NEWS BITES ASIAN MARKETS
Manila Mining Corporation (PH:MA), the 7th largest mining company by market capitalisation in the Philippines', closed unchanged at 5.80 centavo. Compared with the PSEi Index, which rose 53.4 points (or 0.8%) on the day, this was a relative price change of -0.8%. The volume was 0.2 times the average trading of 338.4 million shares.
Bearish Signals
- The price decreased 1.7% in the last week and tumbled 9.4% in the last month.
- The present value of PHP1,000 (PV1000) invested one year ago is PHP763, for a capital loss of PHP237.
PV1000 | 1-week | 1-month | 1-year |
MA.PH | 983 | 906 | 763 |
PSEi Index | 967 | 971 | 1,307 |
- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 2.5. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.
Description | Value | Rank In Market |
Relative Strength (6M) | 22 | In Bottom Quartile |
Earnings Yield % | 0.1 | In Bottom 1% |
Return on Equity [ROE] % | 0.2 | In Bottom 1% |
Return on Assets [ROA] % | 0.2 | In Bottom 1% |
Note
Volume: there were 74,730,000 shares worth PHP4.3 million (US$106,624.8) traded.
Beta: the Beta of this stock is 0.7. A Beta lower than 1 suggests this is a low risk, low return stock with volatility less than that of the market.
- It is at a discount of 25.6% to the 12-month high of 7.80 centavo on 23 Mar, 2012. It is also at a premium of 23.4% to the 12-month low of 4.70 centavo on 10 Oct, 2012.
Fundamental measures by comparison with the sector average [in brackets] indicate Undervaluation:
- Price to Book of 2.8 [4.2]. We estimate the shares are trading at a current year Price to Book of 1.9 and a forward year Price to Book of 1.3.
Description | Value | Rank In Market |
MCap | US$172.5 million | In 2nd Quartile |
COMPANY ANNOUNCEMENTS
The last 7 company announcements are:
March 06: Manila Mining announces AGM
Manila Mining has announced its Annual General Meeting will take place on April 29, 2013.
February 11: Manila Mining: Certification from Mines and Geosciences Bureau
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/10073.pdf Source: Philippines Stock Exchange
January 28: Manila Mining: Appointment of officer
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/9693.pdf Source: Philippines Stock Exchange
January 22: Manila Mining: Statement of Changes in Beneficial Ownership of Securities
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/9463.pdfManila Mining Corporation ("MA" or the "Company") furnished the Exchange a copy of SEC Form 23-B (Statement of Changes in Beneficial Ownership of Securities) of Mr. Jose G. Cervantes, a director of the Company, in connection with Section 13.1 of the Revised Disclosure Rules on Disclosure on Transactions of Directors and Principal Officers in the Issuer's Securities.Attached is a copy of the SEC Form 23-B for your reference. Source: Philippines Stock Exchange
January 14: Manila Mining: Certification on compliance with Manual on Corporate Governance
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/9104.pdf Source: Philippines Stock Exchange
January 09: Manila Mining: Certification on attendance of members of Board of Directors for year 2012
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/8964.pdf Source: Philippines Stock Exchange
November 14: Manila Mining: Adoption of revised Audit Committe charter
[News Story] http://www.buysellsignals.net/BuySellSignals/report/Phillipines/Stock/News/7978.pdf Source: Philippines Stock Exchange
ISIN: PHY5764P1022
PH:MA; PS:MA; PM:MA;
Source: www.BuySellSignals.com
