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drbubb

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  3. Property-based stocks: SHNG, POPI, LAND etc

    in Makati Prime.com's Philippines Forum

    Posted

    ROCK is following SHNG higher...  MEG: 2.10 / SHNG: 3.37 = 62.3%, Disc. P1.27  .  2.93%, per: 4.55

    Ot5kZDs.gif

    UPDATE: MEG: 2.10 + 0.06. / SHNG: 3.37 -0.01 = 62.3%, Discount P1.27  .  2.93%, per: 4.55

    Looks like MEG has finally broken above the down trendline! Vol. 35.6M

    DxKWnOT.gif

    UPDATE: FLI : 0.68 UNCH. / SHNG: 3.37 -0.01 = 20.18%, S/F RATIO 4.96 . 5.29%, per: 5.58

    FLI is still below the down trendline! Vol. 712,000

    2oNMtni.gif

    UPDATE: VLL : 1.59 +0.02. / SHNG: 3.30 -0.07 = 48.18%, S/F RATIO 2.08 . 1.84%, per: 3.12

    VLL is headed into a Pinch point. Vol. 100,000 ?

    KMh8VQi.gif

    UPDATE: CPG : 0.35 +0.01. / SHNG: 3.30 -0.07 = 10.61%, S/F RATIO 9.43 . 3.46%, per: 5.6

    CPG is still below the down trendline! Vol. ???

    nGUUQOq.gif


    Sym.  Price. Yield, PEratio
    SHNG 3.30, 7.58%,  3.65
    ROCK  1.53, 4.92%,  3.94
    MEG:   2.10, 2.93%,  4.55
    FLI  :    0.68, 5.29%,  5.58
    VLL :    1.59, 1.84%,   3.12
    CPG:    0.35, 3.46%,  5.61
    ALCO:  .485, 2.47%,  4.47

    Some of these PHL Property stocks may be cheap enough to Buy now.                     

    ROCK is following SHNG higher, by raising its dividend.  Will other Developers do same?

    C05792: Rockwell Land declaration of cash dividends

    Ex-Date: Aug 17, 2023 Type of Securities: Common Cash Dividend Date of Approval by Board of Directors: Jul 28, 2023 Other Relevant Regulatory Agency, if applicable: N/A Date of Approval by Relevant Regulatory Agency: N/A Type (Regular or Special): Regular Amount of Cash Dividend Per Share: Php 0.0752 per share to all common shareholders Record Date: Aug 23, 2023 Payment Date: Sep 18, 2023

    Source of Dividend Payment: 20% previous year's net income after tax of 2,302M

  4. Megaworld and AGI (parent) thread

    in Makati Prime.com's Philippines Forum

    Posted

    UPDATE: fr.3.1.23: MEG: 2.10 + 0.06. / SHNG: 3.37 -0.01 = 62.3%, Discount P1.27  

    Looks like MEG has finally broken above the down trendline! Vol. 35.6M

    DxKWnOT.gif

    Aug: MEG: Shng.  2023…
    1/03 2.05 : 2.55 :  (0.50)
    3/31 2.00 : 2.73 :  (0.73)
    7/28 2.03 : 3.39 : (1.36)
    7/31  2.05 : 3.40 : (1.35)
    01  :  2.04 : 3.41 : (1.37) . Aug.1, peak discount
    02  :  2.02 : 3.38 : (1.36)
    03  :  2.05 : 3.35 : (1.30)
    04  :  2.04 : 3.38 : (1.34)
    07  :  2.10 :  3.37 : (1.27)
    ===

  5. ROY: Gold Mining Royalty Co's

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    Royal Gold logs net income of $63.4 million in second quarter, maintains annual guidance

    (Kitco News) - Precious metals stream and royalty company Royal Gold (NASDAQ: RGLD) yesterday announced Q2 2023 revenue of $144.0 million (Q2 2022: $146.4 million) and operating cash flow of $107.9 million (Q2 2022: $120.2 million).

    The company said that the decrease in total revenue in the second quarter resulted primarily from lower gold sales at Andacollo, lower copper sales at Mount Milligan and lower gold and silver production attributable to its interest at Peñasquito.

