FOR MONDAY
Two corporate bigwigs, JG Summit Holdings Inc. Chairman James L. Go and gaming tycoon Willy N. Ocier, are giving ordinary investors their masterclasses in stock investing by showing how to properly buy low and sell high.
Universal Robina Corporation (URC) disclosed to the Philippine Stock Exchange (PSE) that on Feb. 17 and 18, 2025, Go scooped up a total of 508,440 shares of URC at prices ranging from ₱63.15 to ₱67.00 per share for a total value of ₱32.89 million.
Prior to this, URC disclosed to the PSE that Go, its Chairman Emeritus, acquired on Feb. 13, 2025, a total of 55,240 common shares worth ₱2.78 million from the market at prices ranging from ₱60.80 to ₱61.80 per share. After these purchases, Go now owns a total of 2.33 million URC shares.
For his purchases in these three days, Go has accumulated 563,680 URC shares for ₱35.67 million or an average cost of ₱63.28 per share. Since then, URC’s share price has jumped to ₱74.45 per share last Friday, Feb. 21, 2025, translating to a gross gain of 17.65 percent, with most of it in just three to four days.
“With URC trading at prices last seen in 2012, Mr. Go’s accumulation signals his conviction that the stock is a bargain at current levels,” said Chinabank Capital Corporation Managing Director Juan Paolo Colet. URC’s share price took a hit after the stock was removed from the MSCI.
Meanwhile, DigiPlus Interactive Corporation disclosed that its Board Director Ocier has disposed of a total of 765,300 PLUS shares on Feb. 13, 14, 17, 18, 19 and 20, at prices between ₱35.40 and ₱37.10 per share for total proceeds of ₱27.53 million.
A veteran stockbroker, Ocier acquired 1.95 million PLUS shares from the market last December 2, 4, and 6, 2024, at prices ranging from ₱22.70 to ₱23.40 for ₱45.07 million. At his average acquisition price of ₱23.11 per share and selling price of ₱35.98 a share, Ocier’s windfall translates to a gain of about 56 percent (excluding taxes and fees).
“Mr. Ocier is an astute investor who built up a huge position on PLUS when it was still in the vicinity of ₱20 per share and he’s now starting to take some profits as the stock price has appreciated significantly,” said Colet.
He added that, “In just a few months of holding his shares, Mr. Ocier is sitting on a return of 80 percent to 90 percent so it makes sense for him to cash in some of those gains.” PLUS shares closed at P38.00 each last Friday.
Unicapital Securities Inc. Equity Research Analyst Jeri R. Alfonso said, “Willy Ocier could be unloading more shares since PLUS will be added to the small cap index in the upcoming FTSE rebalancing. The rally (in DigiPlus’ share price) could continue further until March. He will probably top slice and buy again during pullbacks.”
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