PSE Round-Up: March 25, 2013

PSE Market Summary:

The Philippine Stocks Market is up for a third day by 78.88 or 1.21% to close at 6,597.59. Total trades recorded were 22,601 with 99 stocks advances, 64 declines and 34 stocks unchanged.

ALI Partners With ACR for a Davao Project

Ayala Land Inc. (PSE:ALI) And Alsons Consolidated Resources (PSE:ACR) to develop a 25-hectare land in Lanang, Davao into a mixed-used community. The project will include residential and commercial lots, low to midrise towers and a retail component. The two companies have agreed on a 60%-40% sharing in favor of ALI.

PSE Round-Up: January 7, 2013

PSE Market Summary:

The Philippine Stocks Market was up by 73.46 or 1.23% to open the week. Total trades reached 30,491 with 107 stocks advances, 71 declines and 39 unchanged. 

RLC Sets P20B Capex in 2 Years

Robinsons Land Corporation (PSE:RLC) has set its capital expenditure program of P20 billion over two years to expand its mall portfolio and build residential projects. RLC plans to open four new malls this year and another three in 2014.  

ACR Expects 24% Income Increase

Alsons Consolidated Resources (PSE:ACR) is expected to hit P567.2 million in net income for 2012, 24% higher than the P455.9 million posted in 2011. The increase is attributed to other income earned on pipeline projects.

PSE Round-Up: November 13, 2012

PSE Market Summary:

The Philippine stocks market ended its 3-day rally to close lower by P14.78 at P5,455.92. Total trades were down to 22,669 with 69 stocks advances, 91 declines and 52 stocks remaining unchanged.

 

PGOLD Posts 67.2% Increase in Net Income

Puregold Price Club, Inc. (PSE:PGOLD) reported net income of P1.802 billion for the nine months of 2012, up 67.2% compared to P1.078 billion same period last year. The growth was mainly due to increased sales turnover and acquisition of S&R Warehouse Club. PGOLD shares increase by P.05 to close at P29.75.

AC Profits Rise 19%

Ayala Corporation (PSE:AC) reported consolidated net income of P8.7 billion for the first nine months of 2012, 19% higher than last year. The strong earnings was mainly due to robust income from its core and non-core businesses in property, banking and water sectors. AC stocks decreased by P7 to close at P443 per share.

AGI Earnings Up 48%

Alliance Global Group, Inc. (PSE:AGI) announced its core net income to P13.46 billion in the first nine months, up 48% from P9.12 billion in the same period last year. AGI stocks closed P15 per share, up P.02 for the day.

SMB Declares Cash Dividend

San Miguel Brewery (PSE:SMB) declared cash dividend as follow:

cash                               =                      P.14 per share

ex-date                          =                      Nov. 22, 2012

record date                   =                      Nov. 27, 2012

payment date                =                      Dec. 5, 2012

ACR Revenues Up 9%

Alsons Consolidated Resources, Inc. (PSE:ACR) reported a 9% increase in the past nine months of 2012 to P2.27 billion from P2.08 billion same period last year. ACR stocks increased by P.01 to lcose at P1.40.