Guessing a stock’s price
common shares. These entries of 50.62 percent, which would be equivalent to 1,018,258,477 - standing shares.
A public ownership report at 50.62 percent ICTSI’s publicly owned common shares, which, when computed, are equivalent to 1,018,059,927 common shares common shares. (1,018,059,927 0.5062451265244459, which, when converted to percent equals 50.625 percent while equals 1,018,059,927.)
The same POR listed ICTSI’s seven- person board as either direct or indirect holders of eight ICTSI executives directly
Two principal stockholders - ternational Port Holdings Inc. directly held 279.675 million ICTSI common shares, and indi common shares for total holdings Group Shareholdings directly shares, or 10.97 percent.
As an affiliate, ICTSI Warehousing Inc. directly owned or 0.04 percent.
Annual meeting
In a preliminary information statement (PIS), ICTSI said it will hold its annual stockholders’ meeting on April 11, 2019. The company disclosed that as of Jan. foreigners own 1,225,095,945 ICTSI common shares, or 45.180 - ing capital stock, and 786,477,498 common shares, or 29.004 percent, respectively.
Computed in another way, common shares equal 60.902 per - ers’ 786,477,498 ICTSI common
In addition to their ownership also own 700 million voting preferred shares. The additin makes them owners of 1,925,095,945 common and voting preferred shares which represent 70.996 per capital stock.
700 million ICTSI voting preferred shares in addition to 1,225,095,942 ICTSI common shares, foreign’ ownership was limited to common shares. Thus, they are entitled to vote only their 786,477,498 common shares, or outstanding ICTSI capital stock.
- lion non-voting preferred shares, which are equivalent to 29.10 - standing shares.
Due Diligencer’s take
1,225,095,945 ICTSI common shares and foreigners’ 786,477,498 ICTSI common shares had paper value of P140.886 billion and P90.445 billion, respectively.
These were only in paper because trading on listed common shares takes place from Monday share changes, so does the volume or number of shares traded.
share prices closed at P115, which common shares and foreigners’ 786,477,498 ICTSI common shares market value of P140.886 billion and P90.445 billion, respectively.
Of course, these were only the paper values of stockholders because they are not selling. As a matter of fact, they could have gotten more if they were to sell at 52-week high of P122 per ICTSI common share.
The public stockholders could have benefited more had they acquired their present holdings at 52-week low of P76.95 and sold at the stock’s one-year high of P122. The problem, though, is nobody knows when a listed stock’s price would stop falling.
The same thing is true with rising stocks. Who among the public will be able to guess when the price of listed common shares will rise or fall or cease rising or falling? Just asking.