drbubb 0 Report post Posted November 15, 2020 RCI vs ROX ... YTD: 10d: 0.54 / 1.53= ratio 35.5% : 5-stks/ Updated end-June 2022 SUGAR vs PHL sugar producers ... UPDATE, June 2022 Sugar (18.33cts, 89% DBA-$20.66) vs. sugar producers: VMC: 2.79 (15.2%), ROX: 1.57 (8.56%), CAT: 10.08 (55.0%) Good moves in Sugar & Sugar shares In two weeks, from end of October, CAT rose from 11.60 to 22.80: +96.6% RCI-etc ... 4yr: YTD: from Apr2016: >4'20: Nov2019: Last: RCI: 1.21, ROX: 1.88 = 64.4%: Rox/R= 155% Sym: /Sugar: 11.13: YE’2019: % chg: Y.Low: % chg: PER : Yield% Sugar: 100.% : $14.96: 13.42: +11.5%: $9.21 : +62.4%:RCI. : 8.09%: P 1.21 : P2.17: - 44.2%: 1.10 : +10.0%: 15,2 : 0.00% : ROX : 12.6% : P 1.88 : P1.80 : +4.44%: 1.28 : +46.9%: N/ A : 0.00% : Rox/R: 155.% : % 155. : 82.9% : =====: 116.%: +33.6%:CAT. : 152.% : P22.80: 17.48 : +30.4%: 10.8 : +110.%: 72.3 : 0.00% : Cat/R 18.84x: 18.84x : 8.06x : ======: 9.85x: +800% : Watching these others go up, and thinking that RCI must follow soon, if they keep rising from Apr2016: w/VMC / Dec2018: Nov2019: Last: RCI: 1.21, ROX: 1.88 = 64.4%: Rox/R= 155% Dec2018: Nov2019: Last: RCI: 1.21, ROX: 1.88 = 64.4%: Rox/R= 155% === Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted January 6, 2021 Sugar: $16.25, Dec.2019: Dec'18 ... 10d / RCI: 1.23, ROX: 1.64, CAT: 13.70, @ 1.06.2021 Sym:/ Sugar : 11.13: YrE’19: YE'20: Sugar: %chg.: 01.06 : Sugar Sugar: 100.%: $14.96: 13.42: 15.49: 100.%: +11.5%: 16.25 : 100.%: RCI. : 8.09%: P 1.21 : P2.17: P1.29: 8.33%: - 40.6%: 1.23 : 7.57%: ROX : 12.6% : P 1.88 : P1.80: P1.81: 11.7%:+0.56%: 1.63 : 10.0 %: Rox/R: 155.% : %155.: 82.9%: 140.% =====: =====: 133.%: =====: CAT. : 152.%: P22.8 : 17.48 : 14.64: 94.5%: -16.2%: 13.70 : 84.3%: Cat/R 18.84x: 18.8x : 8.06 x: 11.4x: =====: +40.8%: 11.3x : =====: Sym:/ Sugar : YrE’19: YE'20: Sugar: %chg.: 01.07 : Sugar Sugar: 100.%: $13.42: 15.49: 100.%: +11.5%: 15.66 : 100.%: RCI. : 16.2%: P 2.17 : P1.29: 8.33%: - 40.6%: 1.24 : 7.92%: ROX : 13.4% : P1.80 : P1.81: 11.7%: +0.56%: 1.65 : 10.5 %: Rox/R: ==== : 82.9%: 140.% =====: =====: 133.%: =====: CAT. : 130.%: 17.48 : 14.64: 94.5%: -16.2%: 13.98 : 89.3%: Cat/R: ==== : 8.06 x: 11.4x: =====: +40.8%: 11.3x : =====: update : https://i.imgur.com/QUZSWy3.gif Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted January 18, 2021 update: Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted February 17, 2021 RCI almost never falls below the current ratio to ROX : 66%, 2/3rds RCI: 1.15 / ROX: 1.74 = Ratio: 66.0% RCI-etc... from Apr.2018: w/Sugar: ... 1yr: 10d / ROX seems crazy-cheap relative to Sugar === Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted March 4, 2021 Coiled spring? But recent "good news" did nothing RCI ... updated: 10d / Last: P 1.15 == Sta. Lucia bought a total of 37.4 hectares in Nasugbu, Batangas from Roxaco, a wholly-owned subsidiary of publicly-listed Roxas and Co., on 24 February 2021. READ: Roxas Group sells Batangas properties to SM, Sta Lucia The assets are located in Barangay Lumbangan (20.2 hectares) and Barangay Bilaran (17.2 hecatres) in Nasugbu. Roxaco did not disclose the transaction price. This is the second property deal between Robles and the Roxas-Elizalde group in the last 13 months. Sta. Lucia bought a 6.67-hectare beachfront properly in Nasugbu from Roxaco in January 2020. Roxaco planned to use the proceeds from the sale to pay off a portion of its debt and for its working capital needs. Roxaco is optimistic that with Sta. Lucia’s planned residential and commercial developments for the properties, its remaining properties in Nasugbu would have a “substantial increase in fair market value.” > https://bilyonaryo.com.ph/2021/02/27/37-4-hectares-in-nasugbu-sta-lucia-buys-more-batangas-properties-from-roxaco-land/ Roxas and Co. plans to further reduce debt in 2021 ... Peb 5, 2021 — “RCI's coconut processing subsidiary, Roxas-Sigma Agriventures, Inc., achieved double digit revenue growth for the third straight year and is ... Roxas and Company sells Batangas properties to NGCP Power Philippines News. on