Quick takes from around the market

Bank of Commerce [BANK 12.50 pre-PSE] [link] IPO approved by SEC. Can BANK, a bank, bank on conducting its IPO on March 23, as scheduled? Hard to say, given the PSE’s recent interest in delaying IPOs to avoid “saturation”.

Filinvest REIT [FILRT 7.43] [link] declares P0.112/share cash dividend out of Q4/21 earnings. This is the same dividend that FILRT declared in Q2/21 and Q3/21. We don’t have FILRT’s Q4/21 quarterly report yet, so we will still need to wait to see if it was able to grow net income for a third straight quarter.

Metro Pacific Investments [MPI 3.69 ?2.50%] [link] board approves P5 billion share buy-back program, with the stated goal of increasing shareholder value and confidence. 

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Merkado Barkada's opinions are provided for informational purposes only, and should not be considered a recommendation to buy or sell any particular stock. These daily articles are not updated with new information, so each investor must do his or her own due diligence before trading, as the facts and figures in each particular article may have changed.