Top 25 Largest Companies in the Philippines for Jul 2017

"Top 25 Largest Companies in the Philippines" is a monthly publication by Filipino Investor to give investors in the PSE a sense on what are the largest companies a.k.a. "Blue Chips" in terms of Market Capitalization at current market prices.

This will be particularly useful to large-cap investors a.k.a. those investors who like to large, established companies.

Formula:
Market Capitalization = Shares Outstanding x Current Stock Price

We would like to remind the readers of this website to do due diligence before investing. Cheers and enjoy!

Data as of 23-Jul-2017

Rank	Ticker	Short Name	Market Cap (PHP)	Last Price (PHP)	P/E	P/B	Dividend Yield
1	SMPH	SM PRIME HLDGS	1,005,000,000,000	34.80	40.83	4.18	0.75
2	SM	SM INVESTMENTS	963,666,000,000	800.00	33.11	3.11	0.97
3	ALI	AYALA LAND INC	620,657,000,000	42.15	28.28	4.18	1.14
4	JGS	JG SUMMIT HLDG	555,120,000,000	77.50	63.19	2.21	0.30
5	AC	AYALA CORP	546,647,000,000	880.00	21.10	2.36	0.79
6	BDO	BDO UNIBANK INC	541,140,000,000	123.90	18.39	1.96	0.97
7	AEV	ABOITIZ EQUITY	426,478,000,000	75.70	19.28	3.06	1.76
8	BPI	BANK PHILIPPINE	420,413,000,000	107.00	18.06	2.45	1.68
9	TEL	PLDT INC	367,295,000,000	1700.00	19.66	3.36	3.29
10	URC	UNIVERSAL ROBINA	354,870,000,000	161.00		4.80	1.96
11	MER	MANILA ELECTRIC	312,206,000,000	277.00	16.06	4.53	2.95
12	AP	ABOITIZ POWER	295,816,000,000	40.20	15.30	2.97	3.38
13	MBT	METRO BANK & TR	276,357,000,000	86.90	15.00	1.38	1.15
14	GLO	GLOBE TELECOM	269,551,000,000	2028.00	18.24	4.32	4.49
15	SMC	SAN MIGUEL	245,226,000,000	103.10	27.43	0.90	1.36
16	JFC	JOLLIBEE FOODS	240,167,000,000	221.80	37.84	6.66	0.90
17	GTCAP	GT CAPITAL HOLD	230,153,000,000	1195.00	21.79	1.79	0.25
18	ICT	INTL CONTAIN TER	214,553,000,000	106.00	28.82	2.51	2.33
19	MPI	METRO PACIFIC IN	209,532,000,000	6.65	17.50	1.37	2.05
20	DMC	DMCI HLDGS INC	207,129,000,000	15.60	16.05	2.91	1.54
21	LTG	LT GROUP INC	189,158,000,000	17.48	23.46	1.39	0.86
22	SCC	SEMIRARA MINING	178,968,000,000	168.00	14.90	5.22	2.98
23	SECB	SECURITY BANK	171,656,000,000	227.80	20.16	1.72	0.88
24	MEG	MEGAWORLD CORP	151,525,000,000	4.70	12.88	1.18	1.15
25	AGI	ALLIANCE GLOBAL	143,778,000,000	14.00	9.42	0.95	2.21

Source: Bloomberg

DISCLAIMER:

This is not an investment advice and the author shall not be responsible or liable for any trading or investment decisions made based on this information.
The author hereby expressly disclaims any responsibility for any error or inaccuracy in the information.

Top 25 Highest Dividend Yield in the Philippines for Jul 2017

"Top 25 Highest Dividend Yield in the Philippines" is a monthly publication by Filipino Investor to give investors in the PSE a sense on what are the highest dividend yielding stocks at current market prices.

This will be particularly useful to income investors a.k.a. those investors who like to buy companies that pay dividends.

