Quick look at the week ahead

This week is quiet both here and abroad. There are a handful of stockholder’s meetings scheduled, but nothing on the calendar that would impact the wider market.

MB BOTTOM-LINE: That’s not to say that nothing will happen. After all, today is the 1-year anniversary of PLDT’s announcement of its ?48 billion capex overrun. That was certainly a material event with a consequence tree that continues to branch out even today; Annabelle Chua, the ex-PLDT executive at the center of the controversy, was recently appointed to the Monde Nissin [MONDE 8.10 ?1.3%; 158% avgVol] board of directors, and Manny V. Pangilinan recently announced that he would return to helm PLDT [TEL 1260.00 ?0.5%; 203% avgVol] as its CEO, effective December 31.  

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Merkado Barkada's opinions are provided for informational purposes only, and should not be considered a recommendation to buy or sell any particular stock. These daily articles are not updated with new information, so each investor must do his or her own due diligence before trading, as the facts and figures in each particular article may have changed.