fbpx

A platform business PSE registers a yield of 5.3%

PSE, the stock exchange operator in the country, has just declared an eight-peso (8.00) peso dividend. The dividend would translate to yield of 5.3% based on its the most recent stock price. From a year ago, PSE is still down 9.56%. While COL Financial (COL), the online stock brokerage, is up 112.57% from a yearContinue reading “A platform business PSE registers a yield of 5.3%”

Easing of PSE stock market listing rules may lessen the appeal of LODE, AR as backdoors

The Securities and Exchange Commission has approved the proposal of the PSE for new listing framework easing the requirements for firms to go public. According to the report the local stock market is at the bottom of the pit when it comes to listing activities. The easing of the listing rules aims to attract privateContinue reading “Easing of PSE stock market listing rules may lessen the appeal of LODE, AR as backdoors”

CNVRG maybe a casualty of the biggest-ever IPO; mammoth ANT IPO may suck funds from PSEI

Since day one CNVRG shares have been on a free-fall touching a low of 13.20 from the IPO price of 16.8 as the market openly sells CNVRG. Market players wondered who and what triggered the selling.  Many experts said that the IPO was expensively priced.  But if that triggered the selling, didn’t the IPO subscribersContinue reading “CNVRG maybe a casualty of the biggest-ever IPO; mammoth ANT IPO may suck funds from PSEI”