The more you know about the fundamentals of the company, the better your chances in handling your investment risk and returns. SGP, which has successfully raised P13.8 billion last year following its follow-on offering, has fallen by as much as 33.3 percent from its 52-week high of P16.50 per share this year.Īlthough the stock has recovered recently to P13.36 per share, its share price is still far from its fundamental market value.Īs in any value stock, it is always good to spend some time understanding the business of the company and evaluate its long-term potential. This is not to mention energy companies in general also have high operating leverage, which helps them deliver high profit margins over time.Īmong the energy-related stocks in the market, transmission system operator Synergy Grid (PSE: SGP) is one of the most promising to recover strongly, being the most undervalued power company. Higher electricity price, as a result of inflation, increases the returns of energy companies. But market history has shown that energy stocks tend to do well during periods of high inflation and interest rates in the long-term because demand for electricity will remain the same regardless of the price. One reason why energy stocks have done poorly is because a rise in interest rates tends to lower their valuation, causing their stock prices to fall. This recovery, however, is still short of the Philippine Stock Exchange Index’s current loss of -3.6 percent, making the energy sector one of the most underperforming industries so far, along with properties (-4.36 percent) and services (-11.6 percent). Synergy88 is the leading animation studio and digital business solutions company in the Philippines that provides quality film and interactive entertainment to Filipinos. and Robert Coyiuto Jr., successfully raised P13.85 billion from a. (SGP), the listed holding company of Henry Sy Jr. The total market capitalization of listed energy companies in the Philippine Stock Exchange has lost as much as -10.2 percent during the height of market sell-off last June, but has since recovered to a year-to-date loss of -5.6 percent. MANILA, Philippines Synergy Grid and Development Philippines Inc. The NGCP operates and maintains a nationwide transmission grid throughout the Philippines to provide open and non-discriminatory access to the transmission system to all authorized electricity distributors and electricity users.Energy-related stocks have been one of the hardest-hit sectors in the stock market since inflation and interest rates began to rise early this year. listed its shares on the local bourse on Wednesday (Nov. The CHPC engages in the general business of operating, managing, maintaining, and rehabilitating energy systems and services from gas, steam, and electricity including related services and business activities. Holding company Synergy Grid and Development Philippines (SGP) Inc. (P21), Monte Oro Grid Resources Corporation (MOGRC), Calac a High Power Corporation (CHPC), and National Grid Corporation of the Philippines (NGCP). Find and reach Synergy Services Corporation (Philippines)s employees by department, seniority, title, and much more. slashed by 32 the maximum offer price for its upcoming share sale that is meant to raise the company’s public. (SGP or the Company) publicly listed its shares from its Follow-On Offering (FOO) on the Philippine Stock Exchange (PSE) on Nov. The Company's subsidiaries include OneTaipan Holdings, Inc. MANILA, Philippines Synergy Grid & Development Phils. SYNERGY Grid and Development Philippines Inc. The Company operates through its transmission services across Luzon, Visayas, and Mindanao. The Company is engaged in general construction and other allied businesses.
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