New Risk • May 18
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₱4.2m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (2.6% net profit margin). Significant insider selling over the past 3 months (₱4.2m sold). Revenue is less than US$5m (₱108m revenue, or US$1.8m). Market cap is less than US$100m (₱2.48b market cap, or US$40.2m). Recent Insider Transactions • May 17
COO, Chief Audit Executive recently sold ₱3.7m worth of stock On the 13th of May, Catherine Ong sold around 10m shares on-market at roughly ₱0.37 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Catherine's only on-market trade for the last 12 months. Declared Dividend • May 09
Dividend reduced to ₱0.0015 Dividend of ₱0.0015 is 67% lower than last year. Ex-date: 28th May 2026 Payment date: 18th June 2026 Dividend yield will be 0.4%, which is lower than the industry average of 2.6%. Payout Ratios Payout ratio: 59%. Cash payout ratio: 18%. Aankondiging • May 08
CTS Global Equity Group, Inc. announces Annual dividend, payable on June 18, 2026 CTS Global Equity Group, Inc. announced Annual dividend of PHP 0.0001 per share payable on June 18, 2026, ex-date on May 28, 2026 and record date on May 29, 2026. Recent Insider Transactions • May 01
Insider recently sold ₱190k worth of stock On the 27th of April, Juan Aquino sold around 500k shares on-market at roughly ₱0.38 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₱366k. Insiders have been net sellers, collectively disposing of ₱6.7m more than they bought in the last 12 months. Recent Insider Transactions • Mar 19
Head of External Relations recently sold ₱366k worth of stock On the 13th of March, Bryan Gomez sold around 1m shares on-market at roughly ₱0.37 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱6.8m more than they bought in the last 12 months. Recent Insider Transactions • Feb 06
Chairman & Founder recently bought ₱107k worth of stock On the 30th of January, Edward Lee bought around 270k shares on-market at roughly ₱0.40 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. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱14m. Recent Insider Transactions • Jan 28
Head of External Relations recently sold ₱224k worth of stock On the 21st of January, Bryan Gomez sold around 590k shares on-market at roughly ₱0.38 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱6.1m more than they bought in the last 12 months. Aankondiging • Jan 06
CTS Global Equity Group, Inc. Announces Executive and Committee Changes, Effective January 10, 2026 CTS Global Equity Group, Inc. at its Board Meeting held on January 5, 2026, where the following resolutions were approved: Acceptance of the resignation of Atty. Sharon T. Lim as Corporate Secretary/Member of the Nomination Committee effective January 10, 2026. Acceptance of the resignation of Atty. Stephanie B. Reyes as Assistant Corporate Secretary effective January 10, 2026. Appointment of Michelle Angeline N. Yu (Director) as Member of the Nomination Committee effective January 10, 2026. Appointment of Atty. Ann Margaret Lorenzo as Corporate Secretary effective January 10, 2026. Atty. Lorenzo is a partner at Tan Venturanza Valdez where she specializes in securities law, special projects, and banking. She obtained her Bachelor of Arts degree in English Studies (cum laude) and Juris Doctor degree from the University of the Philippines in 2010 and 2014, respectively. She was admitted to the Philippine bar in April 2015. She is concurrently the Corporate Secretary/Assistant Corporate Secretary of the following publicly-listed/reporting companies: Asia United Bank Corporation, Crown Asia Chemicals Corporation, Pacific Online Systems Corporation, Repower Energy Development Corporation, Tagaytay Highlands International Golf Club, Inc., Tagaytay Midlands Golf Club, Inc., The Country Club at Tagaytay Highlands, Inc., and The Spa and Lodge at Tagaytay Highlands, Inc. Appointment of Juan Carlos G. Aquino as Assistant Corporate Secretary effective January 10, 2026. Mr. Aquino is a Bachelor of Science in Management Engineering minor in Finance graduate from the Ateneo de Manila University in 2004. After graduating, he joined CTS Global Equity Group, Inc. as a Financial Analyst and is currently the Associated Person since 2015, and Chief Compliance Officer of CTS. Recent Insider Transactions • Dec 03
Chairman & Founder recently bought ₱80k worth of stock On the 1st of December, Edward Lee bought around 200k shares on-market at roughly ₱0.40 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 ₱239k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱2.4m. Reported Earnings • Nov 16
Third quarter 2025 earnings released: EPS: ₱0.003 (vs ₱0.001 in 3Q 2024) Third quarter 2025 results: EPS: ₱0.003 (up from ₱0.001 in 3Q 2024). Revenue: ₱46.4m (up 1.9% from 3Q 2024). Net income: ₱19.2m (up 194% from 3Q 2024). Profit margin: 41% (up from 14% in 3Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 23% per year, which means it is performing significantly worse than earnings. New Risk • Nov 16
