EPISODE #67: ABS-CBN Stocks Down by -30% (An Update on Their Future)

Peso Smart PH: Investing in the Philippines

English - July 25, 2020 09:03 - 18 minutes - 25.6 MB - ★★★★★ - 1 rating
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Previous Episode: EPISODE #66: Dividends and Stock Buyback: What's the Difference? - Peso Smart PH

Next Episode: EPISODE #68: Real Estate Investment Trust (REIT) - Should You Invest in Them?

After releasing a press release disclosure last Wednesday, 7/22, ABS-CBN Corporation's stocks was back to trading on Thursday, 7/23, and lost big time. Same thing happened yesterday, 7/24, as it dipped further down to ₱7.64 per share. Although, the company has a solid plan in place on what their future would be like, there's a ton of uncertainty if they can deliver and be on pace to recover as a profitable business.

“The best chance to deploy capital is when things are going down.” -Warren Buffett

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