BTW I tried to HOLD on to CPG and profit ballooned. See it here!
I found a good image about MPI (pics not mine, credit goes to PESO and SENSE).
Should I say more? They control everything! I mean't monopoly! They can switch your power off! They can dehydrate you! Which will lead you to their roads going to the hospital!
This is like a PLDT stock at a very very affordable price. PLDT now range P2000 per share or $25 Dollars.
If they ask me what can a 5 peso buy these days? I will say , I can buy Meralco, Maynilad, and many hospitals!
Fundamentally this is a recession proof stock and can give you dividends through tough times! Don't be bothered if they sell outside. Foreign investors are good for the stocks! It makes the price low.
MPI
*I always love to buy going up! Up Up and away. Suspersayan style(Spyfrat). Check out how a two peso stock became a hundred. He's married by the way!
If you want to learn the Warren Buffet Style of Investing for free!
Latest News on MPI
ReplyDeleteMANILA, Philippines—The Japanese trading giant Marubeni has finalized a deal to buy a 20 percent stake in Maynilad Water Services Inc., coming in as a strategic partner of the Metro Pacific-DMCI consortium.
The deal trims the economic interest of infrastructure holding firm Metro Pacific Investments Corp. in Maynilad by 4 percentage points to 52.8 percent and DMCI Holdings, by 16 percentage points to 25.24 percent, said a joint statement disclosed by the two local companies to the Philippine Stock Exchange on Thursday.
Marubeni is buying into Maynilad through an affiliate and will acquire a stake of 21.54 percent in DMCI-MPIC Water Co., the joint venture holding company which will hold 92.85 percent of the shares in Maynilad. This translates to a fifth of the economic interest in the operating unit Maynilad.