Top executives inside Cemex Holdings Philippines, Inc. (CHP) on October 9, 2020 bought shares of their company Cemex Holdings Philippines. The President & CEO together with his Vice Presidents for Commercial (Institutional Segment), for Planning and Administration, for Supply Chain, for Commercial (Distribution Segment), and his Procurement Director on the same date bought shares of […]
A backstory to the CHP loan-covenant accommodation by BDO seen from Cemex amassing more CHP shares and Henry “Big Boy” Sy Jr. liquidating a few SM shares
October 10, 2020In the month of September 2020 Cemex Asian South East Corporation (Cemex) continued to accumulate Cemex Holdings Philippines, Inc. (CHP) shares from the public through open market purchases in the Philippine Stock Exchange. Cemex was very disciplined in its purchases, making sure that it doesn’t buy CHP shares higher than the SRO price of 1.54. […]
Someone just drop 15 Million SM shares valued at 12.9 Billion, it could be Big Boy again
October 8, 2020On October 8, 2020 trading, 15 Million SM Investments (SM) shares were crossed through BDO Securities at the stock exchange at 860.5 valuing the transaction at 12.9 Billion Pesos. The transaction saw SM swinging from a low of 850 to a high of 888 on that trading day. The transaction could be attributed to Henry […]
Then again, Big Boy transferred another 25,342,447 SM shares valued at around 22.3 Billion to his brokerage account
September 30, 2020On September 18, 2020, Henry “Big Boy” Sy Jr. transferred another 25,342,447 SM Investments Corporation (SM) shares from direct holdings to his brokerage account. That block of shares will be valued at around 22.3 Billion Pesos. Previously, he transferred a block of 35,367,989 SM shares from direct holdings to his brokerage account. Of that block, […]
Henry “Big Boy” Sy Jr. raised a 5.7 Billion-Peso war chest selling 6,500,000 SM shares during the ghost month
September 18, 2020Without regards to the ghost month, Henry “Big Boy” Sy Jr. disposed 6.5 Million SM Investment Corporation (SM) shares to the market in the month of August up to the first week of September 2020 raising 5.7 Billion Pesos. Big Boy’s selling spree briefly sent SM shares to a low of 810 a share making […]
Is Henry “Big Boy” Sy Jr. pivoting to cash? Is he done selling SM shares?
September 5, 2020We reported earlier that the SM heir has transferred 30 Million SM shares to a company he controls. It appears now that Henry “Big Boy” Sr Jr. transferred 35,367,989 SM shares which were previously directly registered in his name to his stock broker account at BDO Securities Corporation. Of the 35,367,989 SM shares transferred to […]
Henry “Big Boy” Sy Jr. transferred 30 Million SM (valued around 26 Billion Pesos) shares to his company
September 1, 2020We have reported earlier that Henry “Big Boy” Sy Jr. has shuffled his 15 Million SM shares from his brokerage to his company (presumably a holding company) at 863.50 a share, crossed through the stock exchange on August 12, 2020 valued at 13 Billion Pesos. Then again on August 27, 2020 he transferred another block […]
CHP could be a M&A play
August 14, 2020Cemex Holdings Philippines Inc. (CHP) in a press release has disclosed that it had reached an agreement to amend its debt covenant with BDO. The debt agreement amendment was meant to defer the compliance of certain financial covenants until June 30, 2021. It could be surmised from that disclosure that had the financial covenants not […]