{"id":333011,"date":"2025-06-25T22:16:01","date_gmt":"2025-06-25T14:16:01","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=333011"},"modified":"2025-06-25T22:16:03","modified_gmt":"2025-06-25T14:16:03","slug":"trade-the-news-tan-owned-firm-buys-more-emi-shares","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-tan-owned-firm-buys-more-emi-shares\/","title":{"rendered":"Trade the News: Tan-owned firm buys more EMI shares"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>NEUTRAL on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>Emperador Inc.<\/td><\/tr>
Stock Code<\/strong><\/td>EMI<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Sell<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 11.31<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

EMPERADOR Inc. (EMI) said in a disclosure that The Andresons Group, Inc., an affiliate owned by Andrew Tan, had acquired another 10 million common shares of the company, raising its total shareholding to 135 million shares or a 0.86-percent stake. The Andresons Group on Friday bought the shares at a price of P16 each through the open market.<\/p>\n\n\n\n

The Andresons Group started buying up Emperador shares last month, with analysts saying this could be a bid by Tan to improve Emperador’s share value.<\/p>\n\n\n\n

From May 19 until May 23, The Andresons Group acquired 25 million Emperador shares daily through the open market at varying prices, amassing 125 million common shares for an aggregate amount of P1.663 billion.<\/p>\n\n\n\n

On May 19 and 20, it bought a total of 50 million for P13.32 apiece. On May 21, it bought another 25 million shares for P13.30 apiece; on May 22, it purchased a further 25 million shares priced at P13.34; and on May 23, it acquired another 25 million shares at P13.48 apiece.<\/p>\n\n\n\n

Unicapital Group consumer analyst Jeri Alfonso said The Andresons Group may be loading up on Emperador shares on the view that the spirits manufacturer was currently undervalued.<\/p>\n\n\n\n

“The recent share buy by the Andresons Group didn’t push [Emperador’s] public float below the 20 percent threshold \u2014 it’s still holding at 20.26 percent. Looks like the group believes [Emperador] is presently undervalued, which is probably why they are loading up shares,” Alfonso said.<\/p>\n\n\n\n

AP Securities research head Alfred Garcia also took note that the Andresons buying spree had reduced Emperador’s free float but not enough to breach the PSE-imposed limit.<\/p>\n\n\n\n

Garcia said, “[Emperador’s] free float is now 20.26 percent, [and there are just] 40.74 million shares to go before they breach the limit.”<\/p>\n\n\n\n

Last month, he said had said that “Emperador’s downtrend is rooted in fundamentals \u2014 margins and profitability is declining, and liquidity \u2014 it’s one of the most thinly-traded index names.”<\/p>\n\n\n\n

(News Source: Manila Times<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-333011","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=333011"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333011\/revisions"}],"predecessor-version":[{"id":333016,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/333011\/revisions\/333016"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=333011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=333011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=333011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}