webmaster

FILRT Down against TLT, because Tenants were lost during Covid (and since then) BPI thinks: "FILRT’s lower-than-peer occupancy rates (84% as of 1H23 vs peer avg of 95%) have been more than priced in" FvF: 0.70 / 3.05= 22.95%, /TLT-94.42= 0.74%, 3.32% Stock Feature: FILRT (BPI Report) We have a BUY rating on FILRT with a DDM-based end-2024 price target of Php3.80/shr, implying potential upside of c.+22%. We believe rental income and occupancy rates were at an inflection point going into 2024. We believe average vacancy rates peaked in 2023 and expect it to stabilize at the 16% level. We also see vacancy rates for FILRT falling to 15%/14% in FY24/25F on the back of the firm’s aggressive origination efforts and our view that the cheaper rents in Alabang will help stoke demand. We believe concerns about FILRT’s lowerthan-peer occupancy rates (84% as of 1H23 vs peer avg of 95%) have been more than priced in following the stock’s steep 45% YoY sell-off (vs. PCOMP’s 8.2% decline). At current levels, we find the stock’s FY24F dividend yield of 9.2% attractive against the current 10-year BVAL of 6.25% amid a potential backdrop of falling interest rates in the next 12 months.

FILRT Down against TLT, because Tenants were lost during Covid (and since then) BPI thinks: "FILRT’s lower-than-peer occupancy rates (84% as of 1H23 vs peer avg of 95%) have been more than priced in" FvF: 0.70 / 3.05= 22.95%, /TLT-94.42= 0.74%, 3.32% Stock Feature: FILRT (BPI Report) We have a BUY rating on FILRT with a DDM-based end-2024 price target of Php3.80/shr, implying potential upside of c.+22%. We believe rental income and occupancy rates were at an inflection point going into 2024. We believe average vacancy rates peaked in 2023 and expect it to stabilize at the 16% level. We also see vacancy rates for FILRT falling to 15%/14% in FY24/25F on the back of the firm’s aggressive origination efforts and our view that the cheaper rents in Alabang will help stoke demand. We believe concerns about FILRT’s lowerthan-peer occupancy rates (84% as of 1H23 vs peer avg of 95%) have been more than priced in following the stock’s steep 45% YoY sell-off (vs. PCOMP’s 8.2% decline). At current levels, we find the stock’s FY24F dividend yield of 9.2% attractive against the current 10-year BVAL of 6.25% amid a potential backdrop of falling interest rates in the next 12 months.

