Recent Insider Transactions • Jun 09
Executive VP & Head of Gaming recently sold ₱983k worth of stock On the 1st of June, Cyrus Sherafat sold around 568k shares on-market at roughly ₱1.73 per share. This transaction amounted to 3.9% 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 ₱18m more than they sold in the last 12 months. New Risk • Jun 02
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 7.5% 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 Interest payments are not well covered by earnings (0.1x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.5% average weekly change). Price Target Changed • May 23
Price target decreased by 25% to ₱2.92 Down from ₱3.90, the current price target is an average from 8 analysts. New target price is 59% above last closing price of ₱1.84. Stock is down 54% over the past year. The company is forecast to post a net loss per share of ₱0.20 next year compared to a net loss per share of ₱0.25 last year. Major Estimate Revision • May 22
Consensus revenue estimates fall by 10% The consensus outlook for revenues in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from ₱59.3b to ₱53.1b. Forecast losses increased from -₱0.197 to -₱0.20 per share. Hospitality industry in Philippines expected to see average net income growth of 17% next year. Consensus price target broadly unchanged at ₱3.88. Share price was steady at ₱1.84 over the past week. Reported Earnings • May 16
First quarter 2026 earnings released: ₱0.012 loss per share (vs ₱0.32 profit in 1Q 2025) First quarter 2026 results: ₱0.012 loss per share (down from ₱0.32 profit in 1Q 2025). Revenue: ₱13.1b (down 8.6% from 1Q 2025). Net loss: ₱128.4m (down 104% from profit in 1Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Apr 22
Executive VP & Head of Gaming recently bought ₱2.4m worth of stock On the 16th of April, Cyrus Sherafat bought around 1m shares on-market at roughly ₱2.04 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱16m more in shares than they have sold in the last 12 months. New Risk • Apr 08
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 Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change). Tillkännagivande • Mar 23
Bloomberry Resorts Corporation(PSE:BLOOM) dropped from FTSE All-World Index (USD) Bloomberry Resorts Corporation(PSE:BLOOM) dropped from FTSE All-World Index (USD) Price Target Changed • Mar 14
Price target decreased by 7.8% to ₱4.50 Down from ₱4.88, the current price target is an average from 9 analysts. New target price is 96% above last closing price of ₱2.30. Stock is down 37% over the past year. The company is forecast to post earnings per share of ₱0.36 next year compared to a net loss per share of ₱0.25 last year. Reported Earnings • Mar 10
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: ₱0.25 loss per share (down from ₱0.24 profit in FY 2024). Revenue: ₱52.3b (flat on FY 2024). Net loss: ₱2.63b (down 201% from profit in FY 2024). Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) also missed analyst estimates. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 28 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 24
Bloomberry Resorts Corporation, Annual General Meeting, Apr 16, 2026 Bloomberry Resorts Corporation, Annual General Meeting, Apr 16, 2026, at 14:00 W. Australia Standard Time. Reported Earnings • Nov 13
Third quarter 2025 earnings released: ₱0.17 loss per share (vs ₱0.041 loss in 3Q 2024) Third quarter 2025 results: ₱0.17 loss per share (further deteriorated from ₱0.041 loss in 3Q 2024). Revenue: ₱12.6b (down 7.8% from 3Q 2024). Net loss: ₱1.74b (loss widened 268% from 3Q 2024). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₱3.50, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Hospitality industry in Asia. Total loss to shareholders of 51% over the past three years. Price Target Changed • Aug 26
Price target decreased by 14% to ₱5.52 Down from ₱6.45, the current price target is an average from 9 analysts. New target price is 65% above last closing price of ₱3.34. Stock is down 57% over the past year. The company is forecast to post earnings per share of ₱0.29 for next year compared to ₱0.24 last year. Reported Earnings • Aug 14
Second quarter 2025 earnings released: ₱0.13 loss per share (vs ₱0.12 profit in 2Q 2024) Second quarter 2025 results: ₱0.13 loss per share (down from ₱0.12 profit in 2Q 2024). Revenue: ₱12.7b (up 4.1% from 2Q 2024). Net loss: ₱1.41b (down 204% from profit in 2Q 2024). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₱3.29, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 20x in the Hospitality industry in Asia. Total loss to shareholders of 51% over the past three years. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₱4.29, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 19x in the Hospitality industry in Asia. Total loss to shareholders of 27% over the past three years. Recent Insider Transactions • Jun 14
