Question
Which is currently the most expensive stock on the Philippines Stock Market?
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5th Aug 2011 by Professor Sam Orgasm
the most expensive stock is Uniwide Holdings Limited at P000.001 per share. The company was invoived in retail, real estate and entertainment business. Founded by the Gao family, the company started out as a small time fabric store in Avenida Rizal, Manila. With funding from jueteng lord, Atok Gomez ( Chin Chan Chu), the company expanded to grocery items and furnitures. In a span of few years, the company was earning P1 billion in annual revenue ( a substantial amount in the 90s) and offered its share to the public in 1995. Before long, the company was turned over to the 28 year old daughter for management. And the rest is history; after the 1997 financial crisis, the company was not able to recover and was declared bankrupt in 2009.
the most expensive stock is Uniwide Holdings Limited at P000.001 per share. The company was invoived in retail, real estate and entertainment business. Founded by the Gao family, the company started out as a small time fabric store in Avenida Rizal, Manila. With funding from jueteng lord, Atok Gomez ( Chin Chan Chu), the company expanded to grocery items and furnitures. In a span of few years, the company was earning P1 billion in annual revenue ( a substantial amount in the 90s) and offered its share to the public in 1995. Before long, the company was turned over to the 28 year old daughter for management. And the rest is history; after the 1997 financial crisis, the company was not able to recover and was declared bankrupt in 2009.
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7th May 2010 In Philippines
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Subjects: philippines stock market,