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July 14th, 2022 12:08 PM #10It blamed ALI’s fall from grace to “murky growth outlook, elevated residential inventory and cancellations.”
JP Morgan reckoned it would take more than 21 months for ALI to sell its inventory of residential properties.
Profit margins are likely to erode further as ALI will unlikely be able to increase its average selling price and will be forced to give easy payment terms in view of the weak demand and high interest rates.
Giant has fallen: Ayala Land loses premium as Sy-blings’ SM Prime, Frederick Go’s Robinsons Land take top spot among property stocks – JP MorganLast edited by Monseratto; July 14th, 2022 at 12:54 PM.
Means "Sedan" in japan... Sakanila yung civic na 1997 may ferio sa ilalim nang civic na logo at...
Civic horsepower