New Risk • Apr 17
New major risk - Revenue and earnings growth Earnings have declined by 68% 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 68% per year over the past 5 years. Revenue is less than US$1m (₱12m revenue, or US$205k). Market cap is less than US$10m (₱399.2m market cap, or US$6.66m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change). Tillkännagivande • Apr 11
Seafront Resources Corporation, Annual General Meeting, Jun 11, 2026 Seafront Resources Corporation, Annual General Meeting, Jun 11, 2026, at 15:30 W. Australia Standard Time. Board Change • Mar 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Lead Independent Director Basil Ong 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. New Risk • Mar 11
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 11% 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 (11% average weekly change). Revenue is less than US$1m (₱9.1m revenue, or US$154k). Market cap is less than US$10m (₱489.0m market cap, or US$8.25m). Minor Risk Large one-off items impacting financial results. Tillkännagivande • Mar 06
Science Park Of The Philippines, Inc., Asset Growth Inc. and Regatta Holdings, Inc. completed the acquisition of 11.33% stake in Hermosa Ecozone Development Corporation from Seafront Resources Corporation (PSE:SPM). Science Park Of The Philippines, Inc., Asset Growth Inc. and Regatta Holdings, Inc. agreed to acquire 11.33% stake in Hermosa Ecozone Development Corporation from Seafront Resources Corporation (PSE:SPM) for approximately PHP 330 million on May 8, 2025. Science Park Of The Philippines, Inc., Asset Growth Inc. and Regatta Holdings, Inc. will pay an earnout/contingent payment of PHP 25 million cash. As part of consideration, PHP 325 million is paid towards common equity of Hermosa Ecozone Development Corporation.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
Science Park Of The Philippines, Inc., Asset Growth Inc. and Regatta Holdings, Inc. completed the acquisition of 11.33% stake in Hermosa Ecozone Development Corporation from Seafront Resources Corporation (PSE:SPM) on March 5, 2026. As per Management, the HEDC Share Sale has been consummated as of report date. New Risk • Jan 13
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 8.4% 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 Revenue is less than US$1m (₱9.1m revenue, or US$153k). Market cap is less than US$10m (₱327.6m market cap, or US$5.52m). Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Large one-off items impacting financial results. Board Change • Dec 11
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. 5 non-independent directors. Lead Independent Director Basil Ong 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. Board Change • Nov 06
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. 5 non-independent directors. Lead Independent Director Basil Ong 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. Tillkännagivande • Jul 09
Science Park Of The Philippines, Inc., Asset Growth Inc. and Regatta Holdings, Inc. agreed to acquire 11.33% stake in Hermosa Ecozone Development Corporation from Seafront Resources Corporation (PSE:SPM) for approximately PHP 330 million. Science Park Of The Philippines, Inc., Asset Growth Inc. and Regatta Holdings, Inc. agreed to acquire 11.33% stake in Hermosa Ecozone Development Corporation from Seafront Resources Corporation (PSE:SPM) for approximately PHP 330 million on May 8, 2025. Science Park Of The Philippines, Inc., Asset Growth Inc. and Regatta Holdings, Inc. will pay an earnout/contingent payment of PHP 25 million cash. As part of consideration, PHP 325 million is paid towards common equity of Hermosa Ecozone Development Corporation.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. New Risk • May 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 10% 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 47% per year over the past 5 years. Revenue is less than US$1m (₱7.9m revenue, or US$142k). Market cap is less than US$10m (₱326.0m market cap, or US$5.86m). Minor Risk Share price has been volatile over the past 3 months (10% average weekly change). Board Change • May 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Basil Ong 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. Tillkännagivande • Apr 03
Seafront Resources Corporation, Annual General Meeting, Jun 19, 2025 Seafront Resources Corporation, Annual General Meeting, Jun 19, 2025, at 15:30 W. Australia Standard Time. Board Change • Mar 11
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Basil Ong 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 • Jan 06
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Basil Ong 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 • Nov 29
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Basil Ong 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 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: 9.4% Last year net profit margin: 59% 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 Risks Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m (₱8.6m revenue, or US$147k). Market cap is less than US$10m (₱293.4m market cap, or US$4.98m). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.4% net profit margin). New Risk • Aug 16