    “The decrease in operating cash flow was primarily due to higher interest payments on amounts outstanding under our revolving credit facility and lower royalty revenue, compared to the prior year period,” it added.

    The company also reported Q2 2023 net income of $63.4 million or $0.97 per share (Q2 2022: net income of $71.1 million or $1.08 per share), while adjusted net income was $57.2 million or $0.88 per share (Q2 2022: adjusted net income of $54 million or $0.81 per share).

    Royal Gold explained that the decrease in net income was primarily attributable to higher debt-related interest expense.

    Importantly, the company informed that there is no change to previously issued guidance for sales of 320,000 to 345,000 gold equivalent ounces (GEOs) for 2023.

    “However, if operations at Peñasquito remain suspended through the remainder of 2023, and absent other unforeseen events at our producing properties, total GEO sales may come in around the low end of the 2023 guidance range,” the company said in a press release.

  6. Kinross Gold - an underperformer looking better

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    x

    8HhQaN1.gif

    Kinross increases net earnings to $151M in 2nd Qtr as gold production up, costs down

    shutterstock_724298887.jpg(Kitco News) - Kinross Gold (TSX: K) (NYSE: KGC), one of the world’s largest gold producers, announced today it produced 555,036 gold equivalent ounces in Q2 2023 from continuing operations, up 22% compared with 453,978 ounces in Q2 2022.

    The company said in a press release that the increase in its quarterly gold output was primarily attributable to higher production at La Coipa, and higher grades and recoveries at Paracatu and Tasiast.

    According to Kinross, production cost of sales from its continuing operations per gold equivalent ounce sold was $900 for the quarter, down 12% compared with $1,027 in Q2 2022, primarily due to the increase in gold equivalent ounces sold.

    Kinross’ margin from continuing operations per gold equivalent ounce sold increased to $1,076 for Q2 2023, compared with the Q2 2022 margin of $845.

    Free cash flow from the company’s continuing operations in Q2 2023 was $246.7 million, which is an increase of 129% compared with $107.7 million in Q2 2022.

    The company’s reported net earnings from continuing operations amounted to $151.0 million, or $0.12 per share, for Q2 2023, compared with reported net loss of $9.3 million, or $0.01 per share, for Q2 2022.

    Kinross said that the increase in reported net earnings was mainly due to the increase in margins.

    The company reaffirmed its guidance and expects to produce 2.1 million gold equivalent ounces (+/- 5%) in 2023, and is on track to meet its annual guidance for production cost of sales, all-in sustaining cost and attributable capital expenditures.

    Kinross also announced that its Board declared a quarterly dividend of $0.03 per common share payable on September 8, 2023 to shareholders of record at the close of business on August 24, 2023.

    > more:  https://www.kitco.com/news/2023-08-02/Kinross-increases-net-earnings-to-151M-in-second-quarter-as-gold-production-up-costs-down.html

  7. Megaworld and AGI (parent) thread

    in Makati Prime.com's Philippines Forum

    Posted

    TOP VOLUME today is...           1
       #1:   MEG    2.05 +0.0300 +1.49% .  Value: 853,792,550.  shs. 422,648,000

    Good news.  But how long a rally can that sustain.  Anyway, MEG seems to be making progress

    C05873: Megaworld's retail arm bags multimillion deal to bring Finland's...

    Megaworld Lifestyle Malls, the retail and commercial arm of property giant Megaworld Corporation, has forged a multimillion-peso agreement with Finland-based SuperPark United to bring the global indoor activity park brand SuperPark in the Philippines. The company has established Megapark Philippines, Inc. to operate all SuperPark Philippines outlets in the country.

    "This joint venture with an iconic global leisure concept will provide a new leisure and recreation destination for those who live, work, and play in Megaworld townships. This is in line with our continuing efforts to promote our townships as tourism destinations that host one-of-a- kind attractions for people of all ages," Graham M. Coates, head, Megaworld Lifestyle Malls. Hailed as the 'friendliest all-in-one indoor activity park in the world' with multiple locations in Finland, China, Malaysia, Kuwait and Singapore,

  9. By-the-Letters Tour of some PHL traded stocks

    in Makati Prime.com's Philippines Forum

    Posted

    SMC / San Miguel Corp.  3yr: Ytd: 10d.  Last:  P 109.