Board Member recently bought ₱4.2m worth of stock On the 5th of June, Donato Almeda bought around 830k shares on-market at roughly ₱5.11 per share. This transaction amounted to 8.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱31m more in shares than they have sold in the last 12 months. Tillkännagivande • Jun 13
Bloomberry Resorts Corporation Appoints Gregory Francis Hawkins as Director, President and Chief Operating Officer, Effective June 15, 2025 Bloomberry Resorts Corporation on June 11, 2025 appointed Mr. Gregory Francis Hawkins as Director, President and Chief Operating Officer of BLOOM. Effective date of appointment: June 15, 2025. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₱5.69, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Hospitality industry in Philippines. Total loss to shareholders of 3.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₱8.77 per share. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₱4.60, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Hospitality industry in Philippines. Total loss to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₱8.40 per share. Reported Earnings • May 16
First quarter 2025 earnings released: EPS: ₱0.32 (vs ₱0.23 in 1Q 2024) First quarter 2025 results: EPS: ₱0.32 (up from ₱0.23 in 1Q 2024). Revenue: ₱14.3b (up 15% from 1Q 2024). Net income: ₱3.32b (up 26% from 1Q 2024). Profit margin: 23% (up from 21% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Philippines. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to ₱3.40. The fair value is estimated to be ₱4.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. New Risk • Apr 28
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 12% 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 Interest payments are not well covered by earnings (1.3x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (5.0% net profit margin). Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₱3.54, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Hospitality industry in Philippines. Total loss to shareholders of 40% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₱4.27 per share. Recent Insider Transactions • Apr 11
Executive VP recently bought ₱2.9m worth of stock On the 7th of April, Estella Tuason-Occena bought around 1m shares on-market at roughly ₱2.87 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱4.0m. Estella has been a buyer over the last 12 months, purchasing a net total of ₱21m worth in shares. Price Target Changed • Apr 09
Price target decreased by 12% to ₱6.36 Down from ₱7.23, the current price target is an average from 10 analysts. New target price is 136% above last closing price of ₱2.69. Stock is down 76% over the past year. The company is forecast to post earnings per share of ₱0.44 for next year compared to ₱0.24 last year. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₱2.91, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 10x in the Hospitality industry in Philippines. Total loss to shareholders of 56% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₱4.24 per share. Buy Or Sell Opportunity • Mar 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 25% to ₱3.35. The fair value is estimated to be ₱4.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 7.3% per annum. Earnings are also forecast to grow by 29% per annum over the same time period. Major Estimate Revision • Mar 20
Consensus EPS estimates fall by 24% The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate fell from ₱0.588 to ₱0.444 per share. Revenue forecast steady at ₱61.3b. Net income forecast to grow 90% next year vs 27% growth forecast for Hospitality industry in Philippines. Consensus price target down from ₱7.42 to ₱7.03. Share price rose 3.2% to ₱3.57 over the past week. Upcoming Dividend • Mar 17
Upcoming dividend of ₱0.085 per share Eligible shareholders must have bought the stock before 24 March 2025. Payment date: 03 April 2025. The company last paid an ordinary dividend in March 2019. The average dividend yield among industry peers is 1.0%. Major Estimate Revision • Mar 15
Consensus EPS estimates fall by 11%, revenue upgraded The consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast increased from ₱60.9b to ₱61.9b. EPS estimate fell from ₱0.646 to ₱0.572 per share. Net income forecast to grow 147% next year vs 25% growth forecast for Hospitality industry in Philippines. Consensus price target down from ₱8.66 to ₱7.23. Share price rose 11% to ₱3.66 over the past week. Price Target Changed • Mar 12
Price target decreased by 14% to ₱7.42 Down from ₱8.66, the current price target is an average from 10 analysts. New target price is 118% above last closing price of ₱3.41. Stock is down 70% over the past year. The company is forecast to post earnings per share of ₱0.69 for next year compared to ₱0.24 last year. Recent Insider Transactions • Mar 07
