New Risk • May 26
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱6.05b (US$98.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 71% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₱6.05b market cap, or US$98.3m). Reported Earnings • Apr 30
First quarter 2026 earnings released: EPS: ₱0.006 (vs ₱0.007 in 1Q 2025) First quarter 2026 results: EPS: ₱0.006 (down from ₱0.007 in 1Q 2025). Revenue: ₱308.1m (up 32% from 1Q 2025). Net income: ₱12.0m (down 12% from 1Q 2025). Profit margin: 3.9% (down from 5.8% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Recent Insider Transactions • Mar 25
Asst. Treasurer recently bought ₱549k worth of stock On the 19th of March, Necisto Sytengco bought around 196k shares on-market at roughly ₱2.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱3.5m worth in shares. Reported Earnings • Mar 02
Full year 2025 earnings released: EPS: ₱0.011 (vs ₱0.014 in FY 2024) Full year 2025 results: EPS: ₱0.011 (down from ₱0.014 in FY 2024). Revenue: ₱967.2m (down 14% from FY 2024). Net income: ₱20.8m (down 22% from FY 2024). Profit margin: 2.2% (down from 2.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Ankündigung • Feb 27
SBS Philippines Corporation, Annual General Meeting, Jun 26, 2026 SBS Philippines Corporation, Annual General Meeting, Jun 26, 2026, at 15:00 W. Australia Standard Time. Board Change • Dec 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Helen De Guzman was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: ₱0.004 (vs ₱0.005 in 3Q 2024) Third quarter 2025 results: EPS: ₱0.004 (down from ₱0.005 in 3Q 2024). Revenue: ₱272.2m (flat on 3Q 2024). Net income: ₱6.22m (down 38% from 3Q 2024). Profit margin: 2.3% (down from 3.7% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. New Risk • Oct 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱4.94b (US$85.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₱4.94b market cap, or US$85.2m). Board Change • Sep 05
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Helen De Guzman was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: ₱0.005 (vs ₱0.001 loss in 2Q 2024) Second quarter 2025 results: EPS: ₱0.005 (up from ₱0.001 loss in 2Q 2024). Revenue: ₱246.4m (down 11% from 2Q 2024). Net income: ₱7.91m (up ₱9.92m from 2Q 2024). Profit margin: 3.2% (up from net loss in 2Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Recent Insider Transactions • Jul 19
Vice Chairman of the Board recently bought ₱2.9m worth of stock On the 16th of July, Necisto Sytengco bought around 798k shares on-market at roughly ₱3.69 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱3.2m worth in shares. Ankündigung • Jul 02
SBS Philippines Corporation Appoints Jose Ma. Jason J. Francisco as Data Protection Officer SBS Philippines Corporation announced that at its organizational meeting held on June 27, 2025, approved the appointment of Jose Ma. Jason J. Francisco as data protection officer. Reported Earnings • May 07
First quarter 2025 earnings released: EPS: ₱0.009 (vs ₱0.008 in 1Q 2024) First quarter 2025 results: EPS: ₱0.009 (up from ₱0.008 in 1Q 2024). Revenue: ₱234.1m (down 18% from 1Q 2024). Net income: ₱13.5m (up 7.3% from 1Q 2024). Profit margin: 5.8% (up from 4.4% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 11
Vice Chairman of the Board recently bought ₱152k worth of stock On the 6th of March, Necisto Sytengco bought around 32k shares on-market at roughly ₱4.75 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱1.2m worth in shares. Reported Earnings • Mar 04
Full year 2024 earnings released: EPS: ₱0.017 (vs ₱0.03 in FY 2023) Full year 2024 results: EPS: ₱0.017 (down from ₱0.03 in FY 2023). Revenue: ₱1.12b (up 8.2% from FY 2023). Net income: ₱26.7m (down 42% from FY 2023). Profit margin: 2.4% (down from 4.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 27
SBS Philippines Corporation announces Annual dividend, payable on March 25, 2025 SBS Philippines Corporation announced Annual dividend of PHP 0.0050 per share payable on March 25, 2025, ex-date on March 11, 2025 and record date on March 12, 2025. Ankündigung • Feb 26
SBS Philippines Corporation, Annual General Meeting, Jun 27, 2025 SBS Philippines Corporation, Annual General Meeting, Jun 27, 2025. Location: dasmarinas hall, makati sports club gallardo streets, salcedo villa, l.p. leviste street, makati United States New Risk • Dec 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.7% average weekly change). Reported Earnings • Nov 12
Third quarter 2024 earnings released: EPS: ₱0.006 (vs ₱0.004 in 3Q 2023) Third quarter 2024 results: EPS: ₱0.006 (up from ₱0.004 in 3Q 2023). Revenue: ₱270.3m (up 1.4% from 3Q 2023). Net income: ₱9.95m (up 48% from 3Q 2023). Profit margin: 3.7% (up from 2.5% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Oct 29