New major risk - Revenue and earnings growth Earnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (17% net profit margin). Revenue is less than US$5m (₱132m revenue, or US$2.2m). Market cap is less than US$100m (₱2.68b market cap, or US$45.4m). Recent Insider Transactions • Oct 25
Chairman & Founder recently bought ₱122k worth of stock On the 17th of October, Edward Lee bought around 300k shares on-market at roughly ₱0.41 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 ₱449k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱2.4m. Recent Insider Transactions • Oct 14
Chairman & Founder recently bought ₱239k worth of stock On the 8th of October, Edward Lee bought around 600k shares on-market at roughly ₱0.40 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 ₱449k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱2.6m. Recent Insider Transactions • Sep 27
Chairman & Founder recently bought ₱104k worth of stock On the 23rd of September, Edward Lee bought around 250k shares on-market at roughly ₱0.42 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 ₱449k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱2.7m. Recent Insider Transactions • Sep 10
Chairman & Founder recently bought ₱449k worth of stock On the 3rd of September, Edward Lee bought around 1m shares on-market at roughly ₱0.41 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 ₱1.1m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱2.8m. Reported Earnings • Aug 17
Second quarter 2025 earnings released: ₱0.001 loss per share (vs ₱0.005 profit in 2Q 2024) Second quarter 2025 results: ₱0.001 loss per share (down from ₱0.005 profit in 2Q 2024). Revenue: ₱25.1m (down 43% from 2Q 2024). Net loss: ₱5.54m (down 117% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 28% per year, which means it is performing significantly worse than earnings. New Risk • Jul 14
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 7.6% 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: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Significant insider selling over the past 3 months (₱19m sold). Revenue is less than US$5m (₱150m revenue, or US$2.7m). Market cap is less than US$100m (₱2.99b market cap, or US$52.8m). Recent Insider Transactions • Jul 10
Chairman & Founder recently bought ₱70k worth of stock On the 3rd of July, Edward Lee bought around 160k shares on-market at roughly ₱0.44 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 ₱1.1m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱4.2m. Recent Insider Transactions • Jul 03
Chairman & Founder recently bought ₱344k worth of stock On the 25th of June, Edward Lee bought around 740k shares on-market at roughly ₱0.47 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 ₱1.1m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱3.9m. Recent Insider Transactions • Jun 25
Chairman & Founder recently bought ₱444k worth of stock On the 20th of June, Edward Lee bought around 990k shares on-market at roughly ₱0.45 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 ₱1.1m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱4.0m. Recent Insider Transactions • Jun 18
Chairman & Founder recently bought ₱1.1m worth of stock On the 13th of June, Edward Lee bought around 3m shares on-market at roughly ₱0.44 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. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱4.4m. Recent Insider Transactions • Jun 10
Chairman & Founder recently bought ₱258k worth of stock On the 4th of June, Edward Lee bought around 600k shares on-market at roughly ₱0.43 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, there was an even bigger purchase from another insider worth ₱1m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱4.9m. New Risk • May 22
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: ₱18m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Significant insider selling over the past 3 months (₱18m sold). Revenue is less than US$5m (₱150m revenue, or US$2.7m). Market cap is less than US$100m (₱3.30b market cap, or US$59.3m). Recent Insider Transactions • May 22
Chairman & Founder recently sold ₱18m worth of stock On the 19th of May, Edward Lee sold around 37m shares on-market at roughly ₱0.49 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Edward has been a net seller over the last 12 months, reducing personal holdings by ₱5.4m. Declared Dividend • May 12
Dividend of ₱0.0044 announced Shareholders will receive a dividend of ₱0.0044. Ex-date: 27th May 2025 Payment date: 18th June 2025 Dividend yield will be 0.9%, which is lower than the industry average of 2.6%. Reported Earnings • May 10
First quarter 2025 earnings released: EPS: ₱0.001 (vs ₱0.003 in 1Q 2024) First quarter 2025 results: EPS: ₱0.001 (down from ₱0.003 in 1Q 2024). Revenue: ₱32.9m (down 27% from 1Q 2024). Net income: ₱6.72m (down 72% from 1Q 2024). Profit margin: 20% (down from 53% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Recent Insider Transactions • May 09
