Indocement (INTP IJ) - Increasing Reach, Reducing Costs, and Improving Sustainability
Indocement continues to impress with its focus on sustainability, significantly beating on emissions and dust. Valuations look attractive with a...
471 Views
Eagle Cement (EAGLE PM) MTO Open, Closing on 5 December
The net MTO price after deducting charges is PHP21.8833. At the current price and for the 14 December payment, the gross and annualised spread to...
335 Views
Eagle Cement: Regulatory Approval Paves the Way for San Miguel’s MTO at PHP22.02
The approval paves the way for an MTO of the remaining 11.50% minority shares at PHP22.02, likely next month. At the last close, the spread to the...
397 Views
Eagle Cement’s Potential MTO of PHP22.02 from San Miguel
The regulator should approve as it previously considered San Miguel and ECC as part of the same group. Timing is the key risk. At the last close,...
365 Views
The Week That Was in ASEAN@Smartkarma - Astra International, Ace Hardware, and DTAC's Merger
The Week That Was in ASEAN@Smartkarma is filled with an eclectic mix of differentiated, substantive, and actionable insights, macro and equity...
325 Views