Utilities Should be Publicly-Listed

[niky]

The state? Crack the whip? We wish.

It takes big money to win elections. And guess where that money comes from?

"You scratch my back, I'll scratch your balls..."

I'm starting to sound like uls...

:hysterical:

[uls]

hahaha

I make you rich, you make me rich

[tidus1203]

And yet again survival of the fittest. The strong want to associate with the strong, and leave the weak to bite the dust.

[uls]

exactly

[jpdm]

Philippine Star


Business

[SIZE=3]Heat is back on big oil companies[/SIZE]

BIZLINKS By Rey Gamboa

Monday, November 10, 2008

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Being publicly listed, at least Petron, is able to share its bounty with local stockholders and the government, which until now holds 40 percent of the company’s equity.


[SIZE=3]Shell, however, is still unlisted in the local stock market and has managed to elude the deregulation law’s decade-old provision[/SIZE] that requires crude oil refining firms to list in the local bourse. Thus, Cong. Gullas noted that only its foreign-based shareholders get the bulk of the benefits from oil’s price volatility.

The government should punish Shell!!!

Regulators should force Shell to list in PSE.

[True Faith]

Though the deregulation law do not require distributors and importers of oil to list in the local bourse, amendments (in the deregulation law)should be introduce to include these oil companies and force them to go public...especially Chevron, Total, Unioil, Seaoil and other oil players.

[jpdm]

Independent Power Producers (IPP)should also go public.

[True Faith]

Petron, a publicly listed company might be bought (or controlling stake)by San Miguel Corporation (another publicly listed company)from Ashmore (UK).

Well, San Miguel is just bought a big chuck of Meralco from GSIS.

Im not sure if this is good for the public.

[True Faith]

What happen to the privatization of NAPOCOR?

[jpdm]

What happen to the privatization of NAPOCOR?

Well, actually there are rumors going around that some corrupt government officials do not want NAPOCOR privatized because of the commissions that they get from anomalous government contracts (like the purchase of coal from Indonesia)...

Puro talaga buwitre nasa gobyernong bulok na ito..