San Miguel shares are soaring high after the company partly got out of the shadow of Danding. Hmmm... yeah, good! But not that impressive.
Foreign credit ratings agencies now warn that they might cut their ratings on San Miguel which announced that it was investing in other businesses such as mining, utilities, infrastructure, and power.
Whatever! Basta!
You can never be at ease when you invest in companies that are linked to government and politics. Yes, that even includes PLDT, even though it is performing well. You can never be assured of its continued positive performance, as it still exists under the shadow of some past administrations. Aside from SMC, others may include PNB, Meralco, Maynilad, and most interestingly, the companies where GSIS and SSS have substantial investments.
DISCLAIMER: BUBWIT IS NOT A PROFESSIONAL FINANCIAL ADVISER. HE IS JUST A POOR IDIOT PRETENDING TO RICH AND FAMOUS. IN OTHER WORDS... DUGYOT ANG AMBOT!
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3 comments:
Right on the money!Woooooooo!
Sauce! Pa-humble si dudong! naku kelangan bumili ka na rin ng shares ng SM! hahahaha..para pag nagskyrocket ang price e libre mo kami..kahit thin crust lang..hikhikhik
Are you allowed to buy stocks? =)
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