We have just published the top 30 strongest stocks for 2017. In case you haven’t seen it yet, you can check it out here. Meanwhile, here’s the list of the top 30 decliners in 2017. Most of these stocks are strong, and over the previous year may have seen increases and drops in stock prices. It may […]
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PhilWeb Corp. (PSE: WEB) has received a letter from the Philippine Amusement and Gaming Corp. (PAGCOR), allowing it to offer its services as an electronic gaming system service provider to the first 16 PAGCOR-licensed gaming sites for electronic games, subject to inspection and testing by PAGCOR. Related Articles:PhilWeb Subsidiary Acquires PAGCOR e-Games Site in MandauePhilWeb […]
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Makati—(PHStocks)—PhilWeb Corp. (PSE: WEB), thru its subsidiary BigGame Inc., has acquired 100% ownership of a PAGCOR e-Games site in Mandaue City from Noel C. Basubas by giving the latter 150,000 PhilWeb common shares, at a price of PhP11.00 per share, for his 49% ownership in said site. Related Articles:PhilWeb 2015 Net Income Hits PhP870MPhilWeb Receives […]
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Manila—(PHStocks)—Following a slight dip in the previous trading session, Philippine stocks recovered to close today’s market a little above the 8,000-point mark. The mainboard Philippine Stock Exchange index (PSEi) jumped by 1.19% or 93.72 points to close today’s session at 8,001.38. The wider All Shares index, meanwhile, went up by 0.94% to finish at 4,760.27. […]
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Makati—(PHStocks)—Today, June 2, 2017, Roberto V. Ongpin sold 118,500,000 shares of PhilWeb Corp. (PSE: WEB) to Gregorio Araneta Inc. (GA) at a price of PhP2.60 per share. The transaction marks the second and final tranche of the sale of Ongpin’s full holdings in WEB to GA, following closely on the first tranche of 653,151,896 WEB […]
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Manila—(PHStocks)—The PHStocks top performers and losers list returns after several months of absence. As always, the list is based on the price performance of stocks based on their closing price at the last trading day of the prior month and their closing price at the last trading day of the month in review. So, without […]
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Manila—(PHStocks)—Last week, we presented the 50 best stock performers for March. This post lists the top 30 decliners during the month. PHStocks only selected 30 as the rest in the “Losers Bracket” of our analysis remained flat in March. 1. Agrinurture Inc. (PSE: ANI): PhP4.70, -19.24% 2. Liberty Telecoms Holdings Inc. (PSE: LIB): PhP3.56, -11% […]
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Makati—(PHStocks)—PhilWeb Corp. (PSE: WEB), the service provider to PAGCOR’s network of e-Games outlets, released its audited financial statements for 2015, showing an increase in revenue despite increased competition from other forms of gaming operations. Annual revenue totalled PhP1.67 billion, while net income was PhP870 million. Income before tax and EBITDA were all higher than the […]
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