Cheapest GOLD Stocks : ROY: SR: iMed: JR1: JR2: etc.. based on P/CF ROY: Sand: $5.43, 7.1%; Tfpm: $16.32, 21.3%; Rgld: 122.3, 159%; FNV: 123.3, 161% /UGL $76.7 @5.3.24 SR : K , EDV, BTO, ABX iMed : FVI, OGX, NGD, EQX, CDE JR1 : ORE, ORA, ARIS, KRR; JR2: ARIS, CXB, MAG, IAU ===== CHEAPEST 3 - Royalty, based on P/CF USD.eqv Price: Gn.>Target NAV: Pr/N: Pr/CF EV/eb FCFsust.Mr 1 SAND 4.65 +47% $6.85 $6.04 0.77x 12.4x, 11.3x 57% 2 RGLD 112.75 +28% 144.0 78.30: 1.44x 14.0x, 11.7x 69% 3 TFPM 13.63 +14%: 15.56 14.48: 1.27x 16.5x, 15.2x 76% 6 WPM 44.70 +26% 56.30 29.60 1.51x 25.8x 21.8x 66% 7 FNV 115.0 +01%: 120.0 55.27 2.08x 26.5x 20.1x 72% SUGGESTIONS: + Lg. Cap., Diversified: AEM / Agnico-Eagle + Torque to Gold: KGC / Kinross + Growth & value: EDV / Endeavour Mining + Large cap Royalty: WPM / Wheaton Precious Metals + Mid-tied Royalty: OGR / Osisko Gold Royalties + Small Cap: ARIS.t / Aris Mining Royalty, CDN, based on P/CF # sym. Price Target NAV : Pr/N Pr/CF FCFsust.Marg 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30 1.44x 14.0x, 69% 3 TFPM C$18.4 21.00: 10.73: 1.27x 16.5x, 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% Edited just now by webmaster CHEAPEST 3 - in each category (P/CF) Price, Target, NAV, P/N, P/CF, sus.FCF-margin Royalty 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30: 1.44x 14.0x 69% 3 TFPM C$18.4 21.00: 00.00: 1.27x 16.5x 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% === CHEAPEST 3 - in each category (P/CF) Price, Target, NAV, P/N, P/CF, sus.FCF-margin Royalty 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30: 1.44x 14.0x 69% 3 TFPM C$18.4 21.00: 00.00: 1.27x 16.5x 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72% Seniors 1 K C$7.25: 11.00, 13.43: 0.54x, 3.9x, 26% 2 EDV C25.70: 45.00 55.87: 0.46x, 4.7x 26% 3 BTO C$3.56: $7.25, $8.48: 0.42x, 4.9x 25% 6 ABX C21.29: 27.00, 32.75: 0.65x, 6.4x 24% Intermed. 1 FVI C$4.35: $6.00, $5.18: 0.84x 2.4x 23% 2 OGC C$2.75: $4.00, $3.09: 0.89x 2.5x 33% 3 NGD C$2.03: $2.75, $2.86: 0.71x 2.7x 29% x EQX C$6.33: 11.50, 23.44: 0.27x 3.3x 17% x CDE $3.13: $3.00, $3.19: 0.98x 12.0x -9% x HL $4.06: $5.00, $3.03: 1.34x 12.3x +9% Junior Prod /1 ORE C$0.90: $2.25, $3.60: 0.25x, 2.0x, 41%% /2 ORA C$9.42: 15.00, 117.75 0.08x, 2.4x, 30%% /3 ARIS C$4.55: $9.25, 32.50: 0.14x, 3.0x, 22%% /4 KRR C$4.76: $7.75, $9.92: 0.48x 3.6x, 36%% /5 CXB C$1.75: $3.00, $4.07: 0.43x 3.6x, 27%% /x MAG C$12.17 20.00, 17.64: 0.69x 13.1x, 14%% /x IAU C$2.11: $6.00, $5.86: 0.36x nm , -53%% /====

CHEAPEST 3 - Royalty, based on P/CF USD.eqv Price: Gn.>Target NAV: Pr/N: Pr/CF EV/eb FCFsust.Mr 1 SAND 4.65 +47% $6.85 $6.04 0.77x 12.4x, 11.3x 57% 2 RGLD 112.75 +28% 144.0 78.30: 1.44x 14.0x, 11.7x 69% 3 TFPM 13.63 +14%: 15.56 14.48: 1.27x 16.5x, 15.2x 76% 6 WPM 44.70 +26% 56.30 29.60 1.51x 25.8x 21.8x 66% 7 FNV 115.0 + 4%: 120.0 55.27 2.08x 26.5x 20.1x 72% SUGGESTIONS: + Lg. Cap., Diversified: AEM / Agnico-Eagle + Torque to Gold: KGC / Kinross + Growth & value: EDV / Endeavour Mining + Large cap Royalty: WPM / Wheaton Precious Metals + Mid-tied Royalty: OGR / Osisko Gold Royalties + Small Cap: ARIS.t / Aris Mining Royalty, CDN, based on P/CF # sym. Price Target NAV : Pr/N Pr/CF FCFsust.Marg 1 SSL C$6.28 $9.25 $8.15: 0.77x 12.4x 57% 2 RGLD 112.75 144.0: 78.30 1.44x 14.0x, 69% 3 TFPM C$18.4 21.00: 10.73: 1.27x 16.5x, 76% 7 FNV C155.2 162.0: 74.62: 2.08x 26.5x 72%

Qwk:/$70.03-ugl: AGQ-$27.95 (39.9%), GDX-$30.13 (43.0%), Gdxj-$36.60

ARIS breaking out? At C$4.55 +0.28 Canaccord has C$23 NAV, that's 5.05x ARIS is at 20% of Canaccord's est. NAV

K.t : C$7.70, R: (5.275 to 8.39) NEM : $34.26, R: (29.42 to 52.76)

