For many years, SM North EDSA was sensational - a
huge household name for shopaholics particularly for Quezon City residents.
When Triangle North of Manila or more popularly known as TriNoma opened in
2007, SM North has started vying for the number one spot. Last week I was
stunned to find out that the Ayalas have begun building another money empire
in Fairview, Quezon City where one of the kingdoms of Henry Sy has long been in
supremacy. With this new development at hand, do you smell another rivalry?
It is so easy to assume
that Ayala Corporation is the antagonist to SM domination. But, really? There
may be a big truth to this but a wise man knows how to strategize. That’s what
I have realized when I opened the list of Top 100 Stockholders (common) of AyalaCorporation as of December 31, 2011 in PSE website. I was in awe to see Shoemart
Investment Inc. at no.5, Henry Sy Sr. at no. 7 followed by SM Investment Inc at
no. 8. Isn’t that brilliant? Henry Sy and his companies will continue to prosper
even though his malls don’t make much money (which I doubt will ever happen). In
times of famine and loss, I bet, Henry Sy will remain the richest man in the
Philippines.
To sum it up...
1. In business, if you can’t completely beat your foe, make him your ally.
2. That is Stock Market simplified.
1. In business, if you can’t completely beat your foe, make him your ally.
2. That is Stock Market simplified.
2.1
Choose.
2.2
Share.
2.3
Earn.
Photo grabbed @ business.inquirer.net