Vice Chairman of the Board recently bought ₱148k worth of stock On the 24th of October, Necisto Sytengco bought around 40k shares on-market at roughly ₱3.70 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱11m worth in shares. New Risk • Oct 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱5.70b (US$98.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (₱5.70b market cap, or US$98.1m). Reported Earnings • Aug 11
Second quarter 2024 earnings released: ₱0.001 loss per share (vs ₱0.004 profit in 2Q 2023) Second quarter 2024 results: ₱0.001 loss per share (down from ₱0.004 profit in 2Q 2023). Revenue: ₱277.7m (up 12% from 2Q 2023). Net loss: ₱2.01m (down 131% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Ankündigung • Jun 08
SBS Philippines Corporation Announces Changes in Board Committees SBS Philippines Corporation at the Board of Directors held after the stockholders' meeting on June 05, 2024 the following were appointed as members of the various committees: Related Party Transactions Committee: Chairman - Roberto F. Anonas, Jr.; Member - Helen T. De Guzman; Member - Geocel D. Olanday. Other committees are: Executive Committee: Chairman - Gerry D. Tan; Member - Esmeraldo A. Tepace; Member - Aylene Y. Sytengco; Member - Necisto Y. Sytengco II; Member - Lali Y. Sytengco; Audit and Risk Oversight Committee: Chairman - Helen T. De Guzman; Member - Roberto F. Anonas, Jr.; Member - Geocel D. Olanday. Corporate Governance Committee: Chairman - Geocel D. Olanday; Member - Roberto F. Anonas, Jr.; Member - Helen T. De Guzman; Member - Necisto Y. Sytengco II; Member - Esmeraldo A. Tepace; Nomination and Remuneration Committee: Chairman - Ricardo Nicanor N. Jacinto; Member - Necisto Y. Sytengco II; Member - Aylene Y. Sytengco; Member - Geocel D. Olanday; Finance and Investment Committee: Chairman - Aylene Y. Sytengco; Member - Necisto Y. Sytengco II - Member Gerry D. Tan; Member - Roberto F. Anonas, Jr.; Member - Geocel D. Olanday. Ankündigung • May 26
SBS Philippines Corporation Approves the Declaration of Cash Dividend, 2024. Payable on June 21,2024 SBS Philippines Corporation approved the declaration of cash dividend equivalent to PHP 0.0055 per common share for a total of approximately PHP 8,525,000.00 to stockholders of record as of June 07, 2024. Payment date has been set to June 21, 2024. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: ₱0.008 (vs ₱0.008 in 1Q 2023) First quarter 2024 results: EPS: ₱0.008 (in line with 1Q 2023). Revenue: ₱285.7m (up 9.0% from 1Q 2023). Net income: ₱12.6m (down 2.0% from 1Q 2023). Profit margin: 4.4% (down from 4.9% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 26
Vice Chairman of the Board recently bought ₱904k worth of stock On the 21st of March, Necisto Sytengco bought around 226k shares on-market at roughly ₱4.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱25m worth in shares. Reported Earnings • Feb 29
Full year 2023 earnings released: EPS: ₱0.03 (vs ₱0.079 in FY 2022) Full year 2023 results: EPS: ₱0.03 (down from ₱0.079 in FY 2022). Revenue: ₱1.03b (down 13% from FY 2022). Net income: ₱46.3m (down 62% from FY 2022). Profit margin: 4.5% (down from 10% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 27
SBS Philippines Corporation, Annual General Meeting, Jun 05, 2024 SBS Philippines Corporation, Annual General Meeting, Jun 05, 2024, at 15:00 Singapore Standard Time. Agenda: To consider the approval of the minutes of the previous Annual Stockholders' Meeting; to consider presentation of the 2023 Annual Report of the management to the stockholders and approval of the 2023 Audited Consolidated Financial Statements of the Company and its subsidiary; to consider the ratification of all acts and resolutions of the Board of Directors and Management since the last meeting of the stockholders; to consider the appointment of independent auditors; to consider Election of directors; and to consider other matters. Recent Insider Transactions • Nov 28
Vice Chairman of the Board recently bought ₱2.7m worth of stock On the 22nd of November, Necisto Sytengco bought around 700k shares on-market at roughly ₱3.82 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱18m worth in shares. Reported Earnings • Nov 10
Third quarter 2023 earnings released: EPS: ₱0.004 (vs ₱0.017 in 3Q 2022) Third quarter 2023 results: EPS: ₱0.004 (down from ₱0.017 in 3Q 2022). Revenue: ₱266.6m (down 14% from 3Q 2022). Net income: ₱6.72m (down 74% from 3Q 2022). Profit margin: 2.5% (down from 8.4% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: ₱0.004 (vs ₱0.025 in 2Q 2022) Second quarter 2023 results: EPS: ₱0.004 (down from ₱0.025 in 2Q 2022). Revenue: ₱249.2m (down 22% from 2Q 2022). Net income: ₱6.45m (down 83% from 2Q 2022). Profit margin: 2.6% (down from 12% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Recent Insider Transactions • Jul 20