Kinross Gold Corporation (NYSE: KGC) is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada. The company focuses on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. In its third-quarter 2023 results released on November 8, 2023, Kinross reported impressive growth and operational achievements. Revenue surged to $1,102.4 million, marking a substantial increase from $856.5 million in the same period last year. Net income reached $109.7 million, or $0.09 per diluted share, with adjusted net earnings standing at $144.6 million, or $0.12 per share, surpassing analysts' projections. Higher average realized gold prices and higher sales of gold equivalent ounces, especially from the Tasiast and Paracatu mines, which had record-breaking performances, were the main drivers of the 28.7% increase in revenue over the previous year. Kinross achieved significant milestones in production, with sales of 571,248 Au eq. oz. and production of 585,449 gold equivalent ounces in the third quarter of 2023, marking an 11% increase from the previous year. The realized price for gold was $1,929 GEO sold, with all-in sustaining costs (AISC) at $1,264 per ounce, reflecting operational efficiency and cost management initiatives. The company's operational cash flow surged from $171.6 million to $406.8 million, indicating robust financial performance. Despite increased capital expenditures, Kinross maintains a solid balance sheet, positioning it for sustainable growth and capital investments in its projects worldwide. Kinross Gold Corporation remains on track to meet its 2023 production guidance, leveraging its operational excellence and strategic investments. With a 25% increase in performance over the past year, Kinross has outperformed its competitors, reinforcing its position as a leading player in the global gold mining industry. As Kinross Gold Corporation continues to drive growth and value through responsible mining practices and operational efficiency, investors can expect sustained performance and long-term value creation from this esteemed industry leader. Kinross Gold Corporation (NYSE:KGC) will release its 2023 fourth-quarter and full-year financial statements and operating results on Wednesday, February 14, 2024, after market close. This announcement underscores the company's commitment to transparency and accountability in its financial reporting.

Gold Royalty Corp/ GROY: $1.90 /UGL-68.66=2.77%; Tfpm: 13.56, 19.7% 3.12.24: $1.85 / UGL-68.66 = 2.69%; Tfpm: 13.44, 19.57% GROY operates as a gold-focused royalty company, offering innovative financing solutions to the metals and mining industries. The company's strategy is to acquire royalties, streams, and similar interests across the mine life cycle, building a diversified portfolio with near, medium, and longer-term returns. Currently, Gold Royalty's portfolio primarily comprises net smelter return royalties on gold properties situated in the Americas. In its recent earnings report for Q3 2023, Gold Royalty Corporation (NYSE: GROY) demonstrated positive momentum. The company reported a lower adjusted net loss and significantly higher total revenue and land agreement proceeds compared to the previous quarter. Notably, there was an approximately 11% increase in total royalties. While quarterly revenue showed a slight decrease compared to the same period last year, there was a notable 48% growth in total revenue and land use agreement proceeds. This growth was primarily attributed to new revenue from Cozamin, offsetting the absence of revenue from Jerritt Canyon due to care and maintenance. Operating cash flow before working capital changes also improved significantly, reflecting the company's efforts to reduce costs and streamline administrative activities. Although Gold Royalty's financial metrics are improving, the company still reported net losses, which may raise concerns among investors. However, with the higher average realized gold price and a significant increase in attributable gold-equivalent ounce production, the company anticipates a positive trajectory in the coming years. The outlook for 2024 suggests an inflection point, with expected growth in operating cash flow, further boosted by continued production increases in 2025. In recent moves, Gold Royalty Corp. announced significant investments and acquisitions. The company entered into agreements with Borborema Inc. to provide project financing for the Borborema gold project in Brazil, securing a 2% net smelter return royalty and a royalty-convertible gold-linked loan. Additionally, Gold Royalty completed the acquisition of a portfolio of 21 royalties in Quebec from SOQUEM, further enhancing its asset base and growth potential. These initiatives underscore Gold Royalty's commitment to expanding its royalty portfolio and capitalizing on emerging opportunities in the gold mining sector. With a focus on responsible mining practices and operational excellence, Gold Royalty Corporation (NYSE: GROY) remains poised for continued growth and value creation in the gold royalty space.

ARIS.t: o: 4.18, h: 4.42, l: , cl. C$4.27 +2.64%, vol.: 473k (R: 2.77 to 4.65 ) CHART Comment: Comment by tsoprano24on Mar 07, 2024 1:38pm RE:fantastic value at current shareprice. Trouble is management drunk@noon, agree. But from a chart standpoint I like what I see. Stuck to upper bolinger band which are spreading out. Should lead to days of upward momentum. Looks like multiple crossings on EMAs. Bullish. Macd has positive divergence. Saw similar setup on TNEYF, Tamerick Oil. Followed BB up for over a week. The company could help out with buybacks, but I realize I've mentioned that a couple times previously. So we will see how this chart setup works out. Hopefully PoG helps out. Comment by pppon Mar 07, 2024 1:13pm Every time I invested with this group I have made money. So I will throw my chips in and let these guys do what they do best.. Wheaton River made me alot of money so did Endeavor and leagold. ...more ARIS.t : ARIS (C$4.00) / UGL: $70.00=xx%, Start, 1/'20: C$6.00 / $70.00= xx% ===

