Quote Originally Posted by dr. d View Post
errr.. who's ramon ang, and why does his name have to be mentioned?
pennies per liter x big volume is typical chinese formula...

and is just possible, that location is what brings motorists to that station and not price?
Ramon Ang owns San Miguel Corp, who in turn owns Petron Corp. Also the 32nd richest man in the Philippines according to Forbes.

Yes location plays an important role, but so does pricing. When the price war was first started, that Petron was doing 1.4 million liters per month. When Shell SLEX and Zapote, as well as Total and Caltex Filinvest followed suit and dropped prices, the site's volume dropped back to 800-1M.


Sent from my iPhone using Tapatalk