Posted by commiedyan on November 20, 2007
Yesterday we said that the price of Geograce Resources had more than tripled in the last 52 weeks. When the price hit ‘resistance’ at P3, the new humor in the past two months was that the prodigal son of Matias Defensor was going to be associated with management. Finally, the news has been officially outed. Yesterday it went as low as P1.76 but settled at P1.82.
We don’t want to rub salt on the wounds of the injured, but the joke really might be on you and the rest of us. After all, the prodigal son, without any qualms about conflict of interest after his failed bid for a senate seat after occupying the environment and natural resources top post, used to mine the nose of the first gentleman.
So, if you want to recover your losses, start saving for the IPO of TPO.
Posted in briefly noted, business, politics | Tagged: geograce, mat defensor, mike defensor, philippine stock market, ron nathan | Leave a Comment »
Posted by commiedyan on November 19, 2007
Vic Mangosteen, the ex-PDI columnist who was the victim of our calumny recently, is right again. The Philippine Onion will be offering shares to the public, hopefully before the end of the year. By that time, everything old would be new again.
Management has authorized us to release the following information:
- TPO has hired IPO consultant the zoftig Rhona Tan Nathan, estranged wife of Ron Nathan, that joke/r of a stock analyst for PDI, and cousin of Dante Tan, otherwise referred to by investors who lost their Victoria’s and Vittorio’s secret underwear in the BW scam as Kawa Tan.
- Management considered a backdoor listing but balked because the basura (garbage) stocks among Ricky Carandang‘s favorites have been hyped up beyond our means. These are supposed to be, or soon to be engaged in mining, including the first gentleman’s nose, said to be full of stalactites and stalagmites, not to mention anthracite and lignite, major fuels warming the globe. The rumor that’s been going around the local bourse on Matias Defensor‘s prodigal son and Geograce Resources has just been confirmed. The price of GEO has more than tripled in the past 52 weeks.
- We’ve also been asked to apologize in advance to the lovely but sad Cilette Liboro and the bubbly Martha Vinzons, who might twist their tongues pronouncing the names of the aforementioned in one sentence in their market updates on ANC.
- Management also hereby apologizes to John Mangun, who was considered for advisorship. But a recent Social Weather Stations (SWS) survey indicated that only exactly 4.01% of investors consider bald or balding analysts credible. So sorry John.
We’ll be releasing a bulletin on the IPO before the end of November. Meanwhile, you can visit the SEC and PSE sites for rumors and gossip.
Posted in business | Tagged: cilette liboro, dante tan, geograce, john mangun, martha vinzons, mike defensor, mining, philippine stock market, ricky carandang, ron nathan, victoria's secret | 4 Comments »