January 26, 2021 at Roxas and Company, Inc. (RCI), a firm mainly involved in property ventures, has formalized the sale of several of its properties in Batangas to the National Grid Corporation of the Philippines (NGCP). In a disclosure to the Philippine Stock Exchange, RCI said that the company and subsidiary Roxaco Land Corporation (RLC) have sold to the NGCP around 27,680 square meters of their land in Barangay Banilad in Nasugbu town for a total of Php49.8 million, exclusive of value-added taxes. RCI owned 15,577 sqm valued at Php28 million, while RLC possessed around 12,103 sqm, which was eventually purchased for Php21.8 million. The sale was approved by RCI’s board of directors last December 17, 2020. RCI sold the properties in a bid to reduce its overall debt, as well as to deleverage. NGCP, meanwhile, bought the land for its Tuy (Calaca)-Dasmariñas 500 kilovolt Transmission Line Project. The project would allow the grid firm to be more efficient in providing power to Nasugbu with electricity directly coming the coal-fired power plant in neighboring Calaca. In addition, the transmission line project “will be adjacent to properties of [NGCP] identified as a site for a future solar project.” . . . Asset sale slashed debt in half, ‘derisked’ business: Roxas Holdings ABS-CBN News Posted at Dec 18 2020 09:38 AM MANILA - The sale of Roxas group's assets was able to pay off half of its debt in a move to derisk its business, it said on Thursday. Its sugar and ethanol producer Roxas Holdings Inc. (RHI) sold off their sugar mill and ethanol plant in La Carlota City, Negros Occidental to Universal Robina Corp., which halved its net debt to P4.4 billion from P9.8 billion last year. Roxas Holdings completes sale of sugar milling plant, other assets to URC "The sale of these assets to significantly reduce our debt is part of our efforts to de-risk the business and focus on expanding our sugar refinery operations in Nasugbu, Batangas,” Roxas RHI Chairman Pedro Roxas said. Business refocusing led to non-recurring losses of P2.6 billion. This contributed to RHI's net loss of P3.8 billion from January to September from a narrower net loss of P1.9 billion in the same period last year. Challenges such as plant shutdown, rise in costs, slim margins, and the hampered operations on Taal Volcano eruption in January all contributed to the company's losses, said Celso Dimarucut, RHI executive vice president and chief financial officer. “Despite the prevailing uncertainties due to the pandemic, RHI is doing its best to fast track recovery and implement a wide-ranging transformation strategy to rebuild its sugar mill and refinery in Batangas, while boosting its alcohol business in Negros Occidental and strengthening its agri-business with more targeted programs to help farmers increase their yields,” he added. The group's Roxas and Company Inc. also approved the sale of over 27,000 square meters of its property in Banilad, Batangas to the National Grid Corporation of the Philippines for its Tuy-(Calaca)-Dasmariñas 500 kV Transmission Line project. Roxas & Co. restructures P2.6-b debt - Manila Standard Set 15, 2020 — Roxas and Co. Inc., the listed holding company of the Roxas Group, said it restructured P2.6 ... RCI has been selling some of its assets to repay debt. ... Quote Share this post Link to post Share on other sites
In a disclosure to the Philippine Stock Exchange, RCI said that the company and subsidiary Roxaco Land Corporation (RLC) have sold to the NGCP around 27,680 square meters of their land in Barangay Banilad in Nasugbu town for a total of Php49.8 million, exclusive of value-added taxes. RCI owned 15,577 sqm valued at Php28 million, while RLC possessed around 12,103 sqm, which was eventually purchased for Php21.8 million. The sale was approved by RCI’s board of directors last December 17, 2020. RCI sold the properties in a bid to reduce its overall debt, as well as to deleverage. NGCP, meanwhile, bought the land for its Tuy (Calaca)-Dasmariñas 500 kilovolt Transmission Line Project. The project