PLDT TEL PHI

[jollibee9]

I am worried if foreign houses issued a buy reco....... Remember jp morgan a few years ago and the reco they made on tel?

[Mr. Banker]

I am worried if foreign houses issued a buy reco....... Remember jp morgan a few years ago and the reco they made on tel?

With the dollar strengthening and with improving US economic indicators, TEL will likely continue to rise in its peso price. But I do agree with you, maybe JP's P3,000 might just be too much unless their time frame is very much far down the road.

[miner]

Start of window dressing and pumping up to make the DGTL conversion next year more attractive to make share swap than cash out IMHO only

[Mr. Banker]

Even JGS will be "window-dressed". When they were paid PLDT shares last Oct, PLDT price was at P2,320. At current price of P2,534, the P200 differential presents a paper gain of P3.4B on JGS' 17.31MM in locked-in PLDT shares.

[jollibee9]

up ko lang konti one of the stock that made my ytd +3% in 3days .....

[Platinum888]

closed 2700

[Market! Market!]

Uhm, what's happening?

[jollibee9]

effect of foreign buying..... loving it... pa surf surf lang

[miner]

Tel was downgraded by HSBC to neutral from overweight


So tel will be dragging down the index in the days and weeks to come

[BartenderMD]

Jan. 18 (Bloomberg) - Philippine Long Distance Telephone Co. (TEL PM), the nation’s biggest phone company, climbed 2.8 percent to 2,826 pesos, the highest close since March 2008. Its share price target was raised to 3,400 pesos from 3,000 pesos at Morgan Stanley, which kept an “overweight” rating on the stock. JG Summit Holdings Inc. (JGS PM), which owns 8 percent of Philippine Long Distance, advanced 5.3 percent to 28 pesos, the highest since May 12, 2011.

http://www.bloomberg.com/apps/news?pid= ... b0crnCjHzg

[BartenderMD]

Jan. 19 (Bloomberg) -- Philippine Long Distance Telephone Co. said minority shareholders of Digital Telecommunications Philippines Inc. tendered 2.89 billion shares.

The shares represent 94 percent of Digital shares held by the public, for which it will pay 600 million pesos in cash and 1.6 million Philippine Telephone shares, the company said in a disclosure to the exchange.

Philippine Telephone said it will own 10.2 million common shares or 98 percent of Digital’s enlarged capital base following the tender offer. It expects to file a petition for the voluntary delisting of Digital from the stock exchange.

http://www.bloomberg.com/apps/news?pid= ... YKw9afMyAs

[kendo]

Anybody here availed of dgtl-tel share swap? Kelan kya magreflect sa portfolio?
Ala p kc sa COL. Thx!

[janssen3399]

PSEI Index down by 75 pts. due to PLDT swap DGTL share are already tradeable