RLC is curently experiencing heavy foreign selling and it is fast approaching oversold territory. RLC is now trading near its 52-week low of 14.50. A tanking RLC share contrasts its 9M2022 results. In the nine-month period of 2022, rental income rose to 11.3 billion from 7.9 billion in 2021. Rental income is expected to growContinue reading “RLC share price diverging from its 2022 results”
Tag Archives: RLC
Robinsons Land’s (RLC) funding access earns it full faith of customers
For the year 2020 rental income of Robinsons Land (RLC) was down 4.8 billion Pesos as compared to 2019. Understandably rental income is down during the year because the government imposed mobility restrictions on the population to counter the pandemic. While rental income is down, RLC grew its real estate sales. Real estate sales wereContinue reading “Robinsons Land’s (RLC) funding access earns it full faith of customers”
Gabby Lopez resigns as wealth erosion puts control of the Lopez group at risk
ABS-CBN Corporation (ABS), Rockwell Land Corporation (ROCK), and First Gen Corporation (FGEN), are operating public companies that are thought to be owned by the Lopezes. But the Lopezes do not actually owns them. The Lopezes only control them. They wield control over these companies through layers of holding companies. At a market capitalization of aroundContinue reading “Gabby Lopez resigns as wealth erosion puts control of the Lopez group at risk”
RLC down 7.15% on first day of MECQ; Strong enough to weather the storm
The market sell-off on the first day of the re-imposition of the Modified Enhanced Community Quarantine (MECQ) had Robinson Land Corporation down by 7.15% the most on that day with a volume of 3,110,220 above the 65 day average volume of 2,573,380 that made us wonder if RLC was in danger. As of the endContinue reading “RLC down 7.15% on first day of MECQ; Strong enough to weather the storm”