    FeSU09q.gif

    SMC Bal.Sheet: Quick & Dirty look -
    Bn.Php
    =====: 2022 : 2021 : 2020 : 2019 :
    Revs.   : 1,516.: 946.0: 741.7: 1038.1
    T/R’s.   : 172.4:   99.1: 74.66: 88.79:
    A/R;s.  : 238.8: 161.8: 124.4: 136.5:
    Both.   : 411.2 : 260.9: 199.0: 225.3:
    Days.  ;  99.0d 100.7d  97.9d  79.2d
    A/P’s.   :  108.0: 88.97: 65.80: 100.4:
    Ds Rev.:  -26.0: -34.3:  -32.4: -35.3:
    NetDays 82.0d  66.4d  65.5d 43.9d

    ST Debt. 458.8: 303.1: 240.3: 238.3:
    LT Debt.  972.6: 796.7: 672.4: 641.1:
    Total.   :  1,431. : 1,100.: 1,025: 994.5:
    Net dbt.  1.113. : 799.7:  677.3: 708.1:
    Net ?/?:   -303.: -172.:   -133.: -125.:
    NN dbt:     810..:  608.:   544.:  583.:
    Earns.  :  -12.97: 13.93:   2.97:  21.33:
    Deprec:    70.10: 46.47: 27.72: 35.24:
    E+depr.:   57.87: 60.40: 30.69: 53.54:
    Yrs”CF”:  11.6yr  10.1yr  17.7yr  10.9yr

    San Miguel Balance sheet shows... 

    SMC is trying to GROW out of its debt bind.  But the big jump in new revenues / news business is not highly profitable.  Higher leverage and losses, suggest that RISKS are increased.  SMC needs to start showing some decent profits, or it may be forced to shrink, to meet its obligations.  It does not show in the numbers above, but increased dividend obligations on preferred shares also adds to the risks.

  10. DD - Double Dragon, and DDMPR

    in Makati Prime.com's Philippines Forum

    Posted

    BIZ BUZZ: DoubleDragon within striking distance

    Philippine Daily Inquirer / 02:43 AM August 01, 2023
    biz-buzz-06082021.jpg

    Last week’s big news was that DoubleDragon Corp. of billionaires Edgar “Injap” Sia II and Tony Tancaktiong had become the country’s fourth largest shopping mall developer and landlord with the opening of its 45th property, the latest CityMall in Surigao City.

    What the firm didn’t say is that it is actually within close striking distance of the country’s top three mall developers.

    In fact, Biz Buzz learned that DoubleDragon will—barring any last minute hitches— probably overtake its closest competitor and become the Philippines’ third largest shopping mall developer as soon as next year.

    The Sia-Tancaktiong venture is set to open seven more community malls across the country between now and next year.

    After last week’s opening of CityMall-Surigao, three more CityMalls are slated to be completed in the fourth quarter of 2023, namely CityMall-Bay Laguna, CityMall-Palo Leyte, and CityMall-Antique.

    For 2024, four more CityMalls are set to open, namely CityMall-General Trias Cavite, CityMall-Guiwan Zamboanga, CityMall-Ormoc and CityMall-Ozamiz.

    As such, by the end of next year, the firm will almost certainly overtake Ayala Land in terms of number of shopping malls, and will only be one mall short of current second-placer Robinsons Land (the leader SM Prime remains far ahead).

    Once this milestone is achieved, DoubleDragon will have a gross leasable area across its entire portfolio of properties of 1.29 million square meters (sqm) fully built and completed, substantially exceeding its stated goal of topping 1 million sq m of leasable space set in 2020.

    What’s more impressive is that DoubleDragon is achieving all this within 10 years of this plan being set into motion when the company listed on the Philippine Stock Exchange in April 2014. Not bad. Not everyone can claim to deliver on their promises like this firm can.

  11. Hang Lung Properties / Group - good Buy near $14, $20?

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    Hang Lung Group, Six Month results

    CONSOLIDATED RESULTS
    For the six months ended June 30, 2023, the total revenue of Hang Lung Group Limited (the Company) and its subsidiaries (collectively known as “the Group”) decreased by 1% to HK$5,525 million compared to the same period last year, as the solid leasing performance realized through our unique positioning and disciplined execution was affected by the Renminbi (“RMB”) depreciation and lower contributions from property sales.