Executive VP recently bought ₱1.6m worth of stock On the 28th of February, Estella Tuason-Occena bought around 500k shares on-market at roughly ₱3.23 per share. This transaction amounted to 4.2% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱4.4m. Estella has been a buyer over the last 12 months, purchasing a net total of ₱16m worth in shares. Price Target Changed • Feb 27
Price target decreased by 7.4% to ₱8.66 Down from ₱9.34, the current price target is an average from 9 analysts. New target price is 147% above last closing price of ₱3.50. Stock is down 69% over the past year. The company is forecast to post earnings per share of ₱0.22 for next year compared to ₱0.87 last year. Tillkännagivande • Feb 24
Bloomberry Resorts Corporation, Annual General Meeting, Apr 24, 2025 Bloomberry Resorts Corporation, Annual General Meeting, Apr 24, 2025, at 14:00 W. Australia Standard Time. New Risk • Feb 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 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 Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Profit margins are more than 30% lower than last year (9.5% net profit margin). Recent Insider Transactions • Feb 05
Executive VP recently bought ₱4.0m worth of stock On the 31st of January, Estella Tuason-Occena bought around 1m shares on-market at roughly ₱3.73 per share. This transaction amounted to 10% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth ₱4.4m. Estella has been a buyer over the last 12 months, purchasing a net total of ₱13m worth in shares. Recent Insider Transactions • Jan 23
Insider recently bought ₱798k worth of stock On the 16th of January, Silverio Benny Tan bought around 200k shares on-market at roughly ₱3.99 per share. This transaction amounted to 48% 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. Insiders have collectively bought ₱21m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₱4.07, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 18x in the Hospitality industry in Asia. Total loss to shareholders of 36% over the past three years. Price Target Changed • Jan 11
Price target decreased by 7.3% to ₱10.34 Down from ₱11.16, the current price target is an average from 9 analysts. New target price is 147% above last closing price of ₱4.19. Stock is down 58% over the past year. The company is forecast to post earnings per share of ₱0.25 for next year compared to ₱0.87 last year. Recent Insider Transactions • Jan 11
Executive VP recently bought ₱4.4m worth of stock On the 9th of January, Estella Tuason-Occena bought around 1m shares on-market at roughly ₱4.39 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Estella has been a buyer over the last 12 months, purchasing a net total of ₱8.6m worth in shares. Major Estimate Revision • Jan 10
Consensus EPS estimates fall by 62% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₱52.7b to ₱51.9b. EPS estimate also fell from ₱0.65 per share to ₱0.25 per share. Net income forecast to grow 54% next year vs 29% growth forecast for Hospitality industry in Philippines. Consensus price target down from ₱11.16 to ₱10.61. Share price fell 14% to ₱4.19 over the past week. Recent Insider Transactions • Dec 11
Insider recently bought ₱1.1m worth of stock On the 2nd of December, Silverio Benny Tan bought around 200k shares on-market at roughly ₱5.55 per share. This transaction amounted to 94% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₱16m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₱5.65, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 8x in the Hospitality industry in Philippines. Total loss to shareholders of 29% over the past three years. Price Target Changed • Nov 15
Price target decreased by 11% to ₱11.36 Down from ₱12.71, the current price target is an average from 10 analysts. New target price is 86% above last closing price of ₱6.10. Stock is down 36% over the past year. The company is forecast to post earnings per share of ₱0.66 for next year compared to ₱0.87 last year. New Risk • Nov 14
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: 9.5% Last year net profit margin: 20% 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: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Profit margins are more than 30% lower than last year (9.5% net profit margin). Significant insider selling over the past 3 months (₱71m sold). Reported Earnings • Nov 14
Third quarter 2024 earnings: EPS misses analyst expectations Third quarter 2024 results: ₱0.041 loss per share (down from ₱0.17 profit in 3Q 2023). Revenue: ₱13.7b (up 27% from 3Q 2023). Net loss: ₱472.4m (down 125% from profit in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Philippines. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. New Risk • Oct 31
