SM Prime Holdings Inc (PSEI stock code: SMPH)
- Widely known for SM department store and supermarkets
- Various business units such real estate, malls and convention center
- Just like any other real estate are prone to real estate bubble
- Owned by richest person in the Philippines, means there is cash for expansion
- Expanding in other countries
- Malls act as distribution channel for most products in the country, thus rentals or price margins are easy money.
- Cash dividend
This is not a recommendation.