http://www.bloomberg.com/apps/news?p...u.0&refer=home
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wanna get free gas?
Go work for Gokongwei.
hehe
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Tsikot Member Rank 4
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May 8th, 2008 04:10 PM #1
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carb cleaner addict
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May 8th, 2008 05:26 PM #2bigla nga raw tumaas ang shares ng petron sa stock exchange.
sayang ito sa part ng phil. gov. dahil performing asset ito.
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CELTICS FOREVER
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May 8th, 2008 05:33 PM #3Let the real businessmen run the corporate world....not the polticians.. I believe the gokongwei will transform petron into a notch higher oil company. ....they want petron because of their cebu pacific planes who consumes jet fuel. it is a win win situation for the government and jg summit...hope they can sell low cost fuel like their low cost airline.
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May 8th, 2008 06:05 PM #4It will be definitely good for the country as a whole because a very professional Filipino conglomerate will buy a leading oil and petrochemical company...
There will be synergy with the entry of JGSummit into Petron.
JGSummit through its JGSummit Petrochemical Corp.-the only integrated petrochemical company operating in a very lucrative resin and plastic industry in the country-will tremendously benefit especially with the recent opening of Petron's PetroFCC and Propylene Recovery Unit (PRU) plants because the products of these plants will supply the raw material requirements of JGSummit....
For instance, JGSummit owns C2 brand and Nestle Mineral water...these products needs plastics or PET bottles, raw materials come from these petrochemical plants. So costs will be reduced if requirements come from JGSummit's other firms....
Malaki kita sa petrochemical plus the no.1 position of Petron in the oil industry (40%) with the biggest and most modern refinery in the country (an advantage because imported refined oil products are more expensive), solve problem nila sa oil price fluctuation at makikinabang ang Cebu-Pacific airline......
Sana Bilhin na ng Gokongwei hindi lang yung government stake pati na yung sa Aramco-Ashmore....
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www.bigbigcar.com
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May 8th, 2008 06:23 PM #5Are you sure?
Originally Posted by uls
We aren't even getting free drinking water. Hehe.
:rofl:
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May 8th, 2008 08:19 PM #6parang ang intindi ko sa news binibili niya (JG) yung share ng Aramco na binenta ng government natin sa aramco dati. may share pa palang natira ang gobyerno natin?
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CELTICS FOREVER
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May 8th, 2008 10:36 PM #8imagine mo lahat ng petron meron ministop and handyman. uniform ng gas boy litton textile...ursumco sugar central makes biofuel...all stations uses sun cellular plus load...lahat ng summit magazine esp. top gear available sa petron.
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May 9th, 2008 12:04 PM #10For the purpose of discussion, won't there by any ill effects with the government losing control of its Petron stake?
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May 9th, 2008 01:28 PM #11From what I know, government still has a right of first refusal over the shares of ARAMCO in Petron. If they choose to exercise it, no sale can be made to the Gokongwei group over these shares. The government has lost control over Petron a long time ago. So, it's not as if buying back the shares will result in any immediate benefits for the consuming public --- especially if the objective is to try and lower pump prices. Originally Posted by Stoner
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May 9th, 2008 12:12 PM #12ummm... Originally Posted by mazdamazda
free Sun text and calls? free cellphone?
free seat on Cebu Pacific?
Last edited by uls; May 9th, 2008 at 12:14 PM.
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Originally Posted by uls