    Property leasing revenue grew by 4% to HK$5,523 million, and revenue from property sales was HK$2 million (2022: HK$316 million).
    The overall operating profit increased by 3% to HK$4,034 million.
    The underlying net profit attributable to shareholders for the first half of 2023 was HK$1,560 million, 3% below the same period last year. The corresponding underlying earnings per share decreased to HK$1.15.

    Taking into account a net revaluation gain on properties attributable to shareholders of HK$122 million (2022: net revaluation loss of HK$161 million), the Group reported a net profit attributable to shareholders of HK$1,682 million (2022: HK$1,439 million). The corresponding earnings per share was HK$1.24 (2022: HK$1.06).

    (Earnings Table HERE.)
    DIVIDEND
    The Board of Directors has declared an interim dividend of HK21 cents per share for 2023 (2022: HK21 cents) to be paid in cash on September 29, 2023, to shareholders whose names are listed on
    the register of members on September 15, 2023.

    > source: 

  13. Megaworld and AGI (parent) thread

    in Makati Prime.com's Philippines Forum

    Posted

    MORE CLARITY in this chart, with same-price starting point (15.aug.22): MEG: 2.57, Shng: 2.60.

    MEG vs-SHNG... from 15.aug.22: YTD: 3.1.23: 10d/ MEG (2.05) -SHNG (3.39) = r-60.5% Disc.:-1.34

    OkHp8yu.gif

    Aug: MEG: Shng.  2022…
    1/03   3.16 : 2.61: +0.55
    3/31   3.01 : 2.60: +0.41
    11.   :  2.42 : 2.60 : (0.18)
    12.  :  2.45 : 2.50 : (0.05)
    15   :  2.57 : 2.60: (0.03)
    16.  :  2.55 : 2.62 : (0.07)
    17.   :  2.56 : 2.61 : (0.05)
    18.   :  2.58 : 2.61 : (0.03)
    19.   :  2.65 : 2.61: +0.04
    20.   :  2.57 : 2.60 : (0.03)

    Stock: Last : shs.OS: MkCp: BkVal. BV/sh. EPS:  PER:  Div.: Yield : Pr./BV
    SHNG: 3.40 : 4.764B: 16.2 B: 40.2B: P8.43: .903: 3.77: .250: 7.35%: 40.3%
    MEG* : 2.05 : 31.49B: 64.6B: 209.B: P6.64: . 461: 4.45: .061: 2.98%: 30.9%
    MReit: 14.20 : 2.532B: 35.9B: 49.5B: 19.56: at YE’22.                        : 72.6%
    ====
    Owns* 14.20: 2.17B? ?30.8B; 48% of MEG's Mkt.Cap.                   

  15. CIRCUIT's Attractions. Makati's new entertainment area*

    in Makati Prime.com's Philippines Forum

    Posted

    ALVEO Projects in Makati

    CONDO Building  /  Year
    Columns Ayala     :  2006, 30 st.<800 unit?
    Escala.                  :  2019, 36 st. 258 units
    Lerato, 1,2,3          : ’17-19, 48 St., 1,329 unit
    Gentry.Residential:  2024? 49 st., 391 units
    Gentry Office.       :  2024? 13 st, 182 offices
       Salcedo units.   :  244 st= 2,960 R, 182 O

    Alveo Fin’l Tower.  :  2022, 49 st, 363 offices
    Columns Legaspi  :  2011,  41 st.,  800 units
    Senta.                    :  2014? 39 st,  432 units
    Kroma.                   :  2019,  46 st,  808 units
    Parkford Suites     :  2028? 35 st,  163 units
       Legaspi units.    :  170 st= 2,203 R, 363 O
       MAKATI  CBD.    :  414 st= 5,163 R, 545 O

    ALVEO Named “Community Innovations” 1995 > 2007?

