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A quick look at the week ahead
For the PSE, earnings season is starting to heat up as financial condition reports trickle in and the FY23 teasers keep coming to manage our expectations......»»
Phoenix lacks the retained earnings to pay PNX4 and PNX3B divs
The PSE sought an update from Dennis Uy’s Phoenix Petroleum on the non-payment of dividends to shareholders of its PNX4 preferred shares and PNX3B preferred shares......»»
PSE approves CREC IPO
The Philippine Stock Exchange Inc. has approved the initial public offering of Citicore Renewable Energy Corp., the first for this year......»»
What would be the title of your autobiography as a PSE investor?
I’m going to share some of the (anonymized) responses that I received......»»
Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025
Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»
A quick look at the week ahead
It’s another quiet week according to the PSE schedule......»»
PSE looks forward to capital market reforms with Recto
The Philippine Stock Exchange said it is looking forward to working with newly appointed Finance Secretary Ralph Recto in introducing reforms that would further deepen the capital market......»»
SPNEC confirms 2026 as the completion target for Phase 1 of Terra Solar Project
SP New Energy confirmed, in response to a PSE query, that it plans to complete the 3.5 GW Terra Solar Project in two phases......»»
Rare beetle discovered in Mt. Hamiguitan sanctuary
In a recent discovery, a rare long-horned beetle, Paraskeletodes hamiguitanensis, was found in the Mount Hamiguitan Range Wildlife Sanctuary (MHRWS) in Davao Oriental. The beetle was unearthed during a scientific expedition led by the Provincial Government of Davao Oriental and conducted by a team from Davao Oriental State University (DOrSU). Dr. Milton Medina, a Filipino coleopterist, confirmed the uniqueness of P. hamiguitanensis through careful morphological examination, highlighting distinct differences from its closely related counterpart found in Sulawesi, Indonesia. The discovery sheds light on the limited knowledge of beetle taxonomy in the Philippines and underscores the need for increased scientific and conservation efforts in biodiversity hotspots like the Philippines and Sulawesi. Concerns were raised about the global trade of beetle species and the rapid loss of forest cover in the Philippines, emphasizing the vital role of protected areas like Mt. Hamiguitan as essential sanctuaries for biodiversity. The researchers emphasized the need for cooperation with DENR-Davao in promoting biodiversity conservation and encouraged young scholars to explore beetle taxonomy. The discovery of P. hamiguitanensis and several other beetle species in the area underscores the rich biodiversity of Mt. Hamiguitan, with ongoing research aiming to describe more species and uncover many undiscovered ones in the region......»»
If you could rewrite one stock’s slogan, which would it be, and what would it say?
Thank you to all the readers who participated in this Free Stuff Friday survey and shared their rewritten slogan for a PSE-listed company......»»
Cebu Holdings to delist on March 1
The PSE gave notice on Friday that Cebu Holdings would be delisted on March 1......»»
Roxas Holdings suspended for reporting failure
The PSE suspended Roxas Holdings for its continued failure to submit its Annual Report for its fiscal year ending Sept. 30, 2023......»»
Citicore Renewable Energy approved for IPO on March 22
Edgar Saavedra’s application to list Citicore Renewable Energy has been approved by the PSE......»»
Greenergy’s property dividend of ANI stock still with SEC for approval
As requested by the PSE, Greenergy provided an update on GREEN’s proposed property dividend of AgriNurture shares to GREEN shareholders of record as of June 30, 2023......»»
PHL’s new football head coach tells players to enjoy the FIFA World Cup Qualifiers’ experience
CEBU CITY, Philippines — Newly-appointed head coach of the Philippine men’s national football team, Tom Saintfiet, told his players to enjoy the experience of being the underdog heading into the March 21 FIFA World Cup Qualifiers match against Iraq at Basra Stadium. Saintfiet, in a video interview published by the Philippine Football Federation (PFF) a.....»»
Senior citizens in Cebu City to receive cash aid starting March 21
CEBU CITY, Philippines — Around 90,500 Cebu City senior citizens are eligible to receive their cash aid for the first quarter of 2024 starting March 21, according to the head of the agency overseeing the affairs of the city’s elders. OSCA Head, Lawyer Homer Cabaral, told CDN Digital in an interview on Thursday, March 14,.....»»
Who is Atty. Kent Francesco Jongoy, the newly endorsed CBRT project manager?
CEBU CITY, Philippines — Cebu City Mayor Michael Rama has recently endorsed a new project manager for the Cebu Bus Rapid Transit (CBRT) project. Meet incoming CBRT project manager Lawyer Kent Francesco Jongoy, the assistant head of the Cebu City Transportation Office (CCTO), the head of its Public Mass Transportation Division, and its legal officer......»»
Team Secret ready for VCT Pacific Kickoff
Fresh from winning the Asia Pacific Predator League last January 14, the lone Filipino team in the Valorant Champions Tour (VCT) Pacific, Team Secret, is ready to go head to head with the region’s top squads in the league’s second year......»»
Cebu City killing: Ex-convict shot in the head in Brgy. Guadalupe
CEBU CITY, Philippines — An ex-convict, who was allegedly on his way to meet up with someone, died after he was shot in the head by an unidentified gunman in Barangay Guadalupe, Cebu City on early Thursday morning, March 7, 2024. The fatal incident took place along the Andres Abellana L. Bacayo Ext. in Sitio.....»»
Iowa and UConn Emphasize Team Game Ahead of Final Four – The Daily Guardia
Two of the top players in women’s college basketball, Paige Bueckers and Caitlin Clark, are set to go head-to-head in the Final Four when UConn.....»»