Monday, September 3, 2012

Tanduay Bought by Lucio Tan

I will have to say wow. I was invested in Tanduay because of its strong dividend payouts and consistency. But good news came and Lucio Tan bought majority of the shares, making Tanduay one of the biggest beverage conglomerate in the Philippines. My holdings went up by 400%.

But this week, they added additional shares. Which I do not like. So I went out to search for a better investment. But 400% is good for me.

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