PSE Round-Up: February 18, 2013

PSE Market Summary:

The Philippine Stocks Market is up by 43.59 or .67% to close at 6,565.23. Total trades recorded were 36,473 with 97 stocks advances, 86 declines and 41 stocks unchanged. 

RCB Net Income 24% Higher

Rizal Commercial Banking Corporation (PSE:RCB) posted net income of 6.21 billion in 2012 or 24% higher than P5.01 billion recorded in 2011. Growth in loans attributed to 6.5% of the increase.

SMB Files for Voluntary Delisting

San Miguel Brewery, Inc. (PSE:SMB) submitted a petition for voluntary delisting to buy back shares held by public or approximately .61% of their outstanding stock. The offer price is set at P20 per share.

PSE Round-Up: December 20, 2012

PSE Market Summary:

The Philippine Stocks Market was up for a third day, gaining by 45.35 or .79% to close at 5,797.74. Total trades reached 20,398 with 77 stocks advances, 91 declines and 45 stocks unchanged.

ARA Purchases Land in Bulacan

Araneta Properties Inc. (PSE:ARA) has entered into an agreement with BDO Strategic Holdings, Inc. to acquire four parcels of land in San Jose Del Monte, Bulacan. The properties will be part of ARA's land bank inventories.

RCB to Seek Private Placement

Rizal Commercial Banking Corp. (PSE:RCB) is currently in the process of negotiating private placement of primary common shares valued at $100 million. The amount will be equivalent to 7% ownership of RCB.

PSE Round-Up: November 12, 2012

PSE Market Summary:

The Philippine Stocks Market closed is up for the third straight trade, slightly increasing by 1.19 points to P5,470.70. Total trades reached 23,004 with 75 stocks advances 83 declines and 52 stocks unchanged.

PCOR Reports P932M Income for Nine Months

Petron Corporation (PSE:PCOR) realized consolidated net income of P932 million for the first nine months of 2012 despite volatile global oil markets. 3Q income reached P500 million to reverse the recorded loss posted on 2Q. PCOR stocks increased by P.04 to close at P10.78.

RFM Net Income Increase 47%

RFM Corporation (PSE:RFM) posted P440 million net income for the first nine months of 2012, up by 47% from last year. The company also accounted a 13% sales growth. RFM shares closed lower by P.04 at P4.13.

JFC Declares Cash Dividend

Jollibee Foods Corporation (PSE:JFC) issued regular and special cash dividends as follow:

regular:

cash                                       =                    P.62 per share

ex-date                                  =                    Nov. 27, 2012

record date                           =                    Dec. 3, 2012

payment date                        =                    Dec. 19, 2012                     

special:

cash                                       =                    P1 per share

ex-date                                  =                    Nov. 27, 2012

record date                           =                    Dec. 3, 2012

payment date                        =                    Dec. 19, 2012                     

CPG Reports 95% Growth

Century Properties Group, Inc. (PSE:CPG) reported 95% increase in net income to P1.4 billion for the first nine months of 2012 backed y stronger sales. CPG stocks closed at P1.43 inceasing by P.03 per share. 

RCB Net Income UP 17%

RCBC (PSE:RCB) net income for the first nine months of 2012 reached P4.8 billion or 17% higher than last period. The growth was mainly due to higher net interest income. RCB shares closed at P46.95 up by P.10 for the day.

PIP Posts 208% Growth

Pepsi-Cola Products Philippines (PSE:PIP) posted a record 208% increase in profits for the first nine-months of 2012. PIP stocks closed at P5.55. lower by .P05 for the day.

SMC Nears Deal to Sell Bank of Commerce

San Miguel Corp. (PSE:SMC) moved a step closer to finalize a deal to sell its majority stake in Bank of Commerce. It has confirmed it is currently in talks with Malaysian investors to push through with the transaction. SMC shares were unchanged to close at P109 per share.

ALI to Invest in FamilyMArt

Ayala Land, Inc. (PSE:ALI will spend P80 million to establish 30 FamilyMart stores in 2013. This will help them build their retail portfolio taking advantage of partnering with established brands/. ALI shares inched higher by P.35 to close at P23.25 per share.