Philippine Economy Talk

[dr. d]

dennis uy on a divesting spree


Dennis Uy open to selling other stakes in companies | Philstar.com

... something we should be worried about...?

[marky2115]

From buying spree to divesting spree.

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[Ry_Tower]

... something we should be worried about...?

For his creditors, definitely, for us I don't think it would matter much. Though if magsara Phoenix or Dito medyo madami din mawawalan trabaho kasi I'm sure it's not easy to replace those companies. Plus Shell, Petron and caltex wouldn't buy Phoenix and operate those gas stations so close to their own stores.

[baludoy]

... something we should be worried about...?

Like the gentleman from palawan said, not particularly. Unless you're one of uy's creditors. [emoji1]

do what you gotta do so you can do what you wanna do

[dr. d]

Like the gentleman from palawan said, not particularly. Unless you're one of uy's creditors. [emoji1]

do what you gotta do so you can do what you wanna do

is he selling because of his financial state?
or is he selling because of the nation's economic state?

i'm not a businessman. i'm not an economist.

[baludoy]

^I reckon it's a combination of both.

Uy wasn't counting on a massive black swan event w/c erased the rosy projections our economy had pre-pandemic (but even then the economic figures were a bit lackluster already). He gambled too much too soon and i'm guessing he was banking on a white knight w/c was no longer willing or capable of back stopping him.

To put it simply, he's just plain over exposed.

do what you gotta do so you can do what you wanna do

[uls]

[Monseratto]

One word for this... MISMANAGEMENT

[kagalingan]

^
what do you expect?

- No population control,
- Lahat pasado sa LTO.
- No capping sa parating na kotse at motorcycles.


Just too democratic. Ang dami collateral damage. Tapos ngayon nagkakanda leche-leche sa pandemic.

Ano ba sinasbi ko dati pa = Zoning/ Control

Eh waley, mga noypisss puro padamihan ng pera. Maliligtas ba kayo nyan ngayon????

Again ano ba tinuturo sa mga top school ng pinas?

Troll ba ako aka kagalingan? Bakit tumutumpak post ko????

[dr. d]

^

Troll ba ako aka kagalingan? Bakit tumutumpak post ko????

errr,
yes?
heh heh.