    Solstice Twr. 1&2 :  20??,  32 st. 461 units
    Callisto Twr. 1&2  : 2024, 30-32?. 460E units
    Stiles Ent. Plaza  :  2021?, 28 st, 283 units
       Circuit SO FAR :  128 st=  921 R, 283 O
    Mergent Tower    :  2028?, 40st, 325 units
       MAKATI  Total  :  582 st=  6,409R, 828 O

  16. ETHE, Ethereum at a Discount. +HIVE, RIOT (Miners)

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    Grayscale asks the SEC to approve all spot BTC ETF applications simultaneously

    (Kitco News) - Crypto fund manager Grayscale Investments has submitted a letter to the Securities and Exchange Commission (SEC) asking that the regulator approve all the recently filed spot Bitcoin (BTC) exchange-traded funds (ETF) at the same time so that no product has an advantage over the others.

    Grayscale said approving proposals on an individual basis “would reflect a positive but sudden and significant change in the Commission’s application of the relevant statutory standard, and as such would improperly grant an unfairly discriminatory and prejudicial first-mover advantage to these proposals.”

    For this reason, the firm is looking to have all spot BTC ETP applications, including previously rejected applications, approved simultaneously.

    > MORE: https://www.kitco.com/news/2023-07-28/Grayscale-asks-the-SEC-to-approve-all-spot-BTC-ETF-applications-simultaneously.html

  17. SIL vs. SLV, AGQ : Silver Miners vs. Silver etfs

    in Gold, FX, Stocks / Diaries & Blogs

    Posted

    SIL / AGQ.  SLV : Silver Miners vs. Silver etf, with Ratio charts

    SIL (31.18) is now 123% of SLV (25.40); and just 87.4% of AGQ (35.66)

    SLV - on T-view: $25.40 (91.4% of Silver-$27.80) $2.40 Gap. 71.2% of AGQ: $35.66 /s: 140.3%

    qd8yk1p.jpeg

    SIL : $31.18

    Xb2aare.jpeg

    Versus AGQ ($35.66)
    Silver  27.80, 78.0% / Gold $2340 = GSR: 84.2

    Sym: Apr.08:   Pct.  ( R : Low.- High, Size, HvL)  %-R : op2v 
    SLV : $25.40, 71.2% (18.97 - 25.48, $6.51, 34%) 98.8% 36% 
    SIL  :  $31.18, 87.4% (22.57 - 33.24, 11.67,  47%) 73.8% 37% 
    AGQ  $35.66, 100.% (21.30 - 36.30, 15.00,  70%) 95.7% 67% 
    Gdxj  $41.91,  118. % (30.46- 43.89, 13.43, 44%) 85.3% 37% 
    GDX  $33.60, 94.2% (25.62- 36.26, 10.64, 42%) 75.0% 34% 
    UGL: $79.83, 224.% (50.62- 80.09, 29.47, 58%)  99.1% 33% 
    Jnug $38.90, 109.% (21.92 - 51.53, 29.61, 135%) 57.3% 74%

    Paas  $18.07, 50.6% (12.16 - 19.84,  $7.68, 63%) 77.0% 50% 
    MAG  $12.12, 34.0% ($8.20 -14.42, $6.22, 76%) 63.0% 55% 
    AG  :  $  7.93, 22.2% ($4.17 - $9.19, $5.02, 120.) 74.9% 68% 
    CDE   $ 4.73, 13.3% ($2.00 - $5.07, $3.07, 154.) 88.9% 76% 
    FSM   $ 4.68, 13.1% ($2.58- $4.90, $2.32, 90%) 90.5% 45% 
    AAG.v 0.340, 0.95% ($0.14 -$0.37, $0.23, 164%) 87.0% == 
    DEF.v  0.220, 0.62% (0.085 -$0.24, 0.155, 182%) 87.1%  == 
    SVRS. 0.140, 0.39%  (0.090 -$0.23, 0.140, 156%) 35.7% == 
    ====

    SIL (31.18) is now 123% of SLV (25.40); and just 87.4% of AGQ (35.66)

    CW0nKpk.png

    SIL (30.08) / AGQ-33.19 = 90.6%, JNUG- 36.31, 120.7% :: SLV- 24.49, 73.8%, sil/slv= 122.8%

    i1VkK0p.gif

    (. UPDATED: Apr. 2024. )

    SIL-etc... : 10yr: 5yr: from Mar.2018:  Mar.2020 : 10d/ SIL: $33.93 / SLV: $21.28 = r-159.4%, / AGQ: $32.48 = r-104.5%,

    W5tV7AZ.gif

    ===

    SIL / Global X Silver Miners: 2022: 30.08 -0.38  / 7.23.23: 26.93 +0.33 

    XhhuB0Q.gif

    z08SZJr.gif

    Bought CALLS yesterday when SIL was trading near LOD. 

