Every year, market participants see August as ghost month, and this year, according to Chinese Lunar calendars, it will be from Aug 3 to 31. During this period, believers do not make any major investments, transactions or agreements as the period is well, inauspicious.
To say that 2015 was a tough year for investments is an understatement. We had a tough 2014, we thought we have recovered at the start of 2015, only to end lower from where we started the year.
For other juicy corporate updates, aside from Biz Buzz, you might want to try Cocktales of Interaksyon and Business Incidental of Malaya.
It really helps to know what’s going on down there, micro-level and not just approaching policy-making on a macro-perspective. Boys, take your cue from the Ayalas.
Value investors buy when the market is selling — they buy the panic. And they head to the fire exits while we are still partying, even before the fire starts, before the stampede – they sell to the greedy.
When we moved to northeast of Metro Manila, part of me was thinking (and wishing) that development up north will soon (or slowly) catch up with that of the south.
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.