Ayala Corp (PHS:AC)
₱ 587 4.5 (0.77%) Market Cap: 598.63 Bil Enterprise Value: 1.14 Til PE Ratio: 10.01 PB Ratio: 1.54 GF Score: 83/100

Ayala Corp Special Call Transcript

Nov 18, 2019 / 09:30AM GMT
Operator

Ladies and gentlemen, welcome to the Special Analyst and Investor Conference Call. Mr. TG Limcaoco will be your first speaker today, followed by Mr. Paolo Borromeo. Gentlemen, please go ahead.

Jose Teodoro K. Limcaoco
Ayala Corporation - MD, CFO, Chief Risk Officer, Chief Sustainability Officer & Finance Group Head

Thank you, Ana, and thank you to everyone for joining us on this special call. With me today on the line is Paolo Borromeo, who is Head of our Strategy Group at Ayala Corporation.

I guess we asked -- we were asked to do this call just to lend some color on 2 questions that, basically, I think our friends from the sell side have gotten. I think one is we wanted to speak a little about the transaction that we announced last week of our purchase on the Yoma Group out of Myanmar. And secondly, we just wanted to touch on, I guess, what I would call, quite frankly, the underperformance of our stock, relative to the -- what we believe is our net asset value or even to the performance of the general market.

I understand that you

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