Manila Electric Co (MER.PS)

MER.PS on Philippine Stock Exchange

257.00PHP
2 Sep 2014
Price Change (% chg)

Php3.00 (+1.18%)
Prev Close
Php254.00
Open
Php254.00
Day's High
Php258.00
Day's Low
Php254.00
Volume
361,830
Avg. Vol
315,761
52-wk High
Php317.00
52-wk Low
Php246.00

MER.PS

Chart for MER.PS

About

Manila Electric Company (Meralco) is principally engaged in the distribution and supply of electricity. The Company’s market is categorized into four sectors: Residential, Commercial, Industrial and Streetlighting. This includes Metro Manila, industrial estates and urban and suburban areas of adjacent provinces. The Company has... (more)

Overall

Beta: 1.40
Market Cap (Mil.): Php286,283.09
Shares Outstanding (Mil.): 1,127.10
Dividend: 5.91
Yield (%): 1.36

Financials

  MER.PS Industry Sector
P/E (TTM): 16.44 14.77 15.55
EPS (TTM): 15.45 -- --
ROI: 10.07 2.05 19.13
ROE: 23.53 2.11 25.94
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Philippines eyes emergency powers to jolt electricity supply

MANILA, Sept 2 - The Philippines government may be forced to declare emergency powers to tackle a looming electricity shortage from 2015 as private firms struggle to build new capacity, but faces opposition from business groups worried about higher costs.

4:27am EDT

UPDATE 3-Typhoon takes aim at China after killing 38 in Philippines

MANILA, July 17 - The Philippines set to work clearing debris, reconnecting power and rebuilding flattened houses on Thursday after a typhoon swept across the country killing 38 people, with at least eight missing, rescue officials said.

17 Jul 2014

Typhoon kills 10 in Philippines but eases before heading for China

MANILA - A typhoon killed at least 10 people as it churned across the Philippines and shut down the capital, cutting power and prompting the evacuation of more than 400,000 residents, rescue officials said. | Video

16 Jul 2014

UPDATE 9-Typhoon kills 10 in Philippines but eases before heading for China

MANILA, July 16 - A typhoon killed at least 10 people as it churned across the Philippines and shut down the capital, cutting power and prompting the evacuation of more than 400,000 residents, rescue officials said.

16 Jul 2014

Philippines set to start LNG imports by early next year

* Energy World says its LNG import hub, power plant to start 2015

09 Jun 2014

Philippines' Meralco posts flat Q1 net income

NOTE: Manila Electric Co (Meralco), the Philippines' biggest power utility, is controlled by Hong Kong-listed conglomerate First Pacific Group via unlisted Beacon Electric Asset Holdings Inc. It is also partly owned by Philippine conglomerate JG Summit Holdings Inc. . ($1 = 44.6 pesos) (Reporting by Siegfrid Alegado in Manila; Editing by Anand Basu)

28 Apr 2014

Hong Kong and Philippines settle spat over 2010 bus tragedy

HONG KONG - Hong Kong on Wednesday scrapped travel sanctions against the Philippines after Manila offered an apology and compensation for a hostage tragedy almost four years ago, settling a lengthy diplomatic spat between the two.

23 Apr 2014

Meralco dealt blow as Philippine court freezes rate hike move

MANILA, April 22 - Manila Electric Co (Meralco) , the Philippines' biggest power utility, suffered a setback on Tuesday in a bid for a hefty rise in short-term tariff as the Supreme Court extended indefinitely a freeze order on the firm's rate hike petition.

22 Apr 2014

Manila files corruption cases against three senators for misuse of funds

MANILA - Philippine government prosecutors will file plunder cases in an anti-graft court against three senators for misuse of congressional funds worth billions of pesos, a breakthrough in Manila's fight against corruption, officials said on Tuesday.

01 Apr 2014

Philippines' San Miguel 2013 net income up 210 pct

MANILA, March 27 - San Miguel Corp, the Philippines' most diversified conglomerate, posted its highest full-year profit in four years in 2013 largely on gains from the sale of its stake in Manila Electric Co (Meralco).

27 Mar 2014

Earnings vs. Estimates

Analyst Research Reports

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Wright Reports
$75.00
Provider: GlobalData
$125.00
Provider: GlobalData
$250.00

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