Vice Chairman of the Board recently bought ₱15m worth of stock On the 17th of July, Necisto Sytengco bought around 4m shares on-market at roughly ₱3.83 per share. This transaction amounted to 21% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱16m worth in shares. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: ₱0.008 (vs ₱0.02 in 1Q 2022) First quarter 2023 results: EPS: ₱0.008 (down from ₱0.02 in 1Q 2022). Revenue: ₱262.1m (down 9.2% from 1Q 2022). Net income: ₱12.9m (down 59% from 1Q 2022). Profit margin: 4.9% (down from 11% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year. Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: ₱0.079 (vs ₱0.13 in FY 2021) Full year 2022 results: EPS: ₱0.079 (down from ₱0.13 in FY 2021). Revenue: ₱1.19b (up 45% from FY 2021). Net income: ₱122.2m (down 38% from FY 2021). Profit margin: 10% (down from 24% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improved over the past week After last week's 15% share price gain to ₱4.50, the stock trades at a trailing P/E ratio of 62.2x. Average trailing P/E is 11x in the Trade Distributors industry in Asia. Total loss to shareholders of 51% over the past three years. Recent Insider Transactions • Jan 10
Vice Chairman of the Board recently bought ₱464k worth of stock On the 4th of January, Necisto Sytengco bought around 121k shares on-market at roughly ₱3.84 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱4.3m worth in shares. Recent Insider Transactions • Jan 05
Vice Chairman of the Board recently bought ₱222k worth of stock On the 29th of December, Necisto Sytengco bought around 60k shares on-market at roughly ₱3.71 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱383k. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱4.6m worth in shares. Recent Insider Transactions • Dec 02
Vice Chairman of the Board recently bought ₱121k worth of stock On the 28th of November, Necisto Sytengco bought around 34k shares on-market at roughly ₱3.56 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱5.1m worth in shares. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: ₱0.017 (vs ₱0.001 loss in 3Q 2021) Third quarter 2022 results: EPS: ₱0.017 (up from ₱0.001 loss in 3Q 2021). Revenue: ₱310.8m (up 66% from 3Q 2021). Net income: ₱26.1m (up ₱27.2m from 3Q 2021). Profit margin: 8.4% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Helen De Guzman was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Recent Insider Transactions • Sep 13
Vice Chairman of the Board recently bought ₱72k worth of stock On the 8th of September, Necisto Sytengco bought around 20k shares on-market at roughly ₱3.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱16m worth in shares. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: ₱0.025 (vs ₱0.12 in 2Q 2021) Second quarter 2022 results: EPS: ₱0.025 (down from ₱0.12 in 2Q 2021). Revenue: ₱318.1m (up 39% from 2Q 2021). Net income: ₱38.3m (down 80% from 2Q 2021). Profit margin: 12% (down from 84% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 07
Upcoming dividend of ₱0.025 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 02 August 2022. Payout ratio is a comfortable 16% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Filipino dividend payers (4.9%). Lower than average of industry peers (3.8%). Ankündigung • Jun 23
SBS Philippines Corporation Approves to Issue Cash Dividends, Payable on August 2, 2022 SBS Philippines Corporation announced that the Board of Directors approved to issue cash dividends amounting to PHP 0.025 to all shareholders of record as of July 19, 2022 with payment date of August 2, 2022. Recent Insider Transactions • May 27
Vice Chairman of the Board recently bought ₱156k worth of stock On the 24th of May, Necisto Sytengco bought around 40k shares on-market at roughly ₱3.91 per share. In the last 3 months, they made an even bigger purchase worth ₱380k. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱38m worth in shares. Reported Earnings • May 10
First quarter 2022 earnings released: EPS: ₱0.02 (vs ₱0.007 loss in 1Q 2021) First quarter 2022 results: EPS: ₱0.02 (up from ₱0.007 loss in 1Q 2021). Revenue: ₱288.7m (up 66% from 1Q 2021). Net income: ₱31.0m (up ₱42.4m from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Helen De Guzman was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 20
Full year 2021 earnings released: EPS: ₱0.12 (vs ₱0.47 in FY 2020) Full year 2021 results: EPS: ₱0.12 (down from ₱0.47 in FY 2020). Revenue: ₱818.9m (down 14% from FY 2020). Net income: ₱196.9m (down 73% from FY 2020). Profit margin: 24% (down from 76% in FY 2020). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Feb 24
Vice Chairman of the Board recently bought ₱609k worth of stock On the 21st of February, Necisto Sytengco bought around 150k shares on-market at roughly ₱4.06 per share. In the last 3 months, they made an even bigger purchase worth ₱790k. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱36m worth in shares. Recent Insider Transactions • Jan 21
