Eliminating the “swing votes”. Philex’s CEO Walter Brown and Vice chairman Roberto Ongpin,
together with DBP, have agreed to sell a combined 452Mil shares or 9.24% of Philex to the First
Pacific Group for Php9.5Bil or Php21.00/sh. This effectively increased Fist Pacific’s stake in Philex
to 40%.
Expecting a correction in share prices. We expect this development to trigger [...]

The Philippine Stock Exchange (PSE) approved in August 2009 rules to exempt certain stocks from the price trading band or the limit in the increases or decreases of stock prices within the day.
Trading band: Max 50% price increase; max 40% price decrease
Stocks traded on the PSE currently have a limit of 50% in terms of [...]

Big time stock market veterans might be on the verge of bid war in acquiring shares of ownership with Philex Mining (PX). Be expecting the two big group who are suspected to be responsible on Meralco’s (MER) sudden boom in price value for the past months will continue to do some bidding business!
To quote a [...]

This is an excerpt on the news published by www.gmanews.tv regarding President GMA’s undeclared wealth in houses and in stocks.

Few profitable firms
The president, according to SEC records updated as of October 2008, still has business and financial connections in at least five entities: Optima Research & Consultancy Agency, Inc., incorporator as of Sept 15, [...]

I have never profited from my office – GMA
Philstar.com – Tuesday, August 11Send IM Story Print
MANILA, Philippines – President Arroyo maintained yesterday that she has never and will never use her position for personal profit even as she strongly denied manipulating her statements of assets, liabilities and net worth (SALN) that showed her net [...]

Rise and fall of Meralco: Your questions answered
PHILEQUITY CORNER By Valentino Sy (The Philippine Star) Updated August 03, 2009 12:00 AM
We have received many queries on the recent price action of Meralco. Many are still befuddled on the steep rise and the equally sharp fall of its stock price. Last week, market watchers have [...]