There a lot of going on in terms of economic development. There are a lot of infrastructure building along major highways in Metro Manila. Although, airport construction in Davao might not push through but most of the earmarked projects seems to be going as planned.
Some people who helped the president during election is getting some good share of the opportunities. Dennis Uy gets provisional license to build resort casino in Cebu worth 341M USD. He currently owns a petroleum, shipping, logistics and real estate companies. He has a lot going on with his life right now and he is younger that me! Damn, I would be very happy if I own just a gasoline station!
MRGSI - not sure why the stock price still below 4? Is it because the management is not taking advantage of its growth potential? I think it should emulate what Double Dragon (DD) is doing in terms of growing up its business. A bit of aggressiveness and couple of press releases would encourage investors to take a second look on how this company is doing. I think it is time for MRSGI not only to expand its leasable space but to start building up online infrastructure like Ayala.
I read one good analysis from one of the stock trader's facebook group. He thought that physical store such as Metro would eventually fold to online store. If we could have something similar to Amazon, then eventually people would shop online instead of going to a physical store. But that would be a couple of years from now to become a reality. But if trader's are going long for the stock, then, having a 10 or 20 years vision would definitely help.
Maybe MRSGI need a little prodding right now.
DMCI - I should be getting 48 cents dividend from BPITrade. I checked and still not credited in my account. I hope next week I would see increase in my available balance :-).
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