would allow the grid firm to be more efficient in providing power to Nasugbu with electricity directly coming the coal-fired power plant in neighboring Calaca. In addition, the transmission line project “will be adjacent to properties of [NGCP] identified as a site for a future solar project.” . . . Asset sale slashed debt in half, ‘derisked’ business: Roxas Holdings ABS-CBN News Posted at Dec 18 2020 09:38 AM MANILA - The sale of Roxas group's assets was able to pay off half of its debt in a move to derisk its business, it said on Thursday. Its sugar and ethanol producer Roxas Holdings Inc. (RHI) sold off their sugar mill and ethanol plant in La Carlota City, Negros Occidental to Universal Robina Corp., which halved its net debt to P4.4 billion from P9.8 billion last year. Roxas Holdings completes sale of sugar milling plant, other assets to URC "The sale of these assets to significantly reduce our debt is part of our efforts to de-risk the business and focus on expanding our sugar refinery operations in Nasugbu, Batangas,” Roxas RHI Chairman Pedro Roxas said. Business refocusing led to non-recurring losses of P2.6 billion. This contributed to RHI's net loss of P3.8 billion from January to September from a narrower net loss of P1.9 billion in the same period last year. Challenges such as plant shutdown, rise in costs, slim margins, and the hampered operations on Taal Volcano eruption in January all contributed to the company's losses, said Celso Dimarucut, RHI executive vice president and chief financial officer. “Despite the prevailing uncertainties due to the pandemic, RHI is doing its best to fast track recovery and implement a wide-ranging transformation strategy to rebuild its sugar mill and refinery in Batangas, while boosting its alcohol business in Negros Occidental and strengthening its agri-business with more targeted programs to help farmers increase their yields,” he added. The group's Roxas and Company Inc. also approved the sale of over 27,000 square meters of its property in Banilad, Batangas to the National Grid Corporation of the Philippines for its Tuy-(Calaca)-Dasmariñas 500 kV Transmission Line project.
drbubb 0 Report post Posted March 4, 2021 Weird POP & DROP in ROX price... on 5.58 million shares Chart: 6 mos / ROX : 1.62 -0.13, -7.43% / O: 1.74, H: 2.25, L: 1.59 The Roxas Group underwent a corporate reorganization in 2008 to separate its sugar and real estate businesses into two listed firms. RCI — the mother firm — focused on real estate, while Roxas Holdings, Inc. (RHI / ROX) focused on sugar. RCI eventually sold 31% of its stake in RHI to Manny Pangilinan’s First Pacific Co. Ltd. First Pacific currently controls RHI/ ROX with 62.89% ownership, followed by RCI with 20.56% ownership. Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted March 11, 2021 Consumed by Debt restructuring? Chart : Neither RCI nor ROX has kept up with rising Sugar prices Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted April 29, 2021 SUGAR CORRELATION, if there was one. seems completely Broken now SUGAR, vs. RCI, ROX, etc ... update:10d / RCI: 1.02 / Sugar: 17.16 = 5.94%, ROX: 1.45, 8.45% But RCI seems to have retained a correlation with PSEI: 1.02 / PSEI 6,488= 1.57% /100 Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted May 28, 2021 update: w/rox: 1.06 +0,03, +2.91% Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted June 3, 2021 RCI - etc ... update: 2021: 10d / Last: 1.06 / ROX: 1.70 = 70.9%, CAT: 13.44, Sugar: $17.70 == Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted June 29, 2021 What? No reaction (yet) to Rising Sugar Prices? ROX & RCI vs Sugar (17.63 +0.32, +1.85%) ... Update: w/Psei: 10d/ ROX (1.46= 8.28%), RCI (1.05= 5.96%), === Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted August 16, 2021 When will RCI, if ever, reflect the rising value of "its sugar assets"? RCI- etc ... update: 0.97 +0.01/ 1.40 +0.05 = 69.3%, /20.10 +0.56 = 4.83% ROX etc. 2016: update: w/CAT: Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted October 20, 2021 Switch