Author Topic: STOCK MARKET PICK REVIEW : MEG Megaworld Updates  (Read 22 times)

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RichPoorDad

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STOCK MARKET PICK REVIEW : MEG Megaworld Updates
« on: November 03, 2017, 05:52:52 PM »
STOCK MARKET PICK REVIEW : MEG Megaworld Updates

Megaworld is a leading integrated real estate developer in the Philippines. MEG’s core businesses include residential development, commercial centers, offices, and hotels. They pioneered the Live-Work-Play-Learn township concept in the Philippines. Megaworld is also one of the poineers in the BPO office leasing segment and is now one of the top BPO office developer and landlord.

Large landbank in developing areas ensure future growth

Megaworld has 22 integrated urban townships in various stages of development that will drive the growth of the company for years to come. These townships cover 3,704 hectares of land across Luzon, Visayas, and Mindanao.

Leasing business to grow rapidly

Megaworld has a long pipeline of office and retail projects that are scheduled to be completed by 2020. This will increase its leasable space from 1.1 Mil sqm in 2016 to 2.1 Mil sqm by 2020. This will drive rental income to grow from Php10.3 Bil to Php19 Bil by 2020. This will also also increase the contribution of recurring income to the company, thereby improving revenue and earnings quality
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STOCK MARKET PICK REVIEW : MEG Megaworld Updates
« on: November 03, 2017, 05:52:52 PM »

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