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PGOLD trades at 15.51 P/E as against WLCON’s 50.37

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 notContinue reading “PGOLD trades at 15.51 P/E as against WLCON’s 50.37”

COSCO moves to unlock value after being overtaken by MM in market capitalization

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 126.2Continue reading “COSCO moves to unlock value after being overtaken by MM in market capitalization”

PGOLD builds-up inventory at end of 3Q20 burning 1 Billion Pesos in its operations in the process, solid gold PGOLD still valued by the market cheaper than MerryMart and 7-Eleven

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,Continue reading “PGOLD builds-up inventory at end of 3Q20 burning 1 Billion Pesos in its operations in the process, solid gold PGOLD still valued by the market cheaper than MerryMart and 7-Eleven”

Puregold (PGOLD) might not be literally gold, but like gold is a safe haven

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 PriceContinue reading “Puregold (PGOLD) might not be literally gold, but like gold is a safe haven”

MM has priced in the promise of a future, how long can the market hold on to that promise?

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 theContinue reading “MM has priced in the promise of a future, how long can the market hold on to that promise?”