AUD IS A GREAT VALUE INVESTING

“AUB posts 66% year-on-year growth in Q3 2019” Asia United Bank (AUB) posted a net income of P3.8 billion by end of third quarter of 2019, 66% higher than a year ago. Boosting its bottom line was the 38% growth in interest income from loans and receivables. The bank’s gross interest income increased by 39% to P10.4 billion by end of September 3D, 2019 from P7.5 billion of the same period in 2018. Net interest income increased by 24% from P5.6 billion for the period ended September 30,2018 to P6.9 billion same period this year. This translated to a 4.3% net interest margin, higher than last year’s 4.2%. “It is truly a remarkable year for AUB and we look forward to finishing 2019 strong. This growth is a result of the successful execution of our strategy from the beginning of the year, which remains a testament of the trust and confidence that our customers give us. We are confident that this growth will continue to motivate us to be the primary enablers our customers’ envisioned success,” said Manuel A. Gomez, AUB President.

AUB have lots more upward potential & the dividends are excellent

BCOR – BERJAYA – OUR APPROACH SPECULATIVE FOR NOW

Aug 21, 2019 Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction: – To realize part of its investment in SEM for working capital Details of the acquisition or disposition Date: Aug 21, 2019 Manner: Private Sale Description of the company to be acquired or sold: – Incorporated on 16 August 2013, SEM through its 100%-owned subsidiary, 7-Eleven Malaysia Sdn. Bhd. is the owner and operator of 7-Eleven Stores in Malaysia. 7-Eleven Malaysia is the single largest convenience store chain in Malaysia with more than 2,300 convenience stores all over Malaysia. The terms and conditions of the transaction Number of shares to be acquired or disposed: 8,100,000 Percentage to the total outstanding shares of the company subject of the transaction: 0.7 Price per share: RM 1.48 or Php 18.50 per SEM share Nature and amount of consideration given or received: – Malaysian Ringgit eleven million nine hundred eighty eight thousand (RM11,988,000.00) converted to Philippine Pesos one hundred forty nine million eight hundred fifty thousand (Php149,850,000.00). Principle followed in determining the amount of consideration: – The price of RM1.48 per SEM share was based on the 5-day volume weighted average market price of SEM shares up to and including 20 August 2019 of RM1.48 each.

Need to keep an eye – put is calculated risk

TECHNICAL CHARTS

Bullish Flag in action with Oversold RSI -NICE
PSEi remains fragile as the Coronavirus takes centrestage
BCOR have taken big correction after a nasty disposal shares last year – We believe now the price is good

KEY TAKEAWAYS

  • Buy cautiously for now – as fundamentally the market is fragile – READ MORE
  • Technical Price are bargain hunting price

FINWAZE TEAM

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.ilanmaks.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents? |???2020 Finwaze?Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?

97电影网-九七电影院-97资源站