candidates? It is tough to take a loss, but maybe I can reduce the exposure to RCI, by shifting a portion of RCI's current value into one of these other "cheap" stocks: ROX, ION, or V. RCI -etc... 3yrW: YTD: 10d/ Last: 0.77, ROX: 1.26, ION: 0.84, V: 0.86 Some PHL shares under Book Value Sym: Company Last BkVal: EP : PE-R : RCI: RoxasCo.: 0.77: 3.38: -N/A: -N/A : ROX RoxasHld: 1.26: 3.76: -N/A: -N/A : ION: Ionics Cp.: 0.84: 3.01: 0.166 5.06x V. : Vantage : 0.86: 2.40: 0.101: 8.53x ==== Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted April 12 ROX is now outperforming RCI RCI (0.58) versus ROX (1.38) : 5yr: 2yr: 1yr: from mid-2019: Ratio 42.0% from 4.10.2021: === Sym: Company Last BkVal: Pr/BV: EPS : shs.OS : RCI: Roxas Co.: 0.58: 3.38 : 00.0% -N/A: 2,195M : p1.273bn ROX RoxasHld: 1.38: 3.31 : 00.0% -N/A: 1,548M : p2.136bn 99.6m x 0.58= p 138m / 00% OF RCI MKTCAP ROX RoxasHld shares held by RCI - keeps falling Dec. 31, 2020 : 99,624,995 6.363% Dec. 31, 2018: 99,624,995 6.363% Sep. 30, 2017 : 318,341,705 20.347% Ownership structure of ROX: at 2013 =================== : Roxas and Company, Inc. 597,606,670 66.0% 318,358,910 35%Pesan Holdings, Inc. 49,614,887 5.45% 21,819,575 2.40%Mari Carmen Roxas Elizalde 2,204,688 0.24% 0 0%> https://www.roxascompany.com.ph/images/items/uploads/Additional information on sale of ROX shares amd buy-back of RCI shares .pdf Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted May 31 RCI: still trying to move off the LOWS after a good earnings report RCI / Roxas & Co. Inc. ... Jan.2020: 6mo: 3mo: 10d / Last: 0.57 + 0.03 . Jan.2020: 6mo: 3mo: 10d / Last: 0.57 + 0.03 Though RCI has only a very limited exposure to Sugar, I like to show these charts together... RCI vs. ROX, CAT and Sugar : update: rci: 0.57, rox: 1.11 - Ratio: 51.4% ... cat: 11.00. sugar: 19.61 cents Radiant chart... update: Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted June 24 CATCH-UP coming?: Seems like RCI should be doing some catch-up with ROX., now P 1.00 higher. But RCI's ownership may be down to something like just 10%, so they can move separately. ROX-rci ... 5yr: 3yr: 1yr: YTD: 10d / Last: RCI: 0.56 +0.03 +5.66%, ROX: 1.57 +0.03 +1.95% 3yr: 1yr: 5yr: 3yr: 1yr: YTD: Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted June 24 SUGAR vs PHL sugar producers Sugar (18.33cts, 89% DBA-$20.66) vs. sugar producers: VMC: 2.79 (15.2%), ROX: 1.57 (8.56%), CAT: 10.08 (55.0%) RCI now has only a very limited exposure to Sugar - like a 10-20% stake in RCI. I still like to show these charts together... RCI vs. ROX, CAT and Sugar : 2020: 2018 / rci: 0.56, rox: 1.57 - Ratio: 35.7%, was 51.4% ... cat: 10.08. sugar: 18.33 cents 2018: Sugar vs. SLV, DBA : 10yr: 5yr: 4yr: 2yr 1yr: 6mo: 10d: Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted June 27 RCI vs ROX ... YTD: 10d: 0.54 / 1.53= ratio 35.5% : 5-stks/ Updated end-June 2022 Roxas Holdings / ROX Update : Last P 1.53, +53% up from Yr.Low: 1.00 Roxas & Co / RCI Update : Last P 0.54, +12.5% up from Yr.Low: 0.48 Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted July 6 UNRELATED shares, but I liked how this charted... RCI - etc... Update: Last: 0.54 / GDX: 26.96 = r-2.00% == Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted July 19 YOU CANNOT SNEAK UP on a point like this, without leaving a signature on the Charts. RCI at 0.60, with bids coming in... may be on the Launchpad. RCI .. YTD: -etc: 0.60 +0.02 Cluster ... from 2018: 2019: 2021: YTD: from 2019: 2021: YTD: from 2018: 2019: 2021: YTD: from 2018: 2019: 2021: YTD: ION from 2019 : Last 0.83 +0.10, +13.7% === Quote Share this post Link to post Share on other sites
drbubb 0 Report post Posted August 1 Update : SUGAR vs Soft Commodities SUGAR vs. WEAT/ Wheat and DBA/ Agri Comms. ... from Dec2015: 2017: 5yr: 2yr: 1yr: 10d / cc : 17.54, $8.46, 20.19 Ratio: SUGAR to DBA: 17.54 / 20.19 = r- 86.8%. Using theirs: 0.1754 / $20.19= 0.869% Ratio: WHEAT to DBA: WEAT: 8.46 / 20.19 = r- 41.9%. Using theirs: 807.75 / $20.19= r-40.01 Quote Share this post Link to post Share on other sites
