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Atlas Mining (AT) trades at a 5-year high levels despite inability to generate significant cash amidst a surging copper price

As of September 30, 2020 AT (Atlas Consolidated Mining and Development Corporation) holds a cash and cash equivalent of 1.4 Billion Pesos. But the current portion of its long-term debts amounts to 7.4 Billion Pesos. For the nine-month period ending September 30, 2020, AT was able to generate cash of 4.3 Billion Pesos.  That cashContinue reading “Atlas Mining (AT) trades at a 5-year high levels despite inability to generate significant cash amidst a surging copper price”

TEL (PLDT) holders should tread carefully as TEL partners with Japan’s Softbank

It was reported recently that PLDT (TEL), through its international arm PLDT Global Corp., has entered into a partnership with SoftBank for SmartInternet Suite Ether, an internet connection service that can help address the diverse needs of businesses in Japan for a higher-grade internet environment. Softbank Corp. is a fierce competitor of NTT Docomo inContinue reading “TEL (PLDT) holders should tread carefully as TEL partners with Japan’s Softbank”

A currently fossil fuel heavy ACEN touted as an ESG play

AC Energy Philippines (ACEN) has been recently touted as an Environmental, Social, and Governance (ESG) play due to its investments in renewable energy.  ESG investing uses a set of standards for a company’s operation that socially conscious investors use to screen potential investment.  The promotion of ACEN as an ESG investment had retail traders crowdingContinue reading “A currently fossil fuel heavy ACEN touted as an ESG play”

The rise of ACEN to a 52-week high of 6.93 exhibits the power of retail traders

From a low of 1.39 on March 13, 2020 ACEN steadily climbed to a high of 6.93 on November 24, 2020.  Since then, ACEN has been trading at the 6+-peso level.  At that level ACEN is valued at 17.98 P/E higher than the P/E of any power generation company. FGEN has a P/E of 8.71Continue reading “The rise of ACEN to a 52-week high of 6.93 exhibits the power of retail traders”

Piki Lopez initiates Lopez Group reorganization to unlock value; long-term investors should lock-in to ABS, ROCK, and FGEN while they are still undervalued

Piki Lopez has commenced the reorganization of the Lopez group to unlock value. Piki Lopez is taking Lopez Holdings Corporation (LPZ) private through the acquisition via tender offer by First Philippine Holdings Corporation (FPH) of the 45.56% of LPZ which the Lopezes don’t own. The effect of the transaction would be eliminating one layer ofContinue reading “Piki Lopez initiates Lopez Group reorganization to unlock value; long-term investors should lock-in to ABS, ROCK, and FGEN while they are still undervalued”