Aris Mining earns $11.4-million (U.S.) in 2023 2024-03-06 18:32 ET - News Release Mr. Neil Woodyer reports ARIS MINING REPORTS 2023 RESULTS WITH GUIDANCE ACHIEVED, NET EARNINGS OF $11.4M, ADJUSTED EARNINGS OF $52.2M ($0.38/SHARE), ADJUSTED EBITDA OF $159M Aris Mining Corp. has released its financial and operating results for the three and 12 months ended Dec. 31, 2023 (fourth quarter (Q4) 2023 and fiscal year (FY) 2023, respectively). All amounts are in U.S. dollars unless otherwise indicated. Aris Mining chief executive officer Neil Woodyer stated: "In 2023, we restructured the operations team and introduced new operating procedures following the combination of GCM Mining and Aris Gold in September, 2022. The new team achieved consistent quarter-over-quarter increases in gold production during 2023, significantly enhancing our position in 2024 and the future. We have achieved the initial phase of our vision to create an attractive gold mining company for investors by integrating profitable operations with exploration potential and growth projects. "During 2023, our high-grade Segovia operations produced 202,940 ounces of gold at a processed grade of 10.4 g/t, with all-in sustaining costs per ounce of $1,173, achieving production and AISC guidance. For the full year 2023, our mines generated $75.4-million in free cash flow from operations, which largely funded $84.2-million in growth and expansion investments, and we ended the year with a cash position of $195-million.

BTC Futures: $67,930. RIOT: $12.12, Ap12C:2.00 (16.5%) -Ap21C:0.67 (5.52%): N: $1.33 (11.0%) /IV $0.12=11.08x HIVE: $3.45, Mr12C:2.00 (16.5%) -Mr21C:0.67 (5.52%): N: $1.33 (11.0%) /IV $0.12=11.08x MARA: 22.62, Ap22C:4.62 (20.4%) -Ap38C:1.66 (7.34%): N: $2.96 (13.1%) /IV $0.62= 4.77x Alt#2: 22.62. Ap25C: 3.68 (16.3%) -Ap45C:1.25 (5.52%): N: $2.43 (10.7%) /IV $0.00= Infin. Alt#3: 22.62. Je25C: 5.78 (25.6%) -Je45C:2.95 (13.0%): N: $2.83 (12.5%) /IV $0.00= Infin. Alt#4: 22.62. Je23C: 6.32 (27.9%) -Je34C:4.05 (17.9%): N: $2.27 (10.0%) R:156% MARA Options: Sell: 16x Jun$34C: 4.05. Buy: 10x Jun$23C: 6.32 = (6,480 -6,320= +$160) Apr. 16x $34C: BB: (2.06), + Sell 10x $23C $4.28 = (-3,296 +4,280= +$984)

GOLD has a way to go yet (Target?: maybe GLD-$212+ x10.81= $2,292)

GOLD has a way to go yet (Target?: maybe GLD-$212+ x10.81= $2,292)

MEG Per Share, '21-22 & 2023 estimates =======: 2021 : 2022 : 2023 : chg. Revenue : 46.4B: 55.1B: 69.7B: +17% Income : ??? B: 15.4B: 19.4B +26% Earnings : 13.43b 13.46b 17.3B +29% Shs. O/S : 31.86b 31.46b 31.18b Earns/sh : 0.42 : 0.43 : 0.555e +29% Divs. /sh : .0425: .0615 : .083e +35% B.V. /sh. : 6.24 : 6.64 : 7.11e: Dv/Earns : 10.1%: 14.3%: 15%e Ret.EPS : +.378 : +.378: +.47E : Chg. BV +.430 : +.300: +.47E : ====== YE’sh.Pr : 3.21 : 2.00 : 1.97 : P1.93 @ 3.07.23 Yield : 1.32%: 3.08%: 4.21%: 4.30% ShPr/BV : 51.4%: 30.1%: 27.7%: 27.3%