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: ₱132m 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 Interest payments are not well covered by earnings (2.0x net interest cover). Minor Risk Significant insider selling over the past 3 months (₱132m sold). Major Estimate Revision • Aug 20
Consensus EPS estimates fall by 27% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₱57.5b to ₱54.1b. EPS estimate also fell from ₱0.878 per share to ₱0.642 per share. Net income forecast to grow 46% next year vs 46% growth forecast for Hospitality industry in Philippines. Consensus price target down from ₱14.13 to ₱13.24. Share price rose 2.6% to ₱7.90 over the past week. Reported Earnings • Aug 15
Second quarter 2024 earnings: EPS and revenues exceed analyst expectations Second quarter 2024 results: EPS: ₱0.12 (down from ₱0.32 in 2Q 2023). Revenue: ₱12.2b (down 2.7% from 2Q 2023). Net income: ₱1.35b (down 61% from 2Q 2023). Profit margin: 11% (down from 27% in 2Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Hospitality industry in Philippines. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Major Estimate Revision • May 30
Consensus EPS estimates increase by 25% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₱56.4b to ₱58.2b. EPS estimate increased from ₱0.683 to ₱0.854 per share. Net income forecast to grow 18% next year vs 25% growth forecast for Hospitality industry in Philippines. Consensus price target broadly unchanged at ₱14.02. Share price fell 4.1% to ₱10.40 over the past week. Major Estimate Revision • May 21
Consensus EPS estimates fall by 26% The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate fell from ₱0.928 to ₱0.683 per share. Revenue forecast steady at ₱56.4b. Net income forecast to shrink 0.02% next year vs 27% growth forecast for Hospitality industry in Philippines . Consensus price target broadly unchanged at ₱14.07. Share price rose 8.2% to ₱10.68 over the past week. Recent Insider Transactions • May 16
Executive VP & Head of Gaming recently sold ₱2.3m worth of stock On the 8th of May, Cyrus Sherafat sold around 223k shares on-market at roughly ₱10.31 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₱21m more than they bought in the last 12 months. Reported Earnings • May 15
First quarter 2024 earnings: EPS and revenues exceed analyst expectations First quarter 2024 results: EPS: ₱0.23 (down from ₱0.28 in 1Q 2023). Revenue: ₱12.4b (down 3.4% from 1Q 2023). Net income: ₱2.64b (down 11% from 1Q 2023). Profit margin: 21% (down from 23% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 7.2%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions Derivative • Apr 20
Vice Chairman exercised options to buy ₱2.6m worth of stock. On the 12th of April, Jose Eduardo Alarilla exercised options to buy 264k shares at a strike price of around ₱10.76, costing a total of ₱2.8m. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. Since June 2023, Jose Eduardo's direct individual holding has increased from 6.04m shares to 6.30m. Company insiders have collectively bought ₱125m more than they sold, via options and on-market transactions, in the last 12 months. Major Estimate Revision • Mar 11
Consensus EPS estimates fall by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from ₱59.4b to ₱57.3b. EPS estimate also fell from ₱1.01 per share to ₱0.88 per share. Net income forecast to grow 17% next year vs 38% growth forecast for Hospitality industry in Philippines. Consensus price target broadly unchanged at ₱14.65. Share price was steady at ₱11.40 over the past week. Reported Earnings • Mar 05
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: ₱0.87 (up from ₱0.48 in FY 2022). Revenue: ₱47.9b (up 23% from FY 2022). Net income: ₱9.53b (up 84% from FY 2022). Profit margin: 20% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Mar 01
Bloomberry Resorts Clarifies, Open to Possibility of Selling Stake in Jeju Sun Hotel & Casino In connection with letter to Bloomberry Resorts Corporation (PSE:BLOOM) dated February 29, 2024 seeking clarification and/or confirmation relating to the news article entitled "BIZ BUZZ: Razon's Jeju casino up for sale (again)" posted in Inquirer.net on February 29, 2024, which reported in part that: "Rumors are resurfacing that Enrique Razon Jr.'s Bloomberry Resorts Corp. is moving to sell Jeju Sun Hotel & Casino Co.,Ltd. in South Korea as gamblers return to travel. Bloomberry, after a failed attempt to sell Jeju Sun in 2016, is now focused on offloading the overseas asset to concentrate on its expansion in the Philippines. After all, the company has a busy pipeline of domestic projects with the expected opening of Solaire Resort North in Quezon City by the middle of 2024 before proceeding with the development of its sprawling property in Ternate, Cavite. . A source told Biz Buzz that Jeju Sun has been for sale for a while now but there are still no compelling offers to date. . . . ." BLOOM hereby clarifies that it is open to the possibility of selling its interest in Jeju Sun Hotel & Casino and there had been several expressions of interests and offers in the past. But there is no imminent deal with respect to the sale of Jeju Sun Hotel & Casino although there is growing interest on the property from potential buyers. Tillkännagivande • Feb 27
