Does Lopez Holdings Corp (LPZ:PM) own ABS-CBN Corp (ABS:PM) or is it Lopez Inc.?

Happy Easter! Yep it's holy week and I'm spending my time digging in to Philippine stocks and LPZ (Lopez Holdings Corp) caught my eye.

Let me disclose that it was my thinking that LPZ owns some ABS (ABS-CBN Corp) hence the idea of buying ABS cheaper by buying LPZ shares instead came to being. But digging deeper, it appears that LPZ has no ownership in ABS, and that what owns ABS CBN Corp is Lopez Inc. and not Lopez Holdings Corp.

First let's clearly define the three companies mentioned:

1. Lopez Holdings Corporation (LPZ:PM) (formerly Benpres Holdings Corporation) - is a publicly listed holding company incorporated in 1993 by the Lopez family to serve as the holding company for investments in major development sectors such as broadcasting and cable; telecommunications; power generation and distribution; manufacturing and property development.

2. Lopez Inc. - is a private holding company of the Lopez Family which owns 52.6% of Lopez Holdings Corporation.

3. ABS-CBN Corporation (ABS:PM) - is a publicly listed company and the country's largest media conglomerate. It is currently involve in broadcast radio and television as well as cable television (SkyCable, Creative Communications, Inc.), television programming, films, publishing, licensing, and websites

**Note that if you're a retail investor, you can only buy/sell shares of LPZ and ABS but not Lopez Inc.

My concern here is looking at Lopez Holdings Corporation's "portfolio" page in their company website. It says the following:

Global working age percentage change from 2015 to 2020

Interesting chart from Business Insider.

Philippines is leading the way for the EMs.

*Click to enlarge*

The Year that was and the Year that will be

It's been a while since we've last updated this blog so yeah, here's some updates on what's going on. Haha!

2013 was a volatile year for Philippines and the EM in general. The PCOMP started out 2013 quite strongly in the 1st 5 months of the year only to wipe out all the gains accumulated in just roughly a month time from mid-May to end of July. 

2013 was a roller coaster ride w/c ended up relatively flat at 1.33% gain, on the other hand, for 2014 the PCOMP is coming back with a 6.87% YTD gain. Let's see what happens moving forward.

*Click Image to Enlarge*

PCOMP, Daily, 2013 to Present

Apparently the performance of our stock portfolio for 2013 to present is somewhat crappy, we've only made 0.83% for the whole 2013 and is currently at -1.89% for the year 2014. This vs the PCOMP's 1.33% (2013) and 6.87% (YTD 2014) and S&P 500's 31.30% (2013) and -0.69% (2014).

The Vision Pulls You!

Good stuff from @ekkaytrader

Themesong for the Philippine Stock Market - Apoy by Greyhoundz "Sunog Lang ng Sunog"

Was going through my daily playlist and this song from from Greyhoundz seemed to fit the current situation of the PCOMP. It's kind of timely actually, now that we're crossing the 2012 closing price.

The lyrics can be viewed in a bearish and bullish perspective, just like the market, the interpretation will be based on the judgement of the trader. :)

Apoy by Greyhoundz

Sir John Templeton... Respect...

Saw this interview with Sir John Templeton 25 years ago and it fascinates me that even though mankind has made a lot of changes a.k.a. "developments" in the last 25 years, the Philosophy of investing remain the same.

Interviewer: Where are you finding bargains today?
John Templeton: Where people are selling, you'll never get a bargain except when most investors are trying to sell.

John Templeton also nailed down Hong Kong being a financial center to cater for Mainland China. Dow Jones going higher in value and Nikkei (Japan) being over valued hence he liquidated his positions in the region. All of this outlook made on 1989.

How to Donate in ABS-CBN Sagip Kapamilya Through BPI ExpressOnline?

"The purpose of money is to be able to enjoy life and share it with others" - Bo Sanchez

And we at The Filipino Investor ask, what better time to share than now?

Below are the easy steps to donate in ABS-CBN Sagip Kapamilya through BPI Express Online.

Step 1. Go to www.bpiexpressonline.com

Step 2. Toggle on Payments & Reloading tab and then click on  e-Donation

Step 3. Fill out the forms!

Step 4. Once everything's complete click on Submit

Once the transaction is completed and successful you will be navigated into a confirmation page with the summary of your transaction. Your donation is finally completed!

It is no secret that our fellow Filipinos in the areas hit by Super Typhoon Yolanda is in a very bad shape. Any amount of help will make their life at-least a little easier.