Driven by national interests, the company will be on the lookout for acquisitions. |
The economy is picking up and corporate profitability has recovered. |
The tax is a one-off. As long as interest income and fee income are good, the operating side is doing fine. |
There are lots of positive developments at the moment, with economic growth continuing to be very strong and liquidity flowing into the country. I expect the strong rally to continue. |
This is not the first time that something like this has happened in the Philippines. If your view is that the fundamentals are improving, then this short-term political instability is a good buying opportunity. |