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 88% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 38% per year over the past 5 years. Revenue is less than US$1m (₱6.2m revenue, or US$109k). Market cap is less than US$10m (₱228.2m market cap, or US$3.99m). Minor Risk Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 22% After last week's 22% share price decline to ₱1.12, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 48x in the Diversified Financial industry in Philippines. Total loss to shareholders of 49% over the past three years. Valuation Update With 7 Day Price Move • Jun 11
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to ₱1.45, the stock trades at a trailing P/E ratio of 55.6x. Average trailing P/E is 40x in the Diversified Financial industry in Philippines. Total loss to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₱1.42, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 38x in the Diversified Financial industry in Philippines. Total loss to shareholders of 31% over the past three years. Tillkännagivande • Mar 22
Seafront Resources Corporation, Annual General Meeting, Jun 20, 2024 Seafront Resources Corporation, Annual General Meeting, Jun 20, 2024, at 15:30 Singapore Standard Time. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₱1.35, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 18x in the Diversified Financial industry in Asia. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to ₱1.35, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 18x in the Diversified Financial industry in Asia. Total loss to shareholders of 45% over the past three years. Valuation Update With 7 Day Price Move • Jan 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₱1.70, the stock trades at a trailing P/E ratio of 79.6x. Average trailing P/E is 26x in the Diversified Financial industry in Philippines. Total loss to shareholders of 19% over the past three years. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₱1.41, the stock trades at a trailing P/E ratio of 66x. Average trailing P/E is 27x in the Diversified Financial industry in Philippines. Total loss to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₱1.50, the stock trades at a trailing P/E ratio of 70.2x. Average trailing P/E is 28x in the Diversified Financial industry in Philippines. Total loss to shareholders of 21% over the past three years. New Risk • Nov 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 758% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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). Revenue is less than US$1m (₱2.8m revenue, or US$50k). Market cap is less than US$10m (₱321.1m market cap, or US$5.75m). Minor Risk Large one-off items impacting financial results. New Risk • Oct 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₱2.7m revenue, or US$47k). Market cap is less than US$10m (₱277.1m market cap, or US$4.89m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin). Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Lead Independent Director Basil Ong 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. Tillkännagivande • Jun 25
Seafront Resources Corporation Announces Management Changes Seafront Resources Corporation approved the appointment of Dir. Basil L. Ong as Lead Independent Director, at its Board Meeting held on June 23, 2022 and appointed Louie Mark R. Limcolioc from Alternate Information Officer to Alternate Information Officer/Assistant Corporate Secretary/Compliance Officer, effective June 23, 2022. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorated over the past week After last week's 20% share price decline to ₱2.16, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 13x in the Diversified Financial industry in Philippines. Total loss to shareholders of 9.2% over the past three years. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Basil Ong 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. Tillkännagivande • Apr 02
Seafront Resources Corporation, Annual General Meeting, Jun 23, 2022 Seafront Resources Corporation, Annual General Meeting, Jun 23, 2022. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improved over the past week After last week's 16% share price gain to ₱2.78, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 18x in the Diversified Financial industry in Philippines. Total returns to shareholders of 16% over the past three years. Executive Departure • Jul 02
Head of Corporate & Legal Affairs, Asst. CIO, Asst. Compliance Officer & Asst. Corp. Sectry Arlan Profeta has left the company On the 24th of June, Arlan Profeta's tenure as Head of Corporate & Legal Affairs, Asst. CIO, Asst. Compliance Officer & Asst. Corp. Sectry ended. We don't have any record of a personal shareholding under Arlan's name. Arlan is the only executive to leave the company over the last 12 months. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₱2.06, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 14x in the Diversified Financial industry in Asia. Total loss to shareholders of 20% over the past three years. Is New 90 Day High Low • Jan 19
New 90-day high: ₱2.23 The company is up 23% from its price of ₱1.82 on 22 October 2020. The Filipino market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Diversified Financial industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 18
New 90-day high: ₱2.16 The company is up 19% from its price of ₱1.82 on 18 September 2020. The Filipino market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Diversified Financial industry, which is up 24% over the same period. Is New 90 Day High Low • Oct 31
New 90-day high: ₱2.00 The company is up 10.0% from its price of ₱1.81 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 Diversified Financial industry, which is up 23% over the same period.