord Capital Equities Corporation of IPO shares to it's clients is based on the client's value traded history and ranking for a period of one year prior to the IPO.


jflucena

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can anyone help me with this? ><

I'd really like to invest here...(although im more of an ABS fan lol).

if anyone can give me any contact person... I'm thinking of putting in about 5000 shares at least.

Thanks.


annanymous

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^May broker ka na ba? Kung meron na, magpa-reserve ka na sa broker mo. Kung wala pa, hanap ka muna. :)


AMARANTH

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masmalaki ang chance ninyo kumuha ng vista 2nd ipo offering keysa sa gma7 per advise lang kapag vista lang buy the ipo then dump it on listing date.


suite_princess

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greenh99

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IPOs seen sapping market liquidity this week

By Elizabeth Sanchez-Lacson
Inquirer
Last updated 11:19pm (Mla time) 07/15/2007

INITIAL public offers (IPOs) will take the limelight this week with big names such as Aboitiz Power Corp., GMA Network Inc., Philippine National Bank and Vista Land beginning their share issuances or listing activities.

"There will be some initial strength at the opening (of trades) on Monday but it will weaken after because of too many offerings. But that's good so investors can choose between the cheap and expensive. Issuers have become very greedy lately so having IPOs all at the same time actually creates a kind of shortage of funds so they have to allocate those funds more carefully," Eagle Equities Inc. president Joseph Roxas said.

Aboitiz Power, which will list Monday, offered 1.74 billion shares at P5.80. Up to an additional 260.87 million shares can be offered under an over-allotment option.

Proceeds of Aboitiz's offering will be used to expand the company's power-generating capacity.

GMA Network aims to raise up to P7.8 billion from a public offer which will start on July 17 to 24. It will offer 91.346 million common shares at up to P8.50 each.

GMA Holdings Inc., a new corporation organized in the Philippines to issue Philippine Deposit Receipts (PDRs), will also sell 822.115 million PDRs.

PDRs are shares that have economic benefits such as cash, stock or property dividends, but none of its voting powers. It also grants the right to its holder to the delivery or sale of a corresponding amount of common shares.

The PDRs are proposed as a tool to generate interest among institutional investors.

Out of the total cash proceeds, roughly P1.3 billion to P1.5 billion will be raised from a primary offering and the rest from a secondary sale of shares.


greenh99

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GMA7 to set IPO price at top end of selling range--sources

By Elizabeth Sanchez-Lacson
Inquirer
Last updated 06:54pm (Mla time) 07/15/2007

GMA NETWORK INC., one of the country's top broadcasting firms, has set the price of shares for its initial public offer at P8.50, market sources said.

The price is at the top end of the network's maiden offer range, which starts at P7.

The network's underwriters, Deutsche Bank AG and ATR Kim Eng Capital Partners Inc., declined to comment on the price over the weekend.

In its offering circular which it earlier disclosed to the Philippine Stock Exchange, GMA Network said it would offer a total of 91.346 million new common shares, while GMA Holdings Inc., a new corporation, will sell 822.115 million Philippine Deposit Receipts (PDRs).

PDRs are shares that have economic benefits such as cash, stock or property dividends, but retain no voting powers. It also grants its holder the right to the delivery or sale of a corresponding amount of common shares. PDRs are proposed as a tool to generate interest among institutional investors.

According to the network's underwriters, GMA may expect from the maiden offer anywhere from P6.4 to P7.8 billion in proceeds.

Up to 70 percent of the shares will be allocated to foreign investors, while 30 percent will go to domestic investors.

GMA's domestic offer is set from July 17 to 24, while the listing will be on July 30.

Out of the total cash proceeds of up to P7.8 billion, roughly P1.3 to P1.5 billion will be raised from the primary offering portion, while the rest will come from a secondary sale of shares.

Proceeds from the IPO will be used to fund the company's expansion which involves the completion of new television studios, originating stations in the provinces, such as Dagupan and Naga, which will produce programming catering to five key regional dialects, and the setting up of a second international channel, GMA chairman Felipe Gozon said.


greenh99

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PNB to offer 160.8M shares

Inquirer
Last updated 09:37pm (Mla time) 07/15/2007

PHILIPPINE National Bank is offering an additional 160.81 million shares to the public next week.

In a disclosure to the Philippine Stock Exchange (PSE), PNB said its offer will consist of 89 million new common shares and 71.8 million secondary shares. Of the total offer, 70 percent will be sold to international investors and 30 percent to local players.

PNB said the offer price would be computed based on the volume-weighted average trading price of the shares on the PSE for the period up to 30 trading days ending July 13, subject to a discount of 10 percent.

The closing price of PNB shares was P65 last Friday. At this price, the offering could raise for the bank and its shareholders roughly P10.4 billion.

PNB has tapped UBS AG as its international lead manager and PNB Capital and Investment Corp., Land Bank of the Philippines, and Development Bank of the Philippines as local underwriters.

An international roadshow is scheduled from July 16 to 17 with the price to be set on the latter date. A domestic offer will be conducted from July 20 to 24, while the listing date was set on Aug. 1.


2slick

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Re: PNB hirap pakiramdaman itong bank na ito, goverment to commercial bank, this is now owned by the great Lucio Tan.  

Me mag advise ba dito kung good or bad buy ito ?


cool_78

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Aboitiz power actually closed lower than it's IPO price of 5.80 down to 5.50 proving that not all IPO's are sure bets.


 


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  • 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
  • Niel Jhacoubs: Sino palaging active dito?
    Jul 30, 2019, 04:15 PM
  • dagocjasonrey: Anong update dito?
    Jul 22, 2019, 08:49 PM

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