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ESG investing a boon to DMC

Renewable energy needs a rising coal price New coal mine development might come to a halt as banks, financial institutions, and fund managers avoids funding those projects. Without new supply, coal prices are set to stay elevated for longer if not permanently. Coal price needs to stay elevated for renewable energy to be cost competitive.Continue reading “ESG investing a boon to DMC”

Decade high coal prices to deliver windfall to DMC, Homes to boost results

Coal prices have climbed to their highest level in a decade. Rebounding electricity usage in China have lifted demand for coal while supplies have been crimped by a closed mine in Colombia and flooding in Indonesia and Australia. Distorted trade flows caused by a Chinese ban on Australian coal also contributed to the short supplyContinue reading “Decade high coal prices to deliver windfall to DMC, Homes to boost results”

DMC’s key units performed better in Q1 2021 than in Q1 2019

DMCI (DMC) Holdings Incorporated’s key units performed better in Q1 2021 than during the pre-pandemic Q1 2019. DMCI Homes becomes the leading net income contributor for DMC in the first quarter of 2021. It even surpassed the coal and power generating unit, Semirara Mining and Power, in net income. The Q1 2021 net income ofContinue reading “DMC’s key units performed better in Q1 2021 than in Q1 2019”

Rising coal prices, potential Maynilad IPO may fuel Consunji’s DMC

Consunji’s DMCI Holdings (DMC) has seen a steady climb in share price in the past few weeks. It is currently trading at 5.93 just 4.65% below its 52-week high of 6.24. DMC is already up 34.77% from a year ago. Bloomberg recently reported that global prices for coal surge on hot demand. Coal mining constituteContinue reading “Rising coal prices, potential Maynilad IPO may fuel Consunji’s 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”