EPISODE #61: CIC - Concepcion Industrial Corporation (Company & Stock Review) - INVESTING in the Philippines
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Concepcion Industrial Corporation is a manufacturer and developer of air conditioners and refrigerators. Their brands include Carrier, Condura, Otis, Kelvinator, Midea and Toshiba. CIC was listed in the Philippine Stock Exchange back in 2013 and has paid out dividends to its shareholders since 2014. Its stock has a good capital gain potential and the business is still thriving (\\u20b1128M net income for the 1Q of 2020) despite the pandemic (COVID-19 / Coronavirus). The current market price of this stock is comparable to prices dating back in early 2014.
\\n"Don\'t get trapped by the cost of your lifestyle and really think about things you spend money on." -Gary Vaynerchuk
\\n#stocks #pesosmartph #cic #concepcionindustrialcorporation #stockreview #ph #philippines #pse #psei #dividends #passiveincome #carrier #condura #otis #kelvinator #midea #toshiba
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