GT Capital Holdings (GTCAP) is the publicly listed holding company of the Ty family. GTCAP controls Metrobank (MBT) and owns Toyota dealerships in the country. Being big in banking and auto distribution, GTCAP must have a front seat view on the performance of vehicle financing. GTCAP’s new venture, Premium Warranty Services Philippines, will supply vehicleContinue reading “GTCAP’s used car warranty venture foretells vehicle foreclosure armageddon”
Tag Archives: MBT
CEB’s retained earnings almost out, banks & stockholders keep it flying
Cebu Pacific (CEB) is experiencing turbulence in these times and there is no need to discuss why. CEB tallied a net loss of 22.2 Billion for the year 2020. The severe loss cut its retained earnings to just 14.7 Billion Pesos. Another horrible year could definitely wipe it out. The losses from demand drop wereContinue reading “CEB’s retained earnings almost out, banks & stockholders keep it flying”
Investor confidence in Metrobank (MBT) building up?
The September 18, 2020 saw an above average trading volume of Metropolitan Bank & Trust Company/Metrobank (MBT) shares. MBT trades at a 65-day average volume of 3,365,912 but on September 18, 2020 trading, MBT’s volume was at 5,239,200. A closer look on the September 18, 2020 trading day, would tell us that there could haveContinue reading “Investor confidence in Metrobank (MBT) building up?”
GTCAP may have to keep access to credit facilities handy
The first half of 2020 (1H 2020) saw the worst of the measures to keep COVID-19 at bay. As a result, business activities were grounded almost to a halt. GT Capital Holdings, Inc. (GTCAP) was not spared. Automotive operations and real estate sales declined in first half of 2020. Real estate operations of GTCAP areContinue reading “GTCAP may have to keep access to credit facilities handy”