fbpx

DM Consunji Holdings (DMC) rose 3.6% in a single day, DFC Holdings continuously buys DMC

Consunji private holding firm, DFC Holdings, Inc.  continuously buy DM Consunji Holdings, Inc. (DMC) shares as DMC shares continue to dwell in the cellar.  The Consunji have been taking advantage of the weakness in the share price of DMC by accumulating the shares. For the month of September 2020 DFC Holdings, Inc. bought 6,627,000 DMCContinue reading “DM Consunji Holdings (DMC) rose 3.6% in a single day, DFC Holdings continuously buys DMC”

Consunji’s DFC Holdings not yet done accumulating DMC shares

We have earlier commented that the COVID-19 pandemic had a significant adverse impact on the operations and finances of DMCI Holdings, Inc. (DMC) during the first half of 2020 (1H 2020) which resulted to a weaker financial footing for DMC as of end of 1H 2020. The weakness in the results of DMC sent itContinue reading “Consunji’s DFC Holdings not yet done accumulating DMC shares”

Consunji private holding firm, DFC Holdings, Inc., accumulates DMC, so are local and foreign institutional investors

DFC Holdings, Inc. is one of the private holding company of the Consunji family’s investment in the listed DMCI Holdings Inc. (DMC). The other being the DACON Corporation. DACON Corporation and DFC Holdings, Inc. are the principal stockholders of DMC, holding 51.51% and 17.92% of the outstanding shares of DMC as of end of 2019,Continue reading “Consunji private holding firm, DFC Holdings, Inc., accumulates DMC, so are local and foreign institutional investors”

COVID-19 weakened DMCI Holdings, Inc. (DMC)

DMCI Holdings, Inc. and subsidiaries (DMC) reported a consolidated net income of 3.1 Billion Pesos for the first half of 2020 (1H 2020). Although it reported a net income of 3.1 Billion Pesos it did not generate cash from operations. Worse is that its capital expenditures for the period required 3.2 Billion Pesos. The cashContinue reading “COVID-19 weakened DMCI Holdings, Inc. (DMC)”