in the news: APC/APC GROUP, INC.

***follow me at finance manila
***bookmark me at: immovable as a mountain (a filipino trend follower's blog)

18 MAR 2019
Aragorn prepares geothermal drilling
http://manilastandard.net/business/banking-report/290262/aragorn-prepares-geothermal-drilling.html


21 AUG 2018
APC’s Kalinga geothermal project to get perks
http://www.bworldonline.com/apcs-kalinga-geothermal-project-to-get-perks/



05 MAR 2018

Henry Sy mulls bid for 3rd telco slot

21

Read more at https://www.philstar.com/business/2018/03/05/1793527/henry-sy-mulls-bid-3rd-telco-slot#DYEvejtfQk6lJShJ.99



12 OCT 2017
Aragorn Power gets 1-year extension for $300-M Apayao geothermal project
http://www.philstar.com/business/2017/10/12/1747790/aragorn-power-gets-1-year-extension-300-m-apayao-geothermal-project

my take on: APC/APC GROUP, INC. (20 AUG 2018)

remarks:

chart monitor: APC/APC GROUP, INC. (04 APR 2018)

remarks:

if i were a short term trend follower*: APC/APC GROUP, INC. (14 MAR 2018)

if i were a short term trend follower*: APC/APC GROUP, INC. (09 MAR 2018)

APC chart as of closing of 09 MAR 2018

the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

if i were a short term trend follower*: APC/APC GROUP, INC. (26 FEB 2018)

APC chart as of closing of 26 FEB 2018

the chart is courtesy of INVESTAGRAMS
(click the chart to enlarge)

remarks:

chart monitor: APC/APC GROUP, INC.(07 AUG 2017)

APC chart as of closing of 07 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)

chart monitor: APC/APC GROUP, INC.(04 AUG 2017)

APC chart as of closing of 04 AUG 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)

chart monitor: APC/APC GROUP, INC.(30 JUL 2017)

APC chart as of closing of 28 JUL 2017
the chart is courtesy of COLFINANCIAL
(click the chart to enlarge)

stok tots: bel, plc, apc (20 sept 2014)

just thinking ....

assume:

plc market cap @1.84 = 58.2 B pesos

bel market cap @5.25 = 55.4 B pesos

assume bel owns 90% of plc?

then bel owns:

58.2 B x .90 = 52.33 B (plc shares)

which means:

55.4 - 52.33 = 3.07 B = apc shares and other properties?


my conjecture:

1. plc is currently fully valued but bel is undervalued

or

2. bel is currently fully valued but plc is overvalued


which means ....

1. either plc's price will go down or

2. bel's price will go up or

3. as plc's price goes up .. bel's price will go more than proportionally up or

4. the present prices of plc and bel will not stay forever in the same proportion @ 1.84 to 5.25

APC/APC GROUP, INC.(16 sept 2014)

apc chart as of 16 sept 2014 

(click on the chart to enlarge)

remarks: 

APC/APC GROUP, INC.(31 aug 2014)

apc chart as of 29 aug 2014 

(click on the chart to enlarge)

remarks: 

APC/APC GROUP, INC.(20 jul 2014)

apc chart as of 18 jul 2014 

(click on the chart to enlarge)

remarks: 

APC/APC GROUP, INC.(14 jul 2014)

s

apc chart as of 14 jul 2014 

(click on the chart to enlarge)

remarks: 

APC/APC GROUP, INC.(08 jul 2014)

apc chart as of 08 jul 2014 

(click on the chart to enlarge)

remarks: 

APC/APC GROUP, INC.(25 jun 2014)

apc chart as of 25 jun 2014 

(click on the chart to enlarge)

remarks: 

in the news: bel, apc, sino (19 jun 2013)

Belle Corp. subsidiaries move to trim down losses

• 
• 

Details

 

Category: Companies

Published on Tuesday, 18 June 2013 19:41

Written by VG Cabuag

Shareholders of Sinophil Corp. and APC Group Inc.—both subsidiaries of Belle Corp.—on Tuesday approved their capital restructuring measure by reducing the par value of their common shares to trim down their ballooning deficits.

Shareholders of APC, a company that has power generation and cement-manufacturing ventures, approved the par value reduction from P1 to P0.35 per share, while Sinophil will implement a cut from P1 to P0.25.

