Holcim Philippines was incorporated as Hi-Cement Corporation in 1964. Its shares werelisted in the Philippine Stock Exchange through an initial public offering in 1996.In 2000, the company was the surviving entity in a merger with Davao Union CementCorporation and Bacnotan Cement Corporation. Its corporate name was also changed toUnion Cement Corporation (UCC) in the same year.In 2001, Atlas Cement Marketing Corporation, Davao Cement Marketing Corporation, andBacnotan Marketing Corporation were merged into the company. UCC also acquired acontrolling stake in Alsons Cement Corporation between 2002 to 2004.The company was renamed to its present form in 2005.
HLCM’s wholly-owned subsidiaries are Holcim Philippines Manufacturing Corporation; Excel Concrete Logistics, Inc.; Holcim Philippines Business Services Center, Inc.; HuBB Stores and Services, Inc.; and Mabini Grinding Mill Corporation.
- Watch how the price moved from the Reversal Candlestick pattern
- The a series of Indicators assisted us to continue adding on our trade
- Fundamentally this company is in good hands and with Good management Team
- Current government build, build approach also have assisted the company
- Trailing 12-months P/E – is 37 times the current price (still undervalued)
If you have invested in this company the last 0ne year – your profit would have doubled 4 times to almost more then 200%. JUST INCREDIBLE!!!
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