11.17.2013

Nov. 18 BIZZ A-R-T-I-C-L-E ALPHALAND Corp.

Ongpin eyes partner from Abu Dhabi

"The market is abuzz with speculation that Sheik Surroor Bin Mohammed Al Nahyan, developer of the luxurious Etihad Towers and Abu Dhabi Trade Center, may buy out the stake of Ashmore Group Plc. in Alphaland following reports of strained ties between Ongpin and the UK-based investment fund."




Alphaland flights, swamped
With the transport aircraft of the Air Force and private airlines fully deployed for relief operations, some people quickly turned to Alphaland Corp. for help in transporting relief goods to areas outside of the Tacloban disaster zone.
Alphaland, of course, has a fleet of four aircraft—two mid-sized BAe Jetstream turboprops and two Cessna Grand Caravans—that normally ferry the rich and famous to and from its Balesin Island resort.
The company owned by Roberto Ongpin have since deployed all four planes to its relief operations concentrating on Guiuan in Samar, Ormoc in Leyte, Coron and Busuanga in Palawan, and Roxas City in Capiz. Additional flights are also slated for Aklan.
Alphaland has also deployed a barge to ferry relief goods to Tacloban and Busuanga.
The generosity of its private donors is quickly becoming something of a logistical nightmare for the property developer, however.
Despite having flown and shipped more than 25 metric tons of relief goods to Visayas, drinking water, rice, canned goods, noodles and other goods are starting to pile up at the company’s hangar.
To date, we hear there are at least 100 tons of relief goods waiting to be flown out on planes that can carry only an average of one ton per flight.—Daxim L. Lucas


11.15.2013

Nov.16- SPC Corp. 3Q Financial Report

1.496 B                                                 -Out.shares
7.2 B                                                     -MarCap
 

4.85 billion pesos                                    -Equity attributable to parent company
1.569 billion pesos                                   -Capital stock
2.53 billion pesos                                     -Retained earnings


5.80 billion pesos                                    -Total Asset
773 million pesos                                    -Cash and cash equivalent
632 million pesos                                    -Total Liabilities

Revenue: 9M Operation
1.60 billion pesos                                   -2013
1.75 billion pesos                                   -2012
% change:  -9.3%

Net Income 9M:
747 million pesos                                    -2013

987 million pesos                                    -2012

% change:  -32%

Note: better number on 3rd Q 2013 with 404M net income compared to last year 3Q of 217M. 9M net income, however, is lesser than previous year.

Annualized net income: 996M

closing price 15-11-2013:  4.80 pesos
ANNUALIZED EPS:  0.67
PE: 7.16               

BV per share: 3.24 pesos
Price to book value: 1.48x

Other notes:

Return on Equity: 20.5 %
Return on Assets: 17 %
Net income margin: 47% 

Current ratio: 4.96
Debt-to-equity: 0.13

Expensive Multiple as per Benjamin Graham is 22.5 (PE x P/BV)

BV=3.24
P=4.80
P/BV= 1.48
PE= 7.16
BGM= 10.61



Happy Investing!

Nov.16-Alphaland Corp. 9M financials

1.98B                                                     -Out.shares
82B                                                       -MarCap
 
41.46 billion pesos                                   -Equity to parent company
1.838 billion pesos                                   -Capital stock
10.6 billion pesos                                     -Retained earnings

60 billion pesos                                       -Total Asset
324 million pesos                                    -Cash and cash equivalent
18.6
billion pesos                                    -Total Liabilities

Revenue: 9M Operation
530 million pesos                                   -2013
323
million pesos                                   -2012
% change:  64%

Net Income 9M:
2.75 billion pesos                                   -2013

1.88 billion pesos                                   -2012

% change:  46%

Annualized income: 3.67B


closing price 15-11-2013:  42 pesos
ANNUALIZED EPS:  1.85
PE: 22.70                

BV per share: 21.0 pesos
Price to book value: 2x

Other notes:

