Merkado Barkada
September 8, 2025 | 10:03am
LFM Properties [LPC] [link] mentioned it was unaware of any undisclosed data that would have triggered the weird motion in its share value on 4 September 2025. The corporate issued the reason in response to a question from the Philippine Inventory Change after its inventory surged practically 49% to P0.067 from P0.045. Nonetheless, LPC pointed to beforehand disclosed developments on 29 August 2025, together with the approval of a rise in its licensed capital inventory to P5 billion from P400 million. The corporate additionally introduced a deliberate inventory rights providing of not less than P1 billion, the proceeds of which will likely be used to assist the capital growth.
MB BOTTOM-LINE: I haven’t coated this inventory since its IPO by means of introduction (its shares have been distributed to LFM shareholders by a dividend), largely as a result of (1) the PSE’s dealing with of dividend IPOs is damaging to the market, (2) the ensuing inventory was too thinly traded to be a viable funding goal, and (3) its authentic growth plan was boring and unambitious. This disclosure modifications the maths. As a substitute of accelerating its capitalization by 325%, it’s going for a 1150% improve with a inventory rights providing to fund the rise. And a par worth improve. That’s spicy. We don’t know their plan but, however that improve hints at huge ambitions, and whereas we
Merkado Barkada is a free each day publication on the PSE, investing and enterprise within the Philippines. You may subscribe to the newsletter or follow on Twitter to obtain the complete each day updates.
