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As an insider, SMC will have a hard time challenging the TELCO giants.... unless they roll out their own back bone networks... and this will incur a lot of costs...

 

SMC already has investment in backbone infra for WiTribe. Add to this Telsta's pre-existing local infra (through their buyout of PacNet). So investment-wise, it may not be that big, but I imagine that it would still be substantial to put up the required cell sites. Considering that PLDT/Smart and Globe earn billions of pesos in revenue, the incentive to invest is there.

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anyone buying PXP and why?

 

SMC - can someone verify that they are going TELCO even without Telstra?

PXP reported bad earnings Friday, I haven't checked the PSE site though. It is a buy on dips if you are anticipating a bounce in oil. speculative play, but i like PXP better than PNX. PNX is "heavier".

SMC is definitely going telco, it will be under the name bell telecom. They badly need a partner though, and it will be kinda hard to get one, magulang si RSA eh, hahahaha.

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I sold PX on 14% gains bought MWC instead which gives me a better position (Confirm strong uptrend and tech indicators). Nevertheless will still keep an eye on PXP once it confirms uptrend.

 

SMC at 5% gains , still waiting for strong uptrend signal.

 

Thank you all for the info. Happy trading/investing! all the best to all of us.

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  • 2 weeks later...

MVP was candid enough to discuss the decline in earnings of PLDT due to structural changes in the revenue mix of the company, cutting its core income (yung walang one-time gains) to lower levels compared to previous years. Yung expectation ay lesser dividends in the next few years as reinvestments will have to happen since PLDT has to focus on the shift to the digital age. MVP's message for me is to temper shareholder expectations, as they are used to strong dividends in the past years. The digital shift continues to hurt the company’s already weak topline, but on the long-term, this will be good for the company.

Timing na lang sa pagbili ng PLDT stocks, and I will take a long-term view on this.

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