Chairman & Founder recently bought ₱51k worth of stock On the 2nd of May, Edward Lee bought around 100k shares on-market at roughly ₱0.51 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 ₱117k. Edward has been a buyer over the last 12 months, purchasing a net total of ₱13m worth in shares. Reported Earnings • Apr 11
Full year 2024 earnings released: EPS: ₱0.009 (vs ₱0.003 in FY 2023) Full year 2024 results: EPS: ₱0.009 (up from ₱0.003 in FY 2023). Revenue: ₱162.5m (up 57% from FY 2023). Net income: ₱64.5m (up 181% from FY 2023). Profit margin: 40% (up from 22% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Jan 01
Chairman & Founder recently bought ₱2.2m worth of stock On the 23rd of December, Edward Lee bought around 4m shares on-market at roughly ₱0.59 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. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱19m. Recent Insider Transactions • Dec 21
Chairman & Founder recently bought ₱1.3m worth of stock On the 19th of December, Edward Lee bought around 2m shares on-market at roughly ₱0.60 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. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱21m. Aankondiging • Nov 22
CTS Global Equity Group, Inc., Annual General Meeting, May 09, 2025 CTS Global Equity Group, Inc., Annual General Meeting, May 09, 2025, at 14:00 W. Australia Standard Time. Location: livestream (link to be provided), Philippines Reported Earnings • Nov 20
Third quarter 2024 earnings released: EPS: ₱0.001 (vs ₱0.003 in 3Q 2023) Third quarter 2024 results: EPS: ₱0.001 (down from ₱0.003 in 3Q 2023). Revenue: ₱45.6m (up 79% from 3Q 2023). Net income: ₱6.52m (down 63% from 3Q 2023). Profit margin: 14% (down from 69% in 3Q 2023). The decrease in margin was driven by higher expenses. Aankondiging • Nov 15
CTS Global Equity Group, Inc. Announces Resignation of Atty. Steffi Nicole P. Flores as Assistant Corporate Secretary CTS Global Equity Group, Inc. at its board meeting held on November 15, 2024, approved the resignation of Atty. Steffi Nicole P. Flores as Assistant Corporate Secretary. Recent Insider Transactions • Nov 13
Head of External Relations recently sold ₱372k worth of stock On the 7th of November, Bryan Gomez sold around 537k shares on-market at roughly ₱0.69 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱7.0m more than they bought in the last 12 months. Recent Insider Transactions • Oct 15
Chairman & Founder recently bought ₱111k worth of stock On the 8th of October, Edward Lee bought around 152k shares on-market at roughly ₱0.73 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, there was an even bigger purchase from another insider worth ₱2.8m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱22m. New Risk • Sep 19
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 7.4% 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: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Revenue is less than US$5m (₱159m revenue, or US$2.8m). Market cap is less than US$100m (₱4.95b market cap, or US$88.9m). Reported Earnings • Aug 20
Second quarter 2024 earnings released: EPS: ₱0.005 (vs ₱0.001 in 2Q 2023) Second quarter 2024 results: EPS: ₱0.005 (up from ₱0.001 in 2Q 2023). Revenue: ₱43.9m (up 228% from 2Q 2023). Net income: ₱32.8m (up 428% from 2Q 2023). Profit margin: 75% (up from 46% in 2Q 2023). The increase in margin was driven by higher revenue. Recent Insider Transactions • Jul 14
Chairman & Founder recently bought ₱386k worth of stock On the 10th of July, Edward Lee bought around 632k shares on-market at roughly ₱0.61 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, there was an even bigger purchase from another insider worth ₱1.4m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱20m. Recent Insider Transactions • Jun 20
Chairman & Founder recently bought ₱625k worth of stock On the 18th of June, Edward Lee bought around 1m shares on-market at roughly ₱0.61 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, there was an even bigger purchase from another insider worth ₱1.4m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱20m. Recent Insider Transactions • May 15
Insider recently bought ₱1.4m worth of stock On the 7th of May, Lorena Velarde bought around 2m shares on-market at roughly ₱0.68 per share. This transaction amounted to 95% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold ₱102m more in shares than they bought in the last 12 months. Declared Dividend • May 12
Dividend of ₱0.0026 announced Shareholders will receive a dividend of ₱0.0026. Ex-date: 29th May 2024 Payment date: 19th June 2024 Dividend yield will be 0.4%, which is lower than the industry average of 2.6%. Recent Insider Transactions • May 09
Chairman & Founder recently bought ₱323k worth of stock On the 2nd of May, Edward Lee bought around 468k shares on-market at roughly ₱0.69 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 ₱438k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱28m. Recent Insider Transactions • Apr 26
Head of Global Investments recently sold ₱586k worth of stock On the 19th of April, Leonard Louis Chua sold around 850k shares on-market at roughly ₱0.69 per share. This transaction amounted to 30% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱114m more than they bought in the last 12 months. Reported Earnings • Apr 04
