Go for a walk; cultivate hunches; write everything down, but keep your folders messy; embrace serendipity; make generative mistakes; take on multiple hobbies; frequent coffeehouses and other liquid networks; follow the links; let others build on your ideas; borrow, recycle, reinvent.
The Manila leg of COL Financial’s SMart Investing 2016 was held last Saturday, September 3, at SMX Convention Hall in SM Aura Premier, in BGC. The place was so jampacked, which bodes well for our country, as there are many people who want to learn more about investing.
The Philippines’ most trusted online stockbroker, COL Financial, and the largest Filipino conglomerate, SM Investments Corporation, will be sharing their secrets to investing success in this month’s “SMart Investing – COL’s 2016 Wealth Building Summit for the Filipino Investor.”
Based from the sales agent manning the Grace Residences showroom on-site, expected turn-over of Orchid Tower is 1H16 while Lily Tower is towards end of 2016. That means timelines have moved around 6 months later compared to initial timelines provided 2 years ago.
The initial offering was expectedly uber-subscribed that COL Financial even had to raffle off the limited shares to too many interested retail investors.
For other juicy corporate updates, aside from Biz Buzz, you might want to try Cocktales of Interaksyon and Business Incidental of Malaya.
At market price of 11.60 per share, the Php0.45 dividend is already a 3.88% return (not yet net of tax). So what? Well this is among the biggest dividends I’ve received percent wise. The usual I get is 1% to 2% of stock price.
I hope this synergy proves beneficial to the shareholders of the companies involved. Personal disclosure is that I have both SMPH and SMDC shares.
This is no new news. National Bookstore shall enlist backdoor via Vulcan Industrial and Mining Corp (VUL). First official news actually came out around last month which sent the VUL stock price erupting upwards due to speculation and anticipation.
The market was definitely hyped with the news. What if just mere hype? See the sudden increased volume in February as a series of long green candles wrote SMDC’s recent story.