We used Bloomberg's Dividend Indicated Yield in calculating the numbers defined as:

"The most recently announced gross dividend, annualized based on the Dividend Frequency (DV016, DVD_FREQ), then divided by the current market price. If the security is paying an interim/final dividend, then the indicated yield is calculated by adding the gross amount from the most recently announced interim and the most recently announced final, and dividing the sum by the current market price. Abnormal Dividends are not included in this yield calculation."

Formulas:

Dividend Yield = Dividend Per Share / Stock Price x 100%

Dividend Payout Ratio = Dividend Per Share / Earnings Per Share x 100%

We would like to remind the readers of this website to do due diligence specially on the more iliquid names.

Data as of 23-Jul-17

Chelsea Logistics Holdings Corp. (“CLC”) Initial Public Offering (IPO) Implementing Guidelines For Local Small Investors (LSI)

Final Offer Price: 10.68 per share

Minimum Subscription
1,000 Firm shares, and thereafter, in multiples of 100 Firm Shares

Documentary Requirements
For Individual Applicants (pls. note that individual applicants are required to personally submit their applications):

Two (2) duly executed signature cards attach to the accomplished LSIP Form

LSIP Form available at: to be announced - TBA
LSIP Receiving Center/s: to be announced - TBA

Photocopy of any two valid government-issued ID cards (SSS, GSIS, Driver’s License, Passport or PRC). An ID is considered valid provided that the same is current and bears the signature and photo of the owner-applicant.

Mode of Payment
LSI applicants may pay through cashier’s/manager’s check, corporate check or personal check drawn against a bank account with a Bangko Sentral ng Pilipinas (“BSP”) - authorized agent bank or any branch thereof, located in Metro Manila.

All checks should be made payable to “(TBA)”, crossed “Payee’s Account Only,” and must be dated the same date of the submission of the Application

Timetable
Price-setting Date – July 20, 2017
Start of Offer Period for LSIs – July 24, 2017, Monday 9am-3pm
End of Offer Period for Metro Manila – July 31, 2017, Monday 12noon
End of Offer Period for Outside Manila – TBA
Target Listing Date – August 08, 2017, Tuesday

Each LSI application may subscribe not more than TBA Offer Shares in accordance with the Board lot table.

Disclosure: http://edge.pse.com.ph/openDiscViewer.do?edge_no=29f5a94d2388c5003318251c9257320d#sthash.xGFMaRWu.dpbs

Prospectus: http://www.chelsealogistics.ph/reports/prospectus/prospectus

IPO Disclosures: http://edge.pse.com.ph/listingNotices/form.do

Information Sources: Philstocks, PSE Listing Notices

DISCLAIMER: 
This is not an investment advice and the author shall not be responsible or liable for any trading or investment decisions made based on this information.

The author hereby expressly disclaims any responsibility for any error or inaccuracy in the information.

Fun Fact: IPOs vs Delistings in the US from 1998-2013

We encountered the chart below in the Bloomberg Terminal and found it quite amazing.

Key takeaways:

1. The number of publicly listed stocks in the US has been going down in the last 15 years. Because the number of Delistings > the number of IPOs.

2. As an investor in the PSE, this chart gives you a sense how small our market is vs the US. Imagine listing 500+ companies in 1 year (Year 1999)! - to put that in context context there were only 8 IPOs in the Philippines in the year 2016. We have a long way to go! But... We are on the way :)

3. This chart kind of reminds us to be humble. That's because on IPO's all the glamorous pictures, smiling faces on the opening bell and stock promotions are there. But on delistings, it's usually because the company failed to meet exchange requirements, corporate bankruptcy, buyout etc. which is usually not a very rosy picture. 

 IPOs vs Delistings in the US from 1998-2013

Source: Bloomberg

DISCLAIMER: 
This is not an investment advice and the author shall not be responsible or liable for any trading or investment decisions made based on this information.

The author hereby expressly disclaims any responsibility for any error or inaccuracy in the information.