PGOLD and WLCON are both pandemic winners. Despite restriction in mobility, both companies were able to post profits and grew cash flows from operations. In the case of WLCON revenue was down by a third but cash from operating activities rose by 68% to 4.3 Billion. WLCON maintains a zero-indebtedness stance. PGOLD who has not…Read More→
COSCO Capital is a conglomerate that owns 49.16% of the retail behemoth Puregold Price Club (PGOLD). Aside from its controlling stake in PGOLD it also owns a liquor distribution business, a real estate and property leasing business, a specialty retail company, and an oil and mining firm. Despite having a total consolidated revenue of 126.2…Read More→
Puregold Price Club, Inc. ‘s (PGOLD) fundamentals remain strong. At the end of 3Q20 PGOLD’s cash ballooned to 26.7 Billion Pesos as it availed of a 12 Billion Pesos of long-term loans it didn’t need. PGOLD ended with cash more than 2x its current liabilities of 11.4 Billion Pesos. In the third quarter of 2020,…Read More→
Probably when Lucio Co started business he wanted his business to have the attributes of gold, always valuable all the time. Thus to him there could be no other befitting name to that business but Puregold. PGOLD is debt-free, fortress balance sheet As of the end of the first half of 2020 (1H20), Puregold Price…Read More→
MM is now trading at 3 times its IPO price of 1.00 a share. It is just two months since the IPO but its shares is already 3 times the IPO price and this is despite the fact that the IPO proceeds has not yet been fully used. Clearly the market has priced in the…Read More→
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