The said reduction will trim down the deficit of APC to just P2 billion from about P7.74 billion, according to Bernardo Lim, the company’s chief finance officer.

On the other hand, Sinophil’s deficit of P3 billion will be wiped out.

Belle owns 46.59 percent of APC and 44.06 percent in Sinophil.



read more here:

http://www.businessmirror.com.ph/index.php/en/business/companies/15179-belle-corp-subsidiaries-move-to-trim-down-losses

stok tots: bel (18 may 2013)

sino .. bel's affiiliate, just disclosed to the pse that it is restructuring its capital .. changing its par value from 1 peso to 25 centavos ....

pls refer to the following disclosures:

http://www.pse.com.ph/resource/disclosures/2013/pdf/dc2013-3835_SINO.pdf

http://www.pse.com.ph/resource/disclosures/2013/pdf/dc2013-4061_SINO.pdf

this follows a similar restructuring being undergone also by apc .. another bel affiliate .. which is reducing its par value from 1 peso to 35 centavos ...

i have posted already a few weeks ago my speculation on these 2 bel affiliates .. 

http://1kagemusha.blogspot.com/2013/04/my-stock-picks-for-coming-2014-27-apr.html

now it is just only a matter of time if we will be seeing any of these things come to pass ...

a stock pick for 2014 (27 apr 2013)

i just realised the other night that i may be overlooking certain stocks because of previous biases ...

well .. starting yesterday .. im beginning my opportunistic bored lot buying of bel ... way ahead of its casino's opening next year ... why so? well ... the price movement of its two affiliates the past few days drew my attention to bel and made me read on a little bit ...

as of 31 mar 2013 ... bel owns:

- 46.5933% of the apc group
- 44.0618% of sino

the apc group has had some price action the past months because of the rumour that it will be the listing vehicle of the sy family's power assets ...

sino on the other hand received some trading action the past week ...  i can only guess that sino may be a bakdoor vehicle for the bel casino ... considering that sino's past investments are in the gaming sector ...  

this may be far fetched and sooo long shot ... but im speculating that aside from its casino developnment, bel may receive additional attention as it may be seen as a proxy play for apc and sino ...

however, even if nothing comes out of apc and sino .. ill still have the casino as ongoing story which may continue to buoy bel's shares in the coming months up to next year


notes:

1. bel's 1Q 2013 net income as recently reported in the newspapers was 785 million ...
2. bels total outstanding shares is: 10.559 billlion shares
3. 1Q 2013 eps = 7.4344 centavos
4. assume 2013 eps = 7.4344 centavos x 4 = 29.7375 centavos
5. last trade price (26 april 2013) = 7.01 pesos
6. suntok sa buwan 2013 p/e = 7.01 / .297375 = 23.573 x

The Ninja Stock Monitor: APC (03 feb 2013)

selected technical indicators of PSE-listed stocks 

legend:

c: closing price

s: support

r: resistance

vol: volume (+ above 5dma; - below 5dma)

macd: moving average convergence divergence ...  values: 12; 26; 9

rsi: relative strength index ... values: 14; 30; 70

sts: stochastics ... values: 15; 3; 5

rem: remarks

unch: unchanged 

(+): higher

(-): lower


01 feb 2013 closing prices 

apc (apc group)  

c: .91(+)

s: .86, .82, 80
r: .92, .95, 1.0
vol: (+)

macd: (+)

macd histogram: (+)

macd histogram direction: (+)

rsi: 71.68(+) 
sts: 66.67(+)
remarks: 

1. apc is again sitting at the .91 resistance ... with .92 and .95 as bak-up barricades on the way to 1.00 ...
2. the histogram is looking up .. just fresh from a buy signal last thursday ... the rsi and sts are also in a fighting mood ... 
3. will just watch closely ... will add should .95 become history ...

previous APC monitor: The Ninja Stock Monitor: APC (31 jan 2013)

you may also want to read: my trading rules

p.s. readers are encouraged to check out the stocks' charts themselves .. using the values for each of the indicators (the values for the indicators are the default values used in citiseconline.com's charts) ... in the absence of any personal charting program, the pse website's charts are enough for the purpose