New Risk • Jun 16
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 70% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱448.2m market cap, or US$7.42m). Minor Risk Share price has been volatile over the past 3 months (9.1% average weekly change). New Risk • Jun 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱513.7m market cap, or US$8.35m). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Share price has been volatile over the past 3 months (8.1% average weekly change). Board Change • May 20
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. 9 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Director Toti Carino was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Mar 31
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 8.0% 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 Risks Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱475.8m market cap, or US$7.83m). Minor Risk Share price has been volatile over the past 3 months (8.0% average weekly change). New Risk • Jan 12
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 8.6% 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: Major Risks Earnings have declined by 69% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱486.1m market cap, or US$8.20m). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). Board Change • Jan 02
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. 9 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Director Toti Carino was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 10
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. 9 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Director Toti Carino was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Nov 06
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: Major Risks Earnings have declined by 64% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱489.5m market cap, or US$8.32m). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Board Change • Oct 16
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. 9 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Director Toti Carino was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Sep 29
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. 9 highly experienced directors. 5 independent directors (7 non-independent directors). Independent Director Toti Carino was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • May 26
Acesite (Phils.) Hotel Corporation, Annual General Meeting, Oct 09, 2025 Acesite (Phils.) Hotel Corporation, Annual General Meeting, Oct 09, 2025. Board Change • Apr 21
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. 8 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Aristeo Cruz was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 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. 8 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Aristeo Cruz was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Mar 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Filipino stocks, typically moving 14% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₱603.3m market cap, or US$10.6m). Board Change • Feb 07
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. 8 highly experienced directors. 4 independent directors (7 non-independent directors). Independent Director Aristeo Cruz was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. New Risk • Nov 06
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₱579.2m (US$9.83m) This is considered a major 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 Risks Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱579.2m market cap, or US$9.83m). Minor Risk Share price has been volatile over the past 3 months (8.6% average weekly change). New Risk • Sep 04
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: Major Risks Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱551.6m market cap, or US$9.76m). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • Aug 16
New major risk - Revenue and earnings growth Earnings have declined by 14% 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 Risks Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (₱555.0m market cap, or US$9.70m). Announcement • Jun 15
Acesite (Phils.) Hotel Corporation, Annual General Meeting, Jul 26, 2024 Acesite (Phils.) Hotel Corporation, Annual General Meeting, Jul 26, 2024, at 10:00 W. Australia Standard Time. Location: ipil room, 14th floor bayview park hotel, 1118 roxas boulevard, corner united avenue, manila Philippines Announcement • Jun 07
Acesite (Phils.) Hotel Corporation, Annual General Meeting, Aug 24, 2023 Acesite (Phils.) Hotel Corporation, Annual General Meeting, Aug 24, 2023. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Lead Independent Director Renato Francisco 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. Announcement • Oct 25
Acesite (Phils.) Hotel Corporation, Annual General Meeting, Dec 02, 2022 Acesite (Phils.) Hotel Corporation, Annual General Meeting, Dec 02, 2022, at 10:00 Singapore Standard Time. Location: Ipil Room, 14th Floor Bayview Park Hotel 1118 Roxas Boulevard, Corner United Avenue Ermita Philippines Agenda: To consider ratifications of the Acts of the Board and Management, to consider election of the Board of Directors to Serve for the Term 2022-2023, to consider appointment of External Auditor for the year 2022-2023, to consider appointment of External Counsel for the year 2022-2023; and to consider any other matters. Board Change • May 25
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 8 non-independent directors. Lead Independent Director Renato Francisco 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. Announcement • Feb 17
Acesite (Phils.) Hotel Corporation Announces Executive Changes Acesite (Phils.) Hotel Corporation announced resignation of Precilla Toriano as chief finance officer and appointment of Evangeline Soliveres as chief finance officer, effective February 16, 2022. Valuation Update With 7 Day Price Move • May 06
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₱1.58, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 23x in the Hospitality industry in Philippines. Total returns to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improved over the past week After last week's 23% share price gain to ₱2.06, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 22x in the Hospitality industry in Philippines. Total returns to shareholders of 36% over the past three years. Is New 90 Day High Low • Jan 06
New 90-day high: ₱1.60 The company is up 39% from its price of ₱1.15 on 09 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 32% over the same period. Announcement • Nov 19
Acesite (Phils.) Hotel Corporation Announces Resignation of Judge Silvestre Bello, Jr from Board Acesite (Phils.) Hotel Corporation announced that Judge Silvestre Bello, Jr. was re-elected as director at the annual meeting of stockholders on November 17, 2020. On November 18, 2020, the company received a letter from Judge Bello, Jr. dated November 17, 2020 resigning from the board of ace "effective immediately" because of his "health problem". Is New 90 Day High Low • Oct 30
New 90-day high: ₱1.39 The company is up 11% from its price of ₱1.25 on 30 July 2020. The Filipino market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 24% over the same period. Valuation Update With 7 Day Price Move • Oct 30
Market bids up stock over the past week After last week's 22% share price gain to ₱1.39, the stock is trading at a trailing P/E ratio of 4.6x, up from the previous P/E ratio of 3.7x. This compares to an average P/E of 30x in the Hospitality industry in Philippines. Total return to shareholders over the past three years is a loss of 7.3%.