Listing of Shakey's Pizza at the PSE is set today

Photo from Shakey's FB Page

Pizza chain Shakey's Pizza Asia Ventures Incorporated (SPAVI) will be listed at the Philippine Stock Exchange today.

Shakey's Initial Public Offering final price was set to 11.26 pesos per share according to a Rappler article. As for the price for trading at the PSE today, we don't know yet but accordingly, the company's public confidence is high so will be expecting a very active price movement when the trading starts at 9:30AM PST.

I've already set aside my budget for today's trading to try my luck on a company that is just starting to be traded publicly knowing the fact that accordingly, there's a high confidence on this established company and it has long been existing here in the Philippines when they opened their first store in 1975.

Shakey's will also be opening 7 stores before the 2016 ends and 20 stores in line for 2017.

I'm excited how far our investment can go with this company. Let's well it goes later.

UPDATE AS OF RECESS:

Shakey's Low price is at 11.66 while High price was 12.36. I was able to buy stocks at 12.14 it was 0.88 pesos higher than the IPO price at 11.26.