Andrew Tan’s Global-Estate Resorts, Inc. (GERI), formerly known as Fil-Estate Land, Inc., (LND) appears to be on track to move even higher in the coming days or weeks. Let me tell you why. [Read more...]
Bullish Reversal On Global-Estate Resorts, Inc. (GERI)?
Bullish Setup Seen In Global-Estate Resorts, Inc. (GERI)
Last July, Global-Estate Resorts, Inc. (GERI) broke out from a 6-month symmetrical triangle formation which [Read more...]
Global-Estate Resorts, Inc. Paced For A Move Higher?
Andrew Tan-led Global-Estate Resorts, Inc. (GERI), formerly known as Fil-Estate Land, was spotted on the traders’ radar in last Friday’s trading when it closed with a 7.18% gain on a high PHP 410,832,700 value turnover. [Read more...]
More Upside Seen On Fil-Estate Land (LND) Part 2
Fil-Estate Land (GERI) hit the stock market headlines once again yesterday when it surged by 9.63% from opening of PHP 2.23 to a closing of PHP 2.39. [Read more...]
More Upside Seen On Fil-Estate Land (LND)
The other day, the deal between Alliance Global, Inc. (AGI) and Fil-Estate Land (GERI) regarding the latter’s sale of 5 billion common shares for PHP 5 billion was pushed back to [Read more...]
Fil-Estate Land (LND) Soared as Alliance Global Buys 50% Stake
It was a jolly Christmas indeed for the holders of Fil-Estate Land or GERI in the Philippine Stock Exchange as its shares zoomed from PHP 1.03 to close 26.09% higher at PHP 1.16 last December 23. News that Alliance Global Group, Inc. (AGI), the holding firm which also owns Megaworld Corporation, is buying 5 billion additional shares at PHP 5 billion in cash sent the LND soaring through the roof. This transaction would increase AGI’s stake in Fil-Estate to 60%. In a report disclosed in the PSE, AGI said that such move is in line with the company’s strategy of investing in tourism projects outside of Metro Manila. Apparently, the company had already disclosed that it will spend about PHP 7 billion in new-tourism developments earlier this month. [Read more...]