"MEGAWORLD HITS RECORD FINANCIAL PERFORMANCE IN 2023, INCOME UP 26% TO P19.4B" Strong growth across core businesses fuels the Company's banner year Megaworld Corporation, the country's premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4-billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7- billion. Net income attributable to the parent company's shareholders also jumped by 29% to P17.3 billion from last year's P13.5-billion. The remarkable performance is underpinned by the company's double-digit growth across all core businesses. "2023 marked a pivotal moment for Megaworld as our financial milestones showcased our strategic agility and innovations in our product offerings. This proves our ability to adapt and thrive in changing times to reach new heights," says Kevin L. Tan, chief executive officer of Alliance Global Group, the parent company of Megaworld. Real estate sales grew by 16% to a record-breaking level of P42.7- billion, buoyed by strong bookings. Reservation sales reached P139- billion, up 17% year-on-year, surpassing the P130-billion target set by the Company early last year. Last year, Megaworld continued to expand its township offerings, ensuring long-term revenue generation. During the year, the company launched Baytown Palawan in Puerto Princesa City, overlooking the refreshing views of Puerto Princesa Bay. The six- hectare development marks the 31st township of the Company and is set to bring the vibrant concept of Megaworld's iconic Forbes Town development in Bonifacio Global City (BGC) to Puerto Princesa. Megaworld launched new projects worth P72.6-billion in 2023, 61% more than last year's P45-billion and higher than the Company's P60- billion target. These include Positano Mactan at The Mactan Newtown in Cebu worth P2.2-billion and Paragua Sands Hotel at Paragua Coastown in San Vicente, Palawan worth P4.2-billion, among others. 2 / Leasing revenues, on the other hand, also reached new record levels in 2023 as total revenues from Megaworld Lifestyle Malls and Megaworld Premier Offices climbed to P17.9-billion, up 14% year-on- year. The increase was bannered by the 54% jump in mall revenues to P5.3-billion, fueled by the recovery in retail operations and tenant sales. Office revenues, on the other hand, grew by a healthy 3% to P12.6 -billion as the country's office industry faced headwinds during the year. Megaworld Hotels & Resorts continued its leap forward with an outstanding resurgence in 2023, with revenues rising by 46% to P3.8 -billion. This significant growth highlights the sector's strong recovery post-pandemic and underscores Megaworld Hotels & Resorts' effective strategies in hospitality. The company's well-positioned hotel offerings successfully captured the increased local travel and MICE activities, improving overall occupancy and room rates, especially in Belmont Hotel Manila, Savoy Hotel Manila, and Twin Lakes Hotel in Tagaytay. "Looking ahead, we are committed to continuing the momentum, focusing on sustainable and quality growth while expanding strategically to add more value for our Company and stakeholders," adds Tan. 3 / 31 TOWNSHIPS & Communities LISTED To date, Megaworld has 31 master-planned integrated urban townships, integrated lifestyle communities, and lifestyle estates across the country, namely: Eastwood City in Libis, Quezon City, (18.5 hectares); Newport City in Pasay City (25 hectares); McKinley Hill (50 hectares), McKinley West (34.5 hectares), Uptown Bonifacio (15.4 hectares) and Forbes Town (5 hectares), all in Fort Bonifacio, Taguig City; Lucky Chinatown in Binondo, Manila (3 hectares); The Mactan Newtown in Lapu-Lapu City, Cebu (30 hectares); Iloilo Business Park in Mandurriao, Iloilo City (72 hectares); Sta. Barbara Heights in Sta. Barbara, Iloilo (173 hectares); Boracay Newcoast in Boracay Island (150 hectares); Twin Lakes in Laurel, Batangas near Tagaytay (1,300 hectares); ArcoVia City in Pasig City (12.3 hectares); Southwoods City in the boundaries of Biñan, Laguna and Carmona, Cavite (561 hectares); Davao Park District in Lanang, Davao City (11 hectares); Alabang West in Las Piñas City (62 hectares); Eastland Heights in Antipolo, Rizal (640 hectares); Suntrust Ecotown in Tanza, Cavite (350 hectares); Maple Grove in General Trias, Cavite (140 hectares); The Hamptons Caliraya in Lumban-Cavinti, Laguna (300 hectares); The Upper East (34 hectares) in Bacolod City; Northill Gateway (50 hectares) in the boundaries of Bacolod City and Talisay City in Negros Occidental; Capital Town Pampanga beside the Pampanga Provincial Capitol in the City of San Fernando (35.6- hectares); Westside City in the Entertainment City in Parañaque City (31 hectares); Empire East Highland City in Cainta, Rizal (24 hectares); Arden Botanical Estate in the boundaries of Trece Martires and Tanza, Cavite (251 hectares); Paragua Coastown in San Vicente, Palawan (462 hectares); Northwin Global City in Marilao and Bocaue, Bulacan (85 hectares); Winford Resort Estate in Manila City (3 hectares); Sherwood Hills in Trece Martires, Cavite (340 hectares), and Baytown Palawan in Puerto Princesa, Palawan (6 hectares).

