Clear thinking for investors & traders
Accuretti publishes independent, evidence-led research on Philippine listed companies, with an emphasis on business quality, cash generation, valuation, and risk.
Recent posts
What Happened to Ayala’s BPI “Judith” to the Lopezes’ ABS-CBN?
The BPI loan may be small to the lender. It is anything but small to ABS-CBN and Lopez Holdings investors. The disclosed deadline for the ₱5 billion loan has passed. ABS-CBN and Lopez Holdings shareholders deserve to know what happened next.
For Lopez Holdings, It May Be Time to Sell ABS-CBN
With ABS-CBN absent from consolidated book value and Federico “Piki” Lopez firmly in charge of the listed company, the case for monetizing the media investment is getting harder to ignore.
Lopez Holdings Looks Like a Power Company, but Shareholders Shouldn’t Expect Powerhouse Dividends
ABS-CBN’s accumulated losses have reduced its consolidated carrying value to zero, leaving First Philippine Holdings to drive LPZ’s earnings. Much of that profit, however, remains inside capital-intensive subsidiaries rather than reaching shareholders as cash.
Independent by design.
Accuretti Systems publishes focused, evidence-led writing for readers who prefer primary evidence and measured conclusions over market noise.
Research that shows its work.
A repeatable framework helps keep analysis disciplined. The goal is not false precision. It is to make assumptions, evidence, and uncertainty visible.
Understand the business
We examine the economic engine, competitive position, management incentives, and industry structure.
Normalize the numbers
We separate recurring performance from accounting noise and one-off items.
Value the security
We use scenario-based valuation grounded in cash generation, balance-sheet risk, and realistic assumptions.
State the risks
Every report presents disconfirming evidence, key sensitivities, and what could make the thesis wrong.
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