DEFAULT LOAN: DITO HOLDERS READ THIS!

Let me first disclose that I have no DITO Stock as of the moment. I am not a pro DITO nor am I against it.

Truth lang at information ang ibibigay ko.

“Banks move to declare Davao’s Dennis Uy in default after missed Clark lease payments”

Yan ang headline ng news mula sa Business Inquirer and I guess susunod na din magbabalita ang iba.

(Read more: https://business.inquirer.net/354135/banks-move-to-declare-davaos-dennis-uy-in-default-after-missed-clark-lease-payments#ixzz7Zr0D8Noq
Follow us: @inquirerdotnet on Twitter | inquirerdotnet on Facebook)

ANO BA IBIG SABIHIN NITO?

“Banco de Oro Universal Bank, the country’s largest private financial institution, moved to foreclose on the loan collateral of Dennis Uy of Davao late Friday, firing the opening salvo in a series of moves that — depending on the ability of the controversial businessman to settle his obligations in four days — could lead to the largest corporate default in Philippine history.”

This reminds me of MEG.

Para makipag usap or makipag negotiate ang MEG sa BIR ay naglabas ng closure order.

Ano nangyare after?

It was clearly stated sa baba ng news on what the bank’s intention was.

A bank official said the BDO’s intention in serving the foreclosure notice was not to seize Uy’s assets, per se, but to force the businessman to come to the negotiating table.

“Foreclosure is not the preferred option,” he said. “The situation can be remedied if they are willing to work with the banks.”

To bring more light sa pangyayare ay mismong UDENNA na ang nagreply.

That reply alone should stopped any further issue but this is DITO.

What do I mean by that?

Here let me show you.

DITO POSTPONES SRO DUE TO UNFAVORABBLE MARKET CONDITION.

(https://www.philstar.com/business/stock-commentary/2022/01/31/2157588/dito-postpones-sro-lack-interest)

Ano ang result?

Mahigit 10 news about how that was the end of DITO.

(https://bilyonaryo.com/2022/01/29/pse-reputation-tarnished-dennis-uys-dito-could-face-sanctions-for-unilaterally-canceling-p8-b-sro-days-after-the-deadline-collecting-other-peoples-money1/)

(https://business.inquirer.net/339895/pse-dito-minority-investors-to-be-hurt-by-cancellation-of-p8-billion-rights-offer)

(https://journalnews.com.ph/dito-may-lose-its-franchise-due-to-cancellation-of-p8-b-sro/)

Plus penalty from PSE.

Regulators penalize DITO, Chinabank for cancelled SRO | VG Cabuag (businessmirror.com.ph)

What if hindi DITO ang nagcancel ng mga plans?

Hmmm…lets say kunyare ACEX nagcancel ng SRO/FOO.

(https://www.philstar.com/business/2022/06/03/2185835/ace-enexor-cancels-fundraising-due-unfavorable-market-conditions#:~:text=(ACEX)%2C%20the%20listed%20oil,citing%20%22unfavorable%20market%20conditions.%22)

Si DITO kasi parang mga sikat na artista sa atin.

Makaslide lang sa daan ay binabalita na while yung kapitbahay mo na hinabol ng baka ninyo at nagkandagulong gulong sa putikan ay walang nagbabalita.

It has something to do din with the man behind DITO which is Dennis Uy na medyo maingay ang name ever since.

BDO is owned by SM.

Dennis Uy had dealings with them na before pa.

(https://business.inquirer.net/319790/dennis-uy-sells-2go-to-sm-group)

I do not think there is something na mangyayare sa balita na ito kasi naglabas na nga agad ng statement mismo ang Udenna.

Masesettle din nila ito and I bet privately nila gagawin but syempre once nasagap ito ng iba pang news outlet ay palalakihin.

Would you sell DITO dahil sa news an ito? Nope. Stick ka sa reason bakit mo binili in the first place.

Would you buy DITO dahil sa news na ito? Nope. Have a system na mas better kesa sa umasa sa good and bad news.

Have a proper trading system para di ka gullible sa bawat news na lumalabas. Only buy and sell dahil sa system mo. Laging may good at bad news ang bawat stock.

If you want to learn more about trading especially yung kakaibang approach at ideas ay iniimbitahan kita this coming Sunday.

We will have our I DARE YOU TO TRADE 4 event.

Bago ka umayaw ay tingnan mo muna mga results ng mga umattend ng course na ito last week.