Another Petroleum Company will be added to our PSE List.

Pheonix Petroleum Philippines, Inc.
Offer Price: 6.62 - 9.93
Lead Underwriter : BDO Capital & Investment Corporation
Underwriter(s) : BDO Capital & Investment Corp.
Date Filed : 20-Feb-2007

Ano hawak nitong phoenix? Parang taas ng IPO price. :?

I have no idea jeff . BDO lang ba ang pwedeng mag issue ng IPO nito?

Phoenix Petroleum Philippines, Inc. will be issuing new shares to the
public starting June 27, 2007 to July 3, 2007. The final offer price will
be announced on June 21, 2007 and will be between Php 6.08 - 11.30 per share.

Guys, pwede ba patulan to?

QUOTE:
Phoenix Petroleum Philippines, Inc. will be issuing new shares to the
public starting June 27, 2007 to July 3, 2007. The final offer price will
be announced on June 21, 2007 and will be between Php 6.08 - 11.30 per share.

Guys, pwede ba patulan to?

pahirapan to kc konti lang at mahal ang available shares for public, something like P500,000 worth lang for every Trading Participant...
9.8 per share ang offer, broker malabo makakuha, LSI allocation pahirapan naman :twisted:

# Security Name : Phoenix Petroleum Philippines, Inc.
# Date : 09/21/2007
# Headline : DCL #5919: Board approval of buy back share program
# Source :
# Content : Please be informed that Phoenix Petroleum Philippines, Inc. (PPPI) in a special meeting specially called for the purpose, the company’s Board of Directors has approved the buy-back share program involving P50,000,000.00 worth of common shares or about 5.15% of the company’s current market capitalization. The program will commence around 2nd week of October 2007 and shall conclude upon exhaustion of the approved allotment subject to the proper disclosure to the SEC and the PSE. The funds allocated for the repurchase of the shares shall be taken from the company’s unrestricted retained earnings. The program is basically designed to boost up and/or improve the shareholders value through the repurchase of the shares whenever the same is trading at a value lower than its actual corporate valuation. The program shall not involve any funds allotted for the company’s impending expansion projects/investments nor any of those allotted for payment of obligations and liabilities. Its implementation shall be coursed through the trading facilities of the PSE with the company’s Chief Finance Officer and Treasurer, Teodoro A. Polinga who shall oversee the conduct of the same.