Wednesday, September 11, 2013

A quickie on VLL

Manny Villar

Basura Swimmer has no further plans to run again for President? He probably feels he had his chance, and missed it with over-advertising. Or is he just building up his war chest again?

Anyway, This comics is now immortal: 


And quickly, merits of VLL as a company:
  • 18% increase in net income and 20% increase in revenue 1H2013 vs 1H2012
  • 8.66 forward P/E at current price. One of Peter Lynch's basic rule is P/E less than earnings increase. Way less could mean a bargain. 
  • Land bank is solid. Good roads leading to them arranged by Villar himself :-) 
  • Plenty of room for growth. 
  • Both Manuel and Manuel Paolo have good academic credentials, and have been in the business for years. 
  • Decent-dividend paying.
  • Manny would know how to plow through bureaucracies--a trait always valuable for an executive. 
  • And who wouldn't want a board chairman who can beat Chuck Norris? 

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