Full year 2023 earnings released: EPS: ₱0.003 (vs ₱0.008 in FY 2022) Full year 2023 results: EPS: ₱0.003 (down from ₱0.008 in FY 2022). Revenue: ₱103.7m (up 18% from FY 2022). Net income: ₱23.0m (down 56% from FY 2022). Profit margin: 22% (down from 60% in FY 2022). The decrease in margin was driven by higher expenses. Recent Insider Transactions • Mar 26
Head of Proprietary Trading recently bought ₱97k worth of stock On the 20th of March, Richard Lamuel Pacheco bought around 140k shares on-market at roughly ₱0.69 per share. This transaction amounted to 7.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱438k. Despite this recent purchase, insiders have collectively sold ₱113m more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 19
Chairman recently bought ₱191k worth of stock On the 13th of March, Edward Lee bought around 265k shares on-market at roughly ₱0.72 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 ₱438k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱27m. Aankondiging • Mar 16
CTS Global Equity Group, Inc., Annual General Meeting, May 10, 2024 CTS Global Equity Group, Inc., Annual General Meeting, May 10, 2024, at 14:00 Singapore Standard Time. Recent Insider Transactions • Feb 17
Chairman recently bought ₱197k worth of stock On the 15th of February, Edward Lee bought around 263k shares on-market at roughly ₱0.75 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. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱27m. Recent Insider Transactions • Feb 09
Chairman recently bought ₱63k worth of stock On the 5th of February, Edward Lee bought around 85k shares on-market at roughly ₱0.74 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 ₱146k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱27m. Recent Insider Transactions • Jan 27
Chairman recently bought ₱146k worth of stock On the 23rd of January, Edward Lee bought around 200k shares on-market at roughly ₱0.73 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. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱27m. Recent Insider Transactions • Dec 26
Chairman recently bought ₱78k worth of stock On the 21st of December, Edward Lee bought around 103k shares on-market at roughly ₱0.75 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 ₱275k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱18m. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: ₱0.003 (vs ₱0.003 in 3Q 2022) Third quarter 2023 results: EPS: ₱0.003 (in line with 3Q 2022). Net income: ₱17.5m (down 17% from 3Q 2022). Recent Insider Transactions • Oct 27
Chairman recently bought ₱251k worth of stock On the 23rd of October, Edward Lee bought around 310k shares on-market at roughly ₱0.81 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 ₱512k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱17m. Recent Insider Transactions • Oct 10
Chairman recently bought ₱275k worth of stock On the 6th of October, Edward Lee bought around 347k shares on-market at roughly ₱0.79 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 ₱512k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱17m. Recent Insider Transactions • Sep 06
Chairman recently bought ₱388k worth of stock On the 4th of September, Edward Lee bought around 517k shares on-market at roughly ₱0.75 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, there was an even bigger purchase from another insider worth ₱676k. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱18m. New Risk • Aug 18
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.6% Last year net profit margin: 47% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (4.6% net profit margin). Significant insider selling over the past 3 months (₱174m sold). Revenue is less than US$5m (₱61m revenue, or US$1.1m). Market cap is less than US$100m (₱5.09b market cap, or US$90.2m). Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: ₱0.001 (vs ₱0.005 in 2Q 2022) Second quarter 2023 results: EPS: ₱0.001 (down from ₱0.005 in 2Q 2022). Revenue: ₱13.4m (down 42% from 2Q 2022). Net income: ₱6.21m (down 79% from 2Q 2022). Profit margin: 46% (down from 129% in 2Q 2022). Recent Insider Transactions • Aug 09
Chairman recently bought ₱512k worth of stock On the 7th of August, Edward Lee bought around 672k shares on-market at roughly ₱0.76 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, there was an even bigger purchase from another insider worth ₱41m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱18m. Recent Insider Transactions • Jul 28
Chairman recently bought ₱74k worth of stock On the 24th of July, Edward Lee bought around 100k shares on-market at roughly ₱0.74 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, there was an even bigger purchase from another insider worth ₱41m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱19m. Recent Insider Transactions • Jul 22