DD / Double Dragon, Last: P 7.92 -0.13 / DDmpr: 1.21= 6.54x

MUX peaks when it catches UGL... MUX /McEwen: 47.4M sh x$5.17>8.10= $245M>$384M .. BkVal. $7.59 /sh. MUX-etc Feb/'22: $8.10+0.29 /UGL: 66.90=12.1% /Copper-3.846=211% MUX as % fr.2023: 10d: vs: Cu: 3/05/24: (8.10/3.846= 211%), FCX:($37.12, 21.8%),GM:($40.65, 19.9%) 5/22/23: (8.02/3.690= 217%) FCX:($35.90,22.3%),GM:($32.72, 24.5%) 2016: 2022: 2yr: Ytd: 10d / $5.17 2022 range (2.81 to 11.80) Edited just now by webmaster

McEwen Mining, Buenaventura Report Financial Results; Royal Gold Declares A Dividend And More: Friday's Top Mining Stories BENZINGA 4:32 PM ET Mar-01-2024 Top Stories for Mar. 1, 2024: 1. McEwen Mining Inc. (MUX.NaE) reported fourth-quarter and full-year 2023 financial results on Friday. In the fourth quarter, net income was $137.9 million ($2.88 per share) compared to a net loss of $37.4 million ($0.79 per share) for Q4 2022. As a result of improvements in mining productivity, the company achieved daily, monthly, and quarterly production records, while the Fox Complex achieved the highest average daily mill throughput of 1,300 tons per day. For the year, the company reported a net income of $54.7 million ($1.15 per share) compared to a loss of $81.1 million ($1.71 per share) in 2022. Gold production at its Fox Complex and Gold Bar mine were just above the low end of guidance, while the San José mine was just below and cash costs and all-in sustaining costs were 12-18% higher than guided. Following the October 2023 financing, McEwen Mining (MUX.NaE)'s stake in McEwen Copper dropped to 47.7%, shifting its accounting to equity investment, resulting in a $224 million gain and a $384 million investment valuation. 2. Peru's largest publicly traded precious metals miner, Compañia de Minas Buenaventura S.A.A. announced... 3. Royal Gold, Inc. (RGLD.NaE) announced its board of directors declared a second-quarter dividend of 40 cents per share. The dividend will be distributed on Friday, April 19, 2024, to shareholders as of the close of business on Friday, April 5, 2024. 4. HC Wainwright & Co. analyst Heiko Ihle reiterated U.S. Gold Corp (USAU.NaE) with a Buy and maintained a price target of $11.

ARIS in early March, $4.08 is -6.64% from ye'2023 ($4.37) RATIO: $4.08 +2.03% / 66.07, +3.19% = 6.08%

