Philippine Tourism, Stock Thoughts: MPI, SCC, TA

Philippine Tourism

Growing tourism industry:

http://business.inquirer.net/107517/2012-growth-in-domestic-tourism-exceeds-2016-target

Nice.:)

 

MPI

MPI should liquidate more of its assets to raise cash and one of it is this:

http://business.inquirer.net/107565/marubeni-buys-into-maynilad

More coming perhaps?

 

SCC

Bad news for SCC:

http://www.rappler.com/nation/21780-4-killed-13-trapped-in-semirara-landslide

Temporary disruption in SCC’s operations would bear no long-term damage to a company that has a 90% market share in the Philippine’s coal industry.

 

TA

In my opinion, the Market failed to value TA properly. The market thought that TA’s value is only its power plant. I believe it’s more than that. TA has high probability of declaring property dividend that can be roughly valued at .47 per share. I do not think the market can hold TA’s price down if TA’s value will be unlocked to its shareholders through property dividends.

More here:

https://fundamentalenthusiast.wordpress.com/2013/02/14/speculating-on-trans-asia-property-dividend/

 

 

No post tomorrow.

 

Happy Valentine’s Day! 🙂

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