New Risk • Nov 19
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱5.85b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₱5.85b market cap, or US$99.4m). New Risk • Nov 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 13% 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 (13% average weekly change). Revenue is less than US$1m. New Risk • Jun 18
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 8.1% 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 Revenue is less than US$1m. Minor Risk Share price has been volatile over the past 3 months (8.1% average weekly change). Tillkännagivande • May 23
Atok-Big Wedge Co., Inc., Annual General Meeting, Jul 30, 2025 Atok-Big Wedge Co., Inc., Annual General Meeting, Jul 30, 2025, at 09:00 W. Australia Standard Time. Tillkännagivande • May 03
Atok-Big Wedge Co., Inc., Annual General Meeting, May 30, 2025 Atok-Big Wedge Co., Inc., Annual General Meeting, May 30, 2025. New Risk • Aug 15
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱13m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱13m free cash flow). Share price has been highly volatile over the past 3 months (21% average weekly change). Revenue is less than US$1m. Tillkännagivande • Jul 08
Atok-Big Wedge Co., Inc. Announces Board Changes Atok-Big Wedge Co., Inc. at its AGM Held on July 8, 2024 announced Atty. Charles Edward M. Cheng's decision to resign as director of the company. Nonetheless, he will remain as Corporate Secretary, Compliance Officer under the Manual on Corporate Governance and Corporate Information Officer of the Company. The Board appointed Mr. Dennis O. Valdes as Interim Director, to serve as such for the remainder of the unexpired term of Atty. Cheng. Mr. Valdes, 63, Filipino, was a Director of Atok-Big Wedge Co., Inc. (AB) from 2009 to 2022. He is presently the Special Assistant to the Chairman of Alphaland Corporation. He became the President of the Alphaland Corporation from 2020 to 2022 and was a Director of Alphaland Corporation 2011 to 2022. His previous work experience includes 14 years with PhilWeb Corporation, ten years with the Inquirer Group of Companies, and six years with The NutraSweet Company. He is a certified public accountant, graduated magna cum laude in Business Administration and Accountancy from the University of the Philippines and has an MBA degree from the Kellogg School of Management, Northwestern University. Tillkännagivande • May 23
Atok-Big Wedge Co., Inc., Annual General Meeting, Jun 26, 2024 Atok-Big Wedge Co., Inc., Annual General Meeting, Jun 26, 2024, at 09:00 W. Australia Standard Time. Tillkännagivande • Feb 01
Atok-Big Wedge Co., Inc. Announces the Retirement of Ms. Cristina B. Zapanta as Senior Vice President for Finance Ms. Cristina B. Zapanta, Senior Vice President for Finance, has retired from Atok-Big Wedge Co., Inc. and its subsidiary effective January 29, 2024 after 16 years of service. Tillkännagivande • Oct 10
Atok-Big Wedge Co., Inc., Annual General Meeting, Dec 01, 2023 Atok-Big Wedge Co., Inc., Annual General Meeting, Dec 01, 2023, at 11:00 Singapore Standard Time. Agenda: To consider Call to order; to consider Certification of Notice and Quorum; to consider Annual report of Management and approval of the audited financial statements for the year ended December 31, 2022; and to transact such other business matters. 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. 10 non-independent directors. Independent Vice-Chairman Dennis Uy was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 03
Atok-Big Wedge Co., Inc. Announces Board Changes Mr. Dennis O. Valdes informed the board of Atok-Big Wedge Co., Inc. that he has decided to retire from group service, and for this purpose resigned as directors of the company, at its special meeting of the board of directors held on August 2, 2022. The board accepted Mr. Valdes resignation. In the same meeting, the board appointed Mr. Jose Raymund Lim Apostol as Interim Directors, to serve as such for the remainder of the unexpired term of Mr. Valdes. Mr. Apostol, 58, Filipino, was previously a Director and President of the company from 01 June 2013 to 30 September 2016. He is currently the senior executive vice president of Monte Oro Resources and Energy, Inc. He was a Director and the President of Forum Energy Philippines Corp. from 2007 to 2013 and President and Technical Director of PhiGold Metallic Ore Inc. from 2008 to 2013. Tillkännagivande • Jul 12
Atok-Big Wedge Co., Inc. Announces Resignation of Jonamel G. Israel-Orbe as Assistant Corporate Secretary, Deputy Compliance Officer and Corporate Information Officer, Effective July 28, 2022 Atok-Big Wedge Co., Inc. announced that meeting held on July 11, 2022, the executive committee of the board accepted the resignation of Atty. Jonamel G. Israel-Orbe as Assistant Corporate Secretary, Deputy Compliance Officer and Corporate Information Officer effective July 28, 2022. Board Change • Apr 27
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. 4 experienced directors. 7 highly experienced directors. 2 independent directors (9 non-independent directors). Independent Vice-Chairman Dennis Uy was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Feb 10
Atok-Big Wedge Co. Ordinary Shares to Be Deleted from Other OTC Atok-Big Wedge Co., Inc. Ordinary Shares will be deleted from Other OTC effective from February 10, 2022, due to Inactive Security. Executive Departure • Jul 13
Compliance Officer, Corporate Information Officer, Corporate Secretary & Director Cliburn Anthony Orbe has left the company On the 30th of June, Cliburn Anthony Orbe's tenure as Compliance Officer, Corporate Information Officer, Corporate Secretary & Director ended after 5.1 years in the role. As of March 2021, Cliburn Anthony still personally held only 100.00 shares (₱945 worth at the time). Cliburn Anthony is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 11.88 years. Is New 90 Day High Low • Jan 25
New 90-day low: ₱6.64 The company is down 32% from its price of ₱9.74 on 28 October 2020. The Filipino market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 62% over the same period. Is New 90 Day High Low • Jan 08
New 90-day low: ₱7.49 The company is down 3.0% from its price of ₱7.70 on 09 October 2020. The Filipino market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 64% over the same period. Is New 90 Day High Low • Oct 05
New 90-day low: ₱7.42 The company is down 25% from its price of ₱9.90 on 07 July 2020. The Filipino market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 20% over the same period.