Investor Relations Officer recently bought ₱79k worth of stock On the 18th of January, Sabrina Poon-Sytengco bought around 20k shares on-market at roughly ₱3.95 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱3.2m. Insiders have collectively bought ₱43m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 11
Vice Chairman of the Board recently bought ₱790k worth of stock On the 6th of January, Necisto Sytengco bought around 200k shares on-market at roughly ₱3.95 per share. In the last 3 months, they made an even bigger purchase worth ₱3.2m. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱45m worth in shares. Recent Insider Transactions • Jan 05
Vice Chairman of the Board recently bought ₱575k worth of stock On the 29th of December, Necisto Sytengco bought around 145k shares on-market at roughly ₱3.97 per share. In the last 3 months, they made an even bigger purchase worth ₱3.2m. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱46m worth in shares. Recent Insider Transactions • Dec 29
Vice Chairman of the Board recently bought ₱488k worth of stock On the 23rd of December, Necisto Sytengco bought around 123k shares on-market at roughly ₱3.97 per share. In the last 3 months, they made an even bigger purchase worth ₱3.2m. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱45m worth in shares. Recent Insider Transactions • Nov 20
Vice Chairman of the Board recently bought ₱1.7m worth of stock On the 17th of November, Necisto Sytengco bought around 430k shares on-market at roughly ₱4.03 per share. This was the largest purchase by an insider in the last 3 months. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱42m worth in shares. Reported Earnings • Nov 12
Third quarter 2021 earnings released: ₱0.001 loss per share (vs ₱0.006 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₱187.1m (down 30% from 3Q 2020). Net loss: ₱1.14m (down 113% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Oct 19
Vice Chairman of the Board recently bought ₱425k worth of stock On the 13th of October, Necisto Sytengco bought around 100k shares on-market at roughly ₱4.25 per share. In the last 3 months, they made an even bigger purchase worth ₱2.2m. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱38m worth in shares. Recent Insider Transactions • Sep 22
Vice Chairman of the Board recently bought ₱425k worth of stock On the 17th of September, Necisto Sytengco bought around 100k shares on-market at roughly ₱4.25 per share. In the last 3 months, they made an even bigger purchase worth ₱24m. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱63m worth in shares. Recent Insider Transactions • Sep 07
Vice Chairman of the Board recently bought ₱210k worth of stock On the 2nd of September, Necisto Sytengco bought around 50k shares on-market at roughly ₱4.20 per share. In the last 3 months, they made an even bigger purchase worth ₱4.4m. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱38m worth in shares. Recent Insider Transactions • Aug 27
Vice Chairman of the Board recently bought ₱207k worth of stock On the 24th of August, Necisto Sytengco bought around 50k shares on-market at roughly ₱4.15 per share. In the last 3 months, they made an even bigger purchase worth ₱4.4m. Necisto has been a buyer over the last 12 months, purchasing a net total of ₱37m worth in shares. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS ₱0.12 (vs ₱0.008 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₱228.3m (down 8.0% from 2Q 2020). Net income: ₱192.7m (up ₱205.2m from 2Q 2020). Profit margin: 84% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 12
Upcoming dividend of ₱0.022 per share Eligible shareholders must have bought the stock before 19 July 2021. Payment date: 05 August 2021. Trailing yield: 0.5%. Lower than top quartile of Filipino dividend payers (4.0%). Lower than average of industry peers (3.2%). Recent Insider Transactions • Jul 06
Investor Relations Officer recently bought ₱337k worth of stock On the 1st of July, Sabrina Poon-Sytengco bought around 80k shares on-market at roughly ₱4.21 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱32m more in shares than they have sold in the last 12 months. Ankündigung • Jun 18
Royal Cargo, Inc. completed the acquisition of 65% stake in Lence Holdings Corp. from SBS Philippines Corporation (PSE:SBS). Royal Cargo, Inc. signed Contract to acquire 65% stake in Lence Holdings Corp. from SBS Philippines Corporation (PSE:SBS) for approximately PHP 590 million on June 2, 2021. Under the terms, Royal Cargo, Inc. will acquire 89,055,000 shares representing 65% stake at a price per share of PHP 6.569. The consideration amount is paybable on or before June 14, 2021. The transaction is approved by the board of SBS Philippines Corporation. Completion of due diligence review and performance of pre-closing undertakings including the signing of the execution documents.
