Salim exit plan? Lance being groomed to replace MVP as Gokongweis take over PLDT, Meralco

The deal, however, was scuttled due to vigorous opposition from Pangilinan who was not yet ready to relinquish his throne in First Pacific’s Philippine business empire.

Pangilinan was backed by PLDT allies Cojuangco and Yuchengco groups when they still had influence in PLDT’s boardroom back then, in repelling Gokongwei’s takeover.

It might have taken him nearly two decades to take the prize but it would surely be worth the wait for Gokongwei. READ MORE

TECHNICAL CHARTS

CPH Potential is high as they move to new strategies
MER is starting to make its move after a long period of decline – nice bullish chart pattern
TEL (PLDT) Nice CUP & HANDLE bullish pattern for a good rally soon

KEY TAKEAWAYS

  • The recent news of swaps will make these shares good value
  • All the 3 companies have taken a massive beatings and we believe is a bargain price right now
  • All technical charts shows for good price movements

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