Alliance Global (PSE: AGI): Another favorite. Back in global recession, this used to cost 4 each. Now, less than a decade later, stock price is now at 30.40.
Closing price of MER as of 01Oct is PHP295, up from PHP286 the day before. Still, if SMC sold at just PHP235 per share, that would give them substantial profits since they bought MER at PHP90/share in 2009.
Growth rate of earnings (net income) shows that the company and its value is growing. And if the company value is growing, that means the stock prices ought to grow too.