Disclaimer: This is my personal stock chart diary and doesn't suggest any trading tips. Due diligence is a must.

My personal trading mantra: Keep It Simple Stupid

Friday, February 23, 2018

Semirara Mining and Power Corporation $SCC 2018

As of 2/23/2018
Declaration of Cash Dividends

  • Rate: PHP1.25
  • Ex-Div Date: 3/5/2018
  • Record Date: 3/8/2018
  • Payment Date: 3/22/2018
As of 5/7/2018


We disclosed last March 9, 2018 that Unit 1 of SLPGC (Unit 3 of Calaca power plants) was shut down last March 6, 2018 due to abnormal turbine vibration. 

We would like to inform the Exchange that Unit 3 outage will continue for about 90 days to allow the full completion of repairs of the machine.

SLPGC power plant have machinery breakdown and business interruption insurance cover. The company is now closely working and coordinating with reinsurers and their technical consultants to reinstate the unit back to full operation.

  • The latest disclosure caused the price to plunge, down by 5.15%
  • If price breaks the 50MA, expecting next support zone near 23.50

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