{"id":335014,"date":"2026-06-02T02:28:51","date_gmt":"2026-06-01T18:28:51","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=335014"},"modified":"2026-06-02T02:28:53","modified_gmt":"2026-06-01T18:28:53","slug":"stock-in-focus-semirara-mining-power-corp-scc-2-june-2026-by-regina-capital-development-corp","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/stock-in-focus-semirara-mining-power-corp-scc-2-june-2026-by-regina-capital-development-corp\/","title":{"rendered":"Stock in Focus: Semirara Mining & Power Corp. (SCC) – 2 June 2026 by Regina Capital Development Corp."},"content":{"rendered":"\n

Summary of Broker’s Recommendation<\/h2>\n\n\n\n
Stock Code<\/strong><\/td>SCC<\/td><\/tr>
Company Name<\/strong><\/td>Semirara Mining & Power Corp.<\/td><\/tr>
Broker<\/strong><\/td>Regina Capital Development Corp.<\/td><\/tr>
Opinion Issued on<\/strong><\/td>2 June 2026<\/td><\/tr>
Recommendation<\/strong><\/td>Hold<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 29.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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The most significant catalyst remains the Department of Energy\u2019s competitive bidding for Coal Operating Contract No. 5, which underpins SCC\u2019s core mining operations. The outcome of the auction will be critical in determining long-term production continuity, cost structure, and dividend sustainability. Given normalizing coal prices, regulatory uncertainty surrounding the COC, and balanced upside versus risk, we maintain a HOLD recommendation on SCC with a target price of P29.00 per share.<\/p>\n\n\n\n

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Analysis and Opinion<\/h2>\n\n\n\n

Semirara Mining and Power Corporation (SCC) remains a critical player in the Philippine energy sector as coal market conditions stabilize and domestic power dynamics tighten. While coal prices have normalized from prior highs, supply-side constraints, grid instability, and regulatory developments are shaping the company\u2019s near- to medium-term earnings outlook.<\/p>\n\n\n\n

Coal benchmarks have shown early recovery, with Newcastle and Indonesian ICI4 prices firming amid tighter supply and steady regional demand. This supports SCC\u2019s average selling prices, although margins remain below peak levels as global coal markets transition into a more normalized pricing environment. The Philippine power market backdrop has shifted materially, with spot electricity prices rebounding due to plant outages, transmission constraints, and peak summer demand. This environment enhances earnings potential for SCC\u2019s uncontracted generation capacity, particularly as elevated wholesale prices are expected to persist beyond first-quarter levels.<\/p>\n\n\n\n

Operational challenges, including unplanned outages and lower plant availability, weighed on recent earnings, but they were largely transitory. Sequential improvements in coal pricing and operating conditions suggest a more stable performance outlook heading into the succeeding quarters.<\/p>\n\n\n\n

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Check how many brokers recommend this stock<\/h2>\n\n\n\n
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All Stock Rankings<\/a><\/blockquote>