Royal Cargo, Inc. completed the acquisition of 65% stake in Lence Holdings Corp. from SBS Philippines Corporation (PSE:SBS) on June 17, 2021. Under the revised terms, Royal Cargo, Inc. will acquire 89,055,000 shares representing 65% stake at a price per share of PHP 6.6113. Ankündigung • Jun 03
Royal Cargo, Inc. signed Contract to acquire 65% stake in Lence Holdings Corp. from SBS Philippines Corporation (PSE:SBS) for approximately PHP 590 million. Royal Cargo, Inc. signed Contract to acquire 65% stake in Lence Holdings Corp. from SBS Philippines Corporation (PSE:SBS) for approximately PHP 590 million on June 2, 2021. Under the terms, Royal Cargo, Inc. will acquire 89,055,000 shares representing 65% stake at a price per share of PHP 6.569. The consideration amount is paybable on or before June 14, 2021. The transaction is approved by the board of SBS Philippines Corporation. Completion of due diligence review and performance of pre-closing undertakings including the signing of the execution documents. Reported Earnings • May 12
First quarter 2021 earnings released: ₱0.01 loss per share (vs ₱0.007 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: ₱174.1m (down 39% from 1Q 2020). Net loss: ₱11.5m (down 200% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 18
New 90-day low: ₱4.55 The company is down 6.0% from its price of ₱4.85 on 20 November 2020. The Filipino market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 16% over the same period. Recent Insider Transactions • Jan 12
Investor Relations Officer recently bought ₱523k worth of stock On the 7th of January, Sabrina Poon-Sytengco bought around 100k shares on-market at roughly ₱5.23 per share. In the last 3 months, they made an even bigger purchase worth ₱3.7m. Insiders have collectively bought ₱15m more in shares than they have sold in the last 12 months. Is New 90 Day High Low • Dec 09
New 90-day high: ₱5.37 The company is up 25% from its price of ₱4.30 on 11 September 2020. The Filipino market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 4.0% over the same period. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS ₱0.006 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₱267.4m (down 25% from 3Q 2019). Net income: ₱9.00m (down 69% from 3Q 2019). Profit margin: 3.4% (down from 8.0% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Sep 24
New 90-day low: ₱4.01 The company is down 17% from its price of ₱4.81 on 25 June 2020. The Filipino market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Trade Distributors industry, which is up 10.0% over the same period. Ankündigung • Sep 18
SBS Philippines Corporation Announces Management Changes SBS Philippines Corporation at its Organizational Meeting held on September 17, 2020, approved the management changes. The corporation appointed Aileen Lou G. Codamon as AVP- Controller and re-designated Ricardo Nicanor N. Jacinto, Vice Chairman to Chairman of the Board; Aylene Y. Sytengco, Compliance Officer, CFO and Treasurer to Vice Chairman, CFO & Treasurer; Necisto Y. Sytengco,II, SVP Marketing Operations & Asst. Treasurer to Vice Chaiman,
SVP Marketing Operations & Asst. Treasurer; Jose Fidel R. Acuña, Corporate Information Officer to Corporate Information Officer & Compliance Officer; and Lali Y. Sytengco, VIce President for Purchasing to Vice President for Supply Chain. These changes are effective from September 17, 2020.