Metrobank is issuing subordinated notes otherwise known as lower tier-2 notes as part of their capital build up. The issue has a tenor of 10 years callable by the issuer after 5 years which means Metrobank may redeem the note after 5 years. The note carries a coupon of 7% payable quarterly. If they do not redeem the note, there is a step up feature which will add 2.44% to 80% of the prevailing interest rate after 5 years. The issue size is PhP 5.0 Billion. The co-arrangers are ING Bank and Standard Chartered. The selling agents include the arranging banks, Metrobank, First Metro Investment Corp., and Multinational Investment Bancorporation. The minimum amount for investment is Php 500,000.00 with increments of php 100,000.00 after.
PSEi rallies back up
October 3, 2007 By Leave a Comment
PSEI DAILY CHART
It is, in hindsight, a very big V shaped recovery. Judging from the volume selling on the way down, more people are out than in at current levels. So yes, index may surpass its recent high of 3820, and a correction or before or after this point offers no shame at all for the bulls.
Oscillators (encircled in blue) have risen above corresponding July previous oscillator highs, thus emboldening the cause of the bulls and easing away from a double or triple top scenario. Buy on dips if October offers any chance to collect, as we draw nearer to seasonally strong quarters for bulls.
TEL DAILY
Youtube video of Desperate Housewives episode- “insulting” Philippine med schools
October 3, 2007 By Leave a Comment
Watch this portion of Desperate Housewives episode where Teri Hatcher says the line… " Can I check those diplomas 'coz I just want to make sure that they're not from some med school in the Philippines." Follow this link…
http://www.youtube.com/watch?v=sWqvI2nMUFI
Resto Reviews: Cafe Mary Grace, The Seafood Club, Texas Roadhouse Grill, Mario’s, Crowne Plaza, La Mesa Grill, Cafe Breton
October 3, 2007 By Leave a Comment
What a yummy week. I went to at least 7 restos in just a week. Whew, so much eating… it's a
good thing I do Bikram Yoga to keep my weight down. That's one good thing about Bikram, I don't feel guilty when eating out and I can eat to my heart's content knowing that I will burn it off through yoga. Bikram Yoga Manila owner/guru Tristan said that practicing yoga sort of disciplines your eating habits. And its true, I get to eat french fries, ice cream, chocolates, steak, etc. but I eat only enough to satisfy my craving and not go on an eating binge (which I usually do after I get off a diet plan). All of my friends commented me on my slimmer figure and I proudly told them… "BODY BY BIKRAM".
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