Philippine Racing Club Management

Management criteria checks 2/4

Philippine Racing Club's CEO is Simeon Cua, appointed in Jun 2012, has a tenure of 12.42 years. directly owns 0% of the company’s shares, worth ₱533.05. The average tenure of the management team and the board of directors is 10.3 years and 13.1 years respectively.

Key information

Simeon Cua

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	12.4yrs
CEO ownership	0.00002%
Management average tenure	10.3yrs
Board average tenure	13.1yrs

Recent management updates

Recent updates

CEO

Simeon Cua (67 yo)

12.4yrs

Tenure

Mr. Simeon S. Cua has been the Chief Executive Officer and President of Philippine Racing Club Inc. since June 18, 2012. He was Independent Director at AREIT, Inc since April 4, 2019 until December 3, 2021...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Simeon Cua	President	12.4yrs	no data	0.000020% ₱ 533.0
Allan Abesamis	Executive VP & CFO	27yrs	no data	0.13% ₱ 3.6m
Santiago Cualoping	Executive VP & COO	9.4yrs	no data	0.030% ₱ 798.0k
Maria Cecilia Lopez	Senior Accountant	no data	no data	no data
Glenn Macavinta	Senior VP & Compliance Officer	7.4yrs	no data	no data
Sean Lester Cualoping	VP of Legal & Corporate Planning	5.8yrs	no data	5.14% ₱ 137.1m
Ramon Ereneta	Treasurer & Director	no data	no data	0.34% ₱ 9.0m
Rene Tale	Corporate Secretary	11.4yrs	no data	no data
Sheryl Lizette Cua	Treasurer	10.3yrs	no data	5.75% ₱ 153.1m

10.3yrs

Average Tenure

62yo

Average Age

Experienced Management: PRC's management team is seasoned and experienced (10.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Simeon Cua	President	12.8yrs	no data	0.000020% ₱ 533.0
Ramon Ereneta	Treasurer & Director	12.4yrs	no data	0.34% ₱ 9.0m
Santiago Cua	Chairman	30.8yrs	no data	0.80% ₱ 21.3m
Eusebio Tanco	Non-Executive Director	13.4yrs	no data	5.28% ₱ 140.6m
Exequiel Robles	Vice Chairman	30.8yrs	no data	0.10% ₱ 2.7m
Solomon Cua	Vice Chairman	23.8yrs	no data	5.58% ₱ 148.8m
Michael Uy	Independent Director	3.4yrs	no data	0.000020% ₱ 533.0
Alfred Corpus	Independent Director	1.4yrs	no data	0.000020% ₱ 533.0

13.1yrs

Average Tenure

70yo

Average Age

Experienced Board: PRC's board of directors are seasoned and experienced ( 13.1 years average tenure).

Philippine Racing Club Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Less than half of directors are independent

Recent updates

Third quarter 2024 earnings released: ₱0.069 loss per share (vs ₱0.39 profit in 3Q 2023)

Less than half of directors are independent

New major risk - Revenue size

Third quarter 2024 earnings released: ₱0.069 loss per share (vs ₱0.39 profit in 3Q 2023)

Upcoming dividend of ₱0.08 per share

Philippine Racing Board Approves Cash Dividend Payable on 21 November 2024

Investor sentiment improves as stock rises 31%

New minor risk - Dividend sustainability

Second quarter 2024 earnings released: ₱0.061 loss per share (vs ₱0.028 profit in 2Q 2023)

Investor sentiment deteriorates as stock falls 30%

Investor sentiment improves as stock rises 53%

New minor risk - Earnings quality

Investor sentiment deteriorates as stock falls 30%

Full year 2023 earnings released: EPS: ₱0.57 (vs ₱0.25 in FY 2022)

Less than half of directors are independent

Investor sentiment improves as stock rises 24%

Investor sentiment deteriorates as stock falls 29%

Investor sentiment improves as stock rises 20%

Investor sentiment deteriorates as stock falls 25%

Investor sentiment deteriorates as stock falls 28%

New minor risk - Earnings quality

Third quarter 2023 earnings released: EPS: ₱0.39 (vs ₱0.053 loss in 3Q 2022)

Second quarter 2023 earnings released: EPS: ₱0.028 (vs ₱0.093 loss in 2Q 2022)

Investor sentiment deteriorates as stock falls 30%

Investor sentiment improves as stock rises 16%

Investor sentiment improves as stock rises 32%

New minor risk - Shareholder dilution

Investor sentiment deteriorates as stock falls 29%

Full year 2022 earnings released: EPS: ₱0.25 (vs ₱0.49 in FY 2021)

Investor sentiment improves as stock rises 26%

Upcoming dividend of ₱0.08 per share at 1.4% yield

Investor sentiment deteriorates as stock falls 21%

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Less than half of directors are independent

Second quarter 2022 earnings released: ₱0.093 loss per share (vs ₱0.14 profit in 2Q 2021)

Less than half of directors are independent

Philippine Racing Club, Inc. Decides to Separate Its Horseracing Business

Philippine Racing Club, Inc. Approves Cash Dividend on the Outstanding Common Shares, Payable on 31 May 2022

Investor sentiment improved over the past week

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: EPS ₱0.14 (vs ₱0.14 loss in 2Q 2020)

Full year 2020 earnings released: EPS ₱0.25 (vs ₱0.62 in FY 2019)

Upcoming dividend of ₱0.08 per share

New 90-day low: ₱6.24

New 90-day low: ₱6.64

Third quarter 2020 earnings released: ₱0.07 loss per share

New 90-day low: ₱6.65

New 90-day low: ₱7.38

First half earnings released

CEO

Tenure

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age