Bloomberry Resorts Corporation, Annual General Meeting, Apr 18, 2024 Bloomberry Resorts Corporation, Annual General Meeting, Apr 18, 2024, at 14:00 Singapore Standard Time. Agenda: To consider the approval of the minutes of the Annual Stockholders' Meeting held on 20 April 2023; to consider the report of the Chairman and CEO; to consider the approval of the audited financial statements for 2023; to consider the ratification of all acts, contracts, investments and resolutions of the board of directors and management since the last annual stockholders' meeting; to consider the election of the members of the Board of Directors. The requirements and procedure for the nomination and election of directors are set forth in item 5 of the information statement; to consider the appointment of the External Auditor; and to consider the other matters. Reported Earnings • Nov 08
Third quarter 2023 earnings: EPS and revenues miss analyst expectations Third quarter 2023 results: EPS: ₱0.17 (up from ₱0.14 in 3Q 2022). Revenue: ₱10.7b (up 6.7% from 3Q 2022). Net income: ₱1.86b (up 19% from 3Q 2022). Profit margin: 17% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 18%. Earnings per share (EPS) also missed analyst estimates by 32%. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Oct 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding). Major Estimate Revision • Aug 15
Consensus EPS estimates increase by 18% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₱49.4b to ₱51.4b. EPS estimate increased from ₱0.846 to ₱0.998 per share. Net income forecast to grow 20% next year vs 20% growth forecast for Hospitality industry in Philippines. Consensus price target up from ₱13.55 to ₱14.14. Share price fell 3.4% to ₱11.50 over the past week. Reported Earnings • Aug 11
Second quarter 2023 earnings: EPS and revenues exceed analyst expectations Second quarter 2023 results: EPS: ₱0.32 (up from ₱0.17 in 2Q 2022). Revenue: ₱12.5b (up 25% from 2Q 2022). Net income: ₱3.43b (up 90% from 2Q 2022). Profit margin: 27% (up from 18% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 31%. Earnings per share (EPS) also surpassed analyst estimates. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Hospitality industry in Philippines. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. New Risk • Jun 20
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 6.9% 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 Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Significant insider selling over the past 3 months (₱29m sold). Recent Insider Transactions • Jun 16
President recently sold ₱15m worth of stock On the 9th of June, Thomas Arasi sold around 1m shares on-market at roughly ₱10.76 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Thomas has been a net seller over the last 12 months, reducing personal holdings by ₱16m. Recent Insider Transactions • May 30
President recently sold ₱1.4m worth of stock On the 24th of May, Thomas Arasi sold around 125k shares on-market at roughly ₱11.23 per share. This transaction amounted to less than 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. Thomas has been a net seller over the last 12 months, reducing personal holdings by ₱404k. Recent Insider Transactions Derivative • May 24
Executive VP & Head of Gaming exercised options to buy ₱27m worth of stock. On the 15th of May, Cyrus Sherafat exercised 3.17m options at around ₱11.18, then sold 760.60k of them at ₱11.26 each and kept the remainder. Since June 2022, Cyrus' direct individual holding has increased from 5.59m shares to 5.99m. Company insiders have collectively bought ₱110m more than they sold, via options and on-market transactions, in the last 12 months. Reported Earnings • May 11
First quarter 2023 earnings released: EPS: ₱0.28 (vs ₱0.063 in 1Q 2022) First quarter 2023 results: EPS: ₱0.28 (up from ₱0.063 in 1Q 2022). Revenue: ₱12.8b (up 79% from 1Q 2022). Net income: ₱2.98b (up 335% from 1Q 2022). Profit margin: 23% (up from 9.6% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₱10.88, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 27x in the Hospitality industry in Asia. Total returns to shareholders of 94% over the past three years. Recent Insider Transactions Derivative • Apr 21