hmm. Market seems to not like FLI's Income x x "Filinvest Land, Inc. Posts Record 30% Growth in Net Income for 2023" Filinvest Land, Inc. (FLI), one of the leading real estate developers in the Philippines, reported a net income attributable to equity holders of the parent totaling P3.77 billion based on its audited financial statements, posting a record 30% increase compared to the previous year. FLI's total consolidated revenues and other income increased by 13%, reaching Php22.55 billion in 2023, compared to Php19.94 billion in 2022. This remarkable growth can be attributed to the solid contributions of FLI's residential and leasing business segments. "We are very pleased to report Filinvest Land's financial results in 2023 which were driven by the consistent and robust performance of our residential business segment. This was driven by increasing sales to our overseas Filipino workers (OFWs), alongside the strategic expansion and regionalization of our sales network," said Tristan Las Marias, President and Chief Executive Officer of FLI. Las Marias added, "We are also excited about the strong performance of our leasing businesses, including malls, offices, industrial spaces, co-living, and co-working spaces. We anticipate further expansion opportunities for FLI in the coming year. Our stellar performance in the mall business was driven by the increase in occupancy and tenant sales and reduced direct operating expenses led to a record growth in EBITDA of 47%." Key highlights of FLI's performance in 2023 include: Residential Segment: Revenue growth of 13% to Php14.49 billion, driven by accelerated construction progress and the success of housing projects and medium-rise condominiums across strategic locations nationwide. Notably, FLI launched P8.7 billion worth of residential projects in key areas such as Rizal, Laguna, Pangasinan, Cebu, Davao, South Cotabato, Zamboanga, and Iloilo Centrale, an 11.4-hectare mixed-use development in Leganes, Iloilo. Mall Business: Revenue increased by 32% to Php2.21 billion, fueled by higher mall occupancy, increased shopper traffic, and normalized rental rates across FLI's prominent malls, including Festival Mall in Alabang, Main Square in Bacoor City, Fora in Tagaytay City, and IL Corso in City Di Mare, Cebu City. Office Segment: Revenue rose by 2% to Php4.66 billion, driven by improved occupancy rates and rate escalations. Timely adjustments to manage operating expenses of our office properties helped maintain its net income contribution of 33%. FLI also entered a joint venture with KMC Community, Inc., which has enabled the company to reach new markets with a new venture in co-working spaces to increase revenues and occupancy its office properties. New Ventures: FLI recognized revenues from its new ventures, including coliving in Filinvest Mimosa+ Leisure City and its industrial park in New Clark City, showcasing its diversified portfolio and strategic expansion efforts. The co-living or dormitel business segment also contributed strongly on its maiden year with a 1% share in revenues and 4% share in net income. Filinvest Land likewise received multiple Highly Commended citations at The Outlook Philippine Real Estate Awards by Lamudi. The company's Executive Leadership Team, led by Tristan Las Marias, was also honored as the Philippines Team of the Year – Real Estate category at the Asian Management Excellence Awards, highlighting FLI's outstanding achievements in the real estate sector. "This success highlights our dedication to providing high-quality homes within vibrant communities tailored to meet the needs of our discerning homebuyers. Our unwavering commitment to building the Filipino dream remains steadfast," said Las Marias. As FLI continues to chart its path of growth and innovation, the company remains committed to delivering exceptional value to its stakeholders while contributing to developing vibrant, sustainable communities across the Philippines.

zz The upward rise of Bitcoin (BTC-USD) continues apace, and it doesn’t seem like it can be stopped. It gained another 6% on Tuesday and managed to clear the $60,000 mark. Bitcoin’s rise has lifted several other cryptocurrencies and stocks, but one stock that didn’t get helped much was Bitcoin miner Riot Platforms (NASDAQ:RIOT), which is down over 2% in Wednesday morning’s trading. ... Here's What Brokers Think Of Riot Platforms, Inc. (NASDAQ:RIOT) After Its Yearly Report It's been a good week for Riot Platforms, Inc. (NASDAQ:RIOT) shareholders, because the company has just released its latest full-year results, and the shares gained 8.3% to US$17.37. Revenues of US$281m came in a modest 2.7% below forecasts. Statutory losses were a relative bright spot though, with a per-share loss of US$0.28 coming in a substantial 71% smaller than what the analysts had expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Riot Platforms after the latest results. ... There's been no major changes to the consensus price target of US$18.55, suggesting that reduced loss estimates are not enough to have a long-term positive impact on the stock's valuation. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Riot Platforms at US$26.00 per share, while the most bearish prices it at US$11.00. Note the wide gap in analyst price targets? This implies to us that there is a fairly broad range of possible scenarios for the underlying business. > https://finance.yahoo.com/news/analyst-estimates-heres-brokers-think-190107466.html

BTC up again: $53,400, then to $57,000+ overnight RIOT closed MONDAY (2.26) at $17.37 +2.52. H: 17.45 vs. BTC: $53,400 (5pm) / BITO: 25.80 (2,070x; 57k /2.1k= 27.14?)

ALI: P35.90: AReit: P35.10 ALI, 12 mo. Range: 23.15 to 37.65, ...w/ AReit: P35.10, MReit: 13.26 / RCR: P5.49 = 2.42x , /TLT: 93.59= 14.2%, 5.87% , w/AReit: 35.10 ===

ALI : last: P35.60, 12 mo. Range: 23.15 to 37.65, ...w/ AReit: P35.10, MReit: 13.26 / RCR: P5.49 = 2.42x , /TLT: 93.59= 14.2%, 5.87% , w/AReit: 35.10 ===