Thread by @ANCALERTS

NOW on ANC: Get the real stories behind the numbers in today's episode of #MarketEdge with @michelle_d_ong.

@michelle_d_ong PH Travel Agencies Association VP for Inbound Travel Angel Lao: Boracay reopening a success; 2nd phase of reopening is with Ilocos Norte welcoming tourists from Luzon. | via @michelle_d_ong #MarketEdge

@michelle_d_ong PH Travel Agencies Association VP for Inbound Travel Angel Lao: Boracay reopening a success; 2nd phase of reopening is with Ilocos Norte welcoming tourists from Luzon. | via @michelle_d_ong #MarketEdge

@michelle_d_ong #MarketEdge Lao: We are pushing for staycations (eight 4 & 5-Star hotels have reopened); with tourism corridors planner, expect industry start to normalize by Q1 2021 | via @michelle_d_ong

@michelle_d_ong #MarketEdge Lao: Worldwide, domestic travel is 6x bigger than international travel; last year, there were 110-M domestic travelled with P3.14-T in receipts, vs P548.76-B in receipts from 8.32-M foreign tourists in PH | via @michelle_d_ong

@michelle_d_ong #MarketEdge Lao: Seamless synergies among LGUs and travel stakeholders, need a negative RT-PCR (48 hours before travel) or antigen at the border; must register online, pre-book all activities and accommodations - DIY not encouraged, you need a travel agency to arrange these

@michelle_d_ong #MarketEdge Lao: More than 50% of the 6-M jobs the travel industry contributes to PH economy- affected by pandemic | via @michelle_d_ong

@michelle_d_ong Ed Francisco, BDO Capital: PH stocks undervalued; foreigners have pulled out because of uncertainties with quarantine restrictions and how economy/ corporates will recover because of these protocols. | via @michelle_d_ong #MarketEdge

@michelle_d_ong #MarketEdge Francisco: Valuations are at all-time lows, good time to invest - if you have 1-2 year horizon | via @michelle_d_ong

@michelle_d_ong #MarketEdge Francisco: Smaller stocks have been moving market due to “tsismis/ bulong” | via @michelle_d_ong

@michelle_d_ong #MarketEdge Francisco: Converge ICT IPO offer period begins today; foreign books so strong even without domestic oversubscription, we only want to allocate to long term investors. Dennis Uy wants to deliver performance rather than hype | via @michelle_d_ong

@michelle_d_ong #MarketEdge Francisco: Don't buy Converge to just make a quick buck; hold it- and see the share price grow | via @michelle_d_ong

@michelle_d_ong #MarketEdge Francisco likes this stock- which he’s been watching for the longest time- which he says delivers very well (All the time) but price hasn't been keeping up, dividend yield at 5-6%, its been doubling its income in past years | via @michelle_d_ong

@michelle_d_ong PayMongo COO Edwin Lacierda: No payment Ppofessor was attending to MSMEs before Paymongo came along; today we have around 5000 merchants (including big enterprises, 1 listed property firm). We’ve seen exponential growth in processing due to pandemic-driven online migration

@michelle_d_ong #MarketEdge Lacierda: PayMongo is a low touch product, KYC done online, all docs submitted online, very fast processing of Just 3-7 says, vs others that take a month. One of our investors, STRIPE, handles 50% of American online commerce provides synergies, tech guidance

@michelle_d_ong #MarketEdge Lacierda: We are still raring to expand to Vietnam, other Southeast Asian countries. We also got an inquiry from the Middle East, but there's so much work to be done in PH, where we are just scratching the surface | via @michelle_d_ong