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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”

Ayala’s to get around 9 Billion Pesos for a portion of its ACEN shares in a deal with GIC, SRO for public holders and GIC investments to fund growth of Ayala controlled ACEN

Employment of the smartest and brightest executives pays.  Executives at Ayala Corp. are on the move to recoup its money invested in energy while retaining controlling interest worth several times its original capital investment. ACEN today announced the potential investment of an affiliate of GIC Private Limited (“GIC”), Arran Investment Pte Ltd, in ACEN, inContinue reading “Ayala’s to get around 9 Billion Pesos for a portion of its ACEN shares in a deal with GIC, SRO for public holders and GIC investments to fund growth of Ayala controlled ACEN”

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”

Market paying more for ACEN than the Ayalas

AC Energy Philippines, Inc. (ACEN) is the publicly listed power generation unit of Ayala Corp.  ACEN was formerly the PHINMA Energy Corporation prior to its acquisition by the Ayala group from the PHINMA group. The Ayala group just recently changed the company’s name from AC Energy Philippines, Inc. to AC Energy Corporation and consequently changedContinue reading “Market paying more for ACEN than the Ayalas”

Ayala Corp. (AC) sells Infigen Energy makes a quick profit of around 1 Billion Pesos, avoids raising more debts

In a press release dated September 9, 2020, Ayala Corporation ($AC) announced the sale of its 20% holdings in Infigen Energy to Spain’s Iberdrola Group at 0.92 AUD a share. AC accumulated its holdings in Infigen Energy in July at an average cost of 0.794 AUD. In just a period of around two months, ACContinue reading “Ayala Corp. (AC) sells Infigen Energy makes a quick profit of around 1 Billion Pesos, avoids raising more debts”

ACEN (AC Energy Philippines) burning cash from operations, value hinges on the execution of Ayala energy assets consolidation into ACEN

AC Energy Philippines Inc. (ACEN) has been burning cash from its operation during the first half of 2020 (1H 2020). It burned 0.9 Billion Pesos from its operation during 1H 2020, yet ACEN has steadily been rising. ACEN’s cash in its balance sheet as of end of 1H 2020 came from borrowings. Without the cashContinue reading “ACEN (AC Energy Philippines) burning cash from operations, value hinges on the execution of Ayala energy assets consolidation into ACEN”