    I am very bullish on Silver starting in AUG. Silver shares could outperform the metal.

    SIL vs. AGQ: 26.93 +0.33, 1.24% / 30.40 +0.49, 1.64% = 88.6%

    start: 12/31/21: 36.68/ 34.74 = 105.6%

    fA96YMS.gif

    Ratio: SIL vs. AGQ: 26.93 / 30.40 = 88.6%

    3tiqbfo.png

    At end July'23: SIL to SLV, way down from R- 2.00

    NJjMzA9.png

  20. Megaworld and AGI (parent) thread

    in Makati Prime.com's Philippines Forum

    Posted

    MEG is a big discount to SHNG, over P1.30

    MEG vs. SHNG: from Nov.2022: YTD: 10d: 2.06 / 3.38 : r-60.9%, P1.32 discount to SHNG

    YrE'2022: 2.00 / 2.54 : r-78.7%, P0.54 discount to SHNG

    RhR82CJ.gif

    Stock: Last : shs.OS: MkCp: BkVal. BV/sh. EPS: PER:  Div.: Yield : Pr./BV
    SHNG: 3.38 : 4.764B: 16.1 B: 40.2B: P8.43: .903: 3.74: .250: 7.35%: 40.1%
    MEG. :  2.06 : 31.49B: 64.9B: 209.B: P6.64: .461: 4.47: .061: 2.98%: 31.0%
    MReit : 14.04: 2.532B: 35.5B: 49.5B: 19.56: at YE’22.                         71.8%
    MReit : 14.24: 2.532B: 35.1B: 49.5B: 19.56: at YE’22
     >now: 14.24: 3.20B? ?45.6B 62.0B: 19.3E estimate??
    Owns* 14.24: 2.17B? ?30.9B; 49% of MEG's MkCap
    ====
    Owns* 14.24: 2.17B? ?30.9B; 49% of MEG's MkCap
    ====

    YTD: MEG: 2.04 / MReit: 14.06 = r-14.5%

    TjfxzMH.gif

    MReit vs. MEG: from Oct.22: Ytd: 10d: 14.06 / 2.04 = r-6.89x

    nK5mf97.gif

  24. RISE Makati.com - Update and Marketplace

    in Makati Prime.com's Philippines Forum

    Posted

    THIS THREAD has gone quiet, long ago.

    Meantime there is an Active RISE DISCUSSION Group over at FB:

    The RISE Makati for Rent/Sale
    Public group, 8.9K members. :  LINK

    Notice a thread there with someone bidding 190K per sq for a 2BR.

    2BR: Any 2br units for sale below 190k per square?

    Max.:   68sq x 190k =12.92M …  73sq x 190k =13.87M

    "Maximum List price that will make me want to view"

    KkxwPZj.png

    Seemed to be some decent response to to.  + Many DM's ?

    As for RENTS for 2BR's, I saw:

    BID RENT at 55k Monthly,  versus OFFER RENT at 85k Monthly.

    And I found THIS:

    FD4gAV8.png

    Assuming 65,000 x12= 780k / 13.5 Million, that is a 5.77% Gross yield.

  25. BIDEN CRIME Family Exposed this week!

    in NEWS Commentary, 2021 & Beyond

    Posted

    The "mainstream" LIE Stream Media is COVERING UP the Biden Crimes

    404uaRg.png

    ‘IT’S NOT GOING AWAY’: Biden family allegedly ‘coerced’ Burisma CEO

     

    Good ole Joe, King of Corruption. Listen to that old press conference (and the laughter). Biden's CORRUPT Dealings meant Lots of Laughs for Yatsenyuk.
    He freaking bragged about it! He was bragging about extortion, and we've known about it for years, what the heck?
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