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CHP announced 9M20 results, announcement on the replacement of the resigned Director more exciting

Cemex Holdings Philippines (CHP) announced today that its consolidated net sales decreased by 17%, reaching PHP 15.1 billion during the first nine months of 2020, versus the comparable period in 2019. Sales decreased by 6% year-over-year in the third quarter, reaching about PHP 5.5 billion. The result showed the negative impact of the COVID-19 pandemicContinue reading “CHP announced 9M20 results, announcement on the replacement of the resigned Director more exciting”

Insider selling, ACEN subsidiary Bulacan Power selling 3,500,000 ACEN shares

Bulacan Power Generation Corporation is a wholly owned subsidiary of AC Energy Philippines, Inc. (ACEN). Bulacan Power Generation Corporation has been owning shares of ACEN. On October 28, 2020 (disclosed October 29) Bulacan Power Generation Corporation dumped into the market 3,500,000 shares at a range of 3.82 to 3.87. When most companies are buying backContinue reading “Insider selling, ACEN subsidiary Bulacan Power selling 3,500,000 ACEN shares”

PGOLD builds-up inventory at end of 3Q20 burning 1 Billion Pesos in its operations in the process, solid gold PGOLD still valued by the market cheaper than MerryMart and 7-Eleven

Puregold Price Club, Inc. ‘s (PGOLD) fundamentals remain strong.  At the end of 3Q20 PGOLD’s cash ballooned to 26.7 Billion Pesos as it availed of a 12 Billion Pesos of long-term loans it didn’t need.  PGOLD ended with cash more than 2x its current liabilities of 11.4 Billion Pesos. In the third quarter of 2020,Continue reading “PGOLD builds-up inventory at end of 3Q20 burning 1 Billion Pesos in its operations in the process, solid gold PGOLD still valued by the market cheaper than MerryMart and 7-Eleven”

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