Stock Investing Philippines - Santa Lucia

A year ago, I wrote about Santa Lucia Land.  The price in the market was stagnant and it seems that there was a little future in terms of price appreciation.  When nobody was interested, that's the best time to enter, investors are scared that their money will be tied up.  Many opted to cut losses and play with the big caps and most liquid stocks like MEG, BPI and TEL to say the least.

Santa Lucia Land was conservative but the growth and thee potential are enormous.  The projects in MEGA-Manila, CEBU and Davao are far from the traditional offers.  It caters to upper middle class and position to high end of the property market.  The Santa Lucia East Grand Mall just to say the least is one of thee most profitable middle class mall in the Mega Manila.

"The resounding success in sales and operations prepared SLEGM to join the ranks of other retail giants. On May 18, 1998, Phase III was unveiled which offered bigger spaces and more comprehensive shopping and entertainment facilities that can be compared with the best in Asia. The expansion paved way to a 22,000 square meter, three-level, full-line Department Store that houses the leading brands in the retail industry; more upscale stores and restaurants; and the many firsts in shopping and leisure - a 32-lane Brunswick Bowling Center, state-of-the-art cinemas equipped with Sony Digital Sound System and a 10-meter high ceiling entertainment center called World of Fun where children of all ages can play, party and socialize."

Joining the band wagon of the real estate boom, Santa Lucia opened up the condominium business with a success.  They are La Breza Tower, La Mirada Cebu, Soto Tower Tagaytay, Splendido Taal Towers.  These projects caters to middle class segment with a very high rate of occupancy.  The signature brand of SLI continue to expand rapidly in most of the countries cities. 

What is the reason behind SLI stocks not attractive to investors despite its success?

The First Reunion

This writing is long overdue.  I promised to write the event right after the wonderful get together in Balintukatok, but I was occupied with many stuffs.  This time I am writing  for my beloved sons and daughters.  This is for them, my long distance friends, real family.

We had our first reunion after the semester of 2012, I left them with heavy heart for a heavy reason.  My wife was waiting for me in Dubai.  When I got the chance to visit Philippines in late October of 2013, I never had a second  thought to see my friends again, this time not as a mentor but a real friend.  I headed to Santiago and stayed with my bestfriend and reunited with the big family.  I was elated, almost everyone were there.  Great moment, great time to see each other again.

It was my first time in Balintukatok, a beautiful park in Santiago, we strolled and talked.  We partake food with my kids, a lot of  adobo, pancit, puto, chicken feet and more.  I felt I was a birthday celebrant, I owe them lot of fun.  They were my kids and my beloved friends.  After our dinner, I presented the basics of savings, investing in the stock market, the Philippine Stock Exchange.  I want my children to get the best understanding in money management, saving for you life and enjoy.  This is the basic principle of the New Rich, work, live, enjoy.  Make live of your money and let your money work and earn more for you.

We climbed at the top of the grotto where the Lady of Lasalette was throned.  It was a great fun and full of joy, I could feel the realm of being with a flock.  The flock of the New Rich, the newly empowered young people that will surely lead the country in future.  I was proud of what they have became, they have the attitude and the good values of young generation.  I appreciated their efforts and hardwork, they never gave up, they have shown the good teamwork.  No competition with each other, rather, I felt and convinced that they lift up each other.  This is what the NEW RICH has become.