In 2021, COSCO declared a total dividend of 0.12 per share. COSCO hike the dividend to 0.19 per share in 2022. The dividend increase is about 58%. But despite the dividend increase, COSCO is still heading to the bottom. COSCO’s PE is only at 2.69X while P/BV is only at 0.3725. These make COSCO one […]
COSCO is spinning-off its liquor distribution business via a back-door listing through Da Vinci Capital Holdings (DAVIN). The liquor distribution business of COSCO is responsible for distributing Johnnie Walker, Chivas, Jim Beam, Glenlivet, and Bacardi among others in the country. COSCO is swapping its shares of its liquor distribution businesses with shares of DAVIN. Revenues […]
COSCO Capital is a conglomerate that owns 49.16% of the retail behemoth Puregold Price Club (PGOLD). Aside from its controlling stake in PGOLD it also owns a liquor distribution business, a real estate and property leasing business, a specialty retail company, and an oil and mining firm. Despite having a total consolidated revenue of 126.2 […]