Chairman recently bought ₱56k worth of stock On the 17th of July, Edward Lee bought around 72k shares on-market at roughly ₱0.78 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, there was an even bigger purchase from another insider worth ₱41m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱19m. Recent Insider Transactions • Jun 20
Chairman recently bought ₱179k worth of stock On the 16th of June, Edward Lee bought around 218k shares on-market at roughly ₱0.82 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, there was an even bigger purchase from another insider worth ₱41m. Despite this recent buy, Edward has been a net seller over the last 12 months, reducing personal holdings by ₱12m. Recent Insider Transactions • Jun 14
Insider recently sold ₱1.2m worth of stock On the 8th of June, Juan Aquino sold around 2m shares on-market at roughly ₱0.82 per share. This transaction amounted to 75% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₱139m. Insiders have been net sellers, collectively disposing of ₱93m more than they bought in the last 12 months. New Risk • Jun 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱5.57b (US$99.4m) 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: Minor Risks Significant insider selling over the past 3 months (₱172m sold). Revenue is less than US$5m (₱70m revenue, or US$1.3m). Market cap is less than US$100m (₱5.57b market cap, or US$99.4m). Recent Insider Transactions • May 28
Chairman recently sold ₱33m worth of stock On the 25th of May, Edward Lee sold around 39m shares on-market at roughly ₱0.84 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Edward has been a net seller over the last 12 months, reducing personal holdings by ₱6.0m. Reported Earnings • May 16
First quarter 2023 earnings released: ₱0.001 loss per share (vs ₱0.004 profit in 1Q 2022) First quarter 2023 results: ₱0.001 loss per share (down from ₱0.004 profit in 1Q 2022). Revenue: ₱20.9m (down 46% from 1Q 2022). Net loss: ₱5.80m (down 129% from profit in 1Q 2022). Recent Insider Transactions • Apr 30
Chairman recently bought ₱131k worth of stock On the 26th of April, Edward Lee bought around 152k shares on-market at roughly ₱0.86 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 ₱791k. Edward has been a buyer over the last 12 months, purchasing a net total of ₱27m worth in shares. Recent Insider Transactions • Mar 30
Chairman recently bought ₱463k worth of stock On the 23rd of March, Edward Lee bought around 520k shares on-market at roughly ₱0.89 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 ₱7.0m. Edward has been a buyer over the last 12 months, purchasing a net total of ₱27m worth in shares. Recent Insider Transactions • Mar 19
Chairman recently bought ₱277k worth of stock On the 14th of March, Edward Lee bought around 300k shares on-market at roughly ₱0.92 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 ₱7.0m. Edward has been a buyer over the last 12 months, purchasing a net total of ₱26m worth in shares. Recent Insider Transactions • Mar 10
Chairman recently bought ₱791k worth of stock On the 6th of March, Edward Lee bought around 850k shares on-market at roughly ₱0.93 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 ₱7.0m. Edward has been a buyer over the last 12 months, purchasing a net total of ₱26m worth in shares. Recent Insider Transactions • Feb 19
Chairman recently bought ₱104k worth of stock On the 15th of February, Edward Lee bought around 110k shares on-market at roughly ₱0.94 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 ₱7.0m. Edward has been a buyer over the last 12 months, purchasing a net total of ₱25m worth in shares. Recent Insider Transactions • Feb 14
Vice Chairman & Treasurer recently bought ₱285k worth of stock On the 8th of February, Alexander Yu bought around 300k shares on-market at roughly ₱0.95 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, there was an even bigger purchase from another insider worth ₱7.0m. Alexander has been a buyer over the last 12 months, purchasing a net total of ₱6.7m worth in shares. Recent Insider Transactions • Jan 27
Head of Investments recently bought ₱755k worth of stock On the 24th of January, Terence Chan bought around 797k shares on-market at roughly ₱0.95 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth ₱7.0m. Insiders have collectively bought ₱38m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Jan 18
Chairman recently bought ₱7.0m worth of stock On the 13th of January, Edward Lee bought around 7m shares on-market at roughly ₱0.95 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. Edward has been a buyer over the last 12 months, purchasing a net total of ₱23m worth in shares. Recent Insider Transactions • Jan 11
Chairman recently bought ₱439k worth of stock On the 6th of January, Edward Lee bought around 464k shares on-market at roughly ₱0.95 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 ₱961k. Edward has been a buyer over the last 12 months, purchasing a net total of ₱16m worth in shares. Recent Insider Transactions • Dec 26
