FY ended Dec 31, 2013 · figures in Php except per-share rows
| Item | Current | Previous |
|---|---|---|
| Current assets | 397,025 | 3,769,812 |
| Total assets | 4,128,862 | 3,952,649 |
| Current liabilities | 23,669,384 | 22,129,224 |
| Total liabilities | 23,669,384 | 22,129,224 |
| Retained earnings/(deficit) | -831,455,914 | -830,092,017 |
| Stockholders' equity | -19,540,522 | -18,176,575 |
| Stockholders' equity (parent) | -19,540,322 | -18,176,425 |
| Book value per share | ₱-0.02 | ₱-0.02 |
| Item | Current | Previous |
|---|---|---|
| Gross revenue | 340(-94.2%) | 5,839 |
| Gross expense | 1,364,287 | 3,103,046 |
| Income/(loss) before tax | -1,363,947 | -3,097,207 |
| Net income/(loss) after tax | -1,363,947 | -3,097,207 |
| Net income/(loss), parent | -1,363,897 | -3,097,157 |
| EPS (basic) | ₱-0.00 | ₱-0.00 |
| EPS (diluted) | ₱-0.00 | ₱-0.00 |
Asia Amalgamated Holdings Corporation (AAA) was originally incorporated as Sulu Sea Development Corporation on October 7, 1970 to engage in the business of hydrocarbon, petroleum and oil exploration and production in the Philippines, with small mineral exploration interests. Following the change in the majority ownership of the Company from the National Development Corporation to the present majority stockholders, the Securities and Exchange Commission approved on October 6, 1995 the change of the Company's name to the present one and its primary purpose to that of a holding company.
During the first five years of its operation as an investment holding company, AAA made significant investments in various businesses such as financial and banking services, distribution of household water filtration equipment and industrial waste water treatment, water transport services, and non-life insurance brokerage. AAA incorporated three subsidiaries, namely, Unikleen International Corporation, involved with water treatment/store/filter; Marilag Transport Systems, Inc., involved with ferry boat operations; and ESBI Insurance Brokers, Inc, a non-life insurance broker.
The economic crises that beset the country in 1998 put AAA's main affiliate and major source of business, the Uniwide Group, in a very serious financial problem and had made a significant impact on AAA's operations. From then onwards, AAA began to cease the operations of its subsidiaries one by one due to continued financial losses. Beginning the year 2002, none of the subsidiaries had resumed operations.
As of December 31, 2013, Mr. Jimmy N. Gow and Uniwide Sales, Inc. combined own approximately 89.88% of AAA. Mr. Gow and his family are also majority owners of Uniwide Holdings, Inc., a company established under the name "Uniwide Sales" and to consolidate the real estate business of the Gow family. AAA is the holding company that will handle the non-retail and the non-commercial real estate operations of the Uniwide Group of Companies.
Asia Amalgamated Holdings Corporation trades on the Philippine Stock Exchange under the ticker symbol AAA.
AAA is listed in the Holding Firms sector of the Philippine Stock Exchange, where it ranks #22 of 31 by market capitalization. Across the whole exchange it is #205 of 282, at ₱1.3B.
PSEye has no cash dividend on record for AAA in roughly the last two years. That is a statement about the corporate actions published on PSE Edge over that window, not a guarantee the company has never paid or will not pay one.
In its latest annual filing (fiscal year ended Dec 31, 2013), AAA's revenue fell 94.2% versus the prior fiscal year. That's one year-over-year comparison, not a multi-year trend, so check the Balance sheet & income statement panel above for the full figures before drawing a conclusion.
PSEye doesn't rate stocks as good or bad buys. What this page can tell you is factual: where AAA ranks by market cap (#205 of 282 on the exchange), its price history, valuation ratios, dividend record and recent company disclosures, all shown above. Whether that adds up to a good stock depends on your own criteria, and is worth researching beyond any single page, including this one.
PSEye is a data tracker, not a financial advisor, so it can't tell you whether to invest in AAA or any other stock. The price, valuation, dividend and disclosure data on this page is meant to help you do your own research. Consider your own goals, risk tolerance and time horizon, and consult a licensed financial advisor before making an investment decision. If you're weighing a fixed, regular investment instead of a single lump sum, PSEye's DCA calculator shows how that strategy would have performed historically.
To buy AAA shares, open an account with a PSE-accredited stockbroker (most Philippine banks and several standalone brokers offer online trading accounts), fund it, and place a buy order using the ticker symbol AAA. A completed trade typically settles two trading days later (T+2). PSEye doesn't process trades or recommend a specific broker.
Delayed/EOD data, not real-time. Figures are statistics on past closing prices, not a forecast.