Calata
ABSOLUTE TRADERS & CONSULTING SERVICES, INC. is pleased to announce, as financial adviser, the intent of CALATA CORPORATION to list in the Philippine Stock Exchange (PSE).
Calata Corporation, the largest distributor of agrochemicals, feeds, fertilizers, seeds, and veterinary medicines in the Philippines has filed last December 2011 with the Securities and Exchange Commission (SEC) to list its shares in the PSE via Initial Public Offering (IPO). The purpose of the IPO is to raise funds for the expansion of its distribution outlets and finance its working capital requirements.
Among its clients are B-Meg of San Miguel Corp. for Feeds, Syngenta, Bayer, Jardine, Dupont, and Sinochem for Agrochemicals, Viking (Yara) and Swire for Fertilizers, Monsanto and East West Seed Company for Seeds, and San Miguel Corp. for Veterinary Medicines.
In a prospectus filed with the SEC, Calata Corporation said it would raise as much as PHP 540.18 million from the sale of 72.024 million primary and secondary shares at an offer price of up to PHP 7.50 each. The offer shares, equivalent to approximately 20 percent of the company’s issued and outstanding capital stock, will be listed on the second board of the Philippine Stock Exchange.
The offering consists of 36.012 million common shares from the company’s authorized but unissued common stock and the same number of common shares to be offered by various stockholders. Net proceeds of P242.358 million will be used primarily to establish additional distribution outlets and fund general working capital requirements.
Unicapital Inc. was tapped as the issue manager and underwriter, while Absolute Traders and Consulting Services Inc. would act as the financial adviser.
Calata Corporation has more than PHP 1.8 Billion in revenue and has consistently ranked in the top 1000 Corporations in the Philippines according to Business World and Biz News Asia. Joseph Calata is the chairman and CEO of Calata Corporation.
To know more about Calata Corporation, please visit their website at: http://www.calatacorp.com/
Read more on the Biz News Asia Magazine

				
				
Stock Market Forum



Absolute Traders & Consulting Services, Inc. held a stock forum last January 6, 2012 at the 7F Peak Sun Building in Shaw Boulevard, Mandaluyong City. The event was a success as more than 250 participants attended the forum. Participants came from all walks of life – students, employees, full time traders, brokers, and first-time investors.
The large turnout was indeed a surprise given that the event invitation was only posted via Facebook on January 2, Monday, 4 days before the actual event. The facebook event invite was just originally set for 100 guests. However, due to huge public demand, Absolute Traders had to open the invite to 200 guests 2 days after.
Pael Supangco, analyst of Angping & Associates Securities, Inc, provided the fundamental outlook for the Philippine Economy. Bonner Dytoc, Senior Instructur & Chief Financial Officer of Absolute Traders, provided the technical outlook of the Global and Local Indices. Ron Acoba, Equity Portfolio Manager of the Bank of the Philippine Islands, provided his views on which stocks investors should look at. Zandro Zulueta, Chief Executive Officer of Absolute Traders, conducted the Q&A segment. Finally, Mr. Jerry Angping gave an inspiring talk on why we should buy Philippines. Jaycob Yedra, Research Head of Angping & Associates Securities, Inc and Dara Ko, Analyst of Absolute Traders, presided over the activities.
Participants were very much satisfied with the outlooks and stock tips provided by the different analysts and technicians. The company was able to get lots of good feedback about the event. The attendees also expressed their huge interest in attending the next event.

				
				

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