Chairman recently bought ₱183k worth of stock On the 22nd of December, Edward Lee bought around 196k shares on-market at roughly ₱0.94 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 ₱961k. Edward has been a buyer over the last 12 months, purchasing a net total of ₱16m worth in shares. Recent Insider Transactions • Dec 21
Chairman recently bought ₱99k worth of stock On the 14th of December, Edward Lee bought around 106k shares on-market at roughly ₱0.93 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 ₱961k. Edward has been a buyer over the last 12 months, purchasing a net total of ₱16m worth in shares. Recent Insider Transactions • Dec 08
Chairman recently bought ₱207k worth of stock On the 6th of December, Edward Lee bought around 220k shares on-market at roughly ₱0.94 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 ₱961k. Edward has been a buyer over the last 12 months, purchasing a net total of ₱15m worth in shares. Recent Insider Transactions • Nov 26
Chairman recently bought ₱961k worth of stock On the 24th of November, Edward Lee bought around 1m shares on-market at roughly ₱0.89 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. Edward has been a buyer over the last 12 months, purchasing a net total of ₱15m worth in shares. Board Change • Nov 16
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. 8 non-independent directors. Independent Director Emmanuel Samson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Oct 27
Vice Chairman & Treasurer recently bought ₱205k worth of stock On the 21st of October, Alexander Yu bought around 247k shares on-market at roughly ₱0.83 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 ₱3.5m. Alexander has been a buyer over the last 12 months, purchasing a net total of ₱6.3m worth in shares. Recent Insider Transactions • Sep 29
Head of Investments recently sold ₱1.4m worth of stock On the 27th of September, Terence Chan sold around 1m shares on-market at roughly ₱0.95 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₱26m more than they sold in the last 12 months. Recent Insider Transactions • Sep 13
Vice Chairman & Treasurer recently bought ₱683k worth of stock On the 9th of September, Alexander Yu bought around 647k shares on-market at roughly ₱1.06 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, there was an even bigger purchase from another insider worth ₱4.4m. Alexander has been a buyer over the last 12 months, purchasing a net total of ₱6.1m worth in shares. Recent Insider Transactions • Aug 26
Vice Chairman & Treasurer recently bought ₱1.0m worth of stock On the 24th of August, Alexander Yu bought around 1m shares on-market at roughly ₱1.03 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱4.4m. Alexander has been a buyer over the last 12 months, purchasing a net total of ₱1.9m worth in shares. Recent Insider Transactions • Jul 13
Chairman recently bought ₱1.3m worth of stock On the 11th of July, Edward Lee bought around 1m shares on-market at roughly ₱0.94 per share. In the last 3 months, they made an even bigger purchase worth ₱4.4m. Edward has been a buyer over the last 12 months, purchasing a net total of ₱14m worth in shares. Recent Insider Transactions • Jul 07
Chairman recently bought ₱4.4m worth of stock On the 1st of July, Edward Lee bought around 5m shares on-market at roughly ₱0.94 per share. This was the largest purchase by an insider in the last 3 months. Edward has been a buyer over the last 12 months, purchasing a net total of ₱12m worth in shares. Recent Insider Transactions • Jun 25
Chairman recently bought ₱1.1m worth of stock On the 23rd of June, Edward Lee bought around 1m shares on-market at roughly ₱0.89 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱93m. Edward has been a buyer over the last 12 months, purchasing a net total of ₱8.0m worth in shares. Recent Insider Transactions • May 28
Vice Chairman & Treasurer recently bought ₱137k worth of stock On the 26th of May, Alexander Yu bought around 166k shares on-market at roughly ₱0.82 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱2.1m. Alexander has been a buyer over the last 12 months, purchasing a net total of ₱162k worth in shares. Recent Insider Transactions • May 12
Director recently bought ₱480k worth of stock On the 10th of May, Raymond Yu bought around 500k shares on-market at roughly ₱0.96 per share. In the last 3 months, they made an even bigger purchase worth ₱2.1m. Insiders have collectively bought ₱3.5m more in shares than they have sold in the last 12 months. 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. 8 non-independent directors. Independent Director Emmanuel Samson was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 14
CTS Global Equity Group, Inc. has completed an IPO in the amount of PHP 1.375 billion. CTS Global Equity Group, Inc. has completed an IPO in the amount of PHP 1.375 billion.
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 412,500,000
Price\Range: PHP 1
Discount Per Security: PHP 0.0084
Security Name: Common Shares
Security Type: Common Stock
Securities Offered: 962,500,000
Price\Range: PHP 1
Discount Per Security: PHP 0.0084 