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Consunji’s DMC and Aboitiz’s AP sit on opposing ends of the coal trade, may explain their respective buying and selling of their companies’ shares

Two notable publicly listed companies are at the forefront in the coal trade. But the two are sitting on the opposite end of the coal trade. Their respective positions in the coal trade may explain their owner’s action. Aboitiz Power (AP), controlled by the Aboitiz family, is one of the biggest if not the biggestContinue reading “Consunji’s DMC and Aboitiz’s AP sit on opposing ends of the coal trade, may explain their respective buying and selling of their companies’ shares”

DMC principal stockholder hiked holdings in the company

One of the principal stockholders of DMC Holdings (DMC) is DFC Holdings. DFC Holdings is one of the two Consunji holding firms owning the controlling shares of DMC. As of 26 May 2020, DFC holdings controls 2,382,067,010 shares of DMC or about 17.94% of DMC. But as of 26 July 2021, those holdings have increasedContinue reading “DMC principal stockholder hiked holdings in the company”

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”

DM Consunji (DMC) sustains dividend distribution, yields 8.5%

DMCHI Holdings (DMC) declared a cash dividend of 0.48 Pesos a share on 29 March 2021. The dividend declared per share is the same amount of dividend declared last year. With DMC closing at 5.65, the dividend declared would indicate a yield of 8.5%. DMC’s total dividend payout would amount to 6.37 Billion Pesos. SomeContinue reading “DM Consunji (DMC) sustains dividend distribution, yields 8.5%”

Coal miner SCC watches China bans Australian coal, affirms tie with the Philippines

Semirara Mining and Power Corporation (SCC) is the largest coal miner in the Philippines. It is controlled by the Consunji family through its publicly listed holding company DM Consunji Holdings, Inc. (DMC) which owns 56.63% of the coal miner.  Its operation has been severely affected by the pandemic induced shutdowns of day to day activities. Continue reading “Coal miner SCC watches China bans Australian coal, affirms tie with the Philippines”

Consunji cash cow Semirara Mining and Power Corporation (SCC) rose 4.47% in a single day

Semirara Mining and Power Corporation (SCC), the coal mining and coal power plant operator, has been Consunji’s primary cash cow.  SCC has been the primary cash flow generator of the Consunji group.  It is a 56.63% subsidiary of DM Consunji Holdings, Inc., the Consunji’s publicly listed holding company. A Consunji private holding company, DACON CORPORATION,Continue reading “Consunji cash cow Semirara Mining and Power Corporation (SCC) rose 4.47% in a single day”

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)”