President exercised options to buy ₱8.6m worth of stock. On the 13th of April, Thomas Arasi exercised 1.46m options at around ₱9.11, then sold 512.00k of them at ₱9.20 each and kept the remainder. Since June 2022, Thomas has owned 21.15m shares directly. Company insiders have collectively bought ₱80m more than they sold, via options and on-market transactions, in the last 12 months. Major Estimate Revision • Mar 11
Consensus EPS estimates increase by 13% The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from ₱43.4b to ₱47.4b. EPS estimate increased from ₱0.665 to ₱0.751 per share. Net income forecast to grow 58% next year vs 35% growth forecast for Hospitality industry in Philippines. Consensus price target up from ₱10.27 to ₱11.00. Share price fell 4.5% to ₱9.04 over the past week. Price Target Changed • Mar 08
Price target increased by 7.1% to ₱11.00 Up from ₱10.27, the current price target is an average from 10 analysts. New target price is 19% above last closing price of ₱9.24. Stock is up 26% over the past year. The company is forecast to post earnings per share of ₱0.76 for next year compared to ₱0.48 last year. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: ₱0.48 (vs ₱0.39 loss in FY 2021) Full year 2022 results: EPS: ₱0.48 (up from ₱0.39 loss in FY 2021). Revenue: ₱38.8b (up 77% from FY 2021). Net income: ₱5.17b (up ₱9.39b from FY 2021). Profit margin: 13% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₱8.86, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 26x in the Hospitality industry in Asia. Total loss to shareholders of 11% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Diosdado Peralta 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. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: ₱0.14 (vs ₱0.096 loss in 3Q 2021) Third quarter 2022 results: EPS: ₱0.14 (up from ₱0.096 loss in 3Q 2021). Revenue: ₱10.1b (up 96% from 3Q 2021). Net income: ₱1.56b (up ₱2.60b from 3Q 2021). Profit margin: 16% (up from net loss in 3Q 2021). Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 20% growth forecast for the Hospitality industry in Asia. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Tillkännagivande • Oct 29
Bloomberry Resorts Corporation Announces Appointments to Sustainability/Environment, Social and Governance Committee Bloomberry Resorts Corporation appointed Diosdado M. Peralta (as Chairman), Thomas Arasi (as member) and Eduardo J. Alarilla (as member) of its Sustainability/Environment, Social and Governance Committee. Recent Insider Transactions • Oct 19
Executive VP recently bought ₱3.0m worth of stock On the 11th of October, Estella Tuason-Occena bought around 500k shares on-market at roughly ₱5.97 per share. This transaction amounted to 6.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Estella has been a buyer over the last 12 months, purchasing a net total of ₱25m worth in shares. Major Estimate Revision • Sep 23
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from ₱0.34 to ₱0.40. Revenue forecast unchanged at ₱38.2b. Net income forecast to grow 2,463% next year vs 29% growth forecast for Hospitality industry in Philippines. Consensus price target of ₱9.46 unchanged from last update. Share price fell 7.3% to ₱7.03 over the past week. Major Estimate Revision • Aug 19
Consensus EPS estimates fall by 28% The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₱39.4b to ₱36.5b. EPS estimate also fell from ₱0.30 per share to ₱0.22 per share. Net income forecast to grow 2,081% next year vs 24% growth forecast for Hospitality industry in Philippines. Consensus price target up from ₱9.04 to ₱9.29. Share price was steady at ₱6.96 over the past week. Reported Earnings • Aug 09
Second quarter 2022 earnings: EPS and revenues exceed analyst expectations Second quarter 2022 results: EPS: ₱0.17 (up from ₱0.11 loss in 2Q 2021). Revenue: ₱10.0b (up 113% from 2Q 2021). Net income: ₱1.81b (up ₱2.96b from 2Q 2021). Profit margin: 18% (up from net loss in 2Q 2021). Revenue exceeded analyst estimates by 54%. Earnings per share (EPS) also surpassed analyst estimates. Over the next year, revenue is forecast to grow 30%, compared to a 32% growth forecast for the industry in Philippines. 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 • Jul 15
Executive VP recently bought ₱5.6m worth of stock On the 13th of July, Estella Tuason-Occena bought around 945k shares on-market at roughly ₱5.96 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱25m. Estella has been a buyer over the last 12 months, purchasing a net total of ₱18m worth in shares. Recent Insider Transactions • Jun 28
Executive VP recently bought ₱5.2m worth of stock On the 20th of June, Estella Tuason-Occena bought around 900k shares on-market at roughly ₱5.72 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱25m. Estella has been a buyer over the last 12 months, purchasing a net total of ₱12m worth in shares. Recent Insider Transactions • Jun 14