Return on Equity: 8.80 %
Return on Assets: 6.10 %
Net income margin: 418%

Current ratio: 1.30
Debt-to-equity: 0.45

Expensive Multiple as per Benjamin Graham is 22.5 (PE x P/BV)

BV=21
P=42
P/BV= 2
PE= 22.70

BGM= 45.4

Nov.15- ALCO chart and analysis

Stock: ALCO
Date:15 Nov

Open-0.20
Low-0.20
High- 0.215
Close-0.210
Change: 1.94% 

Technicals:
-a spike in the trading activity today resulted to a volume above 10ema. 
-psyc resistance 0.21,0.22,0.23
-notice the MACD histogram rising
-price is above 200,60,30 sma

Actions:
to know what all the fuss is about

Trailing stops:
N/A

other info:
market price at 0.21 is below book value which is 0.27

you may want to check the 9 month financials of ALCO:
ALCO previous blog entry Nov.8


Nov.15- ATNB chart and analysis

Stock: ATNB

Date: 15 Nov

Technicals:
-prices in the last 3 trading sessions are above 200sma. It has been almost 3 years that atnb traded below 200sma. 
-psyc resistance 1.30,1.50,1.70
-above 1.30 is breakout
-MACD is positive

Actions:
add above 1.30

Trailing stops:
N/A

other info:
market price at 1.26 is below book value which is 3.0

Reminder:
patience is highly needed

11.13.2013

Nov.13- SHNG 3Q 2013 Shang Properties Inc.

SHNG 3Q 2013 


4,764,056,287               -Out.shares 
14,435,090,549              -MarCap
 

24.138 billion pesos        -Equity attributable to parent company
15.563 billion pesos        -Retained earnings

38.175  billion pesos       -Assets
7.703 billion pesos          -Total current asset
3.635 billion pesos          -Total current liabilities
1.913 billion pesos          -Cash and cash equivalent

14.03 billion pesos          -Liabilities

Revenue: 9M
4.706 billion pesos           -2013
3.699 billion pesos           -2012
% change:  27%

Net Income 9M:
1.432 billion pesos            -2013
1.029 billion pesos            -2012
% change: 39%

Annualized income: 1.909 B

closing price 13-11-2013: 3.29 pesos
ANNUALIZED EPS :  40 centavos
P/E : 8.2x

B/V per share: 5.07 pesos
Price to book value: 0.65x
Note: Market price is below Book value

Return on Equity: 8 %
Return on Assets: 5 %
Net income margin: 30%

Current ratio: 2.12
Debt-to-equity: 0.58


source: SHNG 3Q Financial Report

Happy Investing

11.08.2013

Nov.8- Arthaland Corp. ALCO 3Q 2013

ALCO 3Q 2013

5,318,095,199                                        -Out.shares
1,084,891,420                                        -MarCap
 

1.4 billion pesos                                     
-Equity 
850.7 million pesos                                 -Capital stock
543 million pesos                                   -Retained earnings


4.42 billion pesos                                   -Total Asset
521.148 million pesos                             -Cash and cash equivalent
2.97 billion pesos                                   -Liabilities

Revenue: Operation
1.917 billion pesos                                  -2013
979 million pesos                                    -2012
% change:  96%

Net Income 3Q:
169.7 million pesos                                 -2013
64.6 million pesos                                   -2012
% change: 162 %

Annualized income: 226M

closing price 08-11-2013:  0.206 pesos
ANNUALIZED EPS:  0.042 centavos
PE: 4.90                

BV per share: 0.27 pesos
*current price is below book value (bargain)

Price to book value: 0.76x

Other notes:

Return on Equity: 15 %
Return on Assets: 5 %
Net income margin: 8.8%

Current ratio: 1.48
Debt-to-equity: 2.05



Expensive Multiple as per Benjamin Graham is 22.5 (PE x P/BV)

BV=0.27
P=0.206
P/BV= 0.76
PE= 4.90
BGM= 3.74

source: ALCO 3Q Financial Report