Something caught the Mokong's attention as he was watching an interview of ANC with Mr Mark Canizares (Head of Equities, Manulife Philippines). Near the end of the interview, Mr Canizares said something like <not his exact words>, "We are quite positive on the sectors that have bulk of their exposure in the domestic economy". With the global economy seemingly on the verge of another recession, his statement is very much logical. In addition, with the upcoming elections as catalyst for revenue growth, why not expose oneself to ABS? The Mokong observed that since last week, Mandarin has been accumulating large volumes of ABS. In fact, Mandarin was selling ABSP in exchange of ABS. Looking at its chart, ABS is already on the verge of a breakout.
Would Mandarin force this stock to higher levels? Or would the public take notice and participate? One thing is for sure: people get the government they deserve.
Would Mandarin force this stock to higher levels? Or would the public take notice and participate? One thing is for sure: people get the government they deserve.
No to Political Dynasties!!! AHOOO!!! AHOOO!!!
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