Executive VP recently bought ₱7.2m worth of stock On the 7th of June, Estella Tuason-Occena bought around 1m shares on-market at roughly ₱6.26 per share. In the last 3 months, there was an even bigger purchase from another insider worth ₱25m. This was Estella's only on-market trade for the last 12 months. Recent Insider Transactions • May 26
President recently sold ₱8.4m worth of stock On the 23rd of May, Thomas Arasi sold around 1m shares on-market at roughly ₱6.73 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Thomas has been a buyer over the last 12 months, purchasing a net total of ₱17m worth of shares. Recent Insider Transactions • May 19
President recently bought ₱25m worth of stock On the 11th of May, Thomas Arasi bought around 4m shares on-market at roughly ₱6.50 per share. This was the largest purchase by an insider in the last 3 months. Thomas has been a buyer over the last 12 months, purchasing a net total of ₱25m worth in shares. Reported Earnings • May 14
First quarter 2022 earnings: EPS in line with expectations, revenues disappoint First quarter 2022 results: EPS: ₱0.063 (up from ₱0.07 loss in 1Q 2021). Revenue: ₱7.19b (up 30% from 1Q 2021). Net income: ₱686.7m (up ₱1.46b from 1Q 2021). Profit margin: 9.6% (up from net loss in 1Q 2021). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 51%, compared to a 44% growth forecast for the industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Diosdado Peralta 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. Reported Earnings • Mar 08
Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2021 results: ₱0.39 loss per share (up from ₱0.76 loss in FY 2020). Revenue: ₱22.0b (up 24% from FY 2020). Net loss: ₱4.22b (loss narrowed 49% from FY 2020). Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) exceeded analyst estimates by 5.1%. Over the next year, revenue is forecast to grow 65%, compared to a 32% growth forecast for the restaurants industry in Philippines. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 25
Bloomberry Resorts Corporation, Annual General Meeting, Apr 21, 2022 Bloomberry Resorts Corporation, Annual General Meeting, Apr 21, 2022, at 14:00 Singapore Standard Time. Agenda: To approve the minutes of the Annual Stockholder's Meeting held on 15 April 2021; to approve report of the Chairman; to approve the Audited Financial Statements; to consider ratification of all acts, contracts, investments and resolutions of the board of directors and management since the last annual stockholders' meeting; to consider election of the members of the Board of Directors; to consider appointment of the External Auditor; and to consider other Matters. Recent Insider Transactions • Dec 16
Insider recently sold ₱21m worth of stock On the 7th of December, Cyrus Sherafat sold around 3m shares on-market at roughly ₱6.95 per share. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought ₱21m more than they sold in the last 12 months. Reported Earnings • Nov 10
Third quarter 2021 earnings released: ₱0.096 loss per share (vs ₱0.23 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: ₱5.13b (up 60% from 3Q 2020). Net loss: ₱1.04b (loss narrowed 59% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Price Target Changed • Nov 10
Price target increased to ₱8.39 Up from ₱7.71, the current price target is an average from 9 analysts. New target price is 9.0% above last closing price of ₱7.70. Stock is down 10% over the past year. The company is forecast to post a net loss per share of ₱0.36 next year compared to a net loss per share of ₱0.76 last year. Price Target Changed • Oct 07
Price target decreased to ₱7.71 Down from ₱8.33, the current price target is an average from 7 analysts. New target price is 28% above last closing price of ₱6.00. Stock is down 15% over the past year. Recent Insider Transactions • Sep 17
President recently bought ₱251k worth of stock On the 13th of September, Thomas Arasi bought around 40k shares on-market at roughly ₱6.27 per share. This was the largest purchase by an insider in the last 3 months. Thomas has been a buyer over the last 12 months, purchasing a net total of ₱22m worth in shares. Executive Departure • Aug 23
Independent Director Jose Perez has left the company On the 12th of August, Jose Perez's tenure as Independent Director ended after 2.5 years in the role. As of June 2021, Jose still personally held only 1.00 share (₱6.0 worth at the time). Jose is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 6.33 years. Reported Earnings • Aug 04
Second quarter 2021 earnings released: ₱0.11 loss per share (vs ₱0.43 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: ₱4.71b (up 426% from 2Q 2020). Net loss: ₱1.16b (loss narrowed 75% from 2Q 2020). 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. 