Excellent report on ICTSI. Razon is actually known as a bully in many PH business circles lol, he's been in many fights and his businesses are inducive to these things. He has really good government connections which is often required to compete effectively.
The transparency in these shared information is valuable for understanding consequential investment decision executed. Close monitoring should ensure a buy decision in a most timely price position. Do you also estimate when this position will be reached on a near-term investment horizon ?
Thank you and glad to hear it's been useful. I don't have any time estimates, as I've learned predicting the price action in the near term is impossible for me. I have price ranges in place for ICTSI where I'd buy more or exit and in the near term, the investment decisions would be guided by what its stock price does. And of course, if there's any new information that materially changes its future valuations (profitability or growth rates).
Excellent report on ICTSI. Razon is actually known as a bully in many PH business circles lol, he's been in many fights and his businesses are inducive to these things. He has really good government connections which is often required to compete effectively.
Highly doubt one could ever acquire that much wealth without being tough
Yeah honestly in a country like PH you need to have the dog in you to get anywhere
Seems he has what it takes especially wrt government connections; which is first prize for big business - patronage & protection !
Especially when it comes to port concession dealing with government relationships is crucial. He already has great experience w that
The transparency in these shared information is valuable for understanding consequential investment decision executed. Close monitoring should ensure a buy decision in a most timely price position. Do you also estimate when this position will be reached on a near-term investment horizon ?
Thank you and glad to hear it's been useful. I don't have any time estimates, as I've learned predicting the price action in the near term is impossible for me. I have price ranges in place for ICTSI where I'd buy more or exit and in the near term, the investment decisions would be guided by what its stock price does. And of course, if there's any new information